Campbell & CO Investment Adviser LLC Acquires Shares of 2,043 Procter & Gamble Co (NYSE:PG)

Campbell & CO Investment Adviser LLC bought a new position in Procter & Gamble Co (NYSE:PG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,043 shares of the company’s stock, valued at approximately $244,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cadinha & Co. LLC raised its position in shares of Procter & Gamble by 1.4% during the 2nd quarter. Cadinha & Co. LLC now owns 5,606 shares of the company’s stock valued at $670,000 after acquiring an additional 80 shares during the last quarter. Mosaic Family Wealth LLC increased its position in shares of Procter & Gamble by 1.2% in the 2nd quarter. Mosaic Family Wealth LLC now owns 6,804 shares of the company’s stock valued at $814,000 after buying an additional 81 shares in the last quarter. Allred Capital Management LLC increased its position in shares of Procter & Gamble by 0.5% in the 1st quarter. Allred Capital Management LLC now owns 15,959 shares of the company’s stock valued at $1,755,000 after buying an additional 83 shares in the last quarter. Jolley Asset Management LLC increased its position in shares of Procter & Gamble by 4.2% in the 1st quarter. Jolley Asset Management LLC now owns 2,105 shares of the company’s stock valued at $232,000 after buying an additional 85 shares in the last quarter. Finally, First Financial Corp IN increased its position in shares of Procter & Gamble by 0.6% in the 1st quarter. First Financial Corp IN now owns 14,418 shares of the company’s stock valued at $1,586,000 after buying an additional 86 shares in the last quarter. 63.33% of the stock is currently owned by institutional investors and hedge funds.

PG has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their price objective on shares of Procter & Gamble from $140.00 to $148.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Deutsche Bank upped their price objective on shares of Procter & Gamble from $133.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, July 27th. SunTrust Banks upped their target price on shares of Procter & Gamble from $115.00 to $120.00 in a research note on Wednesday, July 22nd. Stifel Nicolaus upped their target price on shares of Procter & Gamble from $117.00 to $129.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Finally, Morgan Stanley upped their target price on shares of Procter & Gamble from $134.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Procter & Gamble currently has an average rating of “Buy” and an average price target of $133.67.

Procter & Gamble stock opened at $131.12 on Friday. The firm has a 50-day moving average of $121.39 and a 200-day moving average of $119.14. Procter & Gamble Co has a one year low of $94.34 and a one year high of $132.03. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.85 and a quick ratio of 0.66. The company has a market cap of $325.35 billion, a price-to-earnings ratio of 26.44, a P/E/G ratio of 3.44 and a beta of 0.42.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.16 EPS for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.15. Procter & Gamble had a net margin of 18.36% and a return on equity of 29.38%. The company had revenue of $17.70 billion during the quarter, compared to the consensus estimate of $16.97 billion. During the same period in the prior year, the business posted $1.10 EPS. The company’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts expect that Procter & Gamble Co will post 5.3 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a $0.7907 dividend. The ex-dividend date of this dividend is Thursday, July 23rd. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.41%. Procter & Gamble’s payout ratio is 61.72%.

In other news, CFO Jon R. Moeller sold 130,626 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $116.37, for a total value of $15,200,947.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Nelson Peltz sold 1,005,263 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $114.50, for a total transaction of $115,102,613.50. Following the completion of the sale, the director now directly owns 3,891 shares in the company, valued at $445,519.50. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,570,603 shares of company stock worth $179,504,390. 1.75% of the stock is owned by insiders.

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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