Trust Co. of Vermont increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,145 shares of the company’s stock after acquiring an additional 3,489 shares during the period. Procter & Gamble Company (The) makes up approximately 1.3% of Trust Co. of Vermont’s portfolio, making the stock its 17th biggest holding. Trust Co. of Vermont’s holdings in Procter & Gamble Company (The) were worth $12,387,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PG. Asset Planning Services Ltd. boosted its position in Procter & Gamble Company (The) by 79.7% during the first quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock worth $107,000 after purchasing an additional 526 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its holdings in Procter & Gamble Company (The) by 11.9% in the first quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock valued at $144,000 after purchasing an additional 170 shares during the last quarter. Edge Wealth Management LLC grew its holdings in Procter & Gamble Company (The) by 17.1% in the first quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock valued at $148,000 after purchasing an additional 240 shares during the last quarter. Feltz Wealth PLAN Inc. purchased a new position in shares of Procter & Gamble Company (The) in the first quarter valued at $184,000. Finally, Watermark Asset Management Inc. purchased a new position in shares of Procter & Gamble Company (The) in the first quarter valued at $201,000. 59.30% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, SVP Valarie L. Sheppard sold 20,175 shares of the stock in a transaction dated 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 document filed with the SEC, which is available at this link. Also, CEO David S. Taylor sold 6,382 shares of the stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $587,399.28. Following the transaction, the chief executive officer now directly owns 134,884 shares in the company, valued at approximately $12,414,723.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 45,792 shares of company stock worth $4,216,070. Corporate insiders own 0.35% of the company’s stock.

Procter & Gamble Company (PG) traded up 0.4946% during midday trading on Wednesday, hitting $92.5756. The stock had a trading volume of 2,749,390 shares. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.67. The stock has a market cap of $236.07 billion, a P/E ratio of 16.5520 and a beta of 0.67. The company’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 issued its quarterly earnings data on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.07. The firm had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.97%. Procter & Gamble Company (The)’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 earnings per share. On average, equities research analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

Several research firms have recently issued reports on PG. Jefferies Group LLC reaffirmed a “buy” rating and set a $104.00 price target (up previously from $103.00) on shares of Procter & Gamble Company (The) in a research note on Wednesday, September 20th. Macquarie started coverage on shares of Procter & Gamble Company (The) in a research note on Thursday, September 14th. They issued an “outperform” rating and a $102.00 price objective on the stock. Vetr upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 target price for the company in a report on Friday, September 15th. Bank of America Corporation lifted their target price on shares of Procter & Gamble Company (The) from $98.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $80.00 target price on shares of Procter & Gamble Company (The) in a research report on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $90.00.

Procter & Gamble Company (The) 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.

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

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