Blue Fin Capital Inc. lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 14.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,708 shares of the company’s stock after selling 2,362 shares during the period. Blue Fin Capital Inc.’s holdings in Procter & Gamble Company (The) were worth $1,194,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. increased its holdings in Procter & Gamble Company (The) by 11.9% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after purchasing an additional 170 shares during the period. Winfield Associates Inc. increased its holdings in Procter & Gamble Company (The) by 0.7% during the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after purchasing an additional 15 shares during the period. Watermark Asset Management Inc. purchased a new position in Procter & Gamble Company (The) during the 1st quarter valued at about $201,000. Security National Bank of SO Dak purchased a new position in Procter & Gamble Company (The) during the 1st quarter valued at about $206,000. Finally, Proficio Capital Partners LLC increased its holdings in Procter & Gamble Company (The) by 85.5% during the 1st quarter. Proficio Capital Partners LLC now owns 2,506 shares of the company’s stock valued at $217,000 after purchasing an additional 1,155 shares during the period. 59.73% of the stock is owned by institutional investors.

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A number of research analysts recently issued reports on the company. Jefferies Group LLC restated a “buy” rating and set a $92.44 price target (down previously from $103.00) on shares of Procter & Gamble Company (The) in a report on Thursday, August 17th. Vetr upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price target on the stock in a report on Monday, October 23rd. BidaskClub upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Stifel Nicolaus reiterated a “hold” rating and set a $90.00 target price (up previously from $87.00) on shares of Procter & Gamble Company (The) in a report on Sunday, July 30th. Finally, Zacks Investment Research downgraded Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Thursday, August 3rd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $87.81.

In related news, SVP Valarie L. Sheppard sold 20,175 shares of the company’s 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $92.98, for a total value of $265,550.88. The disclosure for this sale can be found here. Insiders sold a total of 32,694 shares of company stock worth $2,987,000 over the last ninety days. 0.35% of the stock is currently owned by insiders.

Procter & Gamble Company (PG) opened at $88.43 on Friday. The stock has a market capitalization of $226,420.00, a P/E ratio of 22.33, a P/E/G ratio of 2.86 and a beta of 0.66. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. The business had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.03 EPS. equities analysts anticipate that Procter & Gamble Company will post 4.16 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, October 20th were given a $0.6896 dividend. The ex-dividend date was Thursday, October 19th. This represents a $2.76 annualized dividend and a yield of 3.12%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 73.80%.

Procter & Gamble Company (The) 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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