Procter & Gamble Co (PG) : Bartlett scooped up 23,525 additional shares in Procter & Gamble Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 732,184 shares of Procter & Gamble Co which is valued at $60,134,272.Procter & Gamble Co makes up approximately 3.01% of Bartlett’s portfolio.
Procter & Gamble Co opened for trading at $81.42 and hit $82.25 on the upside on Friday, eventually ending the session at $82.13, with a gain of 1.02% or 0.83 points. The heightened volatility saw the trading volume jump to 62,97,747 shares. Company has a market cap of $218,618 M.
Other Hedge Funds, Including , Northstar Asset Management boosted its stake in PG in the latest quarter, The investment management firm added 2,825 additional shares and now holds a total of 43,256 shares of Procter & Gamble Co which is valued at $3,552,615. Procter & Gamble Co makes up approx 1.52% of Northstar Asset Management’s portfolio.Wellcome Trust Ltd (the) As Trustee Of The Wellcome Trust boosted its stake in PG in the latest quarter, The investment management firm added 140,000 additional shares and now holds a total of 2,500,000 shares of Procter & Gamble Co which is valued at $200,300,000. Procter & Gamble Co makes up approx 4.64% of Wellcome Trust Ltd (the) As Trustee Of The Wellcome Trust’s portfolio.Saratoga Research Investment Management boosted its stake in PG in the latest quarter, The investment management firm added 18,659 additional shares and now holds a total of 572,246 shares of Procter & Gamble Co which is valued at $45,848,350. Procter & Gamble Co makes up approx 4.09% of Saratoga Research Investment Management’s portfolio.
On the company’s financial health, Procter & Gamble Co reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.82. The company had revenue of $15755.00 million for the quarter, compared to analysts expectations of $15809.32 million. The company’s revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.92 EPS.
Many Wall Street Analysts have commented on Procter & Gamble Co. Shares were Reiterated by UBS on Apr 27, 2016 to “Neutral” and Lowered the Price Target to $ 85 from a previous price target of $88 .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.
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.