Stelac Advisory Services LLC lifted its position in Procter & Gamble Co (NYSE:PG) by 21.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,833 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Procter & Gamble comprises approximately 1.2% of Stelac Advisory Services LLC’s portfolio, making the stock its 15th largest holding. Stelac Advisory Services LLC’s holdings in Procter & Gamble were worth $4,436,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. HRT Financial LLC purchased a new position in Procter & Gamble in the fourth quarter worth $914,000. IHT Wealth Management LLC grew its position in Procter & Gamble by 6.1% in the first quarter. IHT Wealth Management LLC now owns 16,982 shares of the company’s stock worth $1,314,000 after acquiring an additional 981 shares in the last quarter. Garland Capital Management Inc. grew its position in Procter & Gamble by 1.3% in the second quarter. Garland Capital Management Inc. now owns 57,592 shares of the company’s stock worth $4,495,000 after acquiring an additional 730 shares in the last quarter. Park National Corp OH grew its position in Procter & Gamble by 4.1% in the second quarter. Park National Corp OH now owns 434,144 shares of the company’s stock worth $33,889,000 after acquiring an additional 16,931 shares in the last quarter. Finally, TNB Financial grew its position in Procter & Gamble by 4.6% in the second quarter. TNB Financial now owns 138,374 shares of the company’s stock worth $10,802,000 after acquiring an additional 6,038 shares in the last quarter. 58.36% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Kathleen B. Fish sold 10,342 shares of the stock in a transaction dated Friday, August 31st. The shares were sold at an average price of $83.20, for a total transaction of $860,454.40. Following the completion of the sale, the insider now directly owns 16,382 shares in the company, valued at $1,362,982.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Valarie L. Sheppard sold 27,000 shares of the stock in a transaction dated Wednesday, August 1st. The stock was sold at an average price of $80.66, for a total transaction of $2,177,820.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,186 shares of company stock valued at $12,080,849. 1.84% of the stock is currently owned by company insiders.

Several research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Monday, October 8th. Bank of America upped their price target on shares of Procter & Gamble from $82.00 to $89.00 and gave the company a “neutral” rating in a research report on Thursday, October 4th. Atlantic Securities started coverage on shares of Procter & Gamble in a research report on Thursday, September 20th. They set an “overweight” rating and a $94.00 price target for the company. ValuEngine upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. Finally, Wells Fargo & Co restated a “hold” rating and set a $78.00 price target on shares of Procter & Gamble in a research report on Thursday, August 16th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Procter & Gamble has an average rating of “Hold” and an average target price of $84.53.

Shares of Procter & Gamble stock traded up $0.19 during trading on Friday, reaching $79.06. 9,863,043 shares of the stock were exchanged, compared to its average volume of 8,832,482. The company has a current ratio of 0.83, a quick ratio of 0.66 and a debt-to-equity ratio of 0.40. The firm has a market cap of $209.82 billion, a P/E ratio of 18.73, a P/E/G ratio of 2.68 and a beta of 0.59. Procter & Gamble Co has a 1 year low of $70.73 and a 1 year high of $93.51.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Friday, October 19th will be issued a dividend of $0.7172 per share. The ex-dividend date of this dividend is Thursday, October 18th. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.63%. Procter & Gamble’s dividend payout ratio is currently 68.01%.

Procter & Gamble 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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