Procter & Gamble Co (PG) Shares Sold by GRT Capital Partners L.L.C.

Procter & Gamble Co (PG) Shares Sold by GRT Capital Partners L.L.C.

GRT Capital Partners L.L.C. cut its position in Procter & Gamble Co (NYSE:PG) by 18.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,935 shares of the company’s stock after selling 1,149 shares during the period. GRT Capital Partners L.L.C.’s holdings in Procter & Gamble Co were worth $415,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State Street Corp increased its position in Procter & Gamble Co by 0.9% in the fourth quarter. State Street Corp now owns 117,814,233 shares of the company’s stock worth $9,905,824,000 after buying an additional 1,102,516 shares in the last quarter. Bank of New York Mellon Corp increased its position in Procter & Gamble Co by 0.3% in the third quarter. Bank of New York Mellon Corp now owns 41,540,032 shares of the company’s stock worth $3,728,219,000 after buying an additional 105,964 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Procter & Gamble Co by 0.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 14,964,441 shares of the company’s stock worth $1,343,059,000 after buying an additional 62,847 shares in the last quarter. California Public Employees Retirement System increased its position in Procter & Gamble Co by 3.5% in the third quarter. California Public Employees Retirement System now owns 7,165,855 shares of the company’s stock worth $643,136,000 after buying an additional 242,600 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its position in Procter & Gamble Co by 1.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,950,051 shares of the company’s stock worth $534,017,000 after buying an additional 59,015 shares in the last quarter. Institutional investors and hedge funds own 68.33% of the company’s stock.

Shares of Procter & Gamble Co (NYSE:PG) opened at 91.00 on Friday. The company has a 50-day moving average of $89.77 and a 200 day moving average of $86.86. The firm has a market cap of $232.64 billion, a P/E ratio of 16.67 and a beta of 0.64. Procter & Gamble Co has a 12-month low of $79.10 and a 12-month high of $92.00.

Procter & Gamble Co (NYSE:PG) last released its quarterly earnings data on Friday, January 20th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.02. Procter & Gamble Co had a return on equity of 18.58% and a net margin of 23.44%. The firm earned $16.90 billion during the quarter. During the same quarter in the prior year, the company earned $1.04 earnings per share. The business’s revenue was down .3% compared to the same quarter last year. Equities analysts predict that Procter & Gamble Co will post $3.84 EPS for the current year.

A number of equities analysts have commented on the stock. B. Riley reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Procter & Gamble Co in a report on Saturday, November 26th. Barclays PLC set a $93.00 price objective on shares of Procter & Gamble Co and gave the stock a “hold” rating in a report on Saturday, February 18th. Goldman Sachs Group Inc downgraded shares of Procter & Gamble Co from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $86.00 to $77.00 in a report on Monday, January 9th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $90.00 price objective on shares of Procter & Gamble Co in a report on Thursday, February 16th. Finally, Vetr downgraded shares of Procter & Gamble Co from a “buy” rating to a “hold” rating and set a $87.49 price objective for the company. in a report on Monday, December 19th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. Procter & Gamble Co currently has a consensus rating of “Hold” and a consensus price target of $90.79.

In other Procter & Gamble Co news, insider Marc S. Pritchard sold 47,252 shares of the stock in a transaction on Monday, January 23rd. The stock was sold at an average price of $87.14, for a total transaction of $4,117,539.28. Following the completion of the transaction, the insider now directly owns 151,643 shares in the company, valued at $13,214,171.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Valarie L. Sheppard sold 20,910 shares of the stock in a transaction on Monday, January 23rd. The stock was sold at an average price of $87.00, for a total value of $1,819,170.00. Following the transaction, the senior vice president now owns 37,835 shares of the company’s stock, valued at $3,291,645. The disclosure for this sale can be found here. Insiders have sold 401,936 shares of company stock valued at $35,928,133 over the last quarter. 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.

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