Prospera Financial Services Inc grew its holdings in Procter & Gamble Co (NYSE:PG) by 13.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,058 shares of the company’s stock after acquiring an additional 4,025 shares during the quarter. Prospera Financial Services Inc’s holdings in Procter & Gamble were worth $2,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Twin Tree Management LP bought a new position in Procter & Gamble in the first quarter worth $144,000. Clearwater Capital Advisors LLC bought a new position in Procter & Gamble in the first quarter worth $154,000. Corbyn Investment Management Inc. MD bought a new position in Procter & Gamble in the first quarter worth $157,000. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Procter & Gamble by 296.5% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,038 shares of the company’s stock worth $162,000 after purchasing an additional 1,524 shares during the period. Finally, Financial Gravity Wealth Inc. bought a new position in Procter & Gamble in the first quarter worth $170,000. 58.32% of the stock is owned by institutional investors.

In other news, Vice Chairman Jon R. Moeller sold 2,873 shares of the firm’s stock in a transaction on Monday, August 13th. The stock was sold at an average price of $81.35, for a total value of $233,718.55. Following the completion of the sale, the insider now directly owns 113,638 shares in the company, valued at $9,244,451.30. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Kathleen B. Fish sold 26,946 shares of the firm’s stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $80.55, for a total value of $2,170,500.30. The disclosure for this sale can be found here. Insiders have sold 147,186 shares of company stock valued at $12,080,849 over the last quarter. Corporate insiders own 1.84% of the company’s stock.

Several research analysts recently commented on the company. ValuEngine raised Procter & Gamble from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $78.00 target price on shares of Procter & Gamble in a research report on Thursday, August 16th. Citigroup reduced their target price on Procter & Gamble from $98.00 to $89.00 and set a “buy” rating for the company in a research report on Friday, July 20th. UBS Group cut Procter & Gamble from a “buy” rating to a “neutral” rating and set a $83.00 target price for the company. in a research report on Wednesday, July 18th. Finally, SunTrust Banks raised their target price on Procter & Gamble to $80.00 and gave the stock a “hold” rating in a research report on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Procter & Gamble has an average rating of “Hold” and a consensus price target of $83.96.

Procter & Gamble stock opened at $84.25 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.83 and a quick ratio of 0.66. Procter & Gamble Co has a 52-week low of $70.73 and a 52-week high of $94.67. The firm has a market cap of $210.78 billion, a price-to-earnings ratio of 19.81, a P/E/G ratio of 2.69 and a beta of 0.57.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, July 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.04. Procter & Gamble had a return on equity of 20.94% and a net margin of 14.59%. The firm had revenue of $16.50 billion during the quarter, compared to analyst estimates of $16.52 billion. During the same period in the prior year, the company posted $0.85 earnings per share. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. equities analysts anticipate that Procter & Gamble Co will post 4.42 EPS for the current fiscal year.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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