Procter & Gamble Co (NYSE:PG) Shares Sold by Stonehage Fleming Financial Services Holdings Ltd

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Stonehage Fleming Financial Services Holdings Ltd decreased its holdings in Procter & Gamble Co (NYSE:PG) by 94.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,250 shares of the company’s stock after selling 21,408 shares during the period. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Procter & Gamble were worth $149,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PG. State Street Corp raised its stake in shares of Procter & Gamble by 0.9% during the first quarter. State Street Corp now owns 118,284,669 shares of the company’s stock valued at $13,011,314,000 after purchasing an additional 1,086,517 shares during the period. Wellington Management Group LLP raised its stake in shares of Procter & Gamble by 10.2% during the first quarter. Wellington Management Group LLP now owns 28,092,901 shares of the company’s stock valued at $3,090,220,000 after purchasing an additional 2,609,549 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Procter & Gamble by 1.9% during the second quarter. Bank of New York Mellon Corp now owns 25,520,174 shares of the company’s stock valued at $3,051,447,000 after purchasing an additional 487,686 shares during the period. FMR LLC raised its stake in shares of Procter & Gamble by 8.0% during the second quarter. FMR LLC now owns 23,587,275 shares of the company’s stock valued at $2,820,331,000 after purchasing an additional 1,737,306 shares during the period. Finally, Morgan Stanley raised its stake in shares of Procter & Gamble by 54.8% during the first quarter. Morgan Stanley now owns 20,883,111 shares of the company’s stock valued at $2,297,142,000 after purchasing an additional 7,392,929 shares during the period. Hedge funds and other institutional investors own 62.81% of the company’s stock.

A number of brokerages recently issued reports on PG. Deutsche Bank lifted their price target on shares of Procter & Gamble from $133.00 to $138.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Barclays restated a “buy” rating on shares of Procter & Gamble in a research note on Sunday, August 2nd. Morgan Stanley restated a “buy” rating and issued a $144.00 price target on shares of Procter & Gamble in a research note on Tuesday, August 18th. SunTrust Banks lifted their price target on shares of Procter & Gamble from $115.00 to $120.00 in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group lifted their price target on shares of Procter & Gamble from $140.00 to $148.00 and gave the stock a “buy” rating in a research note on Monday, July 27th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $133.67.

In related news, insider Mary Theresa Grabowski sold 21,431 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $130.00, for a total value of $2,786,030.00. Following the completion of the sale, the insider now owns 55,013 shares of the company’s stock, valued at $7,151,690. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David S. Taylor sold 30,000 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $130.22, for a total transaction of $3,906,600.00. Following the completion of the sale, the chief executive officer now directly owns 273,429 shares of the company’s stock, valued at approximately $35,605,924.38. The disclosure for this sale can be found here. In the last three months, insiders have sold 272,757 shares of company stock valued at $36,738,374. Corporate insiders own 0.70% of the company’s stock.

Procter & Gamble stock traded down $0.01 during mid-day trading on Tuesday, reaching $138.62. The company’s stock had a trading volume of 201,790 shares, compared to its average volume of 8,735,884. Procter & Gamble Co has a twelve month low of $94.34 and a twelve month high of $141.70. The firm has a market cap of $345.14 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 3.45 and a beta of 0.43. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 0.51. The business has a 50 day moving average price of $135.14 and a 200-day moving average price of $121.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.15. Procter & Gamble had a net margin of 18.36% and a return on equity of 29.53%. The company had revenue of $17.70 billion during the quarter, compared to the consensus estimate of $16.97 billion. During the same quarter in the previous year, the company posted $1.10 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. On average, equities analysts expect that Procter & Gamble Co will post 5.4 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a dividend of $0.7907 per share. This represents a $3.16 annualized dividend and a dividend yield of 2.28%. The ex-dividend date was Thursday, July 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 61.72%.

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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