Pfizer Inc. (NYSE:PFE) Shares Bought by Vanguard Group Inc

Vanguard Group Inc boosted its stake in Pfizer Inc. (NYSE:PFE) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure …

Pfizer logoVanguard Group Inc boosted its stake in Pfizer Inc. (NYSE:PFE) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 441,792,969 shares of the biopharmaceutical company’s stock after acquiring an additional 6,620,749 shares during the period. Pfizer accounts for approximately 0.8% of Vanguard Group Inc’s holdings, making the stock its 13th biggest holding. Vanguard Group Inc owned 7.42% of Pfizer worth $19,469,816,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Fort L.P. purchased a new position in shares of Pfizer in the 2nd quarter worth about $121,000. Selective Wealth Management purchased a new position in shares of Pfizer in the 3rd quarter worth about $155,000. Point72 Hong Kong Ltd raised its position in shares of Pfizer by 7,195.5% in the 2nd quarter. Point72 Hong Kong Ltd now owns 4,815 shares of the biopharmaceutical company’s stock worth $175,000 after purchasing an additional 4,749 shares during the last quarter. Almanack Investment Partners LLC. purchased a new position in shares of Pfizer in the 3rd quarter worth about $198,000. Finally, Garrison Financial Corp purchased a new position in Pfizer in the 3rd quarter worth about $200,000. Institutional investors and hedge funds own 69.53% of the company’s stock.

Shares of PFE opened at $42.91 on Wednesday. The company has a market cap of $252.82 billion, a PE ratio of 14.30, a PEG ratio of 2.43 and a beta of 0.75. Pfizer Inc. has a 1 year low of $34.37 and a 1 year high of $46.47. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.33 and a current ratio of 1.57.

Pfizer (NYSE:PFE) last issued its quarterly earnings data on Tuesday, January 29th. The biopharmaceutical company reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The business had revenue of $13.98 billion for the quarter, compared to analysts’ expectations of $13.92 billion. Pfizer had a return on equity of 26.02% and a net margin of 20.79%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 EPS. As a group, equities analysts forecast that Pfizer Inc. will post 2.86 EPS for the current fiscal year.

Pfizer announced that its board has authorized a share repurchase program on Friday, December 14th that allows the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization allows the biopharmaceutical company to buy up to 3.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

In related news, insider Rady A. Johnson sold 8,700 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $41.13, for a total transaction of $357,831.00. Following the sale, the insider now owns 59,797 shares in the company, valued at approximately $2,459,450.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Douglas M. Lankler sold 5,000 shares of the stock in a transaction on Friday, February 1st. The shares were sold at an average price of $42.75, for a total value of $213,750.00. Following the sale, the executive vice president now owns 83,592 shares in the company, valued at approximately $3,573,558. The disclosure for this sale can be found here. Insiders have sold a total of 332,526 shares of company stock worth $14,346,539 in the last 90 days. 0.09% of the stock is currently owned by insiders.

PFE has been the subject of a number of recent research reports. Cantor Fitzgerald restated a “buy” rating and set a $53.00 price target on shares of Pfizer in a research note on Tuesday, December 11th. Argus upgraded Pfizer from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Thursday, January 31st. Bank of America boosted their price target on Pfizer from $45.00 to $48.00 and gave the company a “buy” rating in a research note on Monday. ValuEngine downgraded Pfizer from a “buy” rating to a “hold” rating in a research note on Thursday, January 24th. Finally, Credit Suisse Group set a $45.00 price objective on Pfizer and gave the company a “hold” rating in a research note on Thursday, December 13th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $45.16.

ILLEGAL ACTIVITY WARNING: This piece was reported by Modern Readers and is owned by of Modern Readers. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.modernreaders.com/news/2019/04/10/vanguard-group-inc-buys-6620749-shares-of-pfizer-inc-pfe.html.

Pfizer Company Profile

Pfizer Inc discovers, develops, manufactures, and sells healthcare products worldwide. It offers medicines and vaccines in various therapeutic areas, including internal medicine, vaccines, oncology, inflammation and immunology, and rare diseases under the Lyrica, Chantix/Champix, Eliquis, Ibrance, Sutent, Xalkori, Inlyta, Xtandi, Enbrel, Xeljanz, Eucrisa, BeneFix, Genotropin, and Refacto AF/Xyntha brands.

