Procter & Gamble Company (The) (PG) Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 11.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,386 shares of the company’s stock after selling 8,337 shares during the period. Sigma Planning Corp’s holdings in Procter & Gamble Company (The) were worth $5,437,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Manhattan Co. raised its holdings in shares of Procter & Gamble Company (The) by 16.3% during the first quarter. First Manhattan Co. now owns 658,581 shares of the company’s stock worth $59,108,000 after acquiring an additional 92,513 shares in the last quarter. GW Henssler & Associates Ltd. raised its holdings in shares of Procter & Gamble Company (The) by 0.4% during the first quarter. GW Henssler & Associates Ltd. now owns 145,191 shares of the company’s stock worth $13,045,000 after acquiring an additional 620 shares in the last quarter. Westbourne Investment Advisors Inc. raised its holdings in shares of Procter & Gamble Company (The) by 7.8% during the first quarter. Westbourne Investment Advisors Inc. now owns 17,955 shares of the company’s stock worth $1,613,000 after acquiring an additional 1,300 shares in the last quarter. Harwood Advisory Group LLC raised its holdings in shares of Procter & Gamble Company (The) by 2.6% during the first quarter. Harwood Advisory Group LLC now owns 47,923 shares of the company’s stock worth $4,306,000 after acquiring an additional 1,229 shares in the last quarter. Finally, Korea Investment CORP raised its holdings in shares of Procter & Gamble Company (The) by 9.2% during the first quarter. Korea Investment CORP now owns 2,229,376 shares of the company’s stock worth $200,309,000 after acquiring an additional 187,892 shares in the last quarter. Institutional investors own 59.73% of the company’s stock.

Several brokerages recently issued reports on PG. Vetr lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating and set a $90.38 price objective for the company. in a report on Tuesday, November 7th. Morgan Stanley cut their price objective on Procter & Gamble Company (The) from $91.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, October 24th. Royal Bank Of Canada reiterated a “buy” rating on shares of Procter & Gamble Company (The) in a report on Monday, October 23rd. Stifel Nicolaus set a $87.00 price objective on Procter & Gamble Company (The) and gave the stock a “hold” rating in a report on Friday, October 20th. Finally, Zacks Investment Research lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $88.69.

WARNING: This news story was first posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://transcriptdaily.com/2017/11/15/procter-gamble-company-the-pg-shares-sold-by-sigma-planning-corp.html.

Shares of Procter & Gamble Company (NYSE PG) opened at $88.87 on Wednesday. The stock has a market capitalization of $225,789.27, a PE ratio of 22.36, a PEG ratio of 2.87 and a beta of 0.66. Procter & Gamble Company has a 1 year low of $81.18 and a 1 year high of $94.67. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.91 and a quick ratio of 0.75.

Procter & Gamble Company (The) (NYSE:PG) last issued its quarterly earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.02. The company had revenue of $16.65 billion for the quarter, compared to the consensus estimate of $16.69 billion. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The firm’s revenue was up .8% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. sell-side analysts predict that Procter & Gamble Company will post 4.16 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Friday, October 20th will be given a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Thursday, October 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 48.51%.

In related news, insider Carolyn M. Tastad sold 5,300 shares of Procter & Gamble Company (The) stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $89.18, for a total transaction of $472,654.00. Following the sale, the insider now directly owns 57,191 shares of the company’s stock, valued at $5,100,293.38. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Valarie L. Sheppard sold 20,175 shares of Procter & Gamble Company (The) stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $92.65, for a total value of $1,869,213.75. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,694 shares of company stock worth $2,987,000. 0.35% of the stock is owned by company insiders.

Procter & Gamble Company (The) Profile

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG).

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

Receive News & Ratings for Procter & Gamble Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply