Trust Co. of Vermont increased its stake in shares of Procter & Gamble Co (NYSE:PG) by 2.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,893 shares of the company’s stock after buying an additional 3,989 shares during the quarter. Procter & Gamble accounts for about 1.0% of Trust Co. of Vermont’s investment portfolio, making the stock its 28th largest position. Trust Co. of Vermont’s holdings in Procter & Gamble were worth $11,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Verity Asset Management Inc. bought a new stake in shares of Procter & Gamble during the 4th quarter valued at $261,000. IBM Retirement Fund increased its holdings in Procter & Gamble by 5.2% in the 4th quarter. IBM Retirement Fund now owns 66,544 shares of the company’s stock valued at $6,682,000 after acquiring an additional 3,269 shares during the last quarter. Wealth Advisors of Tampa Bay LLC bought a new stake in Procter & Gamble in the 4th quarter valued at $4,353,000. Candriam Luxembourg S.C.A. increased its holdings in Procter & Gamble by 17.3% in the 4th quarter. Candriam Luxembourg S.C.A. now owns 660,497 shares of the company’s stock valued at $60,689,000 after acquiring an additional 97,496 shares during the last quarter. Finally, AGF Investments Inc. increased its holdings in Procter & Gamble by 112.2% in the 4th quarter. AGF Investments Inc. now owns 356,215 shares of the company’s stock valued at $32,729,000 after acquiring an additional 188,311 shares during the last quarter. Institutional investors and hedge funds own 58.79% of the company’s stock.

In other Procter & Gamble news, insider Deborah P. Majoras sold 11,097 shares of Procter & Gamble stock in a transaction on Wednesday, August 29th. The shares were sold at an average price of $83.53, for a total value of $926,932.41. Following the completion of the transaction, the insider now directly owns 46,096 shares of the company’s stock, valued at approximately $3,850,398.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David S. Taylor sold 21,029 shares of Procter & Gamble stock in a transaction on Wednesday, August 22nd. The stock was sold at an average price of $83.52, for a total transaction of $1,756,342.08. The disclosure for this sale can be found here. Insiders sold a total of 154,178 shares of company stock valued at $12,562,219 over the last three months. Corporate insiders own 1.84% of the company’s stock.

A number of analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Procter & Gamble from a “hold” rating to a “sell” rating in a report on Monday, June 25th. Deutsche Bank lifted their price target on shares of Procter & Gamble from $84.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, August 16th. Wells Fargo & Co reiterated a “hold” rating on shares of Procter & Gamble in a report on Tuesday, July 31st. Citigroup reduced their price target on shares of Procter & Gamble from $98.00 to $89.00 and set a “buy” rating on the stock in a report on Friday, July 20th. Finally, SunTrust Banks lifted their price target on shares of Procter & Gamble to $80.00 and gave the company a “hold” rating in a report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $85.09.

Shares of NYSE:PG opened at $82.65 on Friday. Procter & Gamble Co has a 52 week low of $70.73 and a 52 week high of $94.67. The firm has a market capitalization of $209.97 billion, a price-to-earnings ratio of 19.74, a price-to-earnings-growth ratio of 2.68 and a beta of 0.57. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.83 and a quick ratio of 0.66.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, July 31st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. Procter & Gamble had a net margin of 14.59% and a return on equity of 20.94%. The business had revenue of $16.50 billion during the quarter, compared to analysts’ expectations of $16.52 billion. During the same period last year, the company posted $0.85 EPS. The business’s revenue was up 2.6% on a year-over-year basis. research analysts expect that Procter & Gamble Co will post 4.42 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Shareholders of record on Friday, July 20th were paid a $0.7172 dividend. The ex-dividend date of this dividend was Thursday, July 19th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.47%. Procter & Gamble’s payout ratio is currently 68.01%.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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