Total Investment Management Inc. bought a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,254 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors also recently made changes to their positions in PG. Asset Planning Services Ltd. lifted its holdings in shares of Procter & Gamble by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after acquiring an additional 5 shares during the last quarter. Northwest Wealth Management LLC lifted its holdings in shares of Procter & Gamble by 0.3% in 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. lifted its holdings in shares of Procter & Gamble by 0.7% in 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. lifted its holdings in shares of Procter & Gamble by 0.5% in 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, Iron Financial LLC lifted its holdings in shares of Procter & Gamble by 0.8% in the 2nd quarter. Iron Financial LLC now owns 3,342 shares of the company’s stock worth $291,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 59.56% of the company’s stock.

Procter & Gamble Company (NYSE:PG) opened at $90.47 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.37. Procter & Gamble Company has a one year low of $83.28 and a one year high of $94.67. The company has a market cap of $229,520.00, a price-to-earnings ratio of 24.19, a P/E/G ratio of 2.93 and a beta of 0.67.

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 business had revenue of $16.65 billion for the quarter, compared to the consensus estimate of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.03 EPS. analysts anticipate that Procter & Gamble Company will post 4.18 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Friday, January 19th will be given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, January 18th. Procter & Gamble’s payout ratio is currently 73.80%.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Vetr raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 target price on the stock in a research note on Monday, October 23rd. Jefferies Group reaffirmed a “buy” rating and issued a $99.00 target price on shares of Procter & Gamble in a research note on Monday, December 18th. Bank of America lifted their target price on shares of Procter & Gamble from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Finally, Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a research note on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the stock. Procter & Gamble currently has an average rating of “Hold” and a consensus price target of $89.31.

In other Procter & Gamble news, insider R. Alexandra Keith sold 1,298 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the transaction, the insider now directly owns 20,135 shares of the company’s stock, valued at approximately $1,794,229.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Marylynn Fergusonmchugh sold 4,363 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total transaction of $379,581.00. Following the transaction, the insider now directly owns 85,495 shares in the company, valued at $7,438,065. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,575 shares of company stock worth $1,927,095. Insiders own 0.35% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Total Investment Management Inc. Takes $205,000 Position in Procter & Gamble Company (The) (PG)” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another publication, it was illegally copied and republished in violation of U.S. and international copyright laws. The original version of this piece can be viewed at https://www.thecerbatgem.com/2018/01/11/total-investment-management-inc-takes-205000-position-in-procter-gamble-company-the-pg.html.

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)

Receive News & Stock Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related stocks with our FREE daily email newsletter.