Nottingham Advisors Inc. Buys 3,340 Shares of Procter & Gamble Company (The) (PG)

Nottingham Advisors Inc. grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 59.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,932 shares of the company’s stock after buying an additional 3,340 shares during the period. Nottingham Advisors Inc.’s holdings in Procter & Gamble were worth $813,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Procter & Gamble by 2.3% during the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after acquiring an additional 4,066,266 shares during the period. BlackRock Inc. lifted its stake in shares of Procter & Gamble by 1.4% during the second quarter. BlackRock Inc. now owns 156,361,011 shares of the company’s stock worth $13,626,862,000 after purchasing an additional 2,164,426 shares in the last quarter. Trian Fund Management L.P. lifted its stake in shares of Procter & Gamble by 2.4% during the second quarter. Trian Fund Management L.P. now owns 37,612,012 shares of the company’s stock worth $3,277,887,000 after purchasing an additional 893,157 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Procter & Gamble by 8.1% during the second quarter. American Century Companies Inc. now owns 12,490,795 shares of the company’s stock worth $1,088,573,000 after purchasing an additional 934,179 shares in the last quarter. Finally, Capital Research Global Investors lifted its stake in shares of Procter & Gamble by 74.2% during the second quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock worth $1,079,710,000 after purchasing an additional 5,278,359 shares in the last quarter. 59.56% of the stock is owned by institutional investors.

Procter & Gamble Company (NYSE:PG) opened at $92.48 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.91 and a debt-to-equity ratio of 0.37. Procter & Gamble Company has a one year low of $83.24 and a one year high of $94.67. The company has a market capitalization of $233,730.00, a PE ratio of 24.73, a P/E/G ratio of 2.96 and a beta of 0.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 20th. The company reported $1.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.02. The business had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble had a return on equity of 20.35% and a net margin of 23.72%. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 earnings per share. analysts forecast that Procter & Gamble Company will post 4.17 EPS for the current year.

A number of research analysts have commented on the company. Jefferies Group restated a “buy” rating and set a $104.00 price objective (up previously from $103.00) on shares of Procter & Gamble in a research note on Wednesday, September 20th. Vetr upgraded Procter & Gamble from a “sell” rating to a “hold” rating and set a $93.02 price objective on the stock in a research note on Friday, September 15th. Macquarie assumed coverage on Procter & Gamble in a research note on Thursday, September 14th. They set an “outperform” rating and a $102.00 price objective on the stock. Bank of America boosted their price objective on Procter & Gamble from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Finally, Zacks Investment Research cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $88.57.

In related news, insider Marylynn Fergusonmchugh sold 4,363 shares of the business’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $87.00, for a total value of $379,581.00. Following the completion of the sale, the insider now directly owns 85,495 shares of the company’s stock, valued at $7,438,065. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider R. Alexandra Keith sold 1,298 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total value of $115,664.78. Following the completion of the sale, the insider now directly owns 20,135 shares of the company’s stock, valued at $1,794,229.85. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,575 shares of company stock valued at $1,927,095. 0.35% of the stock is owned by corporate insiders.

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Procter & Gamble 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 (NYSE:PG)

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