Norden Group LLC lessened its holdings in shares of The Procter & Gamble Firm (NYSE:PG – Free Report) by 3.4% throughout the 2nd quarter, Holdings Channel.com studies. The agency owned 14,964 shares of the corporate’s inventory after promoting 532 shares throughout the interval. Norden Group LLC’s holdings in Procter & Gamble have been price $2,468,000 on the finish of the newest reporting interval.
Different hedge funds and different institutional traders additionally not too long ago made modifications to their positions within the firm. SRS Capital Advisors Inc. elevated its holdings in shares of Procter & Gamble by 28.4% within the second quarter. SRS Capital Advisors Inc. now owns 4,431 shares of the corporate’s inventory valued at $731,000 after buying a further 981 shares within the final quarter. Oxbow Advisors LLC boosted its place in Procter & Gamble by 1.6% within the 2nd quarter. Oxbow Advisors LLC now owns 9,614 shares of the corporate’s inventory valued at $1,586,000 after shopping for a further 150 shares over the past quarter. Motiv8 Investments LLC raised its place in shares of Procter & Gamble by 6.8% throughout the second quarter. Motiv8 Investments LLC now owns 5,045 shares of the corporate’s inventory price $832,000 after buying a further 321 shares over the past quarter. Chicago Capital LLC lifted its stake in shares of Procter & Gamble by 2.7% throughout the second quarter. Chicago Capital LLC now owns 36,181 shares of the corporate’s inventory valued at $5,967,000 after buying a further 955 shares throughout the interval. Lastly, Greystone Monetary Group LLC boosted its holdings in Procter & Gamble by 9.2% within the second quarter. Greystone Monetary Group LLC now owns 46,703 shares of the corporate’s inventory valued at $7,702,000 after buying a further 3,921 shares over the past quarter. 65.77% of the inventory is at present owned by institutional traders and hedge funds.
Analyst Scores Modifications
A number of analysis analysts have not too long ago issued studies on the inventory. Barclays lowered their goal value on shares of Procter & Gamble from $174.00 to $163.00 and set an “obese” ranking on the inventory in a analysis notice on Thursday, August 1st. JPMorgan Chase & Co. lowered their goal value on shares of Procter & Gamble from $181.00 to $179.00 and set an “obese” ranking for the corporate in a report on Wednesday, July thirty first. Citigroup upped their goal value on shares of Procter & Gamble from $177.00 to $190.00 and gave the corporate a “purchase” ranking in a analysis report on Wednesday, July tenth. DZ Financial institution upgraded Procter & Gamble from a “maintain” ranking to a “purchase” ranking and set a $190.00 value goal on the inventory in a analysis report on Thursday, August twenty ninth. Lastly, Wolfe Analysis upgraded Procter & Gamble to a “strong-buy” ranking in a report on Friday, August twenty third. Eight analysis analysts have rated the inventory with a maintain ranking, fourteen have assigned a purchase ranking and one has assigned a robust purchase ranking to the corporate’s inventory. In accordance with information from MarketBeat, the inventory has a consensus ranking of “Average Purchase” and a consensus goal value of $175.79.
Examine Out Our Newest Evaluation on Procter & Gamble
Procter & Gamble Buying and selling Up 0.1 %
NYSE:PG opened at $175.59 on Friday. The corporate has a fast ratio of 0.53, a present ratio of 0.73 and a debt-to-equity ratio of 0.51. The Procter & Gamble Firm has a twelve month low of $141.45 and a twelve month excessive of $177.04. The corporate has a market cap of $414.42 billion, a P/E ratio of 28.69, a price-to-earnings-growth ratio of three.72 and a beta of 0.41. The enterprise has a 50 day transferring common value of $168.26 and a two-hundred day transferring common value of $164.69.
Procter & Gamble (NYSE:PG – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, July thirtieth. The corporate reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. Procter & Gamble had a internet margin of 17.71% and a return on fairness of 33.46%. The agency had income of $20.53 billion for the quarter, in comparison with analyst estimates of $20.69 billion. Throughout the identical interval within the earlier yr, the enterprise earned $1.37 EPS. The corporate’s income was down .1% in comparison with the identical quarter final yr. As a bunch, analysts count on that The Procter & Gamble Firm will submit 6.97 EPS for the present fiscal yr.
Procter & Gamble Dividend Announcement
The enterprise additionally not too long ago declared a quarterly dividend, which was paid on Thursday, August fifteenth. Shareholders of document on Friday, July nineteenth have been paid a $1.0065 dividend. The ex-dividend date was Friday, July nineteenth. This represents a $4.03 dividend on an annualized foundation and a yield of two.29%. Procter & Gamble’s dividend payout ratio is 65.69%.
Insiders Place Their Bets
In associated information, CEO Jon R. Moeller bought 37,240 shares of the agency’s inventory in a transaction on Wednesday, August twenty eighth. The shares have been bought at a median value of $168.89, for a complete worth of $6,289,463.60. Following the completion of the transaction, the chief government officer now immediately owns 263,537 shares of the corporate’s inventory, valued at $44,508,763.93. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is accessible by this hyperlink. In different Procter & Gamble information, insider Susan Road Whaley bought 450 shares of the agency’s inventory in a transaction on Tuesday, August twentieth. The inventory was bought at a median value of $169.22, for a complete transaction of $76,149.00. Following the completion of the sale, the insider now owns 13,072 shares of the corporate’s inventory, valued at roughly $2,212,043.84. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible at the SEC web site. Additionally, CEO Jon R. Moeller bought 37,240 shares of the inventory in a transaction dated Wednesday, August twenty eighth. The shares have been bought at a median value of $168.89, for a complete transaction of $6,289,463.60. Following the completion of the transaction, the chief government officer now immediately owns 263,537 shares within the firm, valued at $44,508,763.93. The disclosure for this sale will be discovered right here. Insiders have bought 375,553 shares of firm inventory valued at $63,829,141 within the final 90 days. 0.17% of the inventory is at present owned by insiders.
About Procter & Gamble
The Procter & Gamble Firm gives branded shopper packaged items worldwide. It operates by 5 segments: Magnificence; Grooming; Well being Care; Material & Dwelling Care; and Child, Female & Household Care. The Magnificence section gives conditioners, shampoos, styling aids, and coverings beneath the Head & Shoulders, Natural Essences, Pantene, and Rejoice manufacturers; and antiperspirants and deodorants, private cleaning, and skincare merchandise beneath the Olay, Previous Spice, Safeguard, Secret, and SK-II manufacturers.
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