Procter & Gamble Company (The) (PG) Stake Increased by Rational Advisors LLC

Rational Advisors LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 61.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,893 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Rational Advisors LLC’s holdings in Procter & Gamble Company (The) were worth $252,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its holdings in Procter & Gamble Company (The) by 4.8% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 11,549,179 shares of the company’s stock valued at $1,006,511,000 after acquiring an additional 533,340 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Procter & Gamble Company (The) by 4.5% in the 2nd quarter. Fisher Asset Management LLC now owns 8,635,829 shares of the company’s stock valued at $752,613,000 after acquiring an additional 370,067 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Procter & Gamble Company (The) by 0.9% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,803,068 shares of the company’s stock valued at $701,106,000 after acquiring an additional 69,511 shares during the last quarter. Acadian Asset Management LLC increased its holdings in Procter & Gamble Company (The) by 2.4% in the 2nd quarter. Acadian Asset Management LLC now owns 4,532,526 shares of the company’s stock valued at $395,010,000 after acquiring an additional 106,509 shares during the last quarter. Finally, TD Asset Management Inc. increased its holdings in Procter & Gamble Company (The) by 1.6% in the 2nd quarter. TD Asset Management Inc. now owns 4,448,094 shares of the company’s stock valued at $387,652,000 after acquiring an additional 68,266 shares during the last quarter. Hedge funds and other institutional investors own 59.73% of the company’s stock.

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In other Procter & Gamble Company (The) news, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $92.98, for a total value of $265,550.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,694 shares of company stock valued at $2,987,000. 0.35% of the stock is owned by corporate insiders.

PG has been the topic of a number of research reports. Deutsche Bank AG reiterated a “hold” rating and issued a $92.00 price target (up from $90.00) on shares of Procter & Gamble Company (The) in a report on Saturday, July 22nd. Stifel Nicolaus restated a “hold” rating and issued a $90.00 target price (up from $87.00) on shares of Procter & Gamble Company (The) in a report on Sunday, July 30th. Sanford C. Bernstein restated an “outperform” rating and issued a $100.00 target price (up from $98.00) on shares of Procter & Gamble Company (The) in a report on Sunday, July 30th. BidaskClub upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a report on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $87.81.

Shares of Procter & Gamble Company (NYSE PG) opened at $88.43 on Friday. The stock has a market cap of $226,420.00, a PE ratio of 22.33, a price-to-earnings-growth ratio of 2.86 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $94.67.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. The company had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company earned $1.03 EPS. equities research analysts anticipate that Procter & Gamble Company will post 4.16 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th were given a $0.6896 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $2.76 annualized dividend and a yield of 3.12%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 73.80%.

Procter & Gamble Company (The) Company 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.

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

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