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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Weyerhaeuser Co (WY) Shareholder Torch Wealth Management Decreased Its Position; Vanguard …

Vanguard Group Inc decreased its stake in Freightcar Amer Inc (RAIL) by 35.52% based on its latest 2018Q4 regulatory filing with the SEC. Vanguard …

Weyerhaeuser Company (NYSE:WY) Logo

Vanguard Group Inc decreased its stake in Freightcar Amer Inc (RAIL) by 35.52% based on its latest 2018Q4 regulatory filing with the SEC. Vanguard Group Inc sold 215,468 shares as the company’s stock declined 18.92% while stock markets rallied. The institutional investor held 391,081 shares of the capital goods company at the end of 2018Q4, valued at $2.62 million, down from 606,549 at the end of the previous reported quarter. Vanguard Group Inc who had been investing in Freightcar Amer Inc for a number of months, seems to be less bullish one the $85.44 million market cap company. The stock increased 0.44% or $0.03 during the last trading session, reaching $6.78. About 4,541 shares traded. FreightCar America, Inc. (NASDAQ:RAIL) has declined 44.79% since April 10, 2018 and is downtrending. It has underperformed by 49.16% the S&P500. Some Historical RAIL News: 02/05/2018 – FreightCar America 1Q Rev $83M; 05/04/2018 Report: Developing Opportunities within Insulet, Karyopharm Therapeutics, Playa Hotels & Resorts N.V, Cision Ltd., Freightcar A; 19/04/2018 – DJ FreightCar America Inc, Inst Holders, 1Q 2018 (RAIL); 30/05/2018 – Analysis: Positioning to Benefit within Aldeyra Therapeutics, Freightcar America, Bank of Hawaii, Heritage-Crystal Clean, Amedi; 02/05/2018 – FreightCar America 1Q Loss/Shr 51c; 02/05/2018 – FreightCar America Raising Delivery Outlook for 2018

Torch Wealth Management Llc decreased its stake in Weyerhaeuser Co (WY) by 31.3% based on its latest 2018Q4 regulatory filing with the SEC. Torch Wealth Management Llc sold 24,520 shares as the company’s stock declined 7.42% while stock markets rallied. The institutional investor held 53,830 shares of the real estate investment trusts company at the end of 2018Q4, valued at $1.18M, down from 78,350 at the end of the previous reported quarter. Torch Wealth Management Llc who had been investing in Weyerhaeuser Co for a number of months, seems to be less bullish one the $19.73 billion market cap company. The stock decreased 0.41% or $0.11 during the last trading session, reaching $26.49. About 303,165 shares traded. Weyerhaeuser Company (NYSE:WY) has declined 27.39% since April 10, 2018 and is downtrending. It has underperformed by 31.76% the S&P500.

Vanguard Group Inc, which manages about $2225.64 billion US Long portfolio, upped its stake in Sanfilippo John B & Son Inc (NASDAQ:JBSS) by 32,132 shares to 532,882 shares, valued at $29.66 million in 2018Q4, according to the filing. It also increased its holding in Pinnacle West Cap Corp (NYSE:PNW) by 396,484 shares in the quarter, for a total of 12.56 million shares, and has risen its stake in Mcdermott Intl Inc.

Analysts await FreightCar America, Inc. (NASDAQ:RAIL) to report earnings on May, 1. They expect $-0.49 EPS, up 3.92% or $0.02 from last year’s $-0.51 per share. After $-0.58 actual EPS reported by FreightCar America, Inc. for the previous quarter, Wall Street now forecasts -15.52% EPS growth.

More notable recent FreightCar America, Inc. (NASDAQ:RAIL) news were published by: Nasdaq.com which released: “LB Foster Announces Settlement of Union Pacific Litigation – Nasdaq” on March 14, 2019, also Nasdaq.com with their article: “CN investing more than $245 million to expand and strengthen Saskatchewan’s rail infrastructure in 2019 – Nasdaq” published on March 18, 2019, Nasdaq.com published: “Here’s Why You Should Add Voya Financial to Your Portfolio – Nasdaq” on April 08, 2019. More interesting news about FreightCar America, Inc. (NASDAQ:RAIL) were released by: Nasdaq.com and their article: “Floods shut nearly a sixth of U.S. ethanol production – Nasdaq” published on March 22, 2019 as well as Nasdaq.com‘s news article titled: “China state planner says will continue reform in oil, rail and electrity – Nasdaq” with publication date: March 23, 2019.

