Today, 2,249 Shares of Procter & Gamble Co. (PG) are sold by Bartlett & Co. LLC

Today, 2,249 Shares of Procter & Gamble Co. (PG) are sold by Bartlett & Co. LLC

Bartlett & Co. LLC decreased its position in Procter & Gamble Co. (NYSE:PG) by 0.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 718,280 shares of the company’s stock after selling 2,249 shares during the period. Procter & Gamble Co. comprises 3.1% of Bartlett & Co. LLC’s portfolio, making the stock its 2nd largest position. Bartlett & Co. LLC’s holdings in Procter & Gamble Co. were worth $64,466,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. American National Bank boosted its stake in shares of Procter & Gamble Co. by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock worth $102,000 after buying an additional 788 shares during the period. Americafirst Capital Management LLC bought a new stake in shares of Procter & Gamble Co. during the second quarter worth approximately $112,000. Signature Estate & Investment Advisors LLC bought a new stake in shares of Procter & Gamble Co. during the second quarter worth approximately $122,000. Global X Management Co. LLC boosted its stake in shares of Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock worth $128,000 after buying an additional 1,095 shares during the period. Finally, 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 period. 59.51% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Co. (NYSE:PG) traded up 0.94% during mid-day trading on Friday, reaching $83.46. The company’s stock had a trading volume of 3,883,098 shares. The firm has a 50 day moving average price of $85.71 and a 200 day moving average price of $85.39. The company has a market cap of $223.34 billion, a price-to-earnings ratio of 22.26 and a beta of 0.62. Procter & Gamble Co. has a 52-week low of $74.46 and a 52-week high of $90.33.

Procter & Gamble Co. (NYSE:PG) last issued its quarterly earnings results 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. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The firm earned $16.50 billion during the quarter, compared to the consensus estimate of $16.49 billion. During the same period last year, the business posted $0.98 EPS. The business’s revenue was down .1% compared to the same quarter last year. Equities research analysts anticipate that Procter & Gamble Co. will post $3.89 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Friday, October 21st were issued a dividend of $0.6695 per share. The ex-dividend date of this dividend was Wednesday, October 19th. This represents a $2.68 dividend on an annualized basis and a yield of 3.21%. Procter & Gamble Co.’s payout ratio is currently 71.66%.

A number of research analysts have issued reports on PG shares. Zacks Investment Research cut Procter & Gamble Co. from a “buy” rating to a “hold” rating in a research note on Friday, October 21st. Argus raised Procter & Gamble Co. from a “hold” rating to a “buy” rating and boosted their target price for the company from $88.54 to $103.00 in a research note on Wednesday, October 12th. Stifel Nicolaus set a $93.00 target price on Procter & Gamble Co. and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Citigroup Inc. reissued a “buy” rating on shares of Procter & Gamble Co. in a research note on Wednesday, October 26th. Finally, Johnson Rice raised Procter & Gamble Co. from an “accumulate” rating to a “buy” rating in a research note on Friday, August 26th. Eleven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $91.55.

In other news, insider Ciserani Giovanni sold 20,000 shares of the firm’s stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of $88.00, for a total value of $1,760,000.00. Following the completion of the sale, the insider now directly owns 65,053 shares in the company, valued at approximately $5,724,664. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Juan Fernando Posada sold 3,501 shares of the firm’s stock in a transaction dated Wednesday, September 28th. The shares were sold at an average price of $89.50, for a total value of $313,339.50. Following the completion of the sale, the insider now owns 19,953 shares of the company’s stock, valued at $1,785,793.50. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

About Procter & Gamble Co.

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