Procter & Gamble Company (The) $PG Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 294.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 903,429 shares of the company’s stock after buying an additional 674,154 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Procter & Gamble were worth $130,491,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Carson Advisory Inc. boosted its holdings in shares of Procter & Gamble by 0.5% in the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock valued at $1,738,000 after acquiring an additional 65 shares during the last quarter. Trilogy Capital Inc. raised its holdings in shares of Procter & Gamble by 1.1% during the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock worth $901,000 after purchasing an additional 67 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Procter & Gamble by 1.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after purchasing an additional 67 shares during the last quarter. Lorne Steinberg Wealth Management Inc. lifted its position in Procter & Gamble by 2.7% during the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock valued at $376,000 after purchasing an additional 68 shares during the period. Finally, Grant Street Asset Management Inc. lifted its position in Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after purchasing an additional 69 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 0.2%

PG stock opened at $147.30 on Friday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The firm’s fifty day moving average is $147.33 and its 200 day moving average is $148.70. The firm has a market cap of $343.00 billion, a PE ratio of 21.53, a P/E/G ratio of 7.31 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same quarter in the prior year, the firm posted $1.54 earnings per share. The company’s revenue was up 7.4% compared to the same quarter last year. On average, research analysts forecast that Procter & Gamble Company will post 6.88 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s payout ratio is currently 63.60%.

Key Headlines Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Analyst Upgrades and Downgrades

PG has been the topic of several analyst reports. Wells Fargo & Company increased their price target on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. BMO Capital Markets upped their target price on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Finally, Royal Bank Of Canada reduced their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Thursday, April 9th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $161.74.

Read Our Latest Research Report on Procter & Gamble

About Procter & Gamble

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

Featured Stories

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

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