P&G reports better results as it fends off activist challenge

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Texas Yale Capital Corp increased Procter And Gamble Co (PG) stake by 26.46% reported in 2016Q4 SEC filing. Canal Capital Management LLC boosted its stake in shares of Procter & Gamble Company (The) by 43.3% in the second quarter.

These firms have also modified their investment in PG. The company's stock had a trading volume of 4,577,701 shares. Riverpoint Capital Management Llc sold 5,379 shares as Procter And Gamble Co (PG)'s stock declined 5.32%. Deutsche Bank maintained Procter & Gamble Co (NYSE:PG) rating on Friday, July 31. Over the last quarter, insiders have sold 199,891 shares of company stock worth $17,276,637. Ltd. increased its position in Procter & Gamble Company (The) by 775.6% in the fourth quarter. Canal Capital Management LLC now owns 3,880 shares of the company's stock valued at $338,000 after buying an additional 1,173 shares during the last quarter. Mizuho Usa holds 1.35% of its portfolio in Procter & Gamble Co (NYSE:PG) for 386,139 shares.

06/21/2017 - Procter & Gamble Company (The) was downgraded to " by analysts at Capital One. The stock's market capitalization is 225.53B, it has a 52-week low of 81.18 and a 52-week high of 92.00.

After more than four years of divestiture-driven sales declines, P&G reported net sales that were flat at $16.08 billion in the quarter, helped in part by demand for its beauty and fabric & home care products such as SK-II and Tide Pods. The share price has moved forward from its 20 days moving average, trading at a distance of 24.08% and stays 23.74% away from its 50 days moving average. Northside Capital Mngmt Ltd Co invested 0.3% in Procter & Gamble Co (NYSE:PG). The company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.78 by $0.07. The firm had revenue of $16.08 billion for the quarter, compared to the consensus estimate of $16.01 billion. Next quarter's EPS is forecasted to be $1.09 with next year's EPS projected to be $4.11.

Net income attributable to the company rose to $2.22 billion, or 82 cents per share, in the three months ended June 30, from $1.95 billion, or 69 cents per share, a year earlier. On average, equities analysts expect that Procter & Gamble Company will post $3.85 EPS for the current year. Stockholders of record on Friday, July 21st will be paid a $0.6896 dividend. The dividend payment will be $0.690 per share for the quarter which is $2.76 annualized. The ex-dividend date will be on Wednesday the 19th of July 2017. Turning to some additional trading technicals, Strats SM Trust for Procter & Gamble Securities Series 2006-1 (GJR) now has a 50-day moving average of 20.91, the 200-day is at 20.17, and the 7-day is 21.60.

If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & global copyright & trademark laws. The correct version of this piece can be accessed at https://www.thestockobserver.com/2017/07/27/regent-investment-management-llc-has-5-48-million-stake-in-procter-gamble-company-the-pg-updated.html. It dropped, as 89 investors sold PG shares while 777 reduced holdings. The rating was upgraded by CLSA on Wednesday, October 26 to "Outperform". Royal Bank Of Canada restated a "hold" rating and issued a $80.00 price objective on shares of Procter & Gamble Company (The) in a research note on Monday, April 24th. Jefferies Group LLC reiterated a "buy" rating and set a $103.00 price target (up previously from $101.00) on shares of Procter & Gamble Company (The) in a report on Tuesday, April 18th.

On November 15 analysts at Wells Fargo initiated coverage on PG by announcing an initial rating of "Market Perform".

The Procter & Gamble Company (PG) has been given an average price target of $91.59 from analysts, according to data collected by Finviz. The stock was sold at an average price of $86.79, for a total value of $4,192,824.90. Following the transaction, the insider now directly owns 76,651 shares in the company, valued at $6,592,752.51. Also, insider Ioannis Skoufalos sold 3,879 shares of the business's stock in a transaction on Monday, May 22nd. About 10.27M shares traded. The disclosure for this sale can be found here. The insider Posada Juan Fernando sold 5,000 shares worth $440,000. The two giants in the industry have done a good job of carving up the market and capitalizing on opportunities in many different niches of the business, and savvy investors want to know which of these two successful companies has the more attractive stocks right now.

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