Since November 5, 2018, it had 4 insider purchases, and 0 selling transactions for $92,994 activity. MALIEKEL JOSEPH J bought 1,000 shares worth $10,130. Another trade for 1,000 shares valued at $10,080 was bought by KOHNKE MATTHEW S. Another trade for 2,500 shares valued at $23,500 was made by MADDEN THOMAS A on Monday, November 26.

Investors sentiment decreased to 0.91 in Q4 2018. Its down 0.06, from 0.97 in 2018Q3. It is negative, as 10 investors sold RAIL shares while 25 reduced holdings. 13 funds opened positions while 19 raised stakes. 9.01 million shares or 3.27% less from 9.31 million shares in 2018Q3 were reported. Alliancebernstein Limited Partnership invested 0% of its portfolio in FreightCar America, Inc. (NASDAQ:RAIL). Bancorporation Of Montreal Can reported 163 shares stake. Strs Ohio invested in 0% or 500 shares. State Street accumulated 0% or 210,702 shares. Millennium Ltd, a New York-based fund reported 36,963 shares. California State Teachers Retirement Sys invested 0% in FreightCar America, Inc. (NASDAQ:RAIL). Engineers Gate Manager Limited Partnership owns 17,800 shares. The New York-based Goldman Sachs Group Inc has invested 0% in FreightCar America, Inc. (NASDAQ:RAIL). Ancora Ltd Liability Corp reported 178,690 shares. Deutsche Comml Bank Ag accumulated 58,088 shares. 59,192 are held by Panagora Asset Management. Wealthtrust invested 0% in FreightCar America, Inc. (NASDAQ:RAIL). Stone Ridge Asset Mngmt Limited Liability reported 12,627 shares stake. 391,081 were accumulated by Vanguard. State Board Of Administration Of Florida Retirement Systems owns 14,609 shares.

Analysts await Weyerhaeuser Company (NYSE:WY) to report earnings on April, 26. They expect $0.13 earnings per share, down 63.89% or $0.23 from last year’s $0.36 per share. WY’s profit will be $96.82 million for 50.94 P/E if the $0.13 EPS becomes a reality. After $0.10 actual earnings per share reported by Weyerhaeuser Company for the previous quarter, Wall Street now forecasts 30.00% EPS growth.

Investors sentiment decreased to 0.54 in 2018 Q4. Its down 0.32, from 0.86 in 2018Q3. It dived, as 100 investors sold WY shares while 342 reduced holdings. 74 funds opened positions while 166 raised stakes. 553.73 million shares or 1.78% more from 544.04 million shares in 2018Q3 were reported. Freestone Cap Limited Liability Corporation stated it has 0.04% in Weyerhaeuser Company (NYSE:WY). Neville Rodie Shaw holds 70,413 shares or 0.19% of its portfolio. 10.98M were reported by Northern Corp. Mariner Limited Liability Co reported 0% in Weyerhaeuser Company (NYSE:WY). Bank Of Ny Mellon Corp has 5.70 million shares for 0.04% of their portfolio. Winslow Asset Mgmt invested in 1.34% or 263,291 shares. Appleton Prtnrs Inc Ma has 20,106 shares for 0.07% of their portfolio. Cypress Asset Mgmt Incorporated Tx has invested 0.11% of its portfolio in Weyerhaeuser Company (NYSE:WY). Belgium-based Kbc Gru Nv has invested 0.02% in Weyerhaeuser Company (NYSE:WY). Robeco Institutional Asset Management Bv holds 80,721 shares or 0.01% of its portfolio. Colony Gru Limited Liability Corp reported 17,972 shares stake. Manufacturers Life Insurance The has 737,535 shares. Wesbanco Bankshares reported 0.02% stake. Twin Management holds 0.1% or 80,520 shares. Nomura holds 0% of its portfolio in Weyerhaeuser Company (NYSE:WY) for 17,587 shares.

Since February 1, 2019, it had 0 buys, and 1 sale for $210,526 activity.

