Procter & Gamble Company (The) (NYSE:PG)‘s stock had its “buy” rating reaffirmed by equities researchers at Royal Bank Of Canada in a report issued on Monday.

Several other analysts also recently issued reports on the stock. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price objective for the company in a report on Monday. Stifel Nicolaus set a $87.00 price objective on shares of Procter & Gamble Company (The) and gave the stock a “hold” rating in a report on Friday. Zacks Investment Research downgraded shares of Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Jefferies Group LLC reaffirmed a “buy” rating and set a $104.00 price objective on shares of Procter & Gamble Company (The) in a report on Tuesday, October 10th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “sell” rating on shares of Procter & Gamble Company (The) in a report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $89.11.

Procter & Gamble Company (NYSE PG) traded down 0.25% during midday trading on Monday, reaching $87.08. 4,236,947 shares of the company traded hands. The stock has a market capitalization of $222.06 billion, a price-to-earnings ratio of 15.57 and a beta of 0.67. The firm has a 50 day moving average of $92.31 and a 200-day moving average of $89.83. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $94.67.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.02. The business had revenue of $16.65 billion during 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 20.25%. Procter & Gamble Company (The)’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 EPS. Analysts forecast that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

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In other news, CEO David S. Taylor sold 6,382 shares of the stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $92.04, for a total value of $587,399.28. Following the completion of the transaction, the chief executive officer now owns 134,884 shares in the company, valued at approximately $12,414,723.36. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Valarie L. Sheppard sold 20,175 shares of the stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $92.65, for a total transaction of $1,869,213.75. The disclosure for this sale can be found here. In the last 90 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 institutional investors and hedge funds have recently bought and sold shares of PG. Asset Planning Services Ltd. grew its holdings in shares of Procter & Gamble Company (The) by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after purchasing an additional 5 shares during the last quarter. Harding Loevner LP bought a new stake in shares of Procter & Gamble Company (The) in the 2nd quarter worth about $119,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Procter & Gamble Company (The) in the 3rd quarter worth about $125,000. Blume Capital Management Inc. grew its holdings in shares of Procter & Gamble Company (The) by 25.4% in the 2nd quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock worth $129,000 after purchasing an additional 300 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. grew its holdings in shares of Procter & Gamble Company (The) by 11.9% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 1,603 shares of the company’s stock worth $144,000 after purchasing an additional 170 shares during the last quarter. 59.36% of the stock is currently owned by institutional investors and hedge funds.

About Procter & Gamble Company (The)

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.

Analyst Recommendations for Procter & Gamble Company (The) (NYSE:PG)

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