Procter & Gamble Company (The) (NYSE:PG) Shares Sold by Pioneer Trust Bank N A OR

Pioneer Trust Bank N A OR trimmed its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 3.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,454 shares of the company's stock after selling 1,939 shares during the period. Procter & Gamble comprises approximately 2.2% of Pioneer Trust Bank N A OR's holdings, making the stock its 16th biggest holding. Pioneer Trust Bank N A OR's holdings in Procter & Gamble were worth $8,258,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in Procter & Gamble by 493.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock worth $57,294,000 after buying an additional 284,174 shares in the last quarter. Proficio Capital Partners LLC lifted its position in Procter & Gamble by 50.4% in the 4th quarter. Proficio Capital Partners LLC now owns 10,360 shares of the company's stock worth $1,737,000 after buying an additional 3,472 shares in the last quarter. one8zero8 LLC purchased a new stake in Procter & Gamble in the 4th quarter worth approximately $2,382,000. Finally, Hutchinson Capital Management CA lifted its position in Procter & Gamble by 0.8% in the 4th quarter. Hutchinson Capital Management CA now owns 10,403 shares of the company's stock worth $1,744,000 after buying an additional 82 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Down 1.0%

Procter & Gamble stock opened at $156.95 on Monday. The stock has a market capitalization of $367.98 billion, a PE ratio of 24.91, a price-to-earnings-growth ratio of 4.47 and a beta of 0.40. Procter & Gamble Company has a twelve month low of $155.95 and a twelve month high of $180.43. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $161.77 and a 200-day moving average of $164.88.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The business had revenue of $19.78 billion during the quarter, compared to analysts' expectations of $20.42 billion. During the same quarter in the prior year, the company posted $1.52 earnings per share. The firm's revenue was down 2.1% on a year-over-year basis. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, July 18th will be paid a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.69%. Procter & Gamble's payout ratio is 67.14%.

Insider Transactions at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $158.67, for a total value of $1,669,208.40. Following the sale, the insider directly owned 25,182 shares in the company, valued at approximately $3,995,627.94. This trade represents a 29.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jennifer L. Davis sold 1,000 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total transaction of $161,380.00. Following the sale, the chief executive officer owned 51,965 shares in the company, valued at approximately $8,386,111.70. This represents a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company's stock.

Analyst Upgrades and Downgrades

PG has been the subject of a number of research analyst reports. Royal Bank Of Canada upgraded shares of Procter & Gamble from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $164.00 to $177.00 in a research report on Friday, April 25th. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Evercore ISI restated an "outperform" rating and set a $190.00 price target (up previously from $170.00) on shares of Procter & Gamble in a research note on Tuesday, June 3rd. Erste Group Bank lowered shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Finally, Citigroup dropped their price target on shares of Procter & Gamble from $200.00 to $181.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus price target of $178.45.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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