Procter & Gamble Company (The) (NYSE:PG) has been given an average rating of “Hold” by the twenty-two analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $89.75.

A number of research firms have weighed in on PG. Morgan Stanley decreased their target price on shares of Procter & Gamble Company (The) from $91.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Jefferies Group LLC reissued a “buy” rating and issued a $92.44 target price (down from $103.00) on shares of Procter & Gamble Company (The) in a research note on Thursday, August 17th. Royal Bank Of Canada reissued a “hold” rating and issued a $80.00 target price on shares of Procter & Gamble Company (The) in a research note on Friday, June 30th. Sanford C. Bernstein reissued an “outperform” rating and issued a $100.00 target price (up from $98.00) on shares of Procter & Gamble Company (The) in a research note on Sunday, July 30th. Finally, BidaskClub raised shares of Procter & Gamble Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.

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Shares of Procter & Gamble Company (PG) opened at 86.98 on Wednesday. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $94.67. The company has a market capitalization of $221.80 billion, a PE ratio of 15.55 and a beta of 0.67. The firm’s 50-day moving average price is $92.16 and its 200 day moving average price is $89.82.

Procter & Gamble Company (The) (NYSE:PG) last released its earnings results on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.02. Procter & Gamble Company (The) had a net margin of 23.72% and a return on equity of 20.25%. The business had revenue of $16.65 billion for the quarter, compared to analyst estimates of $16.69 billion. During the same period last year, the company posted $1.03 EPS. The business’s revenue was up .8% on a year-over-year basis. Equities analysts predict that Procter & Gamble Company will post $4.17 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors 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 annualized dividend and a yield of 3.17%. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 48.51%.

In other Procter & Gamble Company (The) news, insider Marylynn Fergusonmchugh sold 2,856 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $92.98, for a total value of $265,550.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David S. Taylor sold 6,382 shares of the business’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $92.04, for a total transaction of $587,399.28. Following the completion of the transaction, the chief executive officer now owns 134,884 shares of the company’s stock, valued at approximately $12,414,723.36. The disclosure for this sale can be found here. Insiders sold a total of 48,648 shares of company stock valued at $4,481,621 in the last quarter. 0.35% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in PG. Asset Planning Services Ltd. lifted its position in shares of Procter & Gamble Company (The) by 0.4% during 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 purchased a new stake in shares of Procter & Gamble Company (The) during the 2nd quarter worth $119,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Procter & Gamble Company (The) during the 3rd quarter worth $125,000. Blume Capital Management Inc. lifted its position in shares of Procter & Gamble Company (The) by 25.4% during 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. lifted its position in shares of Procter & Gamble Company (The) by 11.9% during 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 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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