Procter & Gamble Co (PG) : Mcf Advisors scooped up 3,363 additional shares in Procter & Gamble Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 48,930 shares of Procter & Gamble Co which is valued at $4,258,867.Procter & Gamble Co makes up approximately 1.00% of Mcf Advisors’s portfolio.
Other Hedge Funds, Including , Wimmer Associates 1 boosted its stake in PG in the latest quarter, The investment management firm added 1,221 additional shares and now holds a total of 20,318 shares of Procter & Gamble Co which is valued at $1,768,479. Procter & Gamble Co makes up approx 1.53% of Wimmer Associates 1’s portfolio.Budros Ruhlin Roe reduced its stake in PG by selling 1,741 shares or 4.29% in the most recent quarter. The Hedge Fund company now holds 38,834 shares of PG which is valued at $3,380,111. Procter & Gamble Co makes up approx 1.11% of Budros Ruhlin Roe’s portfolio.Northpointe Capital reduced its stake in PG by selling 7,850 shares or 10.52% in the most recent quarter. The Hedge Fund company now holds 66,786 shares of PG which is valued at $5,640,746. Procter & Gamble Co makes up approx 0.64% of Northpointe Capital’s portfolio.Boston Common Asset Management boosted its stake in PG in the latest quarter, The investment management firm added 3,685 additional shares and now holds a total of 74,573 shares of Procter & Gamble Co which is valued at $6,362,568. Procter & Gamble Co makes up approx 0.92% of Boston Common Asset Management’s portfolio.First Manhattan Co reduced its stake in PG by selling 50,808 shares or 6.99% in the most recent quarter. The Hedge Fund company now holds 676,188 shares of PG which is valued at $58,104,835. Procter & Gamble Co makes up approx 0.35% of First Manhattan Co’s portfolio.
Procter & Gamble Co opened for trading at $87.13 and hit $87.5 on the upside on Tuesday, eventually ending the session at $87.4, with a gain of 0.63% or 0.55 points. The heightened volatility saw the trading volume jump to 54,20,109 shares. Company has a market cap of $233,249 M.
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 Upgraded by B. Riley & Co. on Aug 15, 2016 to ” Buy”, Firm has raised the Price Target to $ 105 from a previous price target of $74 .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.