Procter & Gamble Co (PG) : Marble Harbor Investment Counsel reduced its stake in Procter & Gamble Co by 0.52% during the most recent quarter end. The investment management company now holds a total of 189,949 shares of Procter & Gamble Co which is valued at $15,600,511 after selling 1,002 shares in Procter & Gamble Co , the firm said in a disclosure report filed with the SEC on May 3, 2016.Procter & Gamble Co makes up approximately 3.94% of Marble Harbor Investment Counsel’s portfolio.
Other Hedge Funds, Including , Hanseatic Management Services Inc added PG to its portfolio by purchasing 7,050 company shares during the most recent quarter which is valued at $579,017. Procter & Gamble Co makes up approx 0.21% of Hanseatic Management Services Inc’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in PG in the latest quarter, The investment management firm added 182,309 additional shares and now holds a total of 4,416,318 shares of Procter & Gamble Co which is valued at $353,835,398. Procter & Gamble Co makes up approx 1.12% of Mizuho Trust Banking Ltd.’s portfolio.Thompson Investment Management reduced its stake in PG by selling 4,525 shares or 4.75% in the most recent quarter. The Hedge Fund company now holds 90,822 shares of PG which is valued at $7,352,041. Procter & Gamble Co makes up approx 1.51% of Thompson Investment Management’s portfolio.Baker Chad R reduced its stake in PG by selling 475 shares or 0.37% in the most recent quarter. The Hedge Fund company now holds 127,735 shares of PG which is valued at $10,340,148. Procter & Gamble Co makes up approx 4.64% of Baker Chad R’s portfolio.Edmonds Duncan Registered Investment Advisors boosted its stake in PG in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 6,190 shares of Procter & Gamble Co which is valued at $501,081. Procter & Gamble Co makes up approx 0.33% of Edmonds Duncan Registered Investment Advisors’s portfolio.
Procter & Gamble Co opened for trading at $82.15 and hit $82.6799 on the upside on Tuesday, eventually ending the session at $82.48, with a gain of 0.44% or 0.36 points. The heightened volatility saw the trading volume jump to 62,23,170 shares. Company has a market cap of $219,550 M.
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.