Forward Management LLC grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,168 shares of the company’s stock after purchasing an additional 34 shares during the quarter. Forward Management LLC’s holdings in Procter & Gamble Company (The) were worth $799,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the business. Northwest Wealth Management LLC increased its holdings in shares of Procter & Gamble Company (The) by 0.3% in the 2nd quarter. Northwest Wealth Management LLC now owns 2,556 shares of the company’s stock valued at $223,000 after acquiring an additional 8 shares during the period. Winfield Associates Inc. increased its holdings in shares of Procter & Gamble Company (The) by 0.7% in the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after acquiring an additional 15 shares during the period. Cascade Investment Advisors Inc. increased its holdings in shares of Procter & Gamble Company (The) by 0.5% in the 2nd quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock valued at $296,000 after acquiring an additional 17 shares during the period. RB Capital Management LLC increased its holdings in shares of Procter & Gamble Company (The) by 0.3% in the 1st quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock valued at $655,000 after acquiring an additional 20 shares during the period. Finally, Cottage Street Advisors LLC increased its holdings in shares of Procter & Gamble Company (The) by 0.4% in the 1st quarter. Cottage Street Advisors LLC now owns 6,845 shares of the company’s stock valued at $615,000 after acquiring an additional 25 shares during the period. 59.71% of the stock is currently owned by institutional investors.

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In other news, Vice Chairman Jon R. Moeller sold 6,063 shares of Procter & Gamble Company (The) stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total transaction of $558,038.52. Following the completion of the transaction, the insider now owns 120,734 shares of the company’s stock, valued at approximately $11,112,357.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark F. Biegger sold 2,660 shares of Procter & Gamble Company (The) stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $244,826.40. Following the transaction, the insider now directly owns 23,133 shares of the company’s stock, valued at approximately $2,129,161.32. The disclosure for this sale can be found here. Insiders have sold a total of 42,499 shares of company stock worth $3,904,610 over the last 90 days. Insiders own 0.35% of the company’s stock.

PG has been the topic of a number of recent research reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $104.00 target price (up from $103.00) on shares of Procter & Gamble Company (The) in a report on Wednesday, September 20th. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Procter & Gamble Company (The) in a report on Wednesday, October 4th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $80.00 target price on shares of Procter & Gamble Company (The) in a report on Wednesday, September 6th. Finally, Vetr raised shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 target price on the stock in a report on Friday, September 15th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $88.69.

Shares of Procter & Gamble Company (NYSE:PG) opened at $88.16 on Friday. The company has a market cap of $222,690.00, a price-to-earnings ratio of 22.00, a price-to-earnings-growth ratio of 2.82 and a beta of 0.66. Procter & Gamble Company has a 1 year low of $81.18 and a 1 year high of $94.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble Company (The) (NYSE:PG) last issued its earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.07 by $0.02. The company had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.03 EPS. sell-side analysts predict that Procter & Gamble Company will post 4.16 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th will be given a dividend of $0.6896 per share. The ex-dividend date is Thursday, October 19th. This represents a $2.76 annualized dividend and a dividend yield of 3.13%. Procter & Gamble Company (The)’s payout ratio is currently 73.80%.

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.

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

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