Tarbox Family Office Inc. held its stake in Procter & Gamble Company (The) (NYSE:PG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,651 shares of the company’s stock at the end of the second quarter. Procter & Gamble Company (The) accounts for 0.3% of Tarbox Family Office Inc.’s investment portfolio, making the stock its 27th largest position. Tarbox Family Office Inc.’s holdings in Procter & Gamble Company (The) were worth $580,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in PG. Integrated Investment Consultants LLC raised its stake in Procter & Gamble Company (The) by 1.1% in the first quarter. Integrated Investment Consultants LLC now owns 14,017 shares of the company’s stock valued at $1,259,000 after buying an additional 150 shares during the period. Envestnet Asset Management Inc. raised its stake in Procter & Gamble Company (The) by 2.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 417,703 shares of the company’s stock valued at $35,128,000 after buying an additional 9,273 shares during the period. Lincluden Management Ltd. raised its stake in Procter & Gamble Company (The) by 8.0% in the fourth quarter. Lincluden Management Ltd. now owns 119,056 shares of the company’s stock valued at $10,010,000 after buying an additional 8,822 shares during the period. Cigna Investments Inc. New acquired a new stake in Procter & Gamble Company (The) during the fourth quarter valued at $8,507,000. Finally, Hefty Wealth Partners raised its stake in Procter & Gamble Company (The) by 1,730.0% in the first quarter. Hefty Wealth Partners now owns 11,730 shares of the company’s stock valued at $1,053,000 after buying an additional 11,089 shares during the period. 59.69% of the stock is currently owned by institutional investors and hedge funds.

Shares of Procter & Gamble Company (NYSE:PG) traded up 0.40% on Tuesday, hitting $91.81. The company had a trading volume of 1,829,528 shares. The firm’s 50 day moving average price is $88.56 and its 200-day moving average price is $88.68. The stock has a market capitalization of $234.42 billion, a PE ratio of 16.41 and a beta of 0.68. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $92.00. Procter & Gamble Company (The) also saw some unusual options trading on Monday. Traders acquired 35,861 call options on the company. This is an increase of approximately 509% compared to the typical volume of 5,886 call options.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.52% and a net margin of 23.56%. The company had revenue of $16.08 billion during the quarter, compared to analyst estimates of $16.01 billion. During the same quarter last year, the company earned $0.79 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Analysts forecast that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Investors of record on Friday, July 21st will be given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

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PG has been the topic of several research analyst reports. Zacks Investment Research raised Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Royal Bank Of Canada reissued a “hold” rating and set a $80.00 price target on shares of Procter & Gamble Company (The) in a research note on Monday, April 24th. Vetr raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target on the stock in a research note on Wednesday, April 26th. Jefferies Group LLC reissued a “buy” rating and set a $103.00 price target on shares of Procter & Gamble Company (The) in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reissued a “hold” rating and set a $92.00 price target (up from $90.00) on shares of Procter & Gamble Company (The) in a research note on Saturday, July 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. Procter & Gamble Company (The) has a consensus rating of “Hold” and an average price target of $88.21.

In related news, insider Ioannis Skoufalos sold 3,879 shares of the firm’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $86.17, for a total transaction of $334,253.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Patrice Louvet sold 29,621 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $86.01, for a total value of $2,547,702.21. Following the transaction, the insider now directly owns 76,651 shares of the company’s stock, valued at approximately $6,592,752.51. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 203,898 shares of company stock valued at $17,666,387. 0.35% of the stock is owned by corporate insiders.

About Procter & Gamble Company (The)

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.

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

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