Rikoon Group LLC decreased its stake in shares of Procter & Gamble Co (NYSE:PG) by 0.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 129,252 shares of the company’s stock after selling 92 shares during the period. Procter & Gamble accounts for 6.0% of Rikoon Group LLC’s investment portfolio, making the stock its biggest position. Rikoon Group LLC’s holdings in Procter & Gamble were worth $16,076,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Slow Capital Inc. lifted its stake in shares of Procter & Gamble by 3.9% during the second quarter. Slow Capital Inc. now owns 2,317 shares of the company’s stock worth $254,000 after purchasing an additional 86 shares in the last quarter. AMI Asset Management Corp increased its holdings in Procter & Gamble by 0.7% in the third quarter. AMI Asset Management Corp now owns 13,431 shares of the company’s stock valued at $1,671,000 after buying an additional 87 shares during the last quarter. Stony Point Wealth Management Inc. increased its holdings in Procter & Gamble by 0.7% in the second quarter. Stony Point Wealth Management Inc. now owns 12,805 shares of the company’s stock valued at $1,485,000 after buying an additional 91 shares during the last quarter. Centric Wealth Management increased its holdings in Procter & Gamble by 0.9% in the third quarter. Centric Wealth Management now owns 10,692 shares of the company’s stock valued at $1,295,000 after buying an additional 91 shares during the last quarter. Finally, First Mercantile Trust Co. increased its holdings in Procter & Gamble by 1.5% in the third quarter. First Mercantile Trust Co. now owns 6,164 shares of the company’s stock valued at $767,000 after buying an additional 92 shares during the last quarter. 65.62% of the stock is owned by institutional investors.

PG has been the subject of several research analyst reports. Stifel Nicolaus set a $117.00 price objective on Procter & Gamble and gave the company a “hold” rating in a report on Wednesday, July 31st. SunTrust Banks upped their target price on Procter & Gamble to $120.00 and gave the company a “hold” rating in a report on Wednesday, July 31st. Royal Bank of Canada reaffirmed a “neutral” rating and set a $89.00 target price on shares of Procter & Gamble in a report on Tuesday, July 30th. Goldman Sachs Group reaffirmed a “buy” rating and set a $136.00 target price on shares of Procter & Gamble in a report on Wednesday, October 23rd. Finally, UBS Group upped their target price on Procter & Gamble from $122.00 to $126.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $116.71.

Shares of NYSE PG traded up $0.08 during midday trading on Friday, hitting $119.70. 4,181,176 shares of the company’s stock were exchanged, compared to its average volume of 7,798,948. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.54. The stock’s 50 day moving average price is $121.95 and its 200-day moving average price is $115.01. The firm has a market cap of $296.51 billion, a P/E ratio of 26.48, a PEG ratio of 3.23 and a beta of 0.42. Procter & Gamble Co has a twelve month low of $86.74 and a twelve month high of $125.77.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $1.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.13. The business had revenue of $17.80 billion during the quarter, compared to the consensus estimate of $17.43 billion. Procter & Gamble had a return on equity of 25.07% and a net margin of 6.24%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 earnings per share. On average, analysts expect that Procter & Gamble Co will post 4.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, October 18th will be given a $0.7459 dividend. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $2.98 dividend on an annualized basis and a yield of 2.49%. Procter & Gamble’s dividend payout ratio (DPR) is 65.93%.

In other Procter & Gamble news, VP Valarie L. Sheppard sold 1,729 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $119.80, for a total value of $207,134.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Marc S. Pritchard sold 26,075 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $124.96, for a total value of $3,258,332.00. Following the completion of the sale, the insider now owns 139,066 shares of the company’s stock, valued at $17,377,687.36. The disclosure for this sale can be found here. Insiders sold 1,645,966 shares of company stock valued at $202,229,770 over the last 90 days. 1.75% of the stock is currently owned by insiders.

Procter & Gamble Company Profile

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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