Cohen & Steers Inc. lowered its position in Procter & Gamble Co (NYSE:PG) by 21.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,941 shares of the company’s stock after selling 541 shares during the period. Cohen & Steers Inc.’s holdings in Procter & Gamble were worth $162,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Procter & Gamble by 0.5% in the third quarter. Vanguard Group Inc. now owns 188,401,646 shares of the company’s stock valued at $15,680,670,000 after purchasing an additional 853,269 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Procter & Gamble by 0.5% in the third quarter. Vanguard Group Inc now owns 188,401,646 shares of the company’s stock valued at $15,680,670,000 after purchasing an additional 853,269 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Procter & Gamble by 2.2% in the second quarter. BlackRock Inc. now owns 166,150,277 shares of the company’s stock valued at $12,969,690,000 after purchasing an additional 3,551,051 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Procter & Gamble by 5,578,292.9% in the third quarter. Bank of New York Mellon Corp now owns 24,377,577 shares of the company’s stock valued at $2,028,947,000 after purchasing an additional 24,377,140 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Procter & Gamble by 6.7% in the third quarter. FMR LLC now owns 19,135,225 shares of the company’s stock valued at $1,592,625,000 after purchasing an additional 1,196,630 shares in the last quarter. Institutional investors own 60.74% of the company’s stock.

In other news, insider Gary A. Coombe sold 9,000 shares of the business’s stock in a transaction on Monday, January 28th. The shares were sold at an average price of $93.90, for a total value of $845,100.00. Following the completion of the transaction, the insider now owns 18,517 shares of the company’s stock, valued at approximately $1,738,746.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David S. Taylor sold 30,000 shares of the business’s stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $99.09, for a total transaction of $2,972,700.00. Following the completion of the transaction, the chairman now directly owns 223,849 shares of the company’s stock, valued at approximately $22,181,197.41. The disclosure for this sale can be found here. Insiders sold a total of 2,270,496 shares of company stock valued at $224,931,027 in the last three months. 1.84% of the stock is owned by company insiders.

A number of analysts recently weighed in on the stock. Macquarie set a $110.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Tuesday, February 26th. Barclays reaffirmed a “hold” rating and set a $94.00 target price on shares of Procter & Gamble in a report on Friday, January 25th. Zacks Investment Research raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 target price for the company in a report on Monday, January 21st. Evercore ISI assumed coverage on shares of Procter & Gamble in a report on Thursday, January 10th. They set an “outperform” rating and a $105.00 target price for the company. Finally, Bank of America raised shares of Procter & Gamble from a “neutral” rating to a “buy” rating and set a $108.00 target price for the company in a report on Thursday, December 13th. Thirteen equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $96.21.

PG opened at $101.32 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.78 and a quick ratio of 0.61. Procter & Gamble Co has a 52 week low of $70.73 and a 52 week high of $101.78. The firm has a market cap of $252.23 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 3.26 and a beta of 0.38.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, January 23rd. The company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.04. Procter & Gamble had a net margin of 16.13% and a return on equity of 21.41%. The company had revenue of $17.44 billion during the quarter, compared to analyst estimates of $17.16 billion. During the same quarter in the previous year, the business earned $1.19 EPS. The firm’s revenue was up .2% on a year-over-year basis. Equities analysts expect that Procter & Gamble Co will post 4.46 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, February 15th. Stockholders of record on Friday, January 18th were issued a $0.7172 dividend. This represents a $2.87 annualized dividend and a dividend yield of 2.83%. The ex-dividend date was Thursday, January 17th. Procter & Gamble’s dividend payout ratio (DPR) is 68.01%.

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About Procter & Gamble

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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