Procter & Gamble Co. (NYSE:PG) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $88.95 and last traded at $88.70, with a volume of 14,168,252 shares traded. The stock had previously closed at $88.05.

A number of analysts have weighed in on PG shares. Atlantic Securities started coverage on Procter & Gamble Co. in a research report on Wednesday, June 1st. They set a “neutral” rating and a $84.00 price objective for the company. B. Riley reaffirmed a “neutral” rating and set a $74.00 price objective on shares of Procter & Gamble Co. in a research report on Wednesday, August 3rd. Vetr raised Procter & Gamble Co. from a “sell” rating to a “strong-buy” rating and set a $91.97 price objective for the company in a research report on Wednesday, June 1st. Zacks Investment Research cut Procter & Gamble Co. from a “hold” rating to a “sell” rating in a research report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. set a $99.00 price objective on Procter & Gamble Co. and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Ten research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Procter & Gamble Co. currently has a consensus rating of “Buy” and a consensus target price of $89.58.

The firm has a market capitalization of $236.40 billion, a price-to-earnings ratio of 23.98 and a beta of 0.51. The company’s 50 day moving average price is $87.27 and its 200 day moving average price is $83.97.

Procter & Gamble Co. (NYSE:PG) last announced its earnings results on Tuesday, August 2nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.05. Procter & Gamble Co. had a net margin of 16.09% and a return on equity of 17.48%. The company had revenue of $16.10 billion for the quarter, compared to the consensus estimate of $15.83 billion. During the same period in the previous year, the business earned $1.00 EPS. The company’s revenue was down 2.7% on a year-over-year basis. On average, analysts expect that Procter & Gamble Co. will post $0.02 EPS for the current year.

In other news, CFO Jon R. Moeller sold 272,591 shares of the company’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $85.94, for a total value of $23,426,470.54. Following the transaction, the chief financial officer now directly owns 164,269 shares of the company’s stock, valued at $14,117,277.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Juan Fernando Posada sold 10,000 shares of the company’s stock in a transaction on Monday, September 19th. The stock was sold at an average price of $88.58, for a total transaction of $885,800.00. Following the completion of the transaction, the insider now directly owns 26,452 shares in the company, valued at $2,343,118.16. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the company. Americafirst Capital Management LLC acquired a new position in Procter & Gamble Co. during the second quarter valued at approximately $112,000. Signature Estate & Investment Advisors LLC acquired a new position in Procter & Gamble Co. during the second quarter valued at approximately $122,000. Global X Management Co. LLC increased its position in Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock valued at $128,000 after buying an additional 1,095 shares during the last quarter. Lenox Wealth Advisors Inc. increased its position in Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock valued at $156,000 after buying an additional 10 shares during the last quarter. Finally, Cypress Capital Management LLC WY acquired a new position in Procter & Gamble Co. during the second quarter valued at approximately $157,000. 58.75% of the stock is currently owned by institutional investors and hedge funds.

About Procter & Gamble Co.

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.

5 Day Chart for NYSE:PG

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