Procter & Gamble Company (The) (PG) Stake Decreased by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services lowered its position in Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,587 shares of the company’s stock after selling 1,048 shares during the period. Procter & Gamble Company (The) comprises about 1.7% of First National Bank of Mount Dora Trust Investment Services’ portfolio, making the stock its 29th largest position. First National Bank of Mount Dora Trust Investment Services’ holdings in Procter & Gamble Company (The) were worth $3,198,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the company. Burke & Herbert Bank & Trust Co. raised its stake in Procter & Gamble Company (The) by 7.3% in the first quarter. Burke & Herbert Bank & Trust Co. now owns 17,469 shares of the company’s stock worth $1,570,000 after buying an additional 1,195 shares during the last quarter. Douglass Winthrop Advisors LLC raised its stake in Procter & Gamble Company (The) by 0.5% in the first quarter. Douglass Winthrop Advisors LLC now owns 128,421 shares of the company’s stock worth $11,539,000 after buying an additional 700 shares during the last quarter. Grubman Wealth Management raised its stake in Procter & Gamble Company (The) by 51.2% in the first quarter. Grubman Wealth Management now owns 4,466 shares of the company’s stock worth $401,000 after buying an additional 1,512 shares during the last quarter. S&CO Inc. raised its stake in Procter & Gamble Company (The) by 15.7% in the first quarter. S&CO Inc. now owns 18,810 shares of the company’s stock worth $1,690,000 after buying an additional 2,558 shares during the last quarter. Finally, New England Research & Management Inc. raised its stake in Procter & Gamble Company (The) by 1.9% in the first quarter. New England Research & Management Inc. now owns 10,271 shares of the company’s stock worth $923,000 after buying an additional 195 shares during the last quarter. 60.23% of the stock is currently owned by hedge funds and other institutional investors.

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

Procter & Gamble Company (NYSE PG) opened at 89.66 on Friday. Procter & Gamble Company has a 12-month low of $80.95 and a 12-month high of $92.00. The firm has a market cap of $229.32 billion, a P/E ratio of 16.48 and a beta of 0.65. The firm’s 50-day moving average is $87.26 and its 200 day moving average is $87.64. Procter & Gamble Company (The) also was the target of some unusual options trading on Wednesday. Investors bought 2,865 call options on the stock. This is an increase of approximately 821% compared to the average daily volume of 311 call options.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings data on Wednesday, April 26th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.94 by $0.02. The business had revenue of $15.61 billion during the quarter, compared to analyst estimates of $15.70 billion. Procter & Gamble Company (The) had a return on equity of 19.30% and a net margin of 23.14%. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 earnings per share. Equities analysts forecast that Procter & Gamble Company will post $3.85 earnings per share for the current year.

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A number of research firms have weighed in on PG. Vetr raised shares of Procter & Gamble Company (The) from a “buy” rating to a “strong-buy” rating and set a $96.50 target price on the stock in a report on Thursday, May 18th. Stifel Nicolaus dropped their price target on shares of Procter & Gamble Company (The) from $88.00 to $87.00 and set a “hold” rating on the stock in a research report on Thursday, April 27th. Jefferies Group LLC restated a “buy” rating and issued a $103.00 price target on shares of Procter & Gamble Company (The) in a research report on Wednesday, April 26th. Royal Bank Of Canada restated a “hold” rating and issued a $80.00 price target on shares of Procter & Gamble Company (The) in a research report on Monday, April 24th. Finally, Zacks Investment Research upgraded shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $92.90.

In other Procter & Gamble Company (The) news, insider Patrice Louvet sold 3,837 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $87.00, for a total transaction of $333,819.00. Following the completion of the transaction, the insider now owns 46,913 shares of the company’s stock, valued at $4,081,431. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ioannis Skoufalos sold 3,879 shares of the firm’s stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $86.17, for a total value of $334,253.43. The disclosure for this sale can be found here. Insiders have sold 199,891 shares of company stock valued at $17,276,637 in the last three months. Insiders own 0.35% of the company’s stock.

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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