Procter & Gamble Co. (NYSE:PG) saw unusually-strong trading volume on Friday . Approximately 8,017,978 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 7,333,069 shares.The stock last traded at $87.62 and had previously closed at $87.90.

A number of equities research analysts have recently commented on PG shares. B. Riley reaffirmed a “neutral” rating and issued a $74.00 target price on shares of Procter & Gamble Co. in a report on Monday, May 2nd. Vetr cut shares of Procter & Gamble Co. from a “sell” rating to a “strong sell” rating and set a $68.89 target price for the company. in a report on Monday, May 2nd. SunTrust Banks Inc. reaffirmed a “buy” rating on shares of Procter & Gamble Co. in a report on Sunday, May 22nd. Atlantic Securities started coverage on shares of Procter & Gamble Co. in a report on Wednesday, June 1st. They issued a “neutral” rating and a $84.00 target price for the company. Finally, Jefferies Group started coverage on shares of Procter & Gamble Co. in a report on Wednesday, June 15th. They issued a “buy” rating and a $95.00 target price for the company. Ten equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $88.12.

The stock has a 50 day moving average price of $86.16 and a 200 day moving average price of $83.22. The stock has a market cap of $233.73 billion and a PE ratio of 23.71.

Procter & Gamble Co. (NYSE:PG) last posted its earnings results on Tuesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. During the same period in the previous year, the firm earned $1.00 earnings per share. The firm had revenue of $16.10 billion for the quarter, compared to analyst estimates of $15.83 billion. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. Equities research analysts forecast that Procter & Gamble Co. will post $3.88 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 15th. Shareholders of record on Friday, July 22nd were paid a dividend of $0.6695 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Wednesday, July 20th.

In other Procter & Gamble Co. news, insider Jeffrey K. Schomburger sold 2,603 shares of the business’s stock in a transaction dated Wednesday, August 24th. The shares were sold at an average price of $87.16, for a total transaction of $226,877.48. Following the sale, the insider now directly owns 33,188 shares in the company, valued at approximately $2,892,666.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Patrice Louvet sold 3,220 shares of the business’s stock in a transaction dated Friday, August 26th. The stock was sold at an average price of $87.60, for a total transaction of $282,072.00. Following the sale, the insider now owns 52,838 shares in the company, valued at $4,628,608.80. The disclosure for this sale can be found here.

Other hedge funds have added to or reduced their stakes in the company. Holderness Investments Co. increased its stake in Procter & Gamble Co. by 1.7% in the fourth quarter. Holderness Investments Co. now owns 12,723 shares of the company’s stock worth $1,010,000 after buying an additional 214 shares during the last quarter. Wellington Shields & Co. LLC increased its stake in Procter & Gamble Co. by 9.5% in the fourth quarter. Wellington Shields & Co. LLC now owns 14,863 shares of the company’s stock worth $1,180,000 after buying an additional 1,288 shares during the last quarter. Westbourne Investment Advisors Inc. increased its stake in Procter & Gamble Co. by 49.7% in the fourth quarter. Westbourne Investment Advisors Inc. now owns 15,390 shares of the company’s stock worth $1,222,000 after buying an additional 5,110 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its stake in Procter & Gamble Co. by 0.8% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 15,859 shares of the company’s stock worth $1,259,000 after buying an additional 120 shares during the last quarter. Finally, Autus Asset Management LLC increased its stake in Procter & Gamble Co. by 3.0% in the fourth quarter. Autus Asset Management LLC now owns 16,466 shares of the company’s stock worth $1,308,000 after buying an additional 486 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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