Merriman Wealth Management LLC bought a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,001 shares of the company’s stock, valued at approximately $455,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Asset Planning Services Ltd. boosted its position in shares of Procter & Gamble by 0.4% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after acquiring an additional 5 shares during the last quarter. Harding Loevner LP acquired a new position in shares of Procter & Gamble during the 2nd quarter valued at about $119,000. Blume Capital Management Inc. boosted its position in shares of Procter & Gamble by 25.4% during the 2nd quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock valued at $129,000 after acquiring an additional 300 shares during the last quarter. Riggs Asset Managment Co. Inc. boosted its position in shares of Procter & Gamble by 11.9% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after acquiring an additional 170 shares during the last quarter. Finally, Winfield Associates Inc. boosted its position in shares of Procter & Gamble by 0.7% during the 2nd quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after acquiring an additional 15 shares during the last quarter. 59.42% of the stock is currently owned by institutional investors.

Shares of Procter & Gamble Company (NYSE PG) opened at $92.13 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. The stock has a market cap of $233,730.00, a PE ratio of 24.63, a price-to-earnings-growth ratio of 2.95 and a beta of 0.67. Procter & Gamble Company has a one year low of $83.24 and a one year high of $94.67.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. The company had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share. sell-side analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

In related news, insider Carolyn M. Tastad sold 5,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $89.18, for a total transaction of $472,654.00. Following the sale, the insider now directly owns 57,191 shares in the company, valued at $5,100,293.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider R. Alexandra Keith sold 1,298 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $89.11, for a total transaction of $115,664.78. Following the sale, the insider now owns 20,135 shares in the company, valued at $1,794,229.85. The disclosure for this sale can be found here. Insiders have sold 21,575 shares of company stock worth $1,927,095 over the last quarter. Insiders own 0.35% of the company’s stock.

Several research analysts have recently weighed in on PG shares. Jefferies Group reissued a “buy” rating and set a $104.00 price target on shares of Procter & Gamble in a research report on Tuesday, October 10th. Bank of America boosted their price objective on shares of Procter & Gamble from $98.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, September 19th. Royal Bank of Canada restated a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Vetr upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 price objective on the stock in a report on Monday, October 23rd. Finally, Deutsche Bank initiated coverage on shares of Procter & Gamble in a report on Wednesday, December 13th. They issued a “buy” rating and a $101.00 price objective on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $88.57.

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About Procter & Gamble

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 (NYSE:PG)

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