First National Bank of Mount Dora Trust Investment Services boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 23.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,080 shares of the company’s stock after purchasing an additional 8,493 shares during the quarter. Procter & Gamble Company (The) accounts for approximately 2.0% of First National Bank of Mount Dora Trust Investment Services’ holdings, making the stock its 22nd biggest position. First National Bank of Mount Dora Trust Investment Services’ holdings in Procter & Gamble Company (The) were worth $3,842,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its stake in Procter & Gamble Company (The) by 1.8% during the 1st quarter. Fisher Asset Management LLC now owns 8,265,762 shares of the company’s stock valued at $742,679,000 after purchasing an additional 145,481 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Procter & Gamble Company (The) by 0.9% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,803,068 shares of the company’s stock valued at $701,106,000 after buying an additional 69,511 shares during the period. Clearbridge Investments LLC increased its holdings in Procter & Gamble Company (The) by 0.9% in the 1st quarter. Clearbridge Investments LLC now owns 4,216,380 shares of the company’s stock valued at $378,842,000 after buying an additional 36,104 shares during the period. Great West Life Assurance Co. Can increased its holdings in Procter & Gamble Company (The) by 0.5% in the 1st quarter. Great West Life Assurance Co. Can now owns 3,000,977 shares of the company’s stock valued at $269,426,000 after buying an additional 14,041 shares during the period. Finally, State of Wisconsin Investment Board increased its holdings in Procter & Gamble Company (The) by 10.4% in the 1st quarter. State of Wisconsin Investment Board now owns 2,727,498 shares of the company’s stock valued at $245,066,000 after buying an additional 256,384 shares during the period. Hedge funds and other institutional investors own 59.33% of the company’s stock.

In other Procter & Gamble Company (The) news, Vice Chairman Jon R. Moeller sold 6,063 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $558,038.52. Following the transaction, the insider now directly owns 120,734 shares of the company’s stock, valued at $11,112,357.36. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Suranjan Magesvaran sold 10,512 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $91.00, for a total value of $956,592.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,792 shares of company stock worth $4,216,070. Insiders own 0.35% of the company’s stock.

Several equities research analysts have issued reports on the stock. Vetr raised shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 price target on the stock in a report on Friday. Macquarie assumed coverage on shares of Procter & Gamble Company (The) in a report on Thursday. They issued an “outperform” rating and a $102.00 price target on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $103.00 price target on shares of Procter & Gamble Company (The) in a report on Thursday, September 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $80.00 price target on shares of Procter & Gamble Company (The) in a report on Wednesday, September 6th. Finally, BidaskClub raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $89.39.

Procter & Gamble Company (NYSE:PG) traded down 0.30% during mid-day trading on Friday, reaching $93.27. The company had a trading volume of 12,428,828 shares. The firm’s 50-day moving average is $92.20 and its 200-day moving average is $89.60. Procter & Gamble Company has a one year low of $81.18 and a one year high of $94.19. The firm has a market capitalization of $237.84 billion, a P/E ratio of 16.68 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping the Zacks’ 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 analyst estimates of $16.01 billion. During the same period in the previous year, the firm earned $0.79 earnings per share. The firm’s quarterly revenue was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

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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.

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

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