Investors Asset Management of Georgia Inc. GA ADV Has $931,000 Stake in The Procter & Gamble Company (NYSE:PG)

Investors Asset Management of Georgia Inc. GA ADV reduced its position in shares of The Procter & Gamble Company (NYSE:PG) by 1.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,697 shares of the company’s stock after selling 75 shares during the period. Investors Asset Management of Georgia Inc. GA ADV’s holdings in The Procter & Gamble were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Capital Planning Advisors LLC increased its stake in The Procter & Gamble by 2.7% in the second quarter. Capital Planning Advisors LLC now owns 2,973 shares of the company’s stock valued at $355,000 after acquiring an additional 77 shares during the last quarter. MPS Loria Financial Planners LLC boosted its holdings in shares of The Procter & Gamble by 2.6% in the 3rd quarter. MPS Loria Financial Planners LLC now owns 3,133 shares of the company’s stock valued at $435,000 after purchasing an additional 79 shares in the last quarter. Cadinha & Co. LLC increased its stake in shares of The Procter & Gamble by 1.4% in the 2nd quarter. Cadinha & Co. LLC now owns 5,606 shares of the company’s stock valued at $670,000 after purchasing an additional 80 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its holdings in shares of The Procter & Gamble by 0.5% during the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 16,728 shares of the company’s stock worth $2,000,000 after buying an additional 80 shares in the last quarter. Finally, Mosaic Family Wealth LLC lifted its position in shares of The Procter & Gamble by 1.2% during the 2nd quarter. Mosaic Family Wealth LLC now owns 6,804 shares of the company’s stock worth $814,000 after buying an additional 81 shares during the last quarter. 62.81% of the stock is owned by institutional investors and hedge funds.

A number of research firms have issued reports on PG. Deutsche Bank Aktiengesellschaft lifted their target price on The Procter & Gamble from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. Jefferies Financial Group lifted their price target on shares of The Procter & Gamble from $153.00 to $166.00 and gave the company a “buy” rating in a report on Monday, October 12th. SunTrust Banks increased their price objective on shares of The Procter & Gamble from $115.00 to $120.00 in a research note on Wednesday, July 22nd. Barclays reaffirmed a “buy” rating on shares of The Procter & Gamble in a research note on Sunday, August 2nd. Finally, Morgan Stanley increased their price target on The Procter & Gamble from $144.00 to $158.00 and gave the company an “overweight” rating in a research note on Monday, October 5th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $137.87.

In other news, CFO Jon R. Moeller sold 81,755 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $136.18, for a total value of $11,133,395.90. Also, VP Valarie L. Sheppard sold 2,922 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $136.53, for a total value of $398,940.66. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 272,757 shares of company stock valued at $36,738,374. 0.70% of the stock is currently owned by corporate insiders.

Shares of PG stock opened at $144.39 on Friday. The Procter & Gamble Company has a 1-year low of $94.34 and a 1-year high of $145.87. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 0.51. The stock has a market cap of $359.48 billion, a price-to-earnings ratio of 29.11, a PEG ratio of 3.45 and a beta of 0.43. The stock has a 50-day moving average of $138.93 and a 200-day moving average of $125.52.

The Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, July 30th. The company reported $1.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.15. The Procter & Gamble had a return on equity of 29.53% and a net margin of 18.36%. The business had revenue of $17.70 billion for the quarter, compared to analysts’ expectations of $16.97 billion. During the same period in the prior year, the business posted $1.10 earnings per share. The firm’s revenue was up 3.5% on a year-over-year basis. Sell-side analysts forecast that The Procter & Gamble Company will post 5.4 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be paid a $0.7907 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, October 22nd. The Procter & Gamble’s dividend payout ratio is currently 61.72%.

About The Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It operates in five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care.

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

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