Mark Sheptoff Financial Planning LLC cut its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,126 shares of the company’s stock after selling 1 shares during the period. Mark Sheptoff Financial Planning LLC’s holdings in Procter & Gamble were worth $882,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Karp Capital Management Corp purchased a new position in Procter & Gamble in the 1st quarter valued at $126,275,000. American Century Companies Inc. grew its position in Procter & Gamble by 8.1% in the 2nd quarter. American Century Companies Inc. now owns 12,490,795 shares of the company’s stock valued at $1,088,573,000 after buying an additional 934,179 shares during the last quarter. Bank of Nova Scotia grew its position in Procter & Gamble by 232.6% in the 1st quarter. Bank of Nova Scotia now owns 1,227,101 shares of the company’s stock valued at $110,256,000 after buying an additional 858,200 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Procter & Gamble by 4.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 11,549,179 shares of the company’s stock valued at $1,006,511,000 after buying an additional 533,340 shares during the last quarter. Finally, Private Vista LLC grew its position in Procter & Gamble by 5,441.2% in the 2nd quarter. Private Vista LLC now owns 525,859 shares of the company’s stock valued at $322,000 after buying an additional 516,369 shares during the last quarter. Institutional investors and hedge funds own 59.54% of the company’s stock.

A number of research firms recently weighed in on PG. Jefferies Group reiterated a “buy” rating and issued a $104.00 price objective (up from $103.00) on shares of Procter & Gamble in a research report on Wednesday, September 20th. Vetr upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 price objective on the stock in a research report on Friday, September 15th. Macquarie began coverage on shares of Procter & Gamble in a research report on Thursday, September 14th. They issued an “outperform” rating and a $102.00 price objective on the stock. Bank of America lifted their price objective on shares of Procter & Gamble from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, September 19th. Finally, Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. 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 stock. The company currently has a consensus rating of “Hold” and an average price target of $87.81.

In other news, insider Carolyn M. Tastad sold 5,300 shares of Procter & Gamble stock in a transaction on Monday, November 13th. The stock was sold at an average price of $89.18, for a total transaction of $472,654.00. Following the completion of the transaction, the insider now owns 57,191 shares of the company’s stock, valued at approximately $5,100,293.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider R. Alexandra Keith sold 1,298 shares of Procter & Gamble stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $89.11, for a total value of $115,664.78. The disclosure for this sale can be found here. Insiders have sold a total of 21,575 shares of company stock valued at $1,927,095 in the last ninety days. Corporate insiders own 0.35% of the company’s stock.

Procter & Gamble Company (PG) traded down $0.01 during trading on Wednesday, reaching $91.40. The company’s stock had a trading volume of 8,683,000 shares, compared to its average volume of 7,383,511. Procter & Gamble Company has a 12 month low of $82.61 and a 12 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 firm has a market capitalization of $231,903.34, a P/E ratio of 22.97, a P/E/G ratio of 2.94 and a beta of 0.67.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. Procter & Gamble 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 quarter last year, the company earned $1.03 earnings per share. Procter & Gamble’s quarterly revenue was up .8% compared to the same quarter last year. equities analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th were paid a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a dividend yield of 3.02%. The ex-dividend date was Thursday, October 19th. Procter & Gamble’s dividend payout ratio (DPR) is presently 48.51%.

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About Procter & Gamble

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 (NYSE:PG)

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