Mcnamara Financial Services adds Procter & Gamble Co (PG) to its portfolio

Procter & Gamble Co (PG) : Mcnamara Financial Services added new position in Procter & Gamble Co during the most recent quarter end. The investment management firm now holds 2,481 shares of Procter & Gamble Co which is valued at $204,186 , the company said in a statement filed on Apr 13, 2016 with the SEC.Procter & Gamble Co makes up approximately 0.12% of Mcnamara Financial Services’s portfolio.

Procter & Gamble Co opened for trading at $82.29 and hit $82.99 on the upside on Monday, eventually ending the session at $82.83, with a gain of 0.64% or 0.53 points. The heightened volatility saw the trading volume jump to 56,28,014 shares. Company has a market cap of $224,019 M.

Other Hedge Funds, Including , Somerset Trust Co boosted its stake in PG in the latest quarter, The investment management firm added 300 additional shares and now holds a total of 11,544 shares of Procter & Gamble Co which is valued at $950,071. Procter & Gamble Co makes up approx 0.62% of Somerset Trust Co’s portfolio.Stillwater Capital Advisors reduced its stake in PG by selling 565 shares or 5.92% in the most recent quarter. The Hedge Fund company now holds 8,980 shares of PG which is valued at $739,054. Procter & Gamble Co makes up approx 0.21% of Stillwater Capital Advisors’s portfolio.Fenimore Asset Management Inc reduced its stake in PG by selling 288 shares or 9.09% in the most recent quarter. The Hedge Fund company now holds 2,880 shares of PG which is valued at $238,262. Procter & Gamble Co makes up approx 0.01% of Fenimore Asset Management Inc’s portfolio.Abner Herrman Brock boosted its stake in PG in the latest quarter, The investment management firm added 24,586 additional shares and now holds a total of 40,681 shares of Procter & Gamble Co which is valued at $3,365,539. Procter & Gamble Co makes up approx 0.85% of Abner Herrman Brock’s portfolio.

On the company’s financial health, Procter & Gamble Co reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $0.98. The company had revenue of $16915.00 million for the quarter, compared to analysts expectations of $16940.63 million. The company’s revenue was down -8.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.06 EPS.

Many Wall Street Analysts have commented on Procter & Gamble Co. Shares were Reiterated by B. Riley & Co. on Mar 30, 2016 to “Neutral” and Lowered the Price Target to $ 74 from a previous price target of $81 .Procter & Gamble Co was Upgraded by Sterne Agee CRT to ” Buy” on Feb 16, 2016. Company shares were Reiterated by UBS on Jan 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 84 from a previous price target of $80 .

The Procter & Gamble Company (P&G) provides consumer packaged goods. The Company operates in five segments under GBUs: Beauty which offers a range of products ranging from deodorants to cosmetics to skin care; Grooming which includes blades razors and electronic hair removal devices such as electric razors and epilators; Health Care which includes oral care and personal health care products.; Fabric Care and Home Care which consists of a range of fabric care products home care products and batteries and Baby Feminine and Family Care which offers diapers pants baby wipe Bounty paper towel and Charmin toilet paper brands. The Company’s products are sold in over 180 countries and territories. P&G’s customers include mass merchandisers grocery stores membership club stores drug stores department stores salons distributors e-commerce and stores.

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