Mn Services Vermogensbeheer B.V. Has $5.74 Million Stake in Procter & Gamble Company (The) (PG)

Mn Services Vermogensbeheer B.V. raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,342 shares of the company’s stock after buying an additional 1,869 shares during the period. Procter & Gamble Company (The) accounts for approximately 1.1% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 14th largest position. Mn Services Vermogensbeheer B.V.’s holdings in Procter & Gamble Company (The) were worth $5,741,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Empirical Finance LLC acquired a new position in Procter & Gamble Company (The) during the fourth quarter valued at approximately $101,000. Asset Planning Services Ltd. raised its position in Procter & Gamble Company (The) by 79.7% in the first quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock valued at $107,000 after buying an additional 526 shares in the last quarter. Edge Wealth Management LLC raised its position in Procter & Gamble Company (The) by 17.1% in the first quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock valued at $148,000 after buying an additional 240 shares in the last quarter. Feltz Wealth PLAN Inc. acquired a new position in Procter & Gamble Company (The) during the first quarter valued at approximately $184,000. Finally, Riverpoint Wealth Management Holdings LLC acquired a new position in Procter & Gamble Company (The) during the fourth quarter valued at approximately $211,000. 59.69% of the stock is currently owned by institutional investors.

Shares of Procter & Gamble Company (PG) traded up 0.15% on Tuesday, reaching $91.58. 5,623,352 shares of the company were exchanged. The company has a market capitalization of $233.83 billion, a price-to-earnings ratio of 16.37 and a beta of 0.68. The company’s 50-day moving average is $88.75 and its 200-day moving average is $88.72. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $92.00. Procter & Gamble Company (The) also saw unusually large options trading activity on Monday. Stock investors purchased 35,861 call options on the stock. This represents an increase of 509% compared to the average volume of 5,886 call options.

Procter & Gamble Company (The) (NYSE:PG) last issued its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a net margin of 23.56% and a return on equity of 19.52%. The company had revenue of $16.08 billion for the quarter, compared to analysts’ expectations of $16.01 billion. During the same period in the prior year, the business earned $0.79 EPS. The firm’s quarterly revenue was down .1% on a year-over-year basis. On average, equities analysts expect that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st will be issued a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio is currently 49.37%.

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A number of equities research analysts have issued reports on PG shares. Jefferies Group LLC reissued a “buy” rating and issued a $103.00 price target (up previously from $101.00) on shares of Procter & Gamble Company (The) in a report on Tuesday, April 18th. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target on the stock in a report on Wednesday, April 26th. UBS AG reissued a “buy” rating and issued a $102.00 price target (down previously from $104.00) on shares of Procter & Gamble Company (The) in a report on Friday, April 28th. Zacks Investment Research raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price target on the stock in a report on Tuesday, August 1st. Finally, Capital One Financial Corporation lowered shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $5.00 to $2.00 in a report on Thursday, June 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Procter & Gamble Company (The) has a consensus rating of “Hold” and an average price target of $88.21.

In other news, insider Suranjan Magesvaran sold 10,512 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $91.00, for a total value of $956,592.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Patrice Louvet sold 62,350 shares of the firm’s stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $86.27, for a total transaction of $5,378,934.50. The disclosure for this sale can be found here. Insiders sold a total of 203,898 shares of company stock worth $17,666,387 over the last 90 days. Company insiders own 0.35% of the company’s stock.

About Procter & Gamble Company (The)

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.

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

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