Procter & Gamble Co (PG) : Patriot Wealth Management scooped up 2,030 additional shares in Procter & Gamble Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 100,347 shares of Procter & Gamble Co which is valued at $8,475,308.Procter & Gamble Co makes up approximately 1.62% of Patriot Wealth Management’s portfolio.
Other Hedge Funds, Including , Palouse Capital Management reduced its stake in PG by selling 838 shares or 1.53% in the most recent quarter. The Hedge Fund company now holds 53,926 shares of PG which is valued at $4,554,590. Procter & Gamble Co makes up approx 1.77% of Palouse Capital Management’s portfolio.Argus Investors’ Counsel reduced its stake in PG by selling 2,000 shares or 3.35% in the most recent quarter. The Hedge Fund company now holds 57,665 shares of PG which is valued at $4,870,386. Procter & Gamble Co makes up approx 1.98% of Argus Investors’ Counsel’s portfolio.Eagle Asset Management Inc boosted its stake in PG in the latest quarter, The investment management firm added 35,920 additional shares and now holds a total of 1,825,534 shares of Procter & Gamble Co which is valued at $155,754,561. Procter & Gamble Co makes up approx 1.03% of Eagle Asset Management Inc’s portfolio.Stewart Patten Co reduced its stake in PG by selling 7,033 shares or 2.28% in the most recent quarter. The Hedge Fund company now holds 300,980 shares of PG which is valued at $25,679,614. Procter & Gamble Co makes up approx 4.89% of Stewart Patten Co’s portfolio.Hall Laurie J Trustee reduced its stake in PG by selling 2,622 shares or 3.33% in the most recent quarter. The Hedge Fund company now holds 76,104 shares of PG which is valued at $6,536,573. Procter & Gamble Co makes up approx 4.22% of Hall Laurie J Trustee’s portfolio.
Procter & Gamble Co opened for trading at $84.89 and hit $85.79 on the upside on Friday, eventually ending the session at $85.59, with a gain of 0.92% or 0.78 points. The heightened volatility saw the trading volume jump to 75,20,867 shares. Company has a market cap of $227,828 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. 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.