Monument Capital Management trimmed its holdings in shares of Procter & Gamble Co (NYSE:PG) by 32.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,888 shares of the company’s stock after selling 7,211 shares during the period. Monument Capital Management’s holdings in Procter & Gamble were worth $1,162,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in shares of Procter & Gamble by 1.9% in the 1st quarter. BlackRock Inc. now owns 162,599,226 shares of the company’s stock valued at $12,890,867,000 after buying an additional 2,961,408 shares during the period. Geode Capital Management LLC increased its stake in shares of Procter & Gamble by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 27,189,341 shares of the company’s stock valued at $2,492,983,000 after buying an additional 882,109 shares during the period. Yacktman Asset Management LP increased its stake in shares of Procter & Gamble by 1.4% in the 1st quarter. Yacktman Asset Management LP now owns 15,382,957 shares of the company’s stock valued at $1,219,561,000 after buying an additional 219,593 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of Procter & Gamble by 8.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 13,939,806 shares of the company’s stock valued at $1,105,148,000 after buying an additional 1,089,316 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of Procter & Gamble by 17.9% in the 1st quarter. American Century Companies Inc. now owns 13,922,673 shares of the company’s stock valued at $1,103,790,000 after buying an additional 2,115,777 shares during the period. 58.49% of the stock is owned by hedge funds and other institutional investors.

Shares of Procter & Gamble stock opened at $83.61 on Friday. The company has a quick ratio of 0.66, a current ratio of 0.83 and a debt-to-equity ratio of 0.40. Procter & Gamble Co has a 12 month low of $70.73 and a 12 month high of $94.67. The firm has a market cap of $209.52 billion, a P/E ratio of 19.69, a P/E/G ratio of 2.67 and a beta of 0.57.

Procter & Gamble (NYSE:PG) last announced 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 return on equity of 20.94% and a net margin of 14.59%. The business had revenue of $16.50 billion during the quarter, compared to analysts’ expectations of $16.52 billion. During the same period in the previous year, the firm earned $0.85 earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. equities research analysts anticipate that Procter & Gamble Co will post 4.42 earnings per share for the current fiscal year.

Several equities research analysts have recently commented on the company. Zacks Investment Research cut Procter & Gamble from a “hold” rating to a “sell” rating in a research note on Monday, June 25th. Deutsche Bank lifted their target price on Procter & Gamble from $81.00 to $84.00 and gave the company a “hold” rating in a research note on Wednesday, August 1st. Wells Fargo & Co reissued a “hold” rating on shares of Procter & Gamble in a research note on Tuesday, July 31st. Citigroup decreased their price objective on Procter & Gamble from $98.00 to $89.00 and set a “buy” rating for the company in a research note on Friday, July 20th. Finally, SunTrust Banks lifted their price objective on Procter & Gamble to $80.00 and gave the stock a “hold” rating in a research note on Wednesday, August 1st. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Procter & Gamble has a consensus rating of “Hold” and a consensus target price of $83.96.

In other Procter & Gamble news, insider Kathleen B. Fish sold 599 shares of Procter & Gamble stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $83.48, for a total transaction of $50,004.52. Following the transaction, the insider now directly owns 38,655 shares in the company, valued at $3,226,919.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Kathleen B. Fish sold 10,342 shares of Procter & Gamble stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $83.20, for a total value of $860,454.40. Following the transaction, the insider now owns 16,382 shares in the company, valued at $1,362,982.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 147,186 shares of company stock valued at $12,080,849. 1.84% of the stock is owned by insiders.

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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