Weyerhaeuser Company (NYSE:WY) Institutional Positions Chart

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Equity Residential (EQR) Stock Price Rose While Vanguard Group Trimmed Position; Cenovus …

Vanguard Group Inc decreased its stake in Equity Residential (EQR) by 0.14% based on its latest 2018Q4 regulatory filing with the SEC. Vanguard …

Cenovus Energy Inc. (NYSE:CVE) Logo

Vanguard Group Inc decreased its stake in Equity Residential (EQR) by 0.14% based on its latest 2018Q4 regulatory filing with the SEC. Vanguard Group Inc sold 68,361 shares as the company’s stock rose 5.35% with the market. The institutional investor held 47.10 million shares of the real estate investment trusts company at the end of 2018Q4, valued at $3.11B, down from 47.16 million at the end of the previous reported quarter. Vanguard Group Inc who had been investing in Equity Residential for a number of months, seems to be less bullish one the $29.00B market cap company. The stock decreased 0.07% or $0.05 during the last trading session, reaching $75.56. About 831,641 shares traded. Equity Residential (NYSE:EQR) has risen 31.36% since April 9, 2018 and is uptrending. It has outperformed by 26.99% the S&P500. Some Historical EQR News: 24/04/2018 – EQR SEES 2Q NORMALIZED FFO/SHR 77C TO 81C, EST. 80C; 24/04/2018 – Equity Residential’s Forecast Beats Projections — Earnings Review; 24/04/2018 – EQUITY RESIDENTIAL 1Q NORMALIZED FFO/SHR 77C, EST. 77C; 25/04/2018 – EQUITY RESIDENTIAL COO DAVID SANTEE SPEAKS IN CALL; 25/04/2018 – EQR INCOMING COO MICHAEL MANELIS SPEAKS ON CALL; 24/04/2018 – Equity Residential 1Q Rev $633M; 24/04/2018 – Equity Residential Sees 2Q EPS 36c-EPS 40c; 24/04/2018 – EQUITY RESIDENTIAL 1Q REV. $633.0M, EST. $627.9M; 24/04/2018 – Equity Residential 1Q FFO 71c/Shr; 15/03/2018 – EQUITY RESIDENTIAL BOOSTS QTR DIV TO 54C FROM 50.375C

Foundation Resource Management Inc decreased its stake in Cenovus Energy Inc. (CVE) by 9.5% based on its latest 2018Q4 regulatory filing with the SEC. Foundation Resource Management Inc sold 55,591 shares as the company’s stock rose 24.53% with the market. The institutional investor held 529,750 shares of the oil & gas production company at the end of 2018Q4, valued at $3.72 million, down from 585,341 at the end of the previous reported quarter. Foundation Resource Management Inc who had been investing in Cenovus Energy Inc. for a number of months, seems to be less bullish one the $11.89B market cap company. The stock increased 2.66% or $0.25 during the last trading session, reaching $9.64. About 5.39 million shares traded or 22.32% up from the average. Cenovus Energy Inc. (NYSE:CVE) has risen 17.90% since April 9, 2018 and is uptrending. It has outperformed by 13.53% the S&P500. Some Historical CVE News: 22/03/2018 – CENOVUS ENERGY INC CVE.TO – IN ONGOING DISCUSSIONS WITH RAIL PROVIDERS TO RESOLVE A SHORTAGE OF LOCOMOTIVE HAULING CAPACITY; 25/04/2018 – CENOVUS OPTIMISTIC MOST OF THREE MAJOR PIPELINE PROJECTS HAPPEN; 05/04/2018 – CENOVUS NAMES JONATHAN MCKENZIE AS CFO; 08/05/2018 – Cenovus Energy Forms Golden Cross: Technicals; 25/04/2018 – CENOVUS WILL BE MARKETING DEEP BASIN PACKAGES IN 2-3 MONTHS; 25/04/2018 – CENOVUS ENERGY INC CVE.TO SAYS SHAREHOLDERS SHOULD EXPECT TO SEE A MUCH MORE CONSERVATIVE HEDGING PROGRAM- CONF CALL; 23/03/2018 – Andrew: Cenovus seeks partner for C$1.3 billion Narrows Lake project; 25/04/2018 – CENOVUS SAYS RAIL COMPANIES REACTIVATING LOCOMOTIVES; 06/03/2018 CENOVUS CUT BREAK-EVEN TO $40/BBL FROM $70/BBL IN 4-5 YRS: CEO; 16/03/2018 – Cenovus seeks partner for C$1.3 bln Narrows Lake project

