Procter & Gamble Co (PG) : State Of New Jersey Common Pension Fund D reduced its stake in Procter & Gamble Co by 1.85% during the most recent quarter end. The investment management company now holds a total of 2,653,945 shares of Procter & Gamble Co which is valued at $228,159,652 after selling 50,000 shares in Procter & Gamble Co , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Procter & Gamble Co makes up approximately 1.00% of State Of New Jersey Common Pension Fund D’s portfolio.
Other Hedge Funds, Including , Moody National Bank Trust Division reduced its stake in PG by selling 2 shares or 0.01% in the most recent quarter. The Hedge Fund company now holds 29,818 shares of PG which is valued at $2,563,453. Procter & Gamble Co makes up approx 0.14% of Moody National Bank Trust Division’s portfolio.Empirical Financial Services boosted its stake in PG in the latest quarter, The investment management firm added 317 additional shares and now holds a total of 9,380 shares of Procter & Gamble Co which is valued at $806,399. Procter & Gamble Co makes up approx 0.21% of Empirical Financial Services’s portfolio. Achievement Holdings sold out all of its stake in PG during the most recent quarter. The investment firm sold 109,100 shares of PG which is valued $9,214,586.Old Second National Bank Of Aurora reduced its stake in PG by selling 710 shares or 1.05% in the most recent quarter. The Hedge Fund company now holds 66,950 shares of PG which is valued at $5,738,954. Procter & Gamble Co makes up approx 2.58% of Old Second National Bank Of Aurora’s portfolio.Delta Asset Managementtn boosted its stake in PG in the latest quarter, The investment management firm added 953 additional shares and now holds a total of 268,702 shares of Procter & Gamble Co which is valued at $23,033,135. Procter & Gamble Co makes up approx 3.89% of Delta Asset Managementtn’s portfolio.
Procter & Gamble Co closed down -0.02 points or -0.02% at $85.76 with 53,88,194 shares getting traded on Monday. Post opening the session at $85.61, the shares hit an intraday low of $85.13 and an intraday high of $85.9 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Procter & Gamble Co reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.74. The company had revenue of $16102.00 million for the quarter, compared to analysts expectations of $15831.63 million. The company’s revenue was down -2.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.00 EPS.
Many Wall Street Analysts have commented on Procter & Gamble Co. Company shares were Reiterated by Stifel on Jul 22, 2016 to “Buy”, Firm has raised the Price Target to $ 92 from a previous price target of $85 .Jefferies Initiated Procter & Gamble Co on Jun 15, 2016 to “Buy”, Price Target of the shares are set at $95.
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.