Procter & Gamble Co (PG) is Wilkins Investment Counsel Inc.’s 10th Largest Position

Wilkins Investment Counsel Inc. raised its holdings in Procter & Gamble Co (NYSE:PG) by 11.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,394 shares of the company’s stock after buying an additional 12,940 shares during the period. Procter & Gamble comprises about 3.2% of Wilkins Investment Counsel Inc.’s holdings, making the stock its 10th largest position. Wilkins Investment Counsel Inc.’s holdings in Procter & Gamble were worth $10,179,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Marshall & Sullivan Inc. WA acquired a new stake in shares of Procter & Gamble during the second quarter worth about $149,000. Clearwater Capital Advisors LLC acquired a new stake in shares of Procter & Gamble during the first quarter worth about $154,000. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Procter & Gamble by 296.5% during the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,038 shares of the company’s stock worth $162,000 after purchasing an additional 1,524 shares in the last quarter. Financial Gravity Wealth Inc. acquired a new stake in shares of Procter & Gamble during the first quarter worth about $170,000. Finally, Clarus Wealth Advisors acquired a new stake in shares of Procter & Gamble during the second quarter worth about $172,000. Institutional investors own 58.57% of the company’s stock.

In other Procter & Gamble news, insider Deborah P. Majoras sold 11,097 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of $83.53, for a total value of $926,932.41. Following the sale, the insider now owns 46,096 shares of the company’s stock, valued at approximately $3,850,398.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathleen B. Fish sold 599 shares of Procter & Gamble stock in a transaction that occurred on Monday, August 27th. The shares were sold at an average price of $83.48, for a total value of $50,004.52. Following the completion of the sale, the insider now directly owns 38,655 shares in the company, valued at approximately $3,226,919.40. The disclosure for this sale can be found here. Insiders sold a total of 503,031 shares of company stock worth $46,239,889 in the last 90 days. 1.84% of the stock is currently owned by insiders.

PG has been the topic of a number of research analyst reports. Macquarie lifted their target price on Procter & Gamble from $86.00 to $92.00 and gave the stock an “outperform” rating in a research report on Monday, October 22nd. Societe Generale set a $87.00 target price on Procter & Gamble and gave the stock a “hold” rating in a research report on Tuesday, October 23rd. TD Securities reiterated a “hold” rating on shares of Procter & Gamble in a research report on Thursday, November 8th. UBS Group lifted their target price on Procter & Gamble from $82.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, October 22nd. Finally, Morgan Stanley set a $91.00 target price on Procter & Gamble and gave the stock a “hold” rating in a research report on Monday, October 22nd. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $88.38.

Shares of PG stock opened at $91.41 on Friday. The stock has a market capitalization of $230.44 billion, a P/E ratio of 21.66, a P/E/G 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 $94.81. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 0.80.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 19th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.03. The firm had revenue of $16.69 billion for the quarter, compared to analysts’ expectations of $16.45 billion. Procter & Gamble had a return on equity of 21.20% and a net margin of 15.10%. The firm’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.09 EPS. As a group, equities research analysts forecast that Procter & Gamble Co will post 4.41 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Friday, October 19th were given a $0.7172 dividend. This represents a $2.87 annualized dividend and a yield of 3.14%. The ex-dividend date was Thursday, October 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 68.01%.

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About Procter & Gamble

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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