Ziegler Capital Management LLC Has $3.71 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Ziegler Capital Management LLC trimmed its position in The Procter & Gamble Company (NYSE:PG) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,664 shares of the company’s stock after selling 174 shares during the quarter. Ziegler Capital Management LLC’s holdings in The Procter & Gamble were worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Newfound Research LLC acquired a new stake in shares of The Procter & Gamble in the third quarter worth $29,000. Costello Asset Management INC acquired a new stake in shares of The Procter & Gamble in the second quarter worth $35,000. FAI Wealth Management lifted its stake in shares of The Procter & Gamble by 203.0% in the second quarter. FAI Wealth Management now owns 303 shares of the company’s stock worth $36,000 after buying an additional 203 shares during the last quarter. Estate Counselors LLC acquired a new stake in shares of The Procter & Gamble in the second quarter worth $47,000. Finally, Barnett & Company Inc. lifted its stake in shares of The Procter & Gamble by 23.4% in the second quarter. Barnett & Company Inc. now owns 453 shares of the company’s stock worth $54,000 after buying an additional 86 shares during the last quarter. Institutional investors and hedge funds own 62.81% of the company’s stock.

In related news, VP Valarie L. Sheppard sold 4,688 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $138.28, for a total transaction of $648,256.64. Following the completion of the sale, the vice president now directly owns 26,704 shares of the company’s stock, valued at approximately $3,692,629.12. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO R. Alexandra Keith sold 99,243 shares of the stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $143.80, for a total value of $14,271,143.40. Following the sale, the chief executive officer now directly owns 72,960 shares of the company’s stock, valued at $10,491,648. The disclosure for this sale can be found here. Over the last three months, insiders have sold 372,000 shares of company stock valued at $51,009,517. 0.70% of the stock is owned by company insiders.

Shares of NYSE:PG opened at $142.38 on Friday. The company has a market capitalization of $354.47 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of 3.53 and a beta of 0.43. The firm’s 50 day simple moving average is $139.55 and its 200 day simple moving average is $126.65. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.85 and a quick ratio of 0.68. The Procter & Gamble Company has a fifty-two week low of $94.34 and a fifty-two week high of $145.87.

The Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. The business had revenue of $19.32 billion for the quarter, compared to the consensus estimate of $18.38 billion. The Procter & Gamble had a net margin of 18.36% and a return on equity of 29.53%. The Procter & Gamble’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $1.37 EPS. Equities research analysts expect that The Procter & Gamble Company will post 5.45 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid a dividend of $0.7907 per share. The ex-dividend date of this dividend is Thursday, October 22nd. This represents a $3.16 dividend on an annualized basis and a yield of 2.22%. The Procter & Gamble’s payout ratio is 61.72%.

A number of equities analysts recently issued reports on PG shares. Royal Bank of Canada reaffirmed a “neutral” rating and set a $128.00 target price on shares of The Procter & Gamble in a research report on Tuesday. Berenberg Bank reaffirmed a “hold” rating and set a $156.00 target price on shares of The Procter & Gamble in a research report on Thursday. Smith Barney Citigroup boosted their target price on shares of The Procter & Gamble from $159.00 to $165.00 in a research report on Wednesday. Barclays reaffirmed a “buy” rating on shares of The Procter & Gamble in a research report on Sunday, August 2nd. Finally, Jefferies Financial Group boosted their target price on shares of The Procter & Gamble from $153.00 to $166.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $144.50.

The Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It operates in five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care.

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

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