Assenagon Asset Administration S.A. grew its stake in shares of The Procter & Gamble Firm (NYSE:PG – Free Report) by 25.9% throughout the third quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Change Fee. The fund owned 1,257,424 shares of the corporate’s inventory after shopping for a further 258,685 shares throughout the interval. Assenagon Asset Administration S.A. owned roughly 0.05% of Procter & Gamble value $217,786,000 as of its most up-to-date submitting with the Securities and Change Fee.
Different institutional buyers additionally lately modified their holdings of the corporate. Itau Unibanco Holding S.A. purchased a brand new stake in shares of Procter & Gamble within the 2nd quarter valued at $28,000. Fairway Wealth LLC acquired a brand new stake in shares of Procter & Gamble throughout the second quarter value about $29,000. Ruedi Wealth Administration Inc. lifted its holdings in shares of Procter & Gamble by 64.7% throughout the 1st quarter. Ruedi Wealth Administration Inc. now owns 196 shares of the corporate’s inventory valued at $32,000 after buying a further 77 shares within the final quarter. POM Funding Methods LLC acquired a brand new place in shares of Procter & Gamble within the 2nd quarter valued at roughly $34,000. Lastly, Quest Companions LLC purchased a brand new stake in Procter & Gamble throughout the 2nd quarter value roughly $36,000. 65.77% of the inventory is at the moment owned by institutional buyers and hedge funds.
Analyst Upgrades and Downgrades
PG has been the subject of a lot of analysis studies. Hsbc International Res raised shares of Procter & Gamble to a “strong-buy” score in a analysis word on Friday, October 4th. DZ Financial institution raised shares of Procter & Gamble from a “maintain” score to a “purchase” score and set a $190.00 goal value for the corporate in a analysis word on Thursday, August twenty ninth. Morgan Stanley lifted their value goal on Procter & Gamble from $174.00 to $191.00 and gave the corporate an “chubby” score in a analysis word on Monday. StockNews.com minimize Procter & Gamble from a “purchase” score to a “maintain” score in a analysis report on Thursday, August 1st. Lastly, TD Cowen initiated protection on Procter & Gamble in a analysis report on Tuesday, July twenty third. They issued a “purchase” score and a $189.00 goal value on the inventory. 9 equities analysis analysts have rated the inventory with a maintain score, 13 have given a purchase score and two have assigned a powerful purchase score to the corporate. Based mostly on knowledge from MarketBeat.com, Procter & Gamble presently has a consensus score of “Reasonable Purchase” and a mean value goal of $177.00.
View Our Newest Evaluation on Procter & Gamble
Procter & Gamble Inventory Up 0.0 %
PG opened at $169.64 on Friday. The inventory’s fifty day easy transferring common is $171.88 and its 200 day easy transferring common is $167.45. The Procter & Gamble Firm has a 1-year low of $142.50 and a 1-year excessive of $177.94. The inventory has a market cap of $399.51 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of three.67 and a beta of 0.41. The corporate has a present ratio of 0.75, a fast ratio of 0.55 and a debt-to-equity ratio of 0.50.
Procter & Gamble (NYSE:PG – Get Free Report) final issued its quarterly earnings knowledge on Friday, October 18th. The corporate reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.03. The corporate had income of $21.74 billion for the quarter, in comparison with analyst estimates of $21.99 billion. Procter & Gamble had a web margin of 17.07% and a return on fairness of 33.25%. The corporate’s income was down .6% on a year-over-year foundation. Throughout the identical interval within the prior 12 months, the agency earned $1.83 earnings per share. As a gaggle, analysis analysts count on that The Procter & Gamble Firm will submit 6.94 earnings per share for the present 12 months.
Procter & Gamble Pronounces Dividend
The corporate additionally lately disclosed a quarterly dividend, which will likely be paid on Friday, November fifteenth. Stockholders of report on Friday, October 18th will likely be issued a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized foundation and a dividend yield of two.37%. The ex-dividend date is Friday, October 18th. Procter & Gamble’s dividend payout ratio is presently 69.48%.
Insider Exercise
In associated information, insider Susan Road Whaley bought 634 shares of the enterprise’s inventory in a transaction on Wednesday, October 2nd. The inventory was bought at a mean value of $171.65, for a complete worth of $108,826.10. Following the completion of the sale, the insider now straight owns 19,341 shares within the firm, valued at $3,319,882.65. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the SEC, which is on the market by means of the SEC web site. In different Procter & Gamble information, insider Susan Road Whaley bought 634 shares of Procter & Gamble inventory in a transaction dated Wednesday, October 2nd. The shares have been bought at a mean value of $171.65, for a complete worth of $108,826.10. Following the completion of the sale, the insider now owns 19,341 shares within the firm, valued at $3,319,882.65. The commerce was a 0.00 % lower of their place. The sale was disclosed in a doc filed with the Securities & Change Fee, which is on the market by means of the SEC web site. Additionally, insider Balaji Purushothaman bought 8,842 shares of the enterprise’s inventory in a transaction dated Thursday, August 1st. The shares have been bought at a mean value of $164.90, for a complete transaction of $1,458,045.80. Following the completion of the sale, the insider now straight owns 11,537 shares of the corporate’s inventory, valued at $1,902,451.30. This represents a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. Over the past quarter, insiders have bought 385,186 shares of firm inventory valued at $65,479,358. 0.18% of the inventory is owned by insiders.
Procter & Gamble Firm Profile
The Procter & Gamble Firm engages within the provision of branded client packaged items worldwide. The corporate operates by means of 5 segments: Magnificence; Grooming; Well being Care; Material & House Care; and Child, Female & Household Care. The Magnificence phase affords conditioners, shampoos, styling aids, and coverings underneath the Head & Shoulders, Natural Essences, Pantene, and Rejoice manufacturers; and antiperspirants and deodorants, private cleaning, and skincare merchandise underneath the Olay, Previous Spice, Safeguard, Secret, SK-II, and Native manufacturers.
Really useful Tales
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