Schneider Downs Wealth Management Advisors LP grew its position in The Procter & Gamble Company (NYSE:PG) by 21.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,827 shares of the company’s stock after buying an additional 505 shares during the period. Schneider Downs Wealth Management Advisors LP’s holdings in The Procter & Gamble were worth $393,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PG. Public Employees Retirement Association of Colorado lifted its stake in shares of The Procter & Gamble by 4.5% in the 1st quarter. Public Employees Retirement Association of Colorado now owns 472,285 shares of the company’s stock valued at $51,951,000 after purchasing an additional 20,462 shares during the last quarter. State Street Corp raised its holdings in The Procter & Gamble by 0.9% in the 1st quarter. State Street Corp now owns 118,284,669 shares of the company’s stock valued at $13,011,314,000 after buying an additional 1,086,517 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its position in The Procter & Gamble by 1.6% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 1,420,204 shares of the company’s stock valued at $156,222,000 after buying an additional 22,986 shares during the last quarter. Cohen & Steers Inc. acquired a new position in The Procter & Gamble in the first quarter valued at about $181,000. Finally, APG Asset Management N.V. boosted its stake in The Procter & Gamble by 3.4% during the first quarter. APG Asset Management N.V. now owns 7,358,549 shares of the company’s stock worth $809,440,000 after buying an additional 244,532 shares during the period. Institutional investors and hedge funds own 62.81% of the company’s stock.

Shares of NYSE:PG opened at $144.39 on Friday. The Procter & Gamble Company has a fifty-two week low of $94.34 and a fifty-two week high of $145.87. The firm’s 50 day moving average price is $138.93 and its 200 day moving average price is $125.52. The company has a quick ratio of 0.68, a current ratio of 0.85 and a debt-to-equity ratio of 0.51. The stock has a market cap of $359.48 billion, a price-to-earnings ratio of 29.11, a price-to-earnings-growth ratio of 3.45 and a beta of 0.43.

The Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.16 EPS for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.15. The company had revenue of $17.70 billion for the quarter, compared to the consensus estimate of $16.97 billion. The Procter & Gamble had a net margin of 18.36% and a return on equity of 29.53%. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 EPS. On average, equities analysts anticipate that The Procter & Gamble Company will post 5.4 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be issued a $0.7907 dividend. This represents a $3.16 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Thursday, October 22nd. The Procter & Gamble’s dividend payout ratio (DPR) is presently 61.72%.

In related news, VP Valarie L. Sheppard sold 14,800 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $130.00, for a total value of $1,924,000.00. Following the transaction, the vice president now directly owns 39,929 shares of the company’s stock, valued at approximately $5,190,770. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Valarie L. Sheppard sold 2,922 shares of The Procter & Gamble stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $136.53, for a total transaction of $398,940.66. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 272,757 shares of company stock worth $36,738,374. 0.70% of the stock is owned by insiders.

Several brokerages have recently commented on PG. Barclays restated a “buy” rating on shares of The Procter & Gamble in a report on Sunday, August 2nd. Jefferies Financial Group raised their price target on The Procter & Gamble from $153.00 to $166.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Morgan Stanley boosted their price objective on The Procter & Gamble from $144.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, October 5th. Berenberg Bank raised their target price on The Procter & Gamble from $136.00 to $149.00 and gave the company a “hold” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on The Procter & Gamble from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The Procter & Gamble has a consensus rating of “Buy” and a consensus target price of $137.87.

The Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It 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 The Procter & Gamble (NYSE:PG)

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