Paragon Capital Management Ltd continued to hold its stake in shares of Procter & Gamble Company (The) (NYSE:PG) during the third quarter, Holdings Channel reports. The institutional investor owned 11,565 shares of the company’s stock at the end of the third quarter. Procter & Gamble Company (The) makes up about 0.6% of Paragon Capital Management Ltd’s investment portfolio, making the stock its 21st largest position. Paragon Capital Management Ltd’s holdings in Procter & Gamble Company (The) were worth $1,038,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. American National Bank increased its stake in shares of Procter & Gamble Company (The) by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock worth $102,000 after buying an additional 788 shares during the period. Americafirst Capital Management LLC acquired a new stake in shares of Procter & Gamble Company (The) during the second quarter worth about $112,000. Signature Estate & Investment Advisors LLC acquired a new stake in shares of Procter & Gamble Company (The) during the second quarter worth about $122,000. Global X Management Co. LLC boosted its stake in Procter & Gamble Company (The) by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock worth $128,000 after buying an additional 1,095 shares during the period. Finally, Rothschild Capital Partners LLC purchased a new stake in Procter & Gamble Company (The) during the second quarter worth approximately $201,000. 67.28% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

Shares of Procter & Gamble Company (NYSE:PG) traded up 0.20% on Friday, reaching $84.01. The company’s stock had a trading volume of 6,762,797 shares. The stock has a 50-day moving average of $84.01 and a 200 day moving average of $85.86. The stock has a market capitalization of $224.81 billion, a PE ratio of 22.41 and a beta of 0.59. Procter & Gamble Company has a 1-year low of $74.46 and a 1-year high of $90.33.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.05. Procter & Gamble Company (The) had a net margin of 16.27% and a return on equity of 17.95%. The business had revenue of $16.50 billion for the quarter, compared to analyst estimates of $16.49 billion. During the same quarter last year, the business earned $0.98 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities analysts forecast that Procter & Gamble Company will post $3.85 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 15th. Investors of record on Friday, January 20th will be paid a dividend of $0.6695 per share. The ex-dividend date of this dividend is Wednesday, January 18th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.19%. Procter & Gamble Company (The)’s dividend payout ratio is presently 71.66%.

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A number of analysts have recently commented on PG shares. Vetr upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.00 target price on the stock in a research report on Wednesday, October 12th. Stifel Nicolaus cut Procter & Gamble Company (The) from a “buy” rating to a “hold” rating and cut their target price for the stock from $88.00 to $86.00 in a research report on Tuesday, December 20th. RBC Capital Markets set a $76.00 target price on Procter & Gamble Company (The) and gave the stock a “hold” rating in a research report on Monday, January 2nd. Jefferies Group set a $93.00 target price on Procter & Gamble Company (The) and gave the stock a “buy” rating in a research report on Monday, November 21st. Finally, Zacks Investment Research upgraded Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $98.00 target price on the stock in a research report on Friday, October 14th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $89.07.

In other Procter & Gamble Company (The) news, insider Price Matthew sold 3,081 shares of Procter & Gamble Company (The) stock in a transaction that occurred on Wednesday, November 2nd. The shares were sold at an average price of $86.90, for a total value of $267,738.90. Following the transaction, the insider now owns 14,962 shares in the company, valued at $1,300,197.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.35% of the company’s stock.

Procter & Gamble Company (The) 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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