Accurate Investment Solutions Inc. lowered its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 36,829 shares of the company’s stock after selling 472 shares during the period. Procter & Gamble Company (The) makes up about 2.6% of Accurate Investment Solutions Inc.’s investment portfolio, making the stock its 25th largest holding. Accurate Investment Solutions Inc.’s holdings in Procter & Gamble Company (The) were worth $3,210,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Asset Planning Services Ltd. increased its holdings 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 valued at $107,000 after buying an additional 526 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings 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 valued at $144,000 after buying an additional 170 shares in the last quarter. Edge Wealth Management LLC increased its holdings 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 valued at $148,000 after buying an additional 240 shares in the last quarter. Feltz Wealth PLAN Inc. bought a new position in shares of Procter & Gamble Company (The) in the first quarter valued at $184,000. Finally, Watermark Asset Management Inc. bought a new position in shares of Procter & Gamble Company (The) in the first quarter valued at $201,000. 59.33% of the stock is currently owned by institutional investors.

In other Procter & Gamble Company (The) news, insider Mark F. Biegger sold 2,660 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $244,826.40. Following the completion of the sale, the insider now owns 23,133 shares of the company’s stock, valued at approximately $2,129,161.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Jon R. Moeller sold 6,063 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total transaction of $558,038.52. Following the completion of the sale, the insider now directly owns 120,734 shares of the company’s stock, valued at approximately $11,112,357.36. The disclosure for this sale can be found here. Insiders have sold a total of 45,792 shares of company stock worth $4,216,070 over the last 90 days. 0.35% of the stock is owned by company insiders.

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PG has been the topic of several research reports. Vetr raised Procter & Gamble Company (The) from a “buy” rating to a “strong-buy” rating and set a $96.50 price target on the stock in a report on Thursday, May 18th. Capital One Financial Corporation downgraded shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $5.00 to $2.00 in a research note on Thursday, June 22nd. Royal Bank Of Canada reissued a “hold” rating and set a $80.00 target price on shares of Procter & Gamble Company (The) in a research note on Friday, June 30th. Zacks Investment Research downgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Finally, BidaskClub downgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. Procter & Gamble Company (The) presently has a consensus rating of “Hold” and a consensus price target of $88.10.

Procter & Gamble Company (NYSE:PG) traded down 0.027% during midday trading on Thursday, reaching $93.525. 1,998,726 shares of the company’s stock were exchanged. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $94.19. The company has a market cap of $238.49 billion, a price-to-earnings ratio of 16.722 and a beta of 0.68. The firm has a 50-day moving average price of $91.88 and a 200 day moving average price of $89.52.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.07. The company had revenue of $16.08 billion for the quarter, compared to analyst estimates of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. Procter & Gamble Company (The)’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 EPS. Analysts anticipate that Procter & Gamble Company will post $4.17 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st were paid a dividend of $0.6896 per share. The ex-dividend date was Wednesday, July 19th. This represents a $2.76 annualized dividend and a dividend yield of 2.95%. Procter & Gamble Company (The)’s dividend payout ratio is presently 49.37%.

Procter & Gamble Company (The) 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.

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

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