Traders purchased shares of Procter & Gamble Co. (NYSE:PG) on weakness during trading on Wednesday. $138.01 million flowed into the stock on the tick-up and $105.21 million flowed out of the stock on the tick-down, for a money net flow of $32.80 million into the stock. Of all companies tracked, Procter & Gamble Co. had the 24th highest net in-flow for the day. Procter & Gamble Co. traded down ($0.79) for the day and closed at $85.97

Several brokerages have recently issued reports on PG. B. Riley reiterated a “neutral” rating and issued a $74.00 price objective on shares of Procter & Gamble Co. in a research note on Wednesday. Stifel Nicolaus set a $93.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. set a $99.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a research note on Wednesday. Vetr cut Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $89.50 price objective on the stock. in a research note on Monday. Finally, Deutsche Bank AG increased their target price on Procter & Gamble Co. from $92.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $85.77.

The stock’s 50 day moving average price is $84.77 and its 200-day moving average price is $82.38. The company has a market capitalization of $228.84 billion and a P/E ratio of 27.09.

Procter & Gamble Co. (NYSE:PG) last released its earnings results on Tuesday, August 2nd. The company reported $0.79 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.05. The company earned $16.10 billion during the quarter, compared to the consensus estimate of $15.83 billion. During the same period in the previous year, the firm posted $1.00 EPS. Procter & Gamble Co.’s revenue for the quarter was down 2.7% on a year-over-year basis. Analysts anticipate that Procter & Gamble Co. will post $3.95 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 22nd will be given a $0.6695 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Wednesday, July 20th.

In related news, insider Carolyn M. Tastad sold 1,881 shares of the business’s stock in a transaction dated Friday, May 27th. The shares were sold at an average price of $81.40, for a total transaction of $153,113.40. Following the completion of the sale, the insider now owns 62,294 shares of the company’s stock, valued at approximately $5,070,731.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Gary A. Coombe sold 1,529 shares of the business’s stock in a transaction dated Friday, June 3rd. The shares were sold at an average price of $82.36, for a total transaction of $125,928.44. Following the sale, the insider now directly owns 4,911 shares of the company’s stock, valued at approximately $404,469.96. The disclosure for this sale can be found here.

Several large investors have made changes to their positions in PG. American International Group Inc. increased its stake in shares of Procter & Gamble Co. by 16.9% in the fourth quarter. American International Group Inc. now owns 5,966,310 shares of the company’s stock worth $473,785,000 after buying an additional 862,057 shares in the last quarter. Montag A & Associates Inc. increased its stake in shares of Procter & Gamble Co. by 19.9% in the fourth quarter. Montag A & Associates Inc. now owns 67,452 shares of the company’s stock worth $5,356,000 after buying an additional 11,217 shares in the last quarter. Marco Investment Management LLC increased its stake in shares of Procter & Gamble Co. by 2.2% in the fourth quarter. Marco Investment Management LLC now owns 80,545 shares of the company’s stock worth $6,396,000 after buying an additional 1,725 shares in the last quarter. Flippin Bruce & Porter Inc. increased its stake in shares of Procter & Gamble Co. by 3.2% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 75,896 shares of the company’s stock worth $6,027,000 after buying an additional 2,375 shares in the last quarter. Finally, Stack Financial Management Inc increased its stake in shares of Procter & Gamble Co. by 0.8% in the fourth quarter. Stack Financial Management Inc now owns 99,275 shares of the company’s stock worth $7,883,000 after buying an additional 830 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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