Procter & Gamble Company (The) (NYSE:PG)‘s stock had its “sell” rating reiterated by research analysts at Goldman Sachs Group, Inc. (The) in a report released on Wednesday.

A number of other research firms have also recently weighed in on PG. Jefferies Group LLC reiterated a “buy” rating and set a $92.44 price objective (down previously from $103.00) on shares of Procter & Gamble Company (The) in a research report on Thursday, August 17th. BidaskClub upgraded shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a report on Saturday, August 19th. Stifel Nicolaus restated a “hold” rating and issued a $90.00 target price (up previously from $87.00) on shares of Procter & Gamble Company (The) in a report on Sunday, July 30th. Zacks Investment Research cut shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Finally, Vetr cut shares of Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 price target for the company. in a research note on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $90.00.

Shares of Procter & Gamble Company (NYSE:PG) traded up 0.483% during trading on Wednesday, hitting $92.565. 3,166,600 shares of the stock traded hands. The stock has a market cap of $236.04 billion, a PE ratio of 16.550 and a beta of 0.67. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $94.67. The firm’s 50-day moving average price is $92.61 and its 200-day moving average price is $89.71.

Procter & Gamble Company (The) (NYSE:PG) last released its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.07. The firm had revenue of $16.08 billion for the quarter, compared to the consensus estimate of $16.01 billion. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The company’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. Analysts anticipate that Procter & Gamble Company will post $4.17 EPS for the current year.

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In other news, SVP Valarie L. Sheppard sold 20,175 shares of the company’s stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $92.65, for a total transaction of $1,869,213.75. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Suranjan Magesvaran sold 10,512 shares of the company’s stock in a transaction on Monday, July 31st. The stock was sold at an average price of $91.00, for a total value of $956,592.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,792 shares of company stock valued at $4,216,070. Corporate insiders own 0.35% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Procter & Gamble Company (The) by 2.3% during the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock worth $15,750,688,000 after acquiring an additional 4,066,266 shares during the last quarter. BlackRock Inc. increased its holdings in shares of Procter & Gamble Company (The) by 1.4% during the second 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. Trian Fund Management L.P. increased its holdings in shares of Procter & Gamble Company (The) by 2.4% during the second quarter. Trian Fund Management L.P. now owns 37,612,012 shares of the company’s stock valued at $3,277,887,000 after acquiring an additional 893,157 shares in the last quarter. American Century Companies Inc. raised its position in shares of Procter & Gamble Company (The) by 8.1% in the 2nd quarter. American Century Companies Inc. now owns 12,490,795 shares of the company’s stock valued at $1,088,573,000 after purchasing an additional 934,179 shares during the last quarter. Finally, Capital Research Global Investors raised its position in shares of Procter & Gamble Company (The) by 74.2% in 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 purchasing an additional 5,278,359 shares during the last quarter. 59.30% of the stock is currently owned by institutional investors.

About Procter & Gamble Company (The)

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.

Analyst Recommendations for Procter & Gamble Company (The) (NYSE:PG)

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