More notable recent Cenovus Energy Inc. (NYSE:CVE) news were published by: Seekingalpha.com which released: “Cenovus Delivers In The Darkest Hour – Seeking Alpha” on November 02, 2018, also Fool.ca with their article: “3 TSX Stock Purchases I Made for My Personal Investment Account Last Week – The Motley Fool Canada” published on April 08, 2019, Fool.ca published: “Exxon Mobil Corporation (NYSE:XOM) Just Showed Why Canadian Oil Sands Stocks Are Dead – The Motley Fool Canada” on March 16, 2019. More interesting news about Cenovus Energy Inc. (NYSE:CVE) were released by: Fool.ca and their article: “Will Oil Prices Collapse Once Again? – The Motley Fool Canada” published on March 20, 2019 as well as Fool.ca‘s news article titled: “What Next for Venezuela? – The Motley Fool Canada” with publication date: March 27, 2019.

Foundation Resource Management Inc, which manages about $1.98B and $463.02M US Long portfolio, upped its stake in Newmont Mining (NYSE:NEM) by 18,025 shares to 927,974 shares, valued at $32.15 million in 2018Q4, according to the filing.

Analysts await Cenovus Energy Inc. (NYSE:CVE) to report earnings on April, 24. They expect $0.09 earnings per share, up 118.75% or $0.57 from last year’s $-0.48 per share. CVE’s profit will be $111.02M for 26.78 P/E if the $0.09 EPS becomes a reality. After $-1.03 actual earnings per share reported by Cenovus Energy Inc. for the previous quarter, Wall Street now forecasts -108.74% EPS growth.

Vanguard Group Inc, which manages about $2225.64 billion US Long portfolio, upped its stake in Avaya Hldgs Corp by 649,498 shares to 9.99M shares, valued at $145.38 million in 2018Q4, according to the filing. It also increased its holding in Armstrong World Inds Inc New (NYSE:AWI) by 767,086 shares in the quarter, for a total of 4.83 million shares, and has risen its stake in Autonation Inc (NYSE:AN).

Investors sentiment increased to 1.07 in Q4 2018. Its up 0.12, from 0.95 in 2018Q3. It is positive, as 33 investors sold EQR shares while 144 reduced holdings. 53 funds opened positions while 136 raised stakes. 316.74 million shares or 1.21% more from 312.96 million shares in 2018Q3 were reported. Vanguard Incorporated holds 47.10M shares or 0.14% of its portfolio. Dupont Cap Mgmt accumulated 87,166 shares. Barrett Asset Mngmt Ltd Liability Company reported 0.28% of its portfolio in Equity Residential (NYSE:EQR). Tradewinds Mgmt Limited Liability invested 0.03% in Equity Residential (NYSE:EQR). Gemmer Asset owns 46 shares or 0% of their US portfolio. Amer Inv Services Inc invested in 7,917 shares or 0.19% of the stock. Stanley has invested 0.43% of its portfolio in Equity Residential (NYSE:EQR). Amica Retiree Medical Tru reported 0.25% stake. Riverhead Capital has 0.05% invested in Equity Residential (NYSE:EQR) for 16,431 shares. Montag A And Assoc accumulated 3,720 shares or 0.03% of the stock. Apg Asset Mgmt Us Inc reported 15.06 million shares. Horizon Kinetics reported 0.01% in Equity Residential (NYSE:EQR). Royal London Asset Management Ltd owns 149,305 shares or 0.09% of their US portfolio. Prudential Plc reported 3,316 shares. Bbva Compass National Bank & Trust reported 2,073 shares or 0.01% of all its holdings.

Analysts await Equity Residential (NYSE:EQR) to report earnings on April, 23. They expect $0.81 EPS, up 5.19% or $0.04 from last year’s $0.77 per share. EQR’s profit will be $310.91 million for 23.32 P/E if the $0.81 EPS becomes a reality. After $0.84 actual EPS reported by Equity Residential for the previous quarter, Wall Street now forecasts -3.57% negative EPS growth.

More notable recent Equity Residential (NYSE:EQR) news were published by: Seekingalpha.com which released: “Equity Residential: A Property Giant, But Is It A Good Buy? – Seeking Alpha” on December 31, 2018, also Seekingalpha.com with their article: “Equity Residential floats $400M in green bonds – Seeking Alpha” published on December 05, 2018, Investorplace.com published: “The 5 Best ETFs to Buy for a Complete Income Portfolio – Investorplace.com” on March 18, 2019. More interesting news about Equity Residential (NYSE:EQR) were released by: Seekingalpha.com and their article: “Equity Residential declares $0.5675 dividend – Seeking Alpha” published on March 14, 2019 as well as Gurufocus.com‘s news article titled: “5 Companies Growing Book Value – GuruFocus.com” with publication date: April 08, 2019.

