Trade Report: The 21,344 Shares of Procter & Gamble Co. (PG) are sold by Mizuho Trust & Banking Co. Ltd.

The 21,344 Shares of Procter & Gamble Co. (PG) are sold by Mizuho Trust & Banking Co. Ltd.

Mizuho Trust & Banking Co. Ltd. cut its position in shares of Procter & Gamble Co. (NYSE:PG) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,394,974 shares of the company’s stock after selling 21,344 shares during the period. Procter & Gamble Co. comprises approximately 1.1% of Mizuho Trust & Banking Co. Ltd.’s investment portfolio, making the stock its 12th largest position. Mizuho Trust & Banking Co. Ltd.’s holdings in Procter & Gamble Co. were worth $372,122,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PG. Boothbay Fund Management LLC boosted its stake in shares of Procter & Gamble Co. by 0.3% in the first quarter. Boothbay Fund Management LLC now owns 2,951 shares of the company’s stock worth $243,000 after buying an additional 9 shares during the last quarter. Lenox Wealth Advisors Inc. boosted its stake in shares of Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock worth $156,000 after buying an additional 10 shares during the last quarter. Commonwealth Financial Services LLC boosted its stake in shares of Procter & Gamble Co. by 0.3% in the second quarter. Commonwealth Financial Services LLC now owns 4,559 shares of the company’s stock worth $386,000 after buying an additional 14 shares during the last quarter. Stratford Consulting LLC boosted its stake in shares of Procter & Gamble Co. by 0.6% in the second quarter. Stratford Consulting LLC now owns 2,513 shares of the company’s stock worth $213,000 after buying an additional 16 shares during the last quarter. Finally, Cottage Street Advisors LLC boosted its stake in shares of Procter & Gamble Co. by 0.3% in the second quarter. Cottage Street Advisors LLC now owns 7,145 shares of the company’s stock worth $605,000 after buying an additional 20 shares during the last quarter. Institutional investors own 58.99% of the company’s stock.

Shares of Procter & Gamble Co. (NYSE:PG) traded up 0.30% during mid-day trading on Friday, hitting $86.84. The stock had a trading volume of 7,021,059 shares. Procter & Gamble Co. has a 52 week low of $73.95 and a 52 week high of $90.33. The stock has a market cap of $232.38 billion, a P/E ratio of 23.16 and a beta of 0.54. The stock has a 50-day moving average price of $87.77 and a 200 day moving average price of $84.96.

Procter & Gamble Co. (NYSE:PG) last released its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.05. Procter & Gamble Co. had a net margin of 16.27% and a return on equity of 17.95%. The business earned $16.50 billion during the quarter, compared to analyst estimates of $16.49 billion. During the same quarter in the previous year, the business earned $0.98 EPS. Procter & Gamble Co.’s quarterly revenue was down .1% compared to the same quarter last year. On average, equities analysts forecast that Procter & Gamble Co. will post $3.90 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Investors of record on Friday, October 21st will be paid a $0.6695 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Wednesday, October 19th. Procter & Gamble Co.’s payout ratio is presently 71.66%.

A number of equities research analysts have recently weighed in on PG shares. Citigroup Inc. lifted their price objective on Procter & Gamble Co. from $92.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, August 4th. Deutsche Bank AG lifted their price objective on Procter & Gamble Co. from $92.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, August 3rd. JPMorgan Chase & Co. set a $99.00 price objective on Procter & Gamble Co. and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Stifel Nicolaus set a $93.00 target price on Procter & Gamble Co. and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Finally, Jefferies Group reissued a “buy” rating and set a $98.00 target price on shares of Procter & Gamble Co. in a research note on Thursday, August 4th. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Procter & Gamble Co. presently has an average rating of “Buy” and an average target price of $91.05.

In other news, CFO Jon R. Moeller sold 272,591 shares of the business’s stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $85.94, for a total transaction of $23,426,470.54. Following the transaction, the chief financial officer now owns 164,269 shares in the company, valued at approximately $14,117,277.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Charles E. Pierce sold 55,127 shares of the business’s stock in a transaction dated Friday, August 5th. The stock was sold at an average price of $86.07, for a total transaction of $4,744,780.89. Following the transaction, the insider now owns 60,632 shares in the company, valued at approximately $5,218,596.24. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by corporate insiders.

About Procter & Gamble Co.

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.

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