Columbus Circle Investors decreased its stake in shares of Procter & Gamble Co. (NYSE:PG) by 30.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,126,308 shares of the company’s stock after selling 499,037 shares during the period. Procter & Gamble Co. makes up about 1.0% of Columbus Circle Investors’ investment portfolio, making the stock its 28th largest position. Columbus Circle Investors’ holdings in Procter & Gamble Co. were worth $95,364,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PG. Stock Yards Bank & Trust Co. raised its stake in Procter & Gamble Co. by 3.5% in the first quarter. Stock Yards Bank & Trust Co. now owns 194,465 shares of the company’s stock worth $16,007,000 after buying an additional 6,614 shares in the last quarter. First American Bank raised its stake in Procter & Gamble Co. by 5.7% in the first quarter. First American Bank now owns 94,234 shares of the company’s stock worth $7,757,000 after buying an additional 5,113 shares in the last quarter. New England Research & Management Inc. raised its stake in Procter & Gamble Co. by 3.5% in the first quarter. New England Research & Management Inc. now owns 15,644 shares of the company’s stock worth $1,288,000 after buying an additional 530 shares in the last quarter. Trust Co. of Virginia VA raised its stake in Procter & Gamble Co. by 5.2% in the first quarter. Trust Co. of Virginia VA now owns 118,894 shares of the company’s stock worth $9,786,000 after buying an additional 5,906 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its stake in Procter & Gamble Co. by 16.4% in the first quarter. Toth Financial Advisory Corp now owns 67,051 shares of the company’s stock worth $5,519,000 after buying an additional 9,448 shares in the last quarter. Institutional investors and hedge funds own 58.73% of the company’s stock.

Shares of Procter & Gamble Co. (NYSE:PG) traded up 1.36% during midday trading on Thursday, reaching $88.99. 52,692,368 shares of the company traded hands. The company has a 50 day moving average price of $87.30 and a 200 day moving average price of $84.00. Procter & Gamble Co. has a 1-year low of $69.74 and a 1-year high of $89.30. The company has a market capitalization of $237.49 billion, a PE ratio of 24.09 and a beta of 0.51.

Procter & Gamble Co. (NYSE:PG) last posted 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. Procter & Gamble Co. had a net margin of 16.09% and a return on equity of 17.48%. The business earned $16.10 billion during the quarter, compared to analyst estimates of $15.83 billion. During the same quarter in the previous year, the business posted $1.00 EPS. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, analysts expect that Procter & Gamble Co. will post $0.02 earnings per share for the current year.

A number of analysts have recently weighed in on PG shares. Atlantic Securities started coverage on shares of Procter & Gamble Co. in a report on Wednesday, June 1st. They set a “neutral” rating and a $84.00 target price for the company. Vetr upgraded shares of Procter & Gamble Co. from a “sell” rating to a “strong-buy” rating and set a $91.97 target price for the company in a report on Wednesday, June 1st. Jefferies Group started coverage on shares of Procter & Gamble Co. in a report on Wednesday, June 15th. They set a “buy” rating and a $95.00 target price for the company. Zacks Investment Research lowered shares of Procter & Gamble Co. from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $88.00 target price (up from $81.00) on shares of Procter & Gamble Co. in a report on Friday, July 15th. Ten analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $89.58.

In other news, SVP Valarie L. Sheppard sold 32,532 shares of the business’s stock in a transaction dated Thursday, August 11th. The shares were 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 owns 28,397 shares in the company, valued at approximately $2,467,699.30. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David S. Taylor sold 72,525 shares of the business’s stock in a transaction dated Friday, August 5th. The shares were sold at an average price of $85.76, for a total transaction of $6,219,744.00. Following the completion of the sale, the chief executive officer now owns 136,933 shares of the company’s stock, valued at approximately $11,743,374.08. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by insiders.

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

Receive News & Ratings for Procter & Gamble Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Co. and related companies with MarketBeat.com's FREE daily email newsletter.