Rockland Trust Co. lifted its stake in Procter & Gamble Co (NYSE:PG) by 4.5% during the 4th quarter, Holdings Channel reports. The firm owned 97,338 shares of the company’s stock after acquiring an additional 4,210 shares during the period. Rockland Trust Co.’s holdings in Procter & Gamble were worth $8,943,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Trillium Asset Management LLC lifted its holdings in Procter & Gamble by 2.0% during the second quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock worth $14,842,000 after acquiring an additional 3,387 shares in the last quarter. Aviva PLC lifted its holdings in Procter & Gamble by 1.7% during the second quarter. Aviva PLC now owns 1,814,623 shares of the company’s stock worth $158,162,000 after acquiring an additional 30,897 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in Procter & Gamble by 1,094.3% during the third quarter. Assenagon Asset Management S.A. now owns 736,699 shares of the company’s stock worth $67,025,000 after acquiring an additional 675,013 shares in the last quarter. Edgestream Partners L.P. lifted its holdings in Procter & Gamble by 21.9% during the third quarter. Edgestream Partners L.P. now owns 7,543 shares of the company’s stock worth $686,000 after acquiring an additional 1,356 shares in the last quarter. Finally, Spectrum Management Group Inc. lifted its holdings in Procter & Gamble by 221.4% during the third quarter. Spectrum Management Group Inc. now owns 32,757 shares of the company’s stock worth $2,980,000 after acquiring an additional 22,565 shares in the last quarter. Institutional investors and hedge funds own 61.05% of the company’s stock.

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Shares of Procter & Gamble Co (NYSE PG) opened at $79.72 on Wednesday. Procter & Gamble Co has a 12 month low of $77.90 and a 12 month high of $94.67. The stock has a market capitalization of $200,970.00, a PE ratio of 20.28, a price-to-earnings-growth ratio of 2.50 and a beta of 0.58. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The firm had revenue of $17.40 billion for the quarter, compared to the consensus estimate of $17.39 billion. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $1.08 EPS. equities research analysts forecast that Procter & Gamble Co will post 4.21 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Friday, January 19th were given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend was Thursday, January 18th. Procter & Gamble’s dividend payout ratio is currently 70.23%.

Several research analysts have weighed in on PG shares. Zacks Investment Research upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a report on Monday, January 8th. Goldman Sachs Group upgraded Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 target price on the stock in a report on Tuesday, January 16th. Morgan Stanley lifted their target price on Procter & Gamble from $90.00 to $92.00 and gave the stock an “equal weight” rating in a report on Thursday, January 25th. Deutsche Bank started coverage on Procter & Gamble in a report on Tuesday, December 19th. They set a “buy” rating and a $91.88 target price on the stock. Finally, Wells Fargo & Co reiterated a “hold” rating and set a $88.00 target price on shares of Procter & Gamble in a report on Sunday, December 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. Procter & Gamble presently has an average rating of “Buy” and a consensus price target of $87.37.

In related news, insider Marylynn Fergusonmchugh sold 2,353 shares of Procter & Gamble stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $78.59, for a total value of $184,922.27. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Jon R. Moeller sold 3,252 shares of Procter & Gamble stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $78.59, for a total value of $255,574.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 114,011 shares of company stock worth $9,710,976. 0.35% of the stock is owned by company insiders.

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About Procter & Gamble

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 (NYSE:PG)

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