Stoneridge Investment Partners LLC raised its position in Procter & Gamble Company (The) (NYSE:PG) by 1.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,108 shares of the company’s stock after buying an additional 344 shares during the period. Stoneridge Investment Partners LLC’s holdings in Procter & Gamble Company (The) were worth $2,526,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PG. Norges Bank acquired a new stake in Procter & Gamble Company (The) during the fourth quarter worth $1,918,188,000. Hermes Investment Management Ltd. increased its stake in Procter & Gamble Company (The) by 2,810.3% in the first quarter. Hermes Investment Management Ltd. now owns 738,390 shares of the company’s stock worth $66,344,000 after buying an additional 713,018 shares during the period. Kentucky Retirement Systems acquired a new stake in Procter & Gamble Company (The) during the fourth quarter worth $16,327,000. Korea Investment CORP increased its stake in Procter & Gamble Company (The) by 9.2% in the first quarter. Korea Investment CORP now owns 2,229,376 shares of the company’s stock worth $200,309,000 after buying an additional 187,892 shares during the period. Finally, Dodge & Cox acquired a new stake in Procter & Gamble Company (The) during the fourth quarter worth $12,586,000. 59.48% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Company (NYSE PG) traded up 0.26% on Friday, hitting $92.51. 4,932,978 shares of the stock traded hands. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $92.96. The company has a market cap of $235.90 billion, a price-to-earnings ratio of 16.54 and a beta of 0.68. The stock has a 50-day moving average price of $90.21 and a 200 day moving average price of $89.30.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.07. The business had revenue of $16.08 billion during the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.79 earnings per share. On average, analysts anticipate that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st were issued a $0.6896 dividend. The ex-dividend date of this dividend was Wednesday, July 19th. This represents a $2.76 dividend on an annualized basis and a yield of 2.98%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 49.37%.

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PG has been the subject of a number of recent research reports. Vetr raised shares of Procter & Gamble Company (The) from a “buy” rating to a “strong-buy” rating and set a $96.50 price target for the company in a research note on Thursday, May 18th. Jefferies Group LLC reissued a “buy” rating and set a $98.00 price target on shares of Procter & Gamble Company (The) in a research note on Monday, July 17th. Zacks Investment Research downgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Deutsche Bank AG reissued a “hold” rating and set a $92.00 price target (up from $90.00) on shares of Procter & Gamble Company (The) in a research note on Saturday, July 22nd. Finally, BidaskClub downgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. Procter & Gamble Company (The) presently has a consensus rating of “Hold” and an average target price of $87.48.

In other Procter & Gamble Company (The) news, SVP Valarie L. Sheppard sold 20,175 shares of the 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Jon R. Moeller sold 6,063 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $558,038.52. Following the completion of the transaction, the insider now owns 120,734 shares of the company’s stock, valued at approximately $11,112,357.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 45,792 shares of company stock valued at $4,216,070. 0.35% of the stock is owned by corporate insiders.

Procter & Gamble Company (The) Company 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.

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

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