Trust Co Of Oklahoma Lowers stake in Procter & Gamble Co (PG)

Procter & Gamble Co (PG) : Trust Co Of Oklahoma reduced its stake in Procter & Gamble Co by 7.03% during the most recent quarter end. The investment management company now holds a total of 7,270 shares of Procter & Gamble Co which is valued at $654,300 after selling 550 shares in Procter & Gamble Co , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Procter & Gamble Co makes up approximately 0.36% of Trust Co Of Oklahoma’s portfolio.

Other Hedge Funds, Including , Academy Capital Management Inctx sold out all of its stake in PG during the most recent quarter. The investment firm sold 35,394 shares of PG which is valued $3,185,460.Indiana Trust Investment Management Co boosted its stake in PG in the latest quarter, The investment management firm added 70 additional shares and now holds a total of 35,761 shares of Procter & Gamble Co which is valued at $3,177,365. Procter & Gamble Co makes up approx 1.67% of Indiana Trust Investment Management Co’s portfolio.Private Asset Management Inc boosted its stake in PG in the latest quarter, The investment management firm added 2,039 additional shares and now holds a total of 79,440 shares of Procter & Gamble Co which is valued at $7,058,244. Procter & Gamble Co makes up approx 1.19% of Private Asset Management Inc’s portfolio.North Star Asset Management Inc reduced its stake in PG by selling 751 shares or 3.17% in the most recent quarter. The Hedge Fund company now holds 22,923 shares of PG which is valued at $2,036,709. Procter & Gamble Co makes up approx 0.23% of North Star Asset Management Inc’s portfolio.Lau Associates reduced its stake in PG by selling 230 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 33,880 shares of PG which is valued at $3,010,238. Procter & Gamble Co makes up approx 3.07% of Lau Associates’s portfolio.

Procter & Gamble Co opened for trading at $89.01 and hit $90.05 on the upside on Friday, eventually ending the session at $90, with a gain of 0.87% or 0.78 points. The heightened volatility saw the trading volume jump to 2,05,18,765 shares. Company has a market cap of $240,188 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 .

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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