Procter & Gamble Co (NYSE: PG) Position Reduced by Leisure Capital Management

Procter & Gamble Co (NYSE: PG) Position Reduced by
 Leisure Capital Management

Leisure Capital Management trimmed its position in the US Securities and Exchange Commission (SEC). The firm owned 19,155 shares of the stock after sale 1,339 shares during the period. Procter & Gamble accounts for 1.5% of Capital Management’s investment portfolio, making the stock its 27th biggest position. Leisure Capital Management’s holdings in Procter & Gamble were worth $ 1,743,000 at the end of the most recent quarter.
A number of other large investors have recently made changes to their positions in PG. Asset Planning Services Ltd. boosted its stake in shares of Procter & Gamble by 0.4% during the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company ‘s stock valued at $ 104,000 after purchasing an additional 5 shares in the last quarter. Harding Loevner LP bought a new stake in Procter & Gamble during the second quarter worth $ 119,000. Kohmann Bosshard Financial Services LLC bought a new stake in Procter & Gamble during the third quarter worth $ 125,000. Blume Capital Management Inc. boosted its stake in Procter & Gamble by 25.4% during the second quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock worth $ 129,000 after acquiring an additional 300 shares in the last quarter. Finally, Winfield Associates Inc. lifted its stake in shares of Procter & Gamble by 0.7% in the second quarter. Winfield Associates Inc. now owns 2,260 shares of the company’s stock worth $ 197,000 after buying an additional 15 shares in the last quarter. 59.56% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Co ( NYSE PG ) opened at $ 89.61 on Friday. Procter & Gamble Co has a 12-month low of $ 83.37 and a 12-month high of $ 94.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. The firm has a market cap of $ 227,340.00, a price-to-earnings ratio of 23.96, a P / E / G ratio of 2.88 and a beta of 0.67.

Procter & Gamble (NYSE: PG) last released its quarterly earnings data on Friday, October 20th. The company reported $ 1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $ 1.07 by $ 0.02. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The business had revenue of $ 16.65 billion during the quarter, compared to $ 16.69 billion. During the same quarter last year, the business earned $ 1.03 per share. Procter & Gamble’s quarterly revenue was up .8% compared to the same quarter last year. Analysts expect that Procter & Gamble Co. will post 4.19 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, January 19th will be paid a $ 0.6896 dividend. This represents a $ 2.76 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Thursday, January 18th. Procter & Gamble’s dividend payout ratio is currently 73.80%.
Several brokerages have recently issued reports on PG. Vetr upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $ 93.02. Zacks Investment Research Raised Shares of Procter & Gamble from a “hold” rating to a “buy” rating and set of $ 102.00 price for the company in a report on Monday, January 8th. Jefferies Group reissued a “buy” rating and set a $ 99.00. Bank of America boosted their price objective on shares of Procter & Gamble from $ 98.00 to $ 100.00 and gave the company a “buy” rating in a report on Tuesday, September 19th. Finally, Stifel Nicolaus set up a $ 87.00 target price on the shares of the company and gives the company a “hold” rating in a report on Friday, October 20th. Two equities research analysts have rated the value of the stock, and have given a hold on the stock. The stock has a consensus rating of “Hold” and an average price target of $ 89.31.
In other Procter & Gamble news, insider R. Alexandra Keith sold 1,298 shares of the firm in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $ 89.11, for a total transaction of $ 115,664.78. Following the transaction, the insider now owns 20,135 shares of the company’s stock, valued at approximately $ 1,794,229.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the firm’s stock in a transaction dated 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 three months, insiders sold 21,575 shares of company stock worth $ 1,927,095. Insiders own 0.35% of the company’s stock.
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Procter & Gamble 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 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.

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