Woodstock Corp reduced its stake in shares of Procter & Gamble Co. (NYSE:PG) by 1.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,463 shares of the company’s stock after selling 1,290 shares during the period. Procter & Gamble Co. accounts for approximately 2.1% of Woodstock Corp’s portfolio, making the stock its 10th largest position. Woodstock Corp’s holdings in Procter & Gamble Co. were worth $10,273,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PG. Americafirst Capital Management LLC bought a new position in Procter & Gamble Co. during the second quarter valued at approximately $112,000. Signature Estate & Investment Advisors LLC bought a new position in Procter & Gamble Co. during the second quarter valued at approximately $122,000. Global X Management Co. LLC boosted 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. boosted 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 bought a new position in Procter & Gamble Co. during the second quarter valued at approximately $157,000. Hedge funds and other institutional investors own 67.27% of the company’s stock.

Institutional Ownership by Quarter for Procter & Gamble Co. (NYSE:PG)

Shares of Procter & Gamble Co. (NYSE:PG) traded down 0.33% during trading on Wednesday, reaching $82.62. 4,140,117 shares of the company were exchanged. The company has a 50 day moving average price of $85.51 and a 200-day moving average price of $85.44. Procter & Gamble Co. has a one year low of $74.46 and a one year high of $90.33. The stock has a market capitalization of $221.09 billion, a price-to-earnings ratio of 22.04 and a beta of 0.62.

Procter & Gamble Co. (NYSE:PG) last released its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.98 by $0.05. The company earned $16.50 billion during the quarter, compared to the consensus estimate of $16.49 billion. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 EPS. Equities analysts predict that Procter & Gamble Co. will post $3.89 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 15th. Stockholders of record on Friday, October 21st were issued a $0.6695 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.23%. The ex-dividend date was Wednesday, October 19th. Procter & Gamble Co.’s payout ratio is presently 71.66%.

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PG has been the topic of several research analyst reports. Vetr raised shares of Procter & Gamble Co. from a “hold” rating to a “buy” rating and set a $93.00 target price on the stock in a research note on Wednesday, October 12th. Jefferies Group set a $93.00 price objective on shares of Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Monday, November 21st. Zacks Investment Research raised shares of Procter & Gamble Co. from a “sell” rating to a “hold” rating and set a $98.00 price objective on the stock in a research note on Friday, October 14th. Johnson Rice raised shares of Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a research note on Friday, August 26th. Finally, Wells Fargo & Co. reaffirmed a “market perform” rating on shares of Procter & Gamble Co. in a research note on Tuesday, November 15th. Eleven analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $91.55.

In other Procter & Gamble Co. news, insider Juan Fernando Posada sold 10,000 shares of the firm’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 sale, the insider now owns 26,452 shares of the company’s stock, valued at approximately $2,343,118.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ciserani Giovanni sold 20,000 shares of the firm’s stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $88.00, for a total value of $1,760,000.00. Following the sale, the insider now directly owns 65,053 shares of the company’s stock, valued at approximately $5,724,664. The disclosure for this sale can be found here. 0.35% of the stock is owned by insiders.

Procter & Gamble Co. Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

5 Day Chart for NYSE:PG

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