Since October 25, 2018, it had 0 insider buys, and 25 insider sales for $36.87 million activity. The insider GEORGE ALAN W sold $2.37 million. $3.68 million worth of Equity Residential (NYSE:EQR) was sold by NEITHERCUT DAVID J on Friday, February 8. $158,928 worth of Equity Residential (NYSE:EQR) was sold by Sorenson Christa L. 2,003 shares were sold by Brackenridge Alexander, worth $144,641. Shares for $739,980 were sold by Altshuler Barry. 684 shares were sold by Manelis Michael L, worth $49,393.

Equity Residential (NYSE:EQR) Institutional Positions Chart

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Procter & Gamble Co (PG) Position Raised by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Procter & Gamble Co (NYSE:PG) by 0.5% in the third quarter, according to its most recent disclosure with the …

Procter & Gamble logoVanguard Group Inc. grew its holdings in Procter & Gamble Co (NYSE:PG) by 0.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 188,401,646 shares of the company’s stock after buying an additional 853,269 shares during the period. Procter & Gamble accounts for approximately 0.6% of Vanguard Group Inc.’s portfolio, making the stock its 21st largest position. Vanguard Group Inc. owned about 7.47% of Procter & Gamble worth $15,680,670,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PG. Blackhawk Capital Partners LLC. increased its stake in Procter & Gamble by 2.3% in the 3rd quarter. Blackhawk Capital Partners LLC. now owns 24,279 shares of the company’s stock valued at $2,021,000 after purchasing an additional 547 shares in the last quarter. Grand Jean Capital Management Inc. increased its stake in shares of Procter & Gamble by 4.6% during the 3rd quarter. Grand Jean Capital Management Inc. now owns 12,577 shares of the company’s stock worth $1,047,000 after purchasing an additional 548 shares in the last quarter. Peak Asset Management LLC raised its position in shares of Procter & Gamble by 2.3% during the 3rd quarter. Peak Asset Management LLC now owns 25,119 shares of the company’s stock worth $2,091,000 after purchasing an additional 556 shares during the last quarter. Motco lifted its stake in Procter & Gamble by 20.0% in the 3rd quarter. Motco now owns 3,353 shares of the company’s stock valued at $279,000 after buying an additional 558 shares in the last quarter. Finally, Wagner Wealth Management LLC lifted its stake in Procter & Gamble by 9.4% in the 3rd quarter. Wagner Wealth Management LLC now owns 6,566 shares of the company’s stock valued at $546,000 after buying an additional 566 shares in the last quarter. Institutional investors and hedge funds own 61.61% of the company’s stock.

Several equities analysts have weighed in on PG shares. Citigroup raised their price target on Procter & Gamble from $99.00 to $104.00 and gave the stock a “buy” rating in a research report on Monday, December 10th. Bank of America raised shares of Procter & Gamble from a “neutral” rating to a “buy” rating and set a $108.00 target price for the company in a research note on Thursday, December 13th. Morgan Stanley raised shares of Procter & Gamble from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $91.00 to $106.00 in a research note on Thursday, December 13th. Zacks Investment Research raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Wednesday, December 19th. Finally, Barclays restated a “hold” rating and set a $89.00 target price on shares of Procter & Gamble in a research report on Tuesday, January 8th. Thirteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $97.74.

Shares of PG stock traded up $1.32 on Monday, reaching $104.97. 8,468,544 shares of the stock were exchanged, compared to its average volume of 9,214,561. Procter & Gamble Co has a 1-year low of $70.73 and a 1-year high of $105.14. The company has a market cap of $261.30 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 3.37 and a beta of 0.38. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Wednesday, January 23rd. The company reported $1.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.21 by $0.04. The firm had revenue of $17.44 billion during the quarter, compared to the consensus estimate of $17.16 billion. Procter & Gamble had a return on equity of 21.41% and a net margin of 16.13%. The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.19 earnings per share. As a group, analysts expect that Procter & Gamble Co will post 4.47 earnings per share for the current fiscal year.

