Financial Partners Capital Management LLC trimmed its position in shares of Procter & Gamble Co (NYSE:PG) by 0.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 133,027 shares of the company’s stock after selling 1,025 shares during the period. Procter & Gamble accounts for approximately 2.3% of Financial Partners Capital Management LLC’s portfolio, making the stock its 8th largest holding. Financial Partners Capital Management LLC’s holdings in Procter & Gamble were worth $12,103,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Research Global Investors lifted its holdings in shares of Procter & Gamble by 74.2% in the second quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock worth $1,079,710,000 after acquiring an additional 5,278,359 shares during the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Procter & Gamble by 1,244.6% in the second quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock worth $392,226,000 after acquiring an additional 4,165,862 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Procter & Gamble by 2.3% in the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock worth $15,750,688,000 after acquiring an additional 4,066,266 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Procter & Gamble by 1.4% in the second quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock worth $13,626,862,000 after acquiring an additional 2,164,426 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Procter & Gamble by 30.6% in the second quarter. Parametric Portfolio Associates LLC now owns 6,349,258 shares of the company’s stock worth $553,334,000 after acquiring an additional 1,487,095 shares during the last quarter. Hedge funds and other institutional investors own 59.85% of the company’s stock.

PG has been the subject of a number of research reports. Zacks Investment Research cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a report on Friday, October 20th. Vetr raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 target price for the company in a report on Monday, October 23rd. Royal Bank of Canada reissued a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Finally, Morgan Stanley dropped their target price on shares of Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $88.38.

Procter & Gamble Co (NYSE:PG) opened at $80.68 on Thursday. The stock has a market cap of $203,390.00, a P/E ratio of 21.81, a P/E/G ratio of 2.54 and a beta of 0.51. Procter & Gamble Co has a fifty-two week low of $78.59 and a fifty-two week high of $94.67. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $17.40 billion during the quarter, compared to analyst estimates of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the business earned $1.08 EPS. equities analysts expect that Procter & Gamble Co will post 4.2 earnings per share for the current year.

The company also recently announced 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 3.42%. The ex-dividend date of this dividend is Thursday, January 18th. Procter & Gamble’s dividend payout ratio is presently 74.59%.

In other Procter & Gamble news, insider Ioannis Skoufalos sold 2,880 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $88.75, for a total transaction of $255,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathleen B. Fish sold 10,192 shares of the stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $86.97, for a total transaction of $886,398.24. The disclosure for this sale can be found here. Insiders have sold a total of 70,681 shares of company stock valued at $6,266,735 in the last three months. Insiders own 0.35% of the company’s stock.

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Procter & Gamble 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 (NYSE:PG)

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