Procter & Gamble Co (PG) : Rodgers Brothers scooped up 651 additional shares in Procter & Gamble Co during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 95,961 shares of Procter & Gamble Co which is valued at $8 Million.Procter & Gamble Co makes up approximately 3.58% of Rodgers Brothers’s portfolio.
Other Hedge Funds, Including , Mission Wealth Management boosted its stake in PG during the Q4 period, The investment management firm added 1,178 additional shares and now holds a total of 8,121 shares of Procter & Gamble Co which is valued at $675,261. Procter & Gamble Co makes up approx 0.18% of Mission Wealth Management’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in PG during the Q4 period, The investment management firm added 21,771 additional shares and now holds a total of 4,234,009 shares of Procter & Gamble Co which is valued at $352.1 Million. Procter & Gamble Co makes up approx 1.17% of Mizuho Trust Banking Ltd.’s portfolio.South Dakota Investment Council reduced its stake in PG by selling 9,500 shares or 1.65% during the fourth quarter. The Hedge Fund company now holds 565,443 shares of PG which is valued at $47 Million. Procter & Gamble Co makes up approx 1.02% of South Dakota Investment Council’s portfolio.Beck Mack & Oliver reduced its stake in PG by selling 4,854 shares or 4.11% during the fourth quarter. The Hedge Fund company now holds 113,364 shares of PG which is valued at $9.3 Million. Procter & Gamble Co makes up approx 0.33% of Beck Mack & Oliver’s portfolio.
On the company’s financial health, Procter & Gamble Co reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $0.98. The company had revenue of $16915.00 million for the quarter, compared to analysts expectations of $16940.63 million. The company’s revenue was down -8.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.06 EPS.
Many Wall Street Analysts have commented on Procter & Gamble Co. Shares were Reiterated by B. Riley & Co. on Mar 30, 2016 to “Neutral” and Lowered the Price Target to $ 74 from a previous price target of $81 .Procter & Gamble Co was Upgraded by Sterne Agee CRT to ” Buy” on Feb 16, 2016. Company shares were Reiterated by UBS on Jan 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 84 from a previous price target of $80 .
Procter & Gamble Co closed down -0.32 points or -0.38% at $83.21 with 55,93,417 shares getting traded on Monday. Post opening the session at $83.65, the shares hit an intraday low of $83.03 and an intraday high of $83.65 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.