Dowling & Yahnke LLC reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,427 shares of the company’s stock after selling 83 shares during the quarter. Dowling & Yahnke LLC’s holdings in Procter & Gamble Company (The) were worth $7,009,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Asset Planning Services Ltd. grew its position in shares of Procter & Gamble Company (The) by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after buying an additional 5 shares during the period. Northwest Wealth Management LLC grew its position 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 worth $223,000 after buying an additional 8 shares during the period. Winfield Associates Inc. grew its position 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 worth $197,000 after buying an additional 15 shares during the period. Cascade Investment Advisors Inc. grew its position 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 worth $296,000 after buying an additional 17 shares during the period. Finally, RB Capital Management LLC grew its position 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 worth $655,000 after buying an additional 20 shares during the period. 59.53% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price on the stock in a research note on Tuesday, August 1st. Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble Company (The) and gave the company a “hold” rating in a research note on Friday, October 20th. Jefferies Group LLC restated a “buy” rating and set a $104.00 target price on shares of Procter & Gamble Company (The) in a research note on Tuesday, October 10th. Goldman Sachs Group, Inc. (The) restated a “sell” rating on shares of Procter & Gamble Company (The) in a research note on Wednesday, October 4th. Finally, BidaskClub upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $87.81.

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Procter & Gamble Company (NYSE PG) opened at $88.27 on Tuesday. Procter & Gamble Company has a fifty-two week low of $81.18 and a fifty-two week high of $94.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. The firm has a market cap of $223,940.00, a price-to-earnings ratio of 22.22, a P/E/G ratio of 2.85 and a beta of 0.66.

Procter & Gamble Company (The) (NYSE:PG) last posted its earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The firm had revenue of $16.65 billion during the quarter, compared to analyst estimates of $16.69 billion. During the same period last year, the firm posted $1.03 earnings per share. Procter & Gamble Company (The)’s revenue for the quarter was up .8% compared to the same quarter last year. research analysts predict that Procter & Gamble Company will post 4.17 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, October 20th were issued a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date was Thursday, October 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 73.80%.

In related news, insider Carolyn M. Tastad sold 5,300 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $89.18, for a total value of $472,654.00. Following the completion of the sale, the insider now directly owns 57,191 shares in the company, valued at $5,100,293.38. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the firm’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $92.98, for a total value of $265,550.88. The disclosure for this sale can be found here. Over the last three months, insiders sold 20,277 shares of company stock valued at $1,811,430. 0.35% of the stock is currently owned by insiders.

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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