Shares of Procter & Gamble Co. (NYSE:PG) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $85.95 and last traded at $85.91, with a volume of 3,026,164 shares. The stock had previously closed at $85.77.

A number of analysts recently issued reports on the stock. B. Riley reissued a “neutral” rating and set a $74.00 target price on shares of Procter & Gamble Co. in a research report on Wednesday, April 27th. Morgan Stanley reissued a “hold” rating on shares of Procter & Gamble Co. in a research report on Wednesday, April 27th. Vetr raised shares of Procter & Gamble Co. from a “sell” rating to a “strong-buy” rating and set a $91.97 target price for the company in a research report on Wednesday, June 1st. Raymond James Financial Inc. reissued a “market perform” rating on shares of Procter & Gamble Co. in a research report on Wednesday, April 27th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $76.00 target price on shares of Procter & Gamble Co. in a research report on Tuesday, April 5th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. Procter & Gamble Co. presently has a consensus rating of “Hold” and an average price target of $84.46.

The firm has a market cap of $228.52 billion and a P/E ratio of 27.06. The company’s 50-day moving average price is $82.84 and its 200 day moving average price is $81.41.

Procter & Gamble Co. (NYSE:PG) last issued its quarterly earnings results on Tuesday, April 26th. The company reported $0.86 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.04. The business earned $15.80 billion during the quarter, compared to the consensus estimate of $15.81 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. The business’s quarterly revenue was down 6.9% on a year-over-year basis. On average, equities research analysts predict that Procter & Gamble Co. will post $3.64 EPS for the current fiscal year.

In other news, insider Patrice Louvet sold 8,385 shares of Procter & Gamble Co. stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of $79.60, for a total transaction of $667,446.00. Following the sale, the insider now owns 52,838 shares of the company’s stock, valued at approximately $4,205,904.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Alan G. Lafley sold 171,850 shares of Procter & Gamble Co. stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $80.51, for a total value of $13,835,643.50. Following the sale, the chairman now directly owns 568,153 shares in the company, valued at approximately $45,741,998.03. The disclosure for this sale can be found here.

Several hedge funds have recently made changes to their positions in the company. Holderness Investments Co. raised its stake in shares of Procter & Gamble Co. by 1.7% in the fourth quarter. Holderness Investments Co. now owns 12,723 shares of the company’s stock valued at $1,010,000 after buying an additional 214 shares during the last quarter. Moody Lynn & Lieberson LLC raised its stake in shares of Procter & Gamble Co. by 0.5% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 12,975 shares of the company’s stock valued at $1,030,000 after buying an additional 60 shares during the last quarter. GM Advisory Group Inc. purchased a new stake in shares of Procter & Gamble Co. during the fourth quarter valued at $1,042,000. Insight 2811 Inc. raised its stake in shares of Procter & Gamble Co. by 112.1% in the fourth quarter. Insight 2811 Inc. now owns 13,255 shares of the company’s stock valued at $1,053,000 after buying an additional 7,005 shares during the last quarter. Finally, Brighton Jones LLC raised its stake in shares of Procter & Gamble Co. by 2.0% in the fourth quarter. Brighton Jones LLC now owns 14,519 shares of the company’s stock valued at $1,153,000 after buying an additional 291 shares during the last quarter.

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.

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