Shares of Procter & Gamble Co. (NYSE:PG) saw strong trading volume on Friday . 8,017,978 shares were traded during 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.

Several equities research analysts recently commented on the company. B. Riley restated a “neutral” rating and set a $74.00 target price on shares of Procter & Gamble Co. in a research report on Wednesday, August 3rd. Atlantic Securities assumed coverage on Procter & Gamble Co. in a research report on Wednesday, June 1st. They set a “neutral” rating and a $84.00 target price on the stock. SunTrust Banks Inc. restated a “buy” rating on shares of Procter & Gamble Co. in a research report on Sunday, May 22nd. Vetr lowered Procter & Gamble Co. from a “sell” rating to a “strong sell” rating and set a $68.89 target price on the stock. in a research report on Monday, May 2nd. Finally, JPMorgan Chase & Co. set a $99.00 target price on Procter & Gamble Co. and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Ten equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $89.08.

The stock has a market capitalization of $233.73 billion and a price-to-earnings ratio of 23.71. The stock has a 50 day moving average price of $86.24 and a 200-day moving average price of $83.25.

Procter & Gamble Co. (NYSE:PG) last posted its earnings results on Tuesday, August 2nd. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates 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. During the same quarter last year, the company posted $1.00 EPS. The firm’s revenue was down 2.7% on a year-over-year basis. On average, analysts predict that Procter & Gamble Co. will post $3.88 EPS for the current fiscal year.

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

In other news, insider Charles E. Pierce sold 55,127 shares of the business’s stock in a transaction that occurred on Friday, August 5th. The stock was sold at an average price of $86.07, for a total value of $4,744,780.89. Following the sale, the insider now directly owns 60,632 shares of the company’s stock, valued at approximately $5,218,596.24. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey K. Schomburger sold 2,603 shares of the business’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $87.16, for a total value of $226,877.48. Following the completion of the sale, the insider now directly owns 33,188 shares in the company, valued at $2,892,666.08. The disclosure for this sale can be found here.

Several hedge funds recently modified their holdings of the company. Ardevora Asset Management LLP boosted its stake in shares of Procter & Gamble Co. by 185.8% in the fourth quarter. Ardevora Asset Management LLP now owns 183,062 shares of the company’s stock worth $14,537,000 after buying an additional 119,000 shares in the last quarter. Busey Trust CO boosted its stake in shares of Procter & Gamble Co. by 1.4% in the fourth quarter. Busey Trust CO now owns 159,783 shares of the company’s stock worth $12,689,000 after buying an additional 2,158 shares in the last quarter. Geneva Advisors LLC boosted its stake in shares of Procter & Gamble Co. by 0.8% in the fourth quarter. Geneva Advisors LLC now owns 95,099 shares of the company’s stock worth $7,552,000 after buying an additional 754 shares in the last quarter. California Public Employees Retirement System boosted 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 worth $582,628,000 after buying an additional 20,199 shares in the last quarter. Finally, Main Street Research LLC boosted its stake in shares of Procter & Gamble Co. by 1.5% in the fourth quarter. Main Street Research LLC now owns 287,344 shares of the company’s stock worth $22,818,000 after buying an additional 4,366 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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