Traders purchased shares of Procter & Gamble Co. (NYSE:PG) on weakness during trading hours on Wednesday. $113.71 million flowed into the stock on the tick-up and $69.35 million flowed out of the stock on the tick-down, for a money net flow of $44.36 million into the stock. Of all stocks tracked, Procter & Gamble Co. had the 2nd highest net in-flow for the day. Procter & Gamble Co. traded down ($0.18) for the day and closed at $85.32

Several equities analysts have recently commented on PG shares. Vetr downgraded Procter & Gamble Co. from a “sell” rating to a “strong sell” rating and set a $68.89 price objective on the stock. in a research report on Monday, May 2nd. S&P Equity Research restated a “hold” rating and issued a $85.00 price objective on shares of Procter & Gamble Co. in a research report on Wednesday, April 27th. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $88.00 price objective (up from $81.00) on shares of Procter & Gamble Co. in a research report on Friday, July 15th. SunTrust Banks Inc. restated a “buy” rating on shares of Procter & Gamble Co. in a research report on Sunday, May 22nd. Finally, Jefferies Group started coverage on Procter & Gamble Co. in a research report on Wednesday, June 15th. They issued a “buy” rating and a $95.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $84.63.

The stock has a market capitalization of $227.11 billion and a PE ratio of 26.89. The stock’s 50 day moving average price is $83.92 and its 200 day moving average price is $81.74.

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

The company also recently declared a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 22nd will be issued a dividend of $0.6695 per share. The ex-dividend date of this dividend is Wednesday, July 20th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.14%.

In related news, Chairman Alan G. Lafley sold 171,850 shares of Procter & Gamble Co. stock in a transaction that occurred on Monday, May 2nd. The shares were sold at an average price of $80.51, for a total value of $13,835,643.50. Following the completion of the sale, the chairman now owns 568,153 shares in the company, valued at approximately $45,741,998.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suranjan Magesvaran sold 4,336 shares of Procter & Gamble Co. stock in a transaction that occurred on Thursday, May 5th. The shares were sold at an average price of $82.00, for a total transaction of $355,552.00. Following the completion of the sale, the insider now owns 11,560 shares of the company’s stock, valued at approximately $947,920. The disclosure for this sale can be found here.

A number of institutional investors have modified their holdings of PG. Agran Libbie boosted its position in shares of Procter & Gamble Co. by 9,765.5% in the fourth quarter. Agran Libbie now owns 8,718,542 shares of the company’s stock valued at $6,923,000 after buying an additional 8,630,168 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Procter & Gamble Co. by 0.3% in the fourth quarter. California Public Employees Retirement System now owns 7,336,955 shares of the company’s stock valued at $582,628,000 after buying an additional 20,199 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Procter & Gamble Co. by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,309,663 shares of the company’s stock valued at $501,080,000 after buying an additional 135,322 shares in the last quarter. Swiss National Bank boosted its position in shares of Procter & Gamble Co. by 1.2% in the fourth quarter. Swiss National Bank now owns 5,856,566 shares of the company’s stock valued at $465,070,000 after buying an additional 67,200 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of Procter & Gamble Co. by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 5,187,498 shares of the company’s stock valued at $411,939,000 after buying an additional 82,046 shares in 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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