Federated Investors Inc. PA Has $746,852,000 Stake in Procter & Gamble Co (PG)

Federated Investors Inc. PA reduced its stake in Procter & Gamble Co (NYSE:PG) by 12.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,882,622 shares of the company’s stock after selling 1,247,011 shares during the period. Procter & Gamble Co comprises 2.2% of Federated Investors Inc. PA’s investment portfolio, making the stock its 8th largest position. Federated Investors Inc. PA’s holdings in Procter & Gamble Co were worth $746,852,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American National Bank raised its position in Procter & Gamble Co by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock valued at $102,000 after buying an additional 788 shares during the period. Benson Investment Management Company Inc. acquired a new position in Procter & Gamble Co during the fourth quarter valued at about $147,000. JJJ Advisors Inc. acquired a new position in Procter & Gamble Co during the fourth quarter valued at about $149,000. New Capital Management LP acquired a new position in Procter & Gamble Co during the fourth quarter valued at about $210,000. Finally, Loudon Investment Management LLC raised its position in Procter & Gamble Co by 1.9% in the fourth quarter. Loudon Investment Management LLC now owns 2,515 shares of the company’s stock valued at $211,000 after buying an additional 48 shares during the period. Hedge funds and other institutional investors own 68.33% of the company’s stock.

Institutional Ownership by Quarter for Procter & Gamble Co (NYSE:PG)

Shares of Procter & Gamble Co (NYSE:PG) opened at 91.22 on Tuesday. Procter & Gamble Co has a 52 week low of $79.10 and a 52 week high of $92.00. The firm’s 50 day moving average is $89.77 and its 200-day moving average is $86.86. The firm has a market cap of $233.20 billion, a price-to-earnings ratio of 16.71 and a beta of 0.64.

Procter & Gamble Co (NYSE:PG) last posted its earnings results on Friday, January 20th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. The firm had revenue of $16.90 billion for the quarter. Procter & Gamble Co had a return on equity of 18.58% and a net margin of 23.44%. The firm’s revenue was down .3% on a year-over-year basis. During the same period last year, the business earned $1.04 earnings per share. Equities research analysts predict that Procter & Gamble Co will post $3.84 EPS for the current year.

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Several research analysts have issued reports on the stock. B. Riley restated a “buy” rating and issued a $106.00 price target on shares of Procter & Gamble Co in a research report on Saturday, January 28th. Citigroup Inc lifted their price target on shares of Procter & Gamble Co from $100.00 to $102.00 and gave the stock a “buy” rating in a research report on Tuesday, January 24th. Jefferies Group LLC restated a “buy” rating and issued a $101.00 price target on shares of Procter & Gamble Co in a research report on Thursday, March 16th. Deutsche Bank AG cut shares of Procter & Gamble Co from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $95.00 to $90.00 in a research report on Tuesday, December 13th. Finally, Vetr upgraded shares of Procter & Gamble Co from a “sell” rating to a “hold” rating and set a $89.22 price objective on the stock in a research report on Monday, March 13th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have assigned a buy rating to the company. Procter & Gamble Co currently has a consensus rating of “Hold” and an average target price of $90.79.

In related news, CFO Jon R. Moeller sold 3,411 shares of the firm’s stock in a transaction dated Tuesday, February 28th. The stock was sold at an average price of $91.21, for a total transaction of $311,117.31. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Juan Fernando Posada sold 7,000 shares of the firm’s stock in a transaction dated Monday, January 30th. The stock was sold at an average price of $86.75, for a total value of $607,250.00. Following the sale, the insider now directly owns 21,989 shares in the company, valued at $1,907,545.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 401,936 shares of company stock worth $35,928,133. 0.35% of the stock is owned by corporate insiders.

About Procter & Gamble Co

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

5 Day Chart for NYSE:PG

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