Compass Capital Management Inc. Acquires 7,095 Shares of Procter & Gamble Company (The) (PG)

Compass Capital Management Inc. lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 245,320 shares of the company’s stock after purchasing an additional 7,095 shares during the quarter. Procter & Gamble Company (The) accounts for about 3.5% of Compass Capital Management Inc.’s portfolio, making the stock its 25th biggest position. Compass Capital Management Inc.’s holdings in Procter & Gamble Company (The) were worth $21,380,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Asset Planning Services Ltd. raised its position in Procter & Gamble Company (The) by 79.7% in the 1st quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock valued at $107,000 after buying an additional 526 shares during the last quarter. First United Bank Trust grew its stake in Procter & Gamble Company (The) by 1.7% in the first quarter. First United Bank Trust now owns 17,984 shares of the company’s stock valued at $1,616,000 after purchasing an additional 298 shares in the last quarter. Reilly Financial Advisors LLC grew its stake in Procter & Gamble Company (The) by 4.4% in the first quarter. Reilly Financial Advisors LLC now owns 23,670 shares of the company’s stock valued at $2,127,000 after purchasing an additional 1,006 shares in the last quarter. Harvey Capital Management Inc. grew its stake in Procter & Gamble Company (The) by 6.7% in the first quarter. Harvey Capital Management Inc. now owns 3,200 shares of the company’s stock valued at $287,000 after purchasing an additional 200 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. grew its stake in Procter & Gamble Company (The) by 0.8% in the first quarter. Farmers & Merchants Investments Inc. now owns 130,724 shares of the company’s stock valued at $11,746,000 after purchasing an additional 1,087 shares in the last quarter. 59.36% of the stock is currently owned by institutional investors.

In other news, SVP Valarie L. Sheppard sold 20,175 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total value of $1,869,213.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. In the last ninety days, insiders sold 48,648 shares of company stock valued at $4,481,621. Corporate insiders own 0.35% of the company’s stock.

Several research analysts have recently commented on PG shares. Zacks Investment Research upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 target price for the company in a research note on Tuesday, August 1st. Vetr downgraded Procter & Gamble Company (The) from a “hold” rating to a “sell” rating and set a $83.75 price target for the company. in a research note on Monday, July 3rd. Stifel Nicolaus set a $87.00 price target on Procter & Gamble Company (The) and gave the company a “hold” rating in a research note on Friday, October 20th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $104.00 price objective on shares of Procter & Gamble Company (The) in a report on Tuesday, October 10th. Finally, BidaskClub cut Procter & Gamble Company (The) from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $88.83.

TRADEMARK VIOLATION NOTICE: “Compass Capital Management Inc. Acquires 7,095 Shares of Procter & Gamble Company (The) (PG)” was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/28/procter-gamble-company-the-pg-stake-raised-by-compass-capital-management-inc.html.

Shares of Procter & Gamble Company (NYSE PG) traded down 0.53% during trading on Friday, reaching $87.04. The company’s stock had a trading volume of 7,433,806 shares. The company has a market capitalization of $221.95 billion, a price-to-earnings ratio of 15.56 and a beta of 0.67. The firm’s 50-day moving average price is $92.00 and its 200-day moving average price is $89.80. Procter & Gamble Company has a one year low of $81.18 and a one year high of $94.67.

Procter & Gamble Company (The) (NYSE:PG) last released its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.02. The firm had revenue of $16.65 billion for the quarter, compared to the consensus estimate of $16.69 billion. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.35%. The company’s quarterly revenue was up .8% on a year-over-year basis. During the same period last year, the firm earned $1.03 earnings per share. On average, equities analysts anticipate that Procter & Gamble Company will post $4.17 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Friday, October 20th will be issued a $0.6896 dividend. The ex-dividend date of this dividend is Thursday, October 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.17%. Procter & Gamble Company (The)’s dividend payout ratio is currently 48.51%.

Procter & Gamble Company (The) 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.

Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

Receive News & Ratings for Procter & Gamble Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply