The Procter & Gamble Company (NYSE:PG) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of The Procter & Gamble Company (NYSE:PG) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,422,470 shares of the company’s stock after buying an additional 105,734 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Procter & Gamble were worth $2,844,442,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. L & S Advisors Inc grew its position in shares of Procter & Gamble by 9.9% during the third quarter. L & S Advisors Inc now owns 22,998 shares of the company’s stock worth $3,983,000 after acquiring an additional 2,069 shares during the last quarter. Pacer Advisors Inc. grew its position in Procter & Gamble by 8.4% in the 3rd quarter. Pacer Advisors Inc. now owns 241,210 shares of the company’s stock worth $41,778,000 after purchasing an additional 18,618 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Procter & Gamble by 253.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,098,946 shares of the company’s stock valued at $190,337,000 after purchasing an additional 787,926 shares during the period. Thompson Siegel & Walmsley LLC raised its holdings in shares of Procter & Gamble by 0.9% during the third quarter. Thompson Siegel & Walmsley LLC now owns 70,818 shares of the company’s stock valued at $12,266,000 after buying an additional 606 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Procter & Gamble by 3.2% in the 3rd quarter. LPL Financial LLC now owns 3,127,615 shares of the company’s stock worth $541,703,000 after buying an additional 96,314 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

NYSE PG opened at $170.86 on Thursday. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $402.38 billion, a PE ratio of 29.47, a price-to-earnings-growth ratio of 3.69 and a beta of 0.42. The Procter & Gamble Company has a 12-month low of $142.50 and a 12-month high of $177.94. The company has a 50 day moving average price of $170.01 and a two-hundred day moving average price of $168.51.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The firm had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.99 billion. During the same period in the prior year, the company posted $1.83 earnings per share. Procter & Gamble’s revenue for the quarter was down .6% on a year-over-year basis. As a group, equities analysts predict that The Procter & Gamble Company will post 6.94 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, October 18th were given a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Friday, October 18th. Procter & Gamble’s dividend payout ratio is currently 69.48%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. StockNews.com cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. DA Davidson reissued a “neutral” rating and set a $160.00 target price on shares of Procter & Gamble in a research note on Wednesday. Wolfe Research raised shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, August 23rd. Dbs Bank cut Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, Jefferies Financial Group lowered Procter & Gamble from a “buy” rating to a “hold” rating and decreased their price target for the company from $182.00 to $175.00 in a research note on Wednesday, July 24th. Nine investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.00.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 14,034 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $169.78, for a total value of $2,382,692.52. Following the sale, the chief operating officer now owns 9,856 shares of the company’s stock, valued at $1,673,351.68. The trade was a 58.74 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $168.99, for a total value of $2,163,072.00. Following the transaction, the insider now owns 11,566 shares of the company’s stock, valued at $1,954,538.34. This trade represents a 52.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 174,727 shares of company stock worth $29,694,037 over the last three months. 0.18% of the stock is currently owned by insiders.

Procter & Gamble Company Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.