First Midwest Bank Trust Division raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 15.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,870 shares of the company’s stock after purchasing an additional 11,628 shares during the quarter. Procter & Gamble comprises approximately 0.9% of First Midwest Bank Trust Division’s holdings, making the stock its 16th biggest holding. First Midwest Bank Trust Division’s holdings in Procter & Gamble were worth $7,722,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Research Global Investors lifted its holdings in shares of Procter & Gamble by 74.2% during the 2nd quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after acquiring an additional 5,278,359 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Procter & Gamble by 1,244.6% during the 2nd quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock valued at $392,226,000 after acquiring an additional 4,165,862 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Procter & Gamble by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after acquiring an additional 4,066,266 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Procter & Gamble by 1.4% during the 2nd quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock valued at $13,626,862,000 after acquiring an additional 2,164,426 shares in the last quarter. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Procter & Gamble by 30.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 6,349,258 shares of the company’s stock valued at $553,334,000 after acquiring an additional 1,487,095 shares in the last quarter. Institutional investors own 59.56% of the company’s stock.

PG has been the topic of several recent research reports. Jefferies Group restated a “buy” rating and set a $104.00 target price (up previously from $103.00) on shares of Procter & Gamble in a report on Wednesday, September 20th. Deutsche Bank initiated coverage on shares of Procter & Gamble in a report on Wednesday, December 13th. They set a “buy” rating and a $101.00 target price on the stock. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Goldman Sachs Group restated a “sell” rating on shares of Procter & Gamble in a report on Wednesday, October 4th. Finally, Vetr lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 target price on the stock. in a report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $88.57.

In other news, insider R. Alexandra Keith sold 1,298 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total value of $115,664.78. Following the completion of the sale, the insider now owns 20,135 shares of the company’s stock, valued at approximately $1,794,229.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. Insiders have sold a total of 21,575 shares of company stock worth $1,927,095 in the last ninety days. 0.35% of the stock is currently owned by insiders.

Shares of Procter & Gamble Company (NYSE:PG) opened at $91.88 on Tuesday. Procter & Gamble Company has a one year low of $83.24 and a one year high of $94.67. The stock has a market cap of $233,095.69, a price-to-earnings ratio of 16.15, a P/E/G ratio of 2.95 and a beta of 0.67. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results 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. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The firm had revenue of $16.65 billion for the quarter, compared to the consensus estimate of $16.69 billion. During the same quarter in the previous year, the firm posted $1.03 EPS. The firm’s quarterly revenue was up .8% on a year-over-year basis. analysts expect that Procter & Gamble Company will post 4.18 earnings per share for the current fiscal year.

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Procter & Gamble 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.

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

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