Haverford Financial Services Inc. trimmed its stake in shares of Procter & Gamble Co (NYSE:PG) by 49.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,536 shares of the company’s stock after selling 44,715 shares during the period. Procter & Gamble accounts for 1.7% of Haverford Financial Services Inc.’s portfolio, making the stock its 29th largest holding. Haverford Financial Services Inc.’s holdings in Procter & Gamble were worth $4,234,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. TD Asset Management Inc. grew its stake in Procter & Gamble by 2.2% during the third quarter. TD Asset Management Inc. now owns 4,547,026 shares of the company’s stock valued at $413,688,000 after acquiring an additional 98,932 shares in the last quarter. Van Hulzen Asset Management LLC lifted its position in Procter & Gamble by 34.8% during the third quarter. Van Hulzen Asset Management LLC now owns 15,948 shares of the company’s stock valued at $1,451,000 after purchasing an additional 4,117 shares during the last quarter. Cornerstone Financial Partners LLC bought a new position in Procter & Gamble during the third quarter valued at $241,000. Robecosam AG lifted its position in Procter & Gamble by 33.9% during the third quarter. Robecosam AG now owns 3,574 shares of the company’s stock valued at $325,000 after purchasing an additional 904 shares during the last quarter. Finally, Camden National Bank lifted its position in Procter & Gamble by 1.3% during the third quarter. Camden National Bank now owns 116,332 shares of the company’s stock valued at $10,584,000 after purchasing an additional 1,543 shares during the last quarter. 59.85% of the stock is owned by institutional investors.

Shares of Procter & Gamble Co (NYSE:PG) opened at $81.50 on Wednesday. Procter & Gamble Co has a twelve month low of $78.59 and a twelve month high of $94.67. The firm has a market cap of $205,460.00, a PE ratio of 21.73, a P/E/G ratio of 2.49 and a beta of 0.51. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.41.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, January 23rd. The company reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The company had revenue of $17.40 billion during the quarter, compared to analyst estimates of $17.39 billion. During the same quarter last year, the business posted $1.08 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. equities analysts forecast that Procter & Gamble Co will post 4.2 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Friday, January 19th will be given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Thursday, January 18th. Procter & Gamble’s dividend payout ratio (DPR) is 73.60%.

Several equities analysts have commented on PG shares. Deutsche Bank started coverage on shares of Procter & Gamble in a research report on Wednesday, December 13th. They set a “buy” rating and a $101.00 price objective for the company. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Goldman Sachs Group upgraded shares of Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price objective for the company in a research report on Tuesday, January 16th. Morgan Stanley increased their price objective on shares of Procter & Gamble from $90.00 to $92.00 and gave the company an “equal weight” rating in a research report on Thursday, January 25th. Finally, Vetr lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price objective for the company. in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $88.38.

In other Procter & Gamble news, insider Juan Fernando Posada sold 4,878 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $89.80, for a total transaction of $438,044.40. Following the transaction, the insider now owns 25,429 shares of the company’s stock, valued at approximately $2,283,524.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider R. Alexandra Keith sold 1,298 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the transaction, the insider now directly owns 20,135 shares in the company, valued at approximately $1,794,229.85. The disclosure for this sale can be found here. Insiders have sold a total of 70,681 shares of company stock worth $6,266,735 in the last three months. Insiders own 0.35% of the company’s stock.

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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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