Investment Partners Ltd. OH ADV Has $1.40 Million Position in Procter & Gamble Company (The) (PG)

Investment Partners Ltd. OH ADV increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,043 shares of the company’s stock after purchasing an additional 241 shares during the quarter. Procter & Gamble Company (The) accounts for 1.3% of Investment Partners Ltd. OH ADV’s holdings, making the stock its 26th largest holding. Investment Partners Ltd. OH ADV’s holdings in Procter & Gamble Company (The) were worth $1,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Asset Planning Services Ltd. grew its stake in Procter & Gamble Company (The) by 79.7% during the 1st quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock worth $107,000 after purchasing an additional 526 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its stake in Procter & Gamble Company (The) by 11.9% during the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after purchasing an additional 170 shares in the last quarter. Edge Wealth Management LLC grew its stake in Procter & Gamble Company (The) by 17.1% during the 1st quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock worth $148,000 after purchasing an additional 240 shares in the last quarter. Feltz Wealth PLAN Inc. acquired a new position in Procter & Gamble Company (The) during the 1st quarter worth $184,000. Finally, Watermark Asset Management Inc. acquired a new position in Procter & Gamble Company (The) during the 1st quarter worth $201,000. 59.29% of the stock is owned by hedge funds and other institutional investors.

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Several research analysts recently commented on the company. Vetr raised Procter & Gamble Company (The) from a “sell” rating to a “hold” rating and set a $93.02 target price for the company in a research note on Friday. Macquarie began coverage on Procter & Gamble Company (The) in a research note on Thursday. They set an “outperform” rating and a $102.00 target price for the company. Jefferies Group LLC reaffirmed a “buy” rating and set a $103.00 price objective on shares of Procter & Gamble Company (The) in a research report on Thursday, September 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $80.00 price objective on shares of Procter & Gamble Company (The) in a research report on Wednesday, September 6th. Finally, BidaskClub raised Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $89.39.

Procter & Gamble Company (NYSE PG) traded down 0.13% during midday trading on Monday, hitting $93.15. The company had a trading volume of 2,636,164 shares. The company’s 50 day moving average is $92.20 and its 200 day moving average is $89.60. The stock has a market cap of $237.53 billion, a price-to-earnings ratio of 16.65 and a beta of 0.68. Procter & Gamble Company has a 12-month low of $81.18 and a 12-month high of $94.19.

Procter & Gamble Company (The) (NYSE:PG) last announced its earnings results on Thursday, July 27th. The company reported $0.85 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The firm had revenue of $16.08 billion for the quarter, compared to analysts’ expectations of $16.01 billion. During the same quarter in the previous year, the company earned $0.79 earnings per share. The firm’s quarterly revenue was down .1% compared to the same quarter last year. On average, equities analysts anticipate that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

In related news, insider Suranjan Magesvaran sold 10,512 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $91.00, for a total transaction of $956,592.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Vice Chairman Jon R. Moeller sold 6,063 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total value of $558,038.52. Following the sale, the insider now directly owns 120,734 shares in the company, valued at approximately $11,112,357.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,792 shares of company stock worth $4,216,070. 0.35% of the stock is owned by corporate insiders.

About Procter & Gamble Company (The)

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 Company (The) (NYSE:PG)

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