In related news, insider R. Alexandra Keith sold 3,027 shares of the business’s stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $98.57, for a total transaction of $298,371.39. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Vice Chairman Jon R. Moeller sold 3,224 shares of the stock in a transaction that occurred on Thursday, February 28th. The shares were sold at an average price of $98.57, for a total transaction of $317,789.68. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,270,496 shares of company stock valued at $224,931,027. Corporate insiders own 1.84% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Modern Readers and is owned by of Modern Readers. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.modernreaders.com/news/2019/04/08/vanguard-group-inc-has-15-68-billion-holdings-in-procter-gamble-co-pg.html.

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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Vanguard Group Inc. Has $17.83 Billion Position in AT&T Inc. (T)

Vanguard Group Inc. lifted its holdings in shares of AT&T Inc. (NYSE:T) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the …

AT&T logoVanguard Group Inc. lifted its holdings in shares of AT&T Inc. (NYSE:T) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 531,005,481 shares of the technology company’s stock after buying an additional 3,379,045 shares during the period. AT&T makes up approximately 0.7% of Vanguard Group Inc.’s holdings, making the stock its 15th largest position. Vanguard Group Inc. owned approximately 8.65% of AT&T worth $17,831,164,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in T. Gables Capital Management Inc. boosted its holdings in shares of AT&T by 6.1% in the 2nd quarter. Gables Capital Management Inc. now owns 66,807 shares of the technology company’s stock worth $2,150,000 after purchasing an additional 3,851 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake in AT&T by 13.0% in the second quarter. Ausdal Financial Partners Inc. now owns 105,038 shares of the technology company’s stock worth $3,373,000 after buying an additional 12,100 shares in the last quarter. Alerus Financial NA boosted its stake in AT&T by 2.4% in the second quarter. Alerus Financial NA now owns 79,456 shares of the technology company’s stock worth $2,552,000 after buying an additional 1,852 shares in the last quarter. Wesbanco Bank Inc. boosted its stake in AT&T by 0.9% in the second quarter. Wesbanco Bank Inc. now owns 551,585 shares of the technology company’s stock worth $17,711,000 after buying an additional 5,069 shares in the last quarter. Finally, Independent Advisor Alliance grew its position in AT&T by 21.8% during the second quarter. Independent Advisor Alliance now owns 200,086 shares of the technology company’s stock valued at $5,970,000 after acquiring an additional 35,806 shares during the last quarter. 64.59% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently issued reports on T. Desjardins reaffirmed an “average” rating and set a $56.50 price objective on shares of AT&T in a research note on Friday. ValuEngine lowered AT&T from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 5th. Cowen raised their price target on AT&T from $34.00 to $36.00 in a research report on Sunday, December 9th. Citigroup raised AT&T from a “neutral” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Tuesday, December 11th. Finally, JPMorgan Chase & Co. raised AT&T from a “neutral” rating to an “overweight” rating and set a $31.82 price objective for the company in a research note on Sunday, December 9th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $36.26.

Shares of T traded up $0.04 during mid-day trading on Monday, hitting $32.39. 37,214,057 shares of the company’s stock traded hands, compared to its average volume of 32,114,836. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $198.60 billion, a PE ratio of 9.20, a price-to-earnings-growth ratio of 1.37 and a beta of 0.59. AT&T Inc. has a 1 year low of $26.80 and a 1 year high of $36.39.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 30th. The technology company reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. The company had revenue of $47.99 billion during the quarter, compared to analyst estimates of $48.50 billion. AT&T had a return on equity of 13.47% and a net margin of 11.34%. The firm’s revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 earnings per share. Research analysts forecast that AT&T Inc. will post 3.59 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Wednesday, April 10th will be given a $0.51 dividend. The ex-dividend date is Tuesday, April 9th. This represents a $2.04 annualized dividend and a dividend yield of 6.30%. AT&T’s dividend payout ratio is 57.95%.

In other news, CEO John T. Stankey sold 3,748 shares of AT&T stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $29.84, for a total transaction of $111,840.32. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.07% of the company’s stock.

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AT&T Profile

AT&T Inc provides telecommunication, media, and technology services worldwide. The company operates through four segments: Communications, WarnerMedia, Latin America, and Xandr. The Communications segment provides wireless and wireline telecom, video, and broadband and Internet services; video entertainment services using satellite, IP-based, and streaming options; and audio programming services under the AT&T, Cricket, AT&T PREPAID, and DIRECTV brands to residential and business customers.

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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