Tradelink Capital adds Procter & Gamble Co (PG) to its portfolio

Procter & Gamble Co (PG) : Tradelink Capital added new position in Procter & Gamble Co during the most recent quarter end. The investment management firm now holds 3,022 shares of Procter & Gamble Co which is valued at $259,801 , the company said in a statement filed on Aug 1, 2016 with the SEC.Procter & Gamble Co makes up approximately 1.20% of Tradelink Capital’s portfolio.

Other Hedge Funds, Including , Boston Private Wealth reduced its stake in PG by selling 13,082 shares or 3.09% in the most recent quarter. The Hedge Fund company now holds 409,666 shares of PG which is valued at $35,218,986. Procter & Gamble Co makes up approx 1.39% of Boston Private Wealth’s portfolio.Savant Capital boosted its stake in PG in the latest quarter, The investment management firm added 3,663 additional shares and now holds a total of 27,668 shares of Procter & Gamble Co which is valued at $2,368,104. Procter & Gamble Co makes up approx 0.65% of Savant Capital’s portfolio.Gw Henssler Associates Ltd boosted its stake in PG in the latest quarter, The investment management firm added 2,663 additional shares and now holds a total of 145,664 shares of Procter & Gamble Co which is valued at $12,467,382. Procter & Gamble Co makes up approx 1.41% of Gw Henssler Associates Ltd’s portfolio.Somerset Trust Co boosted its stake in PG in the latest quarter, The investment management firm added 393 additional shares and now holds a total of 11,937 shares of Procter & Gamble Co which is valued at $1,025,269. Procter & Gamble Co makes up approx 0.62% of Somerset Trust Co’s portfolio.Pacwest Financial Management Inc boosted its stake in PG in the latest quarter, The investment management firm added 408 additional shares and now holds a total of 23,903 shares of Procter & Gamble Co which is valued at $2,053,029. Procter & Gamble Co makes up approx 1.25% of Pacwest Financial Management Inc’s portfolio.

Procter & Gamble Co opened for trading at $86.12 and hit $86.53 on the upside on Thursday, eventually ending the session at $86.05, with a gain of 0.09% or 0.08 points. The heightened volatility saw the trading volume jump to 55,64,060 shares. Company has a market cap of $229,052 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 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.

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