3,100 Shares in Procter & Gamble Co (PG) Acquired by TradeLink Capital LLC

TradeLink Capital LLC purchased a new position in shares of Procter & Gamble Co (NYSE:PG) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $242,000. Procter & Gamble comprises 1.2% of TradeLink Capital LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the company. One Capital Management LLC grew its stake in Procter & Gamble by 6.8% in the 2nd quarter. One Capital Management LLC now owns 36,211 shares of the company’s stock valued at $2,827,000 after buying an additional 2,293 shares during the last quarter. Capital Advisors Inc. OK grew its stake in Procter & Gamble by 29.2% in the 2nd quarter. Capital Advisors Inc. OK now owns 248,397 shares of the company’s stock valued at $19,390,000 after buying an additional 56,174 shares during the last quarter. Quadrant Private Wealth Management LLC grew its stake in Procter & Gamble by 33.3% in the 2nd quarter. Quadrant Private Wealth Management LLC now owns 5,657 shares of the company’s stock valued at $442,000 after buying an additional 1,413 shares during the last quarter. Boston Common Asset Management LLC grew its stake in Procter & Gamble by 10.6% in the 2nd quarter. Boston Common Asset Management LLC now owns 22,518 shares of the company’s stock valued at $1,758,000 after buying an additional 2,158 shares during the last quarter. Finally, QCI Asset Management Inc. NY grew its stake in Procter & Gamble by 4.0% in the 2nd quarter. QCI Asset Management Inc. NY now owns 191,896 shares of the company’s stock valued at $14,979,000 after buying an additional 7,450 shares during the last quarter. Institutional investors own 58.54% of the company’s stock.

A number of research firms recently issued reports on PG. Zacks Investment Research upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. ValuEngine raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. TD Securities reissued a “hold” rating and issued a $2.25 price target on shares of Procter & Gamble in a report on Thursday. Stifel Nicolaus reissued a “hold” rating and issued a $87.00 price target on shares of Procter & Gamble in a report on Monday, October 22nd. Finally, Morgan Stanley set a $91.00 price target on shares of Procter & Gamble and gave the company a “hold” rating in a report on Monday, October 22nd. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $83.48.

In other news, Vice Chairman Jon R. Moeller sold 2,873 shares of the firm’s stock in a transaction dated Monday, August 13th. The shares were sold at an average price of $81.35, for a total transaction of $233,718.55. Following the completion of the transaction, the insider now directly owns 113,638 shares of the company’s stock, valued at approximately $9,244,451.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider R. Alexandra Keith sold 1,463 shares of the firm’s stock in a transaction dated Friday, November 2nd. The stock was sold at an average price of $89.89, for a total transaction of $131,509.07. Following the transaction, the insider now directly owns 45,018 shares of the company’s stock, valued at $4,046,668.02. The disclosure for this sale can be found here. Insiders have sold a total of 73,477 shares of company stock valued at $6,125,522 over the last ninety days. 1.84% of the stock is owned by insiders.

NYSE:PG opened at $91.36 on Friday. The stock has a market cap of $230.70 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 3.00 and a beta of 0.37. Procter & Gamble Co has a 52 week low of $70.73 and a 52 week high of $93.14. The company has a quick ratio of 0.62, a current ratio of 0.80 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 19th. The company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.03. The company had revenue of $16.69 billion during the quarter, compared to the consensus estimate of $16.45 billion. Procter & Gamble had a net margin of 15.10% and a return on equity of 21.20%. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period last year, the firm earned $1.09 EPS. On average, equities research analysts expect that Procter & Gamble Co will post 4.41 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 15th. Stockholders of record on Friday, October 19th will be issued a dividend of $0.7172 per share. This represents a $2.87 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date is Thursday, October 18th. Procter & Gamble’s payout ratio is 68.01%.

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Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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