The Gulf International Bank UK Ltd Purchases 13,280 Shares of Procter & Gamble Co (PG)

The Gulf International Bank UK Ltd Purchases 13,280 Shares of Procter & Gamble Co (PG)

Several other hedge funds have also recently modified their holdings of PG. Aviva PLC boosted its stake in shares of Procter & Gamble Co by 3.7% in the fourth quarter. Aviva PLC now owns 1,968,906 shares of the company’s stock worth $165,782,000 after buying an additional 70,171 shares during the last quarter. Diversified Trust Co raised its position in shares of Procter & Gamble Co by 0.5% in the third quarter. Diversified Trust Co now owns 20,866 shares of the company’s stock worth $1,873,000 after buying an additional 109 shares during the period. Integrated Investment Consultants LLC raised its stake in shares of Procter & Gamble Co by 1.1% in the first quarter. Integrated Investment Consultants LLC now owns 14,017 shares of the company’s stock valued at $1,259,000 after buying an additional 150 shares during the period. Accident Compensation Corp raised its stake in shares of Procter & Gamble Co by 9.9% in the third quarter. Accident Compensation Corp now owns 51,186 shares of the company’s stock valued at $4,594,000 after buying an additional 4,606 shares during the period. Finally, MML Investors Services LLC acquired a new stake in shares of Procter & Gamble Co during the fourth quarter valued at about $277,000. Institutional investors and hedge funds own 68.33% of the company’s stock.

Gulf International Bank UK Ltd boosted its position in Procter & Gamble Co (NYSE:PG) by 1.7% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 795,928 shares of the company’s stock after buying an additional 13,280 shares during the period. Procter & Gamble Co comprises about 1.0% of Gulf International Bank UK Ltd’s holdings, making the stock its 14th largest position. Gulf International Bank UK Ltd’s holdings in Procter & Gamble Co were worth $71,514,000 at the end of the most recent reporting period.

Procter & Gamble Co (NYSE PG) opened at 88.59 on Monday. Procter & Gamble Co has a 52-week low of $80.95 and a 52-week high of $92.00. The company has a market cap of $226.58 billion, a PE ratio of 16.29 and a beta of 0.64. The firm’s 50-day moving average price is $87.40 and its 200 day moving average price is $87.26.

Procter & Gamble Co (NYSE:PG) last announced its earnings results on Wednesday, April 26th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The business had revenue of $15.61 billion for the quarter, compared to analyst estimates of $15.70 billion. Procter & Gamble Co had a return on equity of 18.58% and a net margin of 23.44%. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.86 EPS. On average, equities analysts predict that Procter & Gamble Co will post $3.85 EPS for the current fiscal year. The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Friday, April 21st were paid a $0.6896 dividend. This is a positive change from Procter & Gamble Co’s previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend was Wednesday, April 19th. Procter & Gamble Co’s dividend payout ratio is currently 48.73%.

Several brokerages have recently commented on PG. Vetr downgraded shares of Procter & Gamble Co from a “hold” rating to a “sell” rating and set a $84.90 target price on the stock. in a research note on Tuesday, February 14th. Jefferies Group LLC upped their price target on shares of Procter & Gamble Co from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Wednesday, February 15th. Deutsche Bank AG restated a “hold” rating and set a $90.00 target price on shares of Procter & Gamble Co in a research report on Thursday, February 16th. Barclays PLC set a $93.00 target price on shares of Procter & Gamble Co and gave the company a “hold” rating in a research report on Saturday, February 18th. Finally, Evercore ISI restated an “underweight” rating on shares of Procter & Gamble Co in a research report on Monday, February 27th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Procter & Gamble Co presently has a consensus rating of “Hold” and a consensus target price of $92.90. In other news, insider Ioannis Skoufalos sold 3,879 shares of the stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $86.17, for a total transaction of $334,253.43. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Patrice Louvet sold 29,621 shares of the stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $86.01, for a total value of $2,547,702.21. Following the transaction, the insider now owns 76,651 shares in the company, valued at $6,592,752.51. The disclosure for this sale can be found here. Insiders sold a total of 199,891 shares of company stock worth $17,276,637 over the last 90 days. Corporate insiders own 0.35% of the company’s stock.

Procter & Gamble Co Company 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “PG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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