Stone Run Capital LLC continued to hold its position in shares of Procter & Gamble Company (The) (NYSE:PG) during the first quarter, Holdings Channel reports. The firm owned 10,160 shares of the company’s stock at the end of the first quarter. Stone Run Capital LLC’s holdings in Procter & Gamble Company (The) were worth $913,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Asset Planning Services Ltd. boosted its stake in shares of Procter & Gamble Company (The) by 79.7% in the first quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock worth $107,000 after buying an additional 526 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in shares of Procter & Gamble Company (The) by 11.9% in the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after buying an additional 170 shares during the last quarter. Edge Wealth Management LLC boosted its stake in shares of Procter & Gamble Company (The) by 17.1% in the first quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock worth $148,000 after buying an additional 240 shares during the last quarter. Feltz Wealth PLAN Inc. acquired a new stake in shares of Procter & Gamble Company (The) during the first quarter worth approximately $184,000. Finally, Intellectus Partners LLC acquired a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth approximately $215,000. Institutional investors and hedge funds own 59.69% of the company’s stock.

Shares of Procter & Gamble Company (NYSE:PG) traded down 0.125% on Thursday, hitting $91.805. 1,237,674 shares of the stock traded hands. The company’s 50 day moving average is $88.92 and its 200 day moving average is $88.88. Procter & Gamble Company has a one year low of $81.18 and a one year high of $92.00. The stock has a market cap of $234.10 billion, a price-to-earnings ratio of 16.414 and a beta of 0.68. Procter & Gamble Company (The) also saw some unusual options trading on Monday. Stock traders acquired 35,861 call options on the stock. This is an increase of approximately 509% compared to the typical daily volume of 5,886 call options.

Procter & Gamble Company (The) (NYSE:PG) last released its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The company had revenue of $16.08 billion for the quarter, compared to analysts’ expectations of $16.01 billion. During the same quarter in the previous year, the business posted $0.79 EPS. 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 $4.17 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be paid a dividend of $0.6896 per share. The ex-dividend date is Wednesday, July 19th. This represents a $2.76 annualized dividend and a yield of 3.00%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

WARNING: This article was first posted by Daily Political and is owned by of Daily Political. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.dailypolitical.com/2017/08/10/procter-gamble-company-the-nysepg-stake-maintained-by-stone-run-capital-llc.html.

PG has been the topic of a number of research reports. Jefferies Group LLC reissued a “buy” rating and issued a $103.00 price objective (up from $101.00) on shares of Procter & Gamble Company (The) in a research note on Tuesday, April 18th. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price objective on the stock in a research note on Wednesday, April 26th. UBS AG reissued a “buy” rating and issued a $102.00 price objective (down from $104.00) on shares of Procter & Gamble Company (The) in a research note on Friday, April 28th. Zacks Investment Research raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective on the stock in a research note on Tuesday, August 1st. Finally, Capital One Financial Corporation cut shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $5.00 to $2.00 in a research note on Thursday, June 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $88.21.

In other Procter & Gamble Company (The) news, insider Suranjan Magesvaran sold 10,512 shares of Procter & Gamble Company (The) stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $91.00, for a total transaction of $956,592.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Ioannis Skoufalos sold 3,879 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $86.17, for a total value of $334,253.43. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 203,898 shares of company stock worth $17,666,387. Company insiders own 0.35% of the company’s stock.

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG).

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

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