Pettyjohn Wood & White Inc. raised its holdings in Procter & Gamble Co (NYSE:PG) by 0.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 83,025 shares of the company’s stock after buying an additional 170 shares during the quarter. Procter & Gamble accounts for 2.8% of Pettyjohn Wood & White Inc.’s investment portfolio, making the stock its 4th largest holding. Pettyjohn Wood & White Inc.’s holdings in Procter & Gamble were worth $9,104,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Camarda Financial Advisors LLC raised its position in Procter & Gamble by 59.2% in the 2nd quarter. Camarda Financial Advisors LLC now owns 269 shares of the company’s stock valued at $29,000 after buying an additional 100 shares during the last quarter. SeaBridge Investment Advisors LLC purchased a new stake in Procter & Gamble in the 4th quarter valued at $36,000. Smart Portfolios LLC raised its position in Procter & Gamble by 48.0% in the 4th quarter. Smart Portfolios LLC now owns 450 shares of the company’s stock valued at $41,000 after buying an additional 146 shares during the last quarter. Financial Management Professionals Inc. raised its position in Procter & Gamble by 71.5% in the 2nd quarter. Financial Management Professionals Inc. now owns 463 shares of the company’s stock valued at $51,000 after buying an additional 193 shares during the last quarter. Finally, Intercontinental Wealth Advisors LLC purchased a new stake in Procter & Gamble in the 4th quarter valued at $62,000. 62.57% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:PG traded up $0.03 during trading on Wednesday, reaching $118.93. The company’s stock had a trading volume of 646,793 shares, compared to its average volume of 9,110,868. The firm has a market cap of $298.22 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 3.45 and a beta of 0.45. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.58 and a current ratio of 0.75. The firm has a 50 day moving average of $115.63 and a 200-day moving average of $106.96. Procter & Gamble Co has a 12 month low of $78.49 and a 12 month high of $121.76.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.04. The firm had revenue of $17.09 billion during the quarter, compared to the consensus estimate of $16.86 billion. Procter & Gamble had a return on equity of 23.03% and a net margin of 5.76%. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.94 EPS. Equities research analysts forecast that Procter & Gamble Co will post 4.84 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Friday, July 19th were paid a $0.7459 dividend. The ex-dividend date of this dividend was Thursday, July 18th. This represents a $2.98 dividend on an annualized basis and a yield of 2.51%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.93%.

PG has been the subject of a number of analyst reports. UBS Group set a $122.00 price target on Procter & Gamble and gave the company a “hold” rating in a research report on Wednesday, July 31st. Wells Fargo & Co reissued a “buy” rating and issued a $135.00 price target (up from $125.00) on shares of Procter & Gamble in a research report on Tuesday, July 30th. Royal Bank of Canada reissued a “neutral” rating and issued a $89.00 price target on shares of Procter & Gamble in a research report on Tuesday, July 30th. Barclays raised Procter & Gamble from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $94.00 to $112.00 in a research report on Wednesday, April 24th. Finally, Morgan Stanley set a $129.00 price target on Procter & Gamble and gave the company a “buy” rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $108.15.

In other Procter & Gamble news, Vice Chairman Jon R. Moeller sold 141,575 shares of the company’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $118.05, for a total value of $16,712,928.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Marylynn Fergusonmchugh sold 37,027 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $116.00, for a total value of $4,295,132.00. Following the completion of the transaction, the chief executive officer now owns 112,703 shares of the company’s stock, valued at approximately $13,073,548. The disclosure for this sale can be found here. Insiders sold a total of 253,747 shares of company stock valued at $29,661,946 in the last 90 days. Corporate insiders own 1.84% of the company’s stock.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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