Procter & Gamble Company (The) (NYSE:PG).
Gateway Investment Advisers LLC says it decreased its investment in Procter & Gamble Company (The) by 0.8% in its quarterly SEC filing. Its investment stood at $114,653,000 a decrease of $4,496,000 as of quarter end.
Here are a few additional firms who have increased or decreased their stake in (PG). As of the end of the quarter Pennsylvania Trust Co had bought a total of 51,112 shares growing its position 24.6%. The value of the investment in PG went from $18,701,000 to $22,593,000 increasing 20.8% quarter over quarter. As of quarter end Narwhal Capital Management had acquired 10,405 shares growing its stake by 27.5%. The value of the investment in Procter & Gamble Company (The) increased from $3,400,000 to $4,205,000 a change of 23.7% since the last quarter.
Bouchey Financial Group Ltd grew its ownership by buying 346 shares an increase of 13.5% from 03/31/2017 to 06/30/2017. Bouchey Financial Group Ltd currently owns 2,915 shares valued at $254,000. The total value of its holdings increased 10.0%.
Equity analyst Deutsche Bank lowered the price target and downgraded the stock on December 13 cutting the price target from $92.00 to $90.00 and moving the rating from “Buy” to “Hold”. On December 13 the company was downgraded to “Hold” from “Buy” with a current price target of $90.00 by Deutsche Bank.
On November 15, 2016 Wells Fargo starting coverage on the stock with an initial rating of “Market Perform”. On October 26 the stock rating was upgraded from “Underperform” to “Outperform” and a price target of $95.00 was set in a statement from CLSA.
On October 12 the stock rating was upgraded from “” to “Buy” by analysts at Argus Capital. On August 26 the stock rating was upgraded from “” to “Buy” in a report issued by Johnson Rice.
The company is now up by 0.59 percent from yesterday’s close. Procter & Gamble Company (The) also recently announced a dividend paid on Monday the 15th of May 2017. The dividend was $0.690 per share for the quarter which comes to $2.76 on an annualized basis. This dividend amount was represent a yeild of $3.15. The ex-dividend date was Wednesday the 19th of April 2017.
Company chares are trading at $87.28 which is marginally under the 50 day moving average of $87.86 and barely below the 200 day moving average of $88.03. The 50 day moving average was down $-0.43 and the 200 day average moved down $-0.60.
Procter & Gamble Company (The) currently has a P/E ratio of 16.07 and market cap is 223.61B. In the latest earnings report the EPS was $5.44 and is expected to be $3.85 for the current year with 2,557,614,000 shares currently outstanding. Analysts expect next quarter’s EPS to be $1.09 and the next full year EPS is anticipated to be $4.11.