Robeco Institutional Asset Management B.V. Acquires 19,096 Shares of The Procter & Gamble Company (NYSE:PG)

Robeco Institutional Asset Management B.V. raised its holdings in The Procter & Gamble Company (NYSE:PG) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,847,204 shares of the company’s stock after purchasing an additional 19,096 shares during the quarter. Procter & Gamble makes up about 1.0% of Robeco Institutional Asset Management B.V.’s investment portfolio, making the stock its 15th largest position. Robeco Institutional Asset Management B.V.’s holdings in Procter & Gamble were worth $493,136,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Blue Square Asset Management LLC increased its stake in shares of Procter & Gamble by 1.2% in the third quarter. Blue Square Asset Management LLC now owns 11,112 shares of the company’s stock valued at $1,925,000 after buying an additional 135 shares in the last quarter. BSW Wealth Partners grew its holdings in Procter & Gamble by 0.9% during the 3rd quarter. BSW Wealth Partners now owns 28,136 shares of the company’s stock worth $4,873,000 after acquiring an additional 264 shares during the last quarter. Angeles Wealth Management LLC increased its position in Procter & Gamble by 2.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 6,196 shares of the company’s stock valued at $1,073,000 after acquiring an additional 149 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Procter & Gamble by 9.8% in the third quarter. Van ECK Associates Corp now owns 422,334 shares of the company’s stock worth $71,619,000 after acquiring an additional 37,609 shares during the last quarter. Finally, Whitener Capital Management Inc. lifted its position in shares of Procter & Gamble by 0.9% during the third quarter. Whitener Capital Management Inc. now owns 36,024 shares of the company’s stock worth $6,239,000 after purchasing an additional 338 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 96,000 shares of the company’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $170.00, for a total transaction of $16,320,000.00. Following the completion of the transaction, the chief executive officer now directly owns 13,721 shares of the company’s stock, valued at $2,332,570. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Ma. Fatima Francisco sold 96,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $170.00, for a total transaction of $16,320,000.00. Following the completion of the transaction, the chief executive officer now directly owns 13,721 shares of the company’s stock, valued at $2,332,570. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jon R. Moeller sold 37,240 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $168.89, for a total transaction of $6,289,463.60. Following the completion of the sale, the chief executive officer now directly owns 263,537 shares in the company, valued at approximately $44,508,763.93. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 385,771 shares of company stock valued at $65,610,975. 0.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on PG. DZ Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a report on Thursday, August 29th. Jefferies Financial Group downgraded Procter & Gamble from a “buy” rating to a “hold” rating and dropped their target price for the stock from $182.00 to $175.00 in a research report on Wednesday, July 24th. Dbs Bank cut Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Finally, DA Davidson lifted their price target on shares of Procter & Gamble from $159.00 to $160.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Nine investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $177.00.

Procter & Gamble Stock Performance

PG stock opened at $165.10 on Monday. The Procter & Gamble Company has a 1-year low of $142.50 and a 1-year high of $177.94. The business’s 50-day moving average price is $171.62 and its two-hundred day moving average price is $168.07. The firm has a market cap of $388.82 billion, a PE ratio of 28.47, a P/E/G ratio of 3.57 and a beta of 0.42. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.03. The business had revenue of $21.74 billion during the quarter, compared to analyst estimates of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. Procter & Gamble’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.83 EPS. As a group, research analysts forecast that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be issued a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.44%. Procter & Gamble’s payout ratio is 69.48%.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.