Camden National Bank increased its stake in Procter & Gamble Company (The) (NYSE:PG) by 0.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,789 shares of the company’s stock after acquiring an additional 276 shares during the quarter. Procter & Gamble Company (The) accounts for approximately 3.1% of Camden National Bank’s portfolio, making the stock its 6th largest position. Camden National Bank’s holdings in Procter & Gamble Company (The) were worth $10,004,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in PG. Asset Planning Services Ltd. grew its position in Procter & Gamble Company (The) by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after purchasing an additional 5 shares during the period. Northwest Wealth Management LLC boosted its holdings in Procter & Gamble Company (The) by 0.3% during the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock worth $223,000 after acquiring an additional 8 shares during the last quarter. Winfield Associates Inc. boosted 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 worth $197,000 after acquiring an additional 15 shares during the last quarter. Cascade Investment Advisors Inc. boosted its holdings in Procter & Gamble Company (The) by 0.5% during the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after acquiring an additional 17 shares during the last quarter. Finally, RB Capital Management LLC boosted its holdings in Procter & Gamble Company (The) by 0.3% during the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

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PG has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a report on Tuesday, August 1st. Stifel Nicolaus set a $87.00 price objective on shares of Procter & Gamble Company (The) and gave the stock a “hold” rating in a report on Friday, October 20th. Jefferies Group LLC reiterated a “buy” rating and set a $104.00 target price on shares of Procter & Gamble Company (The) in a research note on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Procter & Gamble Company (The) in a research note on Wednesday, October 4th. Finally, BidaskClub upgraded Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company. Procter & Gamble Company (The) currently has an average rating of “Hold” and a consensus target price of $87.81.

In other Procter & Gamble Company (The) news, insider Marylynn Fergusonmchugh sold 2,856 shares of the company’s 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Carolyn M. Tastad sold 5,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $89.18, for a total value of $472,654.00. Following the completion of the sale, the insider now directly owns 57,191 shares of the company’s stock, valued at approximately $5,100,293.38. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,277 shares of company stock valued at $1,811,430. 0.35% of the stock is owned by insiders.

Procter & Gamble Company (NYSE PG) opened at $88.33 on Thursday. Procter & Gamble Company has a twelve month low of $81.18 and a twelve month high of $94.67. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $224,090.00, a PE ratio of 22.18, 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 EPS for the quarter, topping the Thomson Reuters’ 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 analyst estimates of $16.69 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. Procter & Gamble Company (The)’s revenue was up .8% on a year-over-year basis. research analysts forecast that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

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

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

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