Brown Advisory Inc. decreased its position in shares of Procter & Gamble Co (NYSE:PG) by 15.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 846,419 shares of the company’s stock after selling 148,822 shares during the period. Brown Advisory Inc.’s holdings in Procter & Gamble were worth $67,105,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. ING Groep NV lifted its position in shares of Procter & Gamble by 51.6% during the 4th quarter. ING Groep NV now owns 404,610 shares of the company’s stock valued at $37,176,000 after buying an additional 137,754 shares in the last quarter. Canandaigua National Bank & Trust Co. lifted its position in shares of Procter & Gamble by 1.2% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 98,433 shares of the company’s stock valued at $9,044,000 after buying an additional 1,201 shares in the last quarter. Horan Capital Advisors LLC. lifted its position in shares of Procter & Gamble by 11.5% during the 4th quarter. Horan Capital Advisors LLC. now owns 32,319 shares of the company’s stock valued at $2,969,000 after buying an additional 3,344 shares in the last quarter. Regal Investment Advisors LLC lifted its position in shares of Procter & Gamble by 14.4% during the 4th quarter. Regal Investment Advisors LLC now owns 60,232 shares of the company’s stock valued at $5,534,000 after buying an additional 7,578 shares in the last quarter. Finally, Retirement Income Solutions Inc purchased a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $497,000. Institutional investors and hedge funds own 58.79% of the company’s stock.

In other Procter & Gamble news, SVP Valarie L. Sheppard sold 27,000 shares of the firm’s stock in a transaction on Wednesday, August 1st. The stock was sold at an average price of $80.66, for a total value of $2,177,820.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Gary A. Coombe sold 1,529 shares of the firm’s stock in a transaction on Monday, June 4th. The stock was sold at an average price of $74.25, for a total value of $113,528.25. Following the completion of the sale, the insider now directly owns 5,235 shares of the company’s stock, valued at $388,698.75. The disclosure for this sale can be found here. Insiders sold a total of 155,707 shares of company stock valued at $12,675,748 over the last ninety days. Corporate insiders own 0.35% of the company’s stock.

PG has been the topic of a number of recent analyst reports. Citigroup decreased their target price on Procter & Gamble from $98.00 to $89.00 and set a “buy” rating on the stock in a research report on Friday, July 20th. SunTrust Banks increased their target price on Procter & Gamble to $80.00 and gave the company a “hold” rating in a research report on Wednesday, August 1st. Deutsche Bank increased their target price on Procter & Gamble from $81.00 to $84.00 and gave the company a “hold” rating in a research report on Wednesday, August 1st. Morgan Stanley increased their price objective on Procter & Gamble from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Wednesday, August 1st. Finally, Jefferies Financial Group downgraded Procter & Gamble to a “hold” rating and set a $79.00 price objective for the company. in a research note on Tuesday, July 31st. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $84.79.

NYSE PG opened at $83.41 on Friday. Procter & Gamble Co has a one year low of $70.73 and a one year high of $94.67. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.83 and a quick ratio of 0.66. The firm has a market capitalization of $210.35 billion, a P/E ratio of 19.77, a PEG ratio of 2.68 and a beta of 0.58.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, July 31st. The company reported $0.94 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.90 by $0.04. Procter & Gamble had a return on equity of 20.94% and a net margin of 14.59%. The firm had revenue of $16.50 billion during the quarter, compared to the consensus estimate of $16.52 billion. During the same period in the prior year, the company earned $0.85 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. sell-side analysts forecast that Procter & Gamble Co will post 4.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 15th. Shareholders of record on Friday, July 20th were paid a $0.7172 dividend. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Thursday, July 19th. Procter & Gamble’s dividend payout ratio (DPR) is presently 68.01%.

Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company's Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products.

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

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