Trade Report: Today, Integrated Wealth Counsel LLC decides to keep it stake in Procter & Gamble Co. (PG) to the level of $195,000

Today, Integrated Wealth Counsel LLC decides to keep it stake in Procter & Gamble Co. (PG) to the level of $195,000

Integrated Wealth Counsel LLC held its position in shares of Procter & Gamble Co. (NYSE:PG) during the second quarter, Holdings Channel reports. The institutional investor owned 2,300 shares of the company’s stock at the end of the second quarter. Procter & Gamble Co. accounts for about 0.4% of Integrated Wealth Counsel LLC’s holdings, making the stock its 26th largest position. Integrated Wealth Counsel LLC’s holdings in Procter & Gamble Co. were worth $195,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PG. Americafirst Capital Management LLC bought a new position in Procter & Gamble Co. during the second quarter valued at approximately $112,000. Lenox Wealth Advisors Inc. raised 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 valued at $156,000 after buying an additional 10 shares during the period. Cypress Capital Management LLC WY bought a new stake in shares of Procter & Gamble Co. during the second quarter valued at about $157,000. Catamount Wealth Management raised its stake in shares of Procter & Gamble Co. by 96.0% in the first quarter. Catamount Wealth Management now owns 2,352 shares of the company’s stock valued at $194,000 after buying an additional 1,152 shares during the period. Finally, Wealthsource Partners LLC bought a new stake in shares of Procter & Gamble Co. during the first quarter valued at about $200,000. Institutional investors own 58.99% of the company’s stock.

Shares of Procter & Gamble Co. (NYSE:PG) traded down 0.0568% on Tuesday, reaching $87.7801. The company had a trading volume of 2,516,083 shares. The company has a market capitalization of $234.26 billion, a price-to-earnings ratio of 23.7629 and a beta of 0.54. The stock has a 50 day moving average price of $88.27 and a 200-day moving average price of $84.80. Procter & Gamble Co. has a 12 month low of $73.50 and a 12 month high of $90.33.

Procter & Gamble Co. (NYSE:PG) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.05. Procter & Gamble Co. had a return on equity of 17.48% and a net margin of 16.09%. The firm earned $16.10 billion during the quarter, compared to analyst estimates of $15.83 billion. During the same quarter last year, the firm earned $1.00 EPS. Procter & Gamble Co.’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts forecast that Procter & Gamble Co. will post $0.02 EPS for the current fiscal year.

The firm 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. The ex-dividend date of this dividend is Wednesday, October 19th. This represents a $2.68 dividend on an annualized basis and a yield of 3.05%. Procter & Gamble Co.’s dividend payout ratio (DPR) is presently 72.63%.

Several brokerages recently issued reports on PG. B. Riley restated a “neutral” rating and issued 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 price objective on the stock. in a report on Monday, August 1st. Zacks Investment Research lowered shares of Procter & Gamble Co. from a “hold” rating to a “sell” rating in a report on Tuesday, June 28th. JPMorgan Chase & Co. set a $99.00 price objective on shares of Procter & Gamble Co. and gave the company a “buy” rating in a report on Wednesday, August 3rd. Finally, Deutsche Bank AG lifted their target price on Procter & Gamble Co. from $92.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Ten equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Procter & Gamble Co. currently has a consensus rating of “Buy” and an average price target of $90.60.

In other news, SVP Valarie L. Sheppard sold 32,532 shares of Procter & Gamble Co. stock in a transaction that occurred on Thursday, August 11th. The stock was 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 owns 28,397 shares in the company, valued at approximately $2,467,699.30. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jeffrey K. Schomburger sold 2,603 shares of Procter & Gamble Co. stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $87.16, for a total value of $226,877.48. Following the completion of the transaction, the insider now owns 33,188 shares of the company’s stock, valued at approximately $2,892,666.08. 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 (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty, which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming, which includes blades, razors and electronic hair removal devices, such as electric razors and epilators; Health Care, which includes oral care and personal health care products.; Fabric Care and Home Care, which consists of a range of fabric care products, home care products and batteries, and Baby Feminine and Family Care, which offers diapers, pants, baby wipe, Bounty paper, towel and Charmin toilet paper brands.

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