DF Dent & Co. Inc. lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.1% during the first quarter, Holdings Channel reports. The fund owned 202,671 shares of the company’s stock after selling 8,629 shares during the period. DF Dent & Co. Inc.’s holdings in Procter & Gamble Company (The) were worth $18,210,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the stock. Asset Planning Services Ltd. raised 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 period. Riggs Asset Managment Co. Inc. raised 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 period. Edge Wealth Management LLC raised 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 period. Feltz Wealth PLAN Inc. purchased a new stake in shares of Procter & Gamble Company (The) during the first quarter worth $184,000. Finally, Intellectus Partners LLC purchased a new stake in shares of Procter & Gamble Company (The) during the fourth quarter worth $215,000. Institutional investors own 59.69% of the company’s stock.

Shares of Procter & Gamble Company (NYSE PG) traded down 0.125% during mid-day trading on Thursday, hitting $91.805. The stock had a trading volume of 1,240,199 shares. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $92.00. The firm has a market cap of $234.10 billion, a PE ratio of 16.414 and a beta of 0.68. The firm has a 50 day moving average price of $88.92 and a 200 day moving average price of $88.88. Procter & Gamble Company (The) also saw some unusual options trading activity on Monday. Traders acquired 35,861 call options on the company. This is an increase of 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 analysts’ consensus estimates of $0.78 by $0.07. The company had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 EPS. Equities analysts predict that Procter & Gamble Company will post $4.17 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be given a $0.6896 dividend. The ex-dividend date of this dividend is Wednesday, July 19th. This represents a $2.76 dividend on an annualized basis and a yield of 3.00%. Procter & Gamble Company (The)’s payout ratio is currently 49.37%.

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

In other Procter & Gamble Company (The) news, insider Patrice Louvet sold 29,621 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 76,651 shares of the company’s stock, valued at approximately $6,592,752.51. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Ioannis Skoufalos sold 3,879 shares of the company’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $86.17, for a total transaction of $334,253.43. The disclosure for this sale can be found here. Over the last three months, insiders sold 203,898 shares of company stock valued at $17,666,387. 0.35% of the stock is currently owned by corporate insiders.

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.

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

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