The Procter & Gamble Co. (PG) Position Maintained by Dumont & Blake Investment Advisors LLC

The Procter & Gamble Co. (PG) Position Maintained by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC maintained its stake in Procter & Gamble Co. (NYSE:PG) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 25,696 shares of the company’s stock at the end of the second quarter. Procter & Gamble Co. makes up approximately 1.1% of Dumont & Blake Investment Advisors LLC’s investment portfolio, making the stock its 21st largest position. Dumont & Blake Investment Advisors LLC’s holdings in Procter & Gamble Co. were worth $2,115,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PG. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Procter & Gamble Co. by 1.9% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 500,180 shares of the company’s stock valued at $42,350,000 after buying an additional 9,516 shares in the last quarter. United Asset Strategies Inc. raised its position in Procter & Gamble Co. by 14.0% in the second quarter. United Asset Strategies Inc. now owns 19,438 shares of the company’s stock worth $1,646,000 after buying an additional 2,390 shares during the period. Hudock Capital Group LLC increased its stake in shares of Procter & Gamble Co. by 48.7% in the second quarter. Hudock Capital Group LLC now owns 15,185 shares of the company’s stock valued at $1,285,000 after buying an additional 4,974 shares in the last quarter. Fort Pitt Capital Group LLC increased its stake in shares of Procter & Gamble Co. by 4.7% in the second quarter. Fort Pitt Capital Group LLC now owns 22,623 shares of the company’s stock valued at $1,915,000 after buying an additional 1,011 shares in the last quarter. Finally, Todd Asset Management LLC increased its stake in shares of Procter & Gamble Co. by 29.6% in the second quarter. Todd Asset Management LLC now owns 15,926 shares of the company’s stock valued at $1,348,000 after buying an additional 3,635 shares in the last quarter. 58.99% of the stock is currently owned by institutional investors.

Shares of Procter & Gamble Co. (NYSE:PG) traded up 0.30% during midday trading on Friday, reaching $86.84. The company 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 company’s 50 day moving average price is $87.77 and its 200-day moving average price is $84.96. The company has a market capitalization of $232.38 billion, a P/E ratio of 23.16 and a beta of 0.54.

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

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Friday, October 21st will be paid a dividend of $0.6695 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Wednesday, October 19th. Procter & Gamble Co.’s dividend payout ratio (DPR) is currently 71.66%.

A number of analysts recently issued reports on PG shares. B. Riley restated a “neutral” rating and set a $74.00 price objective on shares of Procter & Gamble Co. in a report on Wednesday, August 3rd. Vetr lowered shares of Procter & Gamble Co. from a “buy” rating to a “hold” rating and set a $89.50 target price for the company. in a research report on Monday, August 1st. Jefferies Group reiterated a “buy” rating and set a $98.00 target price on shares of Procter & Gamble Co. in a research report on Wednesday. JPMorgan Chase & Co. set a $99.00 target price on shares of Procter & Gamble Co. and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $92.00 target price (up previously from $90.00) on shares of Procter & Gamble Co. in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. Procter & Gamble Co. has an average rating of “Buy” and a consensus price target of $91.05.

In other news, insider Deborah P. Majoras sold 55,310 shares of the company’s stock in a transaction on Thursday, August 4th. The stock was sold at an average price of $86.09, for a total value of $4,761,637.90. Following the transaction, the insider now owns 98,787 shares of the company’s stock, valued at approximately $8,504,572.83. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Valarie L. Sheppard sold 32,532 shares of the company’s stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $86.90, for a total value of $2,827,030.80. Following the completion of the transaction, the senior vice president now directly owns 28,397 shares in the company, valued at approximately $2,467,699.30. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

Procter & Gamble Co. Company Profile

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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