First American Bank lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 128,614 shares of the company’s stock after buying an additional 347 shares during the period. Procter & Gamble Company (The) comprises about 0.9% of First American Bank’s holdings, making the stock its 24th largest position. First American Bank’s holdings in Procter & Gamble Company (The) were worth $11,208,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in PG. Asset Planning Services Ltd. boosted its position in shares of Procter & Gamble Company (The) by 79.7% during 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 during the last quarter. Riggs Asset Managment Co. Inc. boosted its position in shares of Procter & Gamble Company (The) by 11.9% during 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 during the last quarter. Edge Wealth Management LLC boosted its position in shares of Procter & Gamble Company (The) by 17.1% during 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 during the last quarter. Feltz Wealth PLAN Inc. purchased a new position in shares of Procter & Gamble Company (The) during the first quarter valued at approximately $184,000. Finally, Watermark Asset Management Inc. purchased a new position in shares of Procter & Gamble Company (The) during the first quarter valued at approximately $201,000. 59.29% of the stock is currently owned by institutional investors.

In related news, insider Suranjan Magesvaran sold 10,512 shares of the firm’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $91.00, for a total value of $956,592.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Valarie L. Sheppard sold 20,175 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total value of $1,869,213.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 45,792 shares of company stock worth $4,216,070. 0.35% of the stock is owned by insiders.

Procter & Gamble Company (NYSE:PG) traded down 0.383% during mid-day trading on Friday, hitting $92.285. The company had a trading volume of 2,982,116 shares. The firm’s 50 day moving average is $92.38 and its 200 day moving average is $89.61. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $94.45. The company has a market capitalization of $235.33 billion, a price-to-earnings ratio of 16.500 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last announced its earnings results 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 analysts’ expectations of $16.01 billion. During the same period last year, the firm earned $0.79 EPS. Procter & Gamble Company (The)’s revenue for the quarter was down .1% compared to the same quarter last year. On average, equities research analysts predict that Procter & Gamble Company will post $4.17 EPS for the current year.

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Several research firms have weighed in on PG. Zacks Investment Research raised 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 report on Tuesday, August 1st. Jefferies Group LLC reissued a “buy” rating and issued a $92.44 price objective (down previously from $103.00) on shares of Procter & Gamble Company (The) in a research report on Thursday, August 17th. BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Bank of America Corporation boosted their price objective on Procter & Gamble Company (The) from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Capital One Financial Corporation cut Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $5.00 to $2.00 in a research report on Thursday, June 22nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have assigned a buy rating to the stock. Procter & Gamble Company (The) currently has a consensus rating of “Hold” and a consensus price target of $90.00.

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.

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

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