BTC Capital Management Inc. grew its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,153 shares of the company’s stock after buying an additional 187 shares during the period. Procter & Gamble Company (The) makes up 1.3% of BTC Capital Management Inc.’s holdings, making the stock its 18th biggest position. BTC Capital Management Inc.’s holdings in Procter & Gamble Company (The) were worth $7,239,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Holderness Investments Co. increased its position in Procter & Gamble Company (The) by 78.2% during the 1st quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock worth $1,929,000 after buying an additional 9,419 shares during the period. Thomaspartners Inc. grew its holdings in shares of Procter & Gamble Company (The) by 9.9% during the 1st quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock worth $223,148,000 after purchasing an additional 224,714 shares in the last quarter. Whittier Trust Co. grew its holdings in shares of Procter & Gamble Company (The) by 0.7% during the 2nd quarter. Whittier Trust Co. now owns 287,996 shares of the company’s stock worth $25,099,000 after purchasing an additional 2,113 shares in the last quarter. Pensionfund Sabic acquired a new stake in shares of Procter & Gamble Company (The) during the 2nd quarter worth $4,009,000. Finally, Koshinski Asset Management Inc. grew its holdings in shares of Procter & Gamble Company (The) by 4.3% during the 2nd quarter. Koshinski Asset Management Inc. now owns 20,292 shares of the company’s stock worth $1,768,000 after purchasing an additional 835 shares in the last quarter. Hedge funds and other institutional investors own 59.73% of the company’s stock.

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Procter & Gamble Company (NYSE PG) opened at $89.00 on Tuesday. Procter & Gamble Company has a 1 year low of $81.18 and a 1 year high of $94.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market capitalization of $223,658.23, a PE ratio of 22.15, a PEG ratio of 2.84 and a beta of 0.66.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The company had revenue of $16.65 billion during the quarter, compared to the consensus estimate of $16.69 billion. During the same period last year, the company earned $1.03 earnings per share. The firm’s revenue was up .8% compared to the same quarter last year. research analysts predict that Procter & Gamble Company will post 4.16 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th will be given a dividend of $0.6896 per share. The ex-dividend date is Thursday, October 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.10%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 48.51%.

In other Procter & Gamble Company (The) news, insider Marylynn Fergusonmchugh sold 2,856 shares of Procter & Gamble Company (The) stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $92.98, for a total value of $265,550.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Valarie L. Sheppard sold 20,175 shares of Procter & Gamble Company (The) stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $92.65, for a total value of $1,869,213.75. The disclosure for this sale can be found here. Insiders have sold 32,694 shares of company stock valued at $2,987,000 over the last 90 days. 0.35% of the stock is owned by corporate insiders.

Several analysts have recently issued reports on PG shares. Zacks Investment Research raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a report on Tuesday, August 1st. Stifel Nicolaus set a $87.00 target price on Procter & Gamble Company (The) and gave the stock a “hold” rating in a report on Friday, October 20th. Jefferies Group LLC reissued a “buy” rating and set a $104.00 target price on shares of Procter & Gamble Company (The) in a report on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Procter & Gamble Company (The) in a report on Wednesday, October 4th. Finally, BidaskClub raised Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. Procter & Gamble Company (The) presently has an average rating of “Hold” and a consensus price target of $88.69.

Procter & Gamble Company (The) Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

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