Procter & Gamble Company (The) (PG) Shares Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 4.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,390 shares of the company’s stock after selling 4,360 shares during the quarter. Nippon Life Global Investors Americas Inc.’s holdings in Procter & Gamble Company (The) were worth $8,314,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Riggs Asset Managment Co. Inc. lifted its stake in Procter & Gamble Company (The) by 11.9% in the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after buying an additional 170 shares during the last quarter. Watermark Asset Management Inc. purchased a new stake in Procter & Gamble Company (The) in the first quarter valued at approximately $201,000. Winfield Associates Inc. lifted its stake in Procter & Gamble Company (The) by 0.7% in the second quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after buying an additional 15 shares during the last quarter. Security National Bank of SO Dak purchased a new stake in Procter & Gamble Company (The) in the first quarter valued at approximately $206,000. Finally, O Brien Wealth Partners LLC lifted its stake in Procter & Gamble Company (The) by 2.7% in the first quarter. O Brien Wealth Partners LLC now owns 2,481 shares of the company’s stock valued at $223,000 after buying an additional 66 shares during the last quarter. 59.73% of the stock is owned by hedge funds and other institutional investors.

In other Procter & Gamble Company (The) news, SVP Valarie L. Sheppard sold 20,175 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $92.65, for a total value of $1,869,213.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the company’s stock in a transaction on Monday, October 16th. The shares were 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. Insiders sold 32,694 shares of company stock valued at $2,987,000 in the last quarter. 0.35% of the stock is currently owned by company insiders.

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A number of equities research analysts have weighed in on the company. Jefferies Group LLC reiterated a “buy” rating and issued a $88.23 price objective (down previously from $99.00) on shares of Procter & Gamble Company (The) in a research note on Thursday. Vetr cut Procter & Gamble Company (The) from a “buy” rating to a “hold” rating and set a $90.38 price objective for the company. in a research note on Tuesday, November 7th. Morgan Stanley reduced their price objective on Procter & Gamble Company (The) from $91.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 24th. Royal Bank Of Canada reiterated a “buy” rating on shares of Procter & Gamble Company (The) in a research note on Monday, October 23rd. Finally, Stifel Nicolaus set a $87.00 price objective on Procter & Gamble Company (The) and gave the company a “hold” rating in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. Procter & Gamble Company (The) has a consensus rating of “Hold” and an average price target of $87.81.

Procter & Gamble Company (PG) opened at $89.25 on Friday. The stock has a market capitalization of $223,835.81, a price-to-earnings ratio of 22.17, a price-to-earnings-growth ratio of 2.84 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75. Procter & Gamble Company has a 52-week low of $81.18 and a 52-week high of $94.67.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.02. The firm had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. Procter & Gamble Company (The)’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.03 earnings per share. equities analysts expect that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th were given a $0.6896 dividend. This represents a $2.76 annualized dividend and a yield of 3.09%. The ex-dividend date was Thursday, October 19th. Procter & Gamble Company (The)’s payout ratio is 48.51%.

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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