Connable Office Inc . Cuts Position in The Procter & Gamble Company ( NYSE : PG )

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* Connable Office Inc. reduced its stake in Procter & Gamble. * The reduction was significant, representing a 2.1% decrease in ownership. * Connable Office Inc. sold 545 shares during the quarter.

* **Analyst Ratings Changes:** Several equities research analysts have recently weighed in on PG shares. * **StockNews.com Downgrade:** StockNews.com downgraded shares of Procto & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. * **Strong Performance:** Procto & Gamble’s stock price surged over 20% in the past year.

The company’s financial health is strong, with a high current ratio and quick ratio, indicating a strong ability to meet short-term obligations. The debt-to-equity ratio of 1.51 suggests a moderate level of financial leverage. The market capitalization of $416.23 billion and the price-to-earnings ratio of 28.69 indicate a premium valuation. The PEG ratio of 3.81 suggests a growth potential, while the beta of 0.41 indicates a low volatility.

The dividend payout ratio is 50% of the company’s net income. The dividend announcement was made on July 19th, and the dividend was paid on August 15th. **Key Takeaways:**

* **Dividend Announcement:** Procter & Gamble (P&G) announced a quarterly dividend of $1.0065 per share on July 19th.

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