Procter & Gamble Co. (NYSE:PG)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $87.75 and last traded at $87.75, with a volume of 3,337,396 shares traded. The stock had previously closed at $87.31.

PG has been the topic of a number of analyst reports. Vetr cut shares of Procter & Gamble Co. from a “sell” rating to a “strong sell” rating and set a $68.89 price target on the stock. in a research note on Monday, May 2nd. S&P Equity Research reiterated a “hold” rating and issued a $85.00 price target on shares of Procter & Gamble Co. in a research note on Wednesday, April 27th. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a $88.00 price target (up previously from $81.00) on shares of Procter & Gamble Co. in a research note on Friday, July 15th. SunTrust Banks Inc. reiterated a “buy” rating on shares of Procter & Gamble Co. in a research note on Sunday, May 22nd. Finally, Jefferies Group initiated coverage on shares of Procter & Gamble Co. in a research note on Wednesday, June 15th. They issued a “buy” rating and a $95.00 price target on the stock. Ten analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $88.12.

The firm has a market capitalization of $234.10 billion and a PE ratio of 23.7462. The company’s 50 day moving average is $86.08 and its 200-day moving average is $83.18.

Procter & Gamble Co. (NYSE:PG) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.74 by $0.05. The firm had revenue of $16.10 billion for the quarter, compared to analysts’ expectations of $15.83 billion. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.00 EPS. On average, equities research analysts expect that Procter & Gamble Co. will post $3.88 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Friday, July 22nd were given a dividend of $0.6695 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date was Wednesday, July 20th.

In other Procter & Gamble Co. news, insider Gary A. Coombe sold 1,529 shares of the firm’s stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $82.36, for a total value of $125,928.44. Following the completion of the sale, the insider now owns 4,911 shares of the company’s stock, valued at $404,469.96. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Valarie L. Sheppard sold 32,532 shares of the firm’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $86.90, for a total value of $2,827,030.80. Following the completion of the sale, the senior vice president now directly owns 28,397 shares of the company’s stock, valued at approximately $2,467,699.30. The disclosure for this sale can be found here.

A number of large investors have modified their holdings of the company. California Public Employees Retirement System increased its stake 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 increased its stake 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. 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 valued at $473,785,000 after buying an additional 862,057 shares in the last quarter. I.G. Investment Management LTD. increased its stake in shares of Procter & Gamble Co. by 7.6% in the fourth quarter. I.G. Investment Management LTD. now owns 4,016,703 shares of the company’s stock valued at $318,966,000 after buying an additional 282,833 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its stake in shares of Procter & Gamble Co. by 2.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 842,660 shares of the company’s stock valued at $66,916,000 after buying an additional 22,809 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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