Wendell David Associates Inc. Has $9.03 Million Position in Procter & Gamble Company (The) (PG)

Wendell David Associates Inc. Has $9.03 Million Position in Procter & Gamble Company (The) (PG)

Wendell David Associates Inc. reduced its 3.5% stake in Procter & Gamble Company (La) (NYSE: PG) in the first quarter, according to its most recent filing by the Securities and Exchange Commission.

Institutional investors carried out 100,473 shares of the company after selling 3,601 shares during the period.

Procter & Gamble Company (La) represents approximately 1.7% of the Wendell David Associates Inc. investment portfolio, making the most important stock the 19th position. Wendell David Associates Inc. in Procter & Gamble Company (La) was worth $ 9.027 million at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their equity holdings. State Street Corp. has increased its stake in Procter & Gamble Company (The) 0.9% in the fourth quarter.

State Street Corp. now owns 117,814,233 shares of the Company for a value of $ 9905,824 million having acquired 1,102,516 additional shares last quarter.

Norges Bank has acquired a new share position of Procter & Gamble Company (La) during the fourth quarter with a value of about $ 1,918,188. Loomis Sayles & Co. The P increased its stake in Procter & Gamble Company (The) 4.9% in the fourth quarter.

Loomis Sayles & Co. El P currently holds 8,766,489 shares of the Company for a value of $ 737,087 million after buying 406,412 additional shares last quarter. Master Advisors LLC increased its stake in Procter & Gamble Company (La) 1.5% in the fourth quarter.

Master Advisors LLC now owns 5,852,480 shares in the company’s capital amounting to $ 49,2077,000 after the purchase of 87,274 additional shares last quarter. Finally, an Asset Management Co. Ltd. increased its stake in Procter & Gamble Company (La) to 775.6% in the fourth quarter.

An Asset Management Co. Ltd. currently holds 4,562,545 shares of the Company for a value of $ 383,723,000 after buying 4,044,486 additional shares last quarter. 59.82% of the shares are held by hedge funds and other institutional investors.

Shares of Procter & Gamble Company (NYSE PG) opened at 87.74 on Tuesday. The company has a market capitalization of 224.41 billion, a PE ratio of 16.13 and a beta of 0.68. Procter & Gamble Company has a 12-month minimum of $ 81.18 and a maximum of $ 92 for 12 months. The 50-day moving average price of the stock is $ 87.86 and its 200-day moving average price is $ 88.03.
Procter & Gamble Company (La) (NYSE: PG) announced last quarterly results on Wednesday, April 26. The company reported a gain of $ 0.96 for the quarter, compared with analysts’ $ 0.94 consensus estimate of $ 0.02. The company posted a turnover of 15.61 billion in the quarter, compared with 15.70 billion analysts.

Procter & Gamble Company (La) has a net margin of 23.14% and a return on equity of 19.30%. The company’s turnover for the quarter decreased 1.0% compared to the same quarter last year.

During the same period last year, the company earned $ 0.86 earnings per share. On average, analysts predict that the shares of Procter & Gamble Company will post earnings per share of $ 3.85 for the current year’s distinction.

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