First Command Advisory Services Inc. lifted its position in shares of The Procter & Gamble Company (NYSE:PG – Free Report) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,677 shares of the company’s stock after acquiring an additional 863 shares during the quarter. First Command Advisory Services Inc.’s holdings in Procter & Gamble were worth $3,969,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC increased its holdings in Procter & Gamble by 25,115.7% in the 4th quarter. Proficio Capital Partners LLC now owns 1,736,857 shares of the company’s stock worth $291,184,000 after acquiring an additional 