Keating Investment Counselors Inc. lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,086 shares of the company’s stock after selling 632 shares during the quarter. Procter & Gamble makes up approximately 1.8% of Keating Investment Counselors Inc.’s holdings, making the stock its 28th biggest holding. Keating Investment Counselors Inc.’s holdings in Procter & Gamble were worth $4,104,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PG. Holderness Investments Co. grew its position in Procter & Gamble by 78.2% in the 1st quarter. Holderness Investments Co. now owns 21,467 shares of the company’s stock worth $1,929,000 after purchasing an additional 9,419 shares during the last quarter. Trillium Asset Management LLC boosted its holdings in shares of Procter & Gamble by 2.0% in the second quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock valued at $14,842,000 after acquiring an additional 3,387 shares in the last quarter. Barrett Asset Management LLC boosted its holdings in shares of Procter & Gamble by 3.3% in the second quarter. Barrett Asset Management LLC now owns 137,397 shares of the company’s stock valued at $11,974,000 after acquiring an additional 4,325 shares in the last quarter. Thomaspartners Inc. boosted its holdings in shares of Procter & Gamble by 9.9% in the first quarter. Thomaspartners Inc. now owns 2,483,566 shares of the company’s stock valued at $223,148,000 after acquiring an additional 224,714 shares in the last quarter. Finally, Whittier Trust Co. lifted its stake in Procter & Gamble by 0.7% during the second quarter. Whittier Trust Co. now owns 287,996 shares of the company’s stock valued at $25,099,000 after purchasing an additional 2,113 shares during the last quarter. Institutional investors and hedge funds own 59.54% of the company’s stock.

In related news, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $92.98, for a total transaction of $265,550.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Juan Fernando Posada sold 4,878 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $89.80, for a total transaction of $438,044.40. Following the transaction, the insider now owns 25,429 shares in the company, valued at $2,283,524.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,575 shares of company stock worth $1,927,095. Insiders own 0.35% of the company’s stock.

Shares of Procter & Gamble Company (NYSE PG) traded down $0.15 during midday trading on Thursday, reaching $91.25. 6,737,300 shares of the company were exchanged, compared to its average volume of 7,380,761. The firm has a market capitalization of $231,877.97, a PE ratio of 22.97, a P/E/G ratio of 2.94 and a beta of 0.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. Procter & Gamble Company has a 52-week low of $82.71 and a 52-week high of $94.67.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.02. The firm had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.03 earnings per share. analysts forecast that Procter & Gamble Company will post 4.17 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th were paid a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend was Thursday, October 19th. Procter & Gamble’s payout ratio is currently 48.51%.

Several research firms recently commented on PG. Jefferies Group reissued a “buy” rating and set a $88.23 target price (down from $99.00) on shares of Procter & Gamble in a research note on Thursday, November 16th. Vetr lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a research note on Tuesday, November 7th. Morgan Stanley dropped their price target on shares of Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 24th. Royal Bank Of Canada restated a “buy” rating on shares of Procter & Gamble in a research note on Monday, October 23rd. Finally, Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble and gave the company a “hold” rating in a research note on Friday, October 20th. 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’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $87.81.

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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.

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

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