Berkeley Capital Partners LLC Has $232,000 Stake in Procter & Gamble Co (NYSE:PG)

Berkeley Capital Partners LLC decreased its holdings in Procter & Gamble Co (NYSE:PG) by 58.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,552 shares of the company’s stock after selling 3,596 shares during the quarter. Berkeley Capital Partners LLC’s holdings in Procter & Gamble were worth $232,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Asset Planning Services Ltd. lifted its holdings in shares of Procter & Gamble by 0.4% in the second quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock valued at $104,000 after buying an additional 5 shares during the period. Winfield Associates Inc. lifted its holdings in shares of Procter & Gamble by 0.7% in the second quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock valued at $197,000 after buying an additional 15 shares during the period. Cascade Investment Advisors Inc. lifted its holdings in shares of Procter & Gamble by 0.5% in the second quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock valued at $296,000 after buying an additional 17 shares during the period. Iron Financial LLC lifted its holdings in shares of Procter & Gamble by 0.8% in the second quarter. Iron Financial LLC now owns 3,342 shares of the company’s stock valued at $291,000 after buying an additional 25 shares during the period. Finally, Davis Rea Ltd. lifted its holdings in shares of Procter & Gamble by 0.7% in the second quarter. Davis Rea Ltd. now owns 3,815 shares of the company’s stock valued at $332,000 after buying an additional 25 shares during the period. 59.85% of the stock is owned by institutional investors.

Procter & Gamble Co (NYSE PG) opened at $80.68 on Thursday. The firm has a market capitalization of $203,390.00, a price-to-earnings ratio of 21.81, a P/E/G ratio of 2.54 and a beta of 0.51. Procter & Gamble Co has a 52-week low of $78.59 and a 52-week high of $94.67. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.41.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.05. The firm had revenue of $17.40 billion for the quarter, compared to analyst estimates of $17.39 billion. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. Procter & Gamble’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.08 earnings per share. equities analysts predict that Procter & Gamble Co will post 4.2 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Friday, January 19th will be given a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a yield of 3.42%. The ex-dividend date of this dividend is Thursday, January 18th. Procter & Gamble’s payout ratio is 74.59%.

In other Procter & Gamble news, insider Ioannis Skoufalos sold 2,880 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $88.75, for a total value of $255,600.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kathleen B. Fish sold 10,192 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $86.97, for a total value of $886,398.24. The disclosure for this sale can be found here. Insiders have sold 70,681 shares of company stock worth $6,266,735 over the last three months. 0.35% of the stock is owned by insiders.

Several analysts have recently weighed in on PG shares. Zacks Investment Research lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Stifel Nicolaus set a $87.00 price objective on Procter & Gamble and gave the company a “hold” rating in a report on Friday, October 20th. Vetr raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 target price for the company in a report on Monday, October 23rd. Royal Bank of Canada reaffirmed a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Finally, Morgan Stanley reduced their target price on Procter & Gamble from $91.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $88.38.

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About Procter & Gamble

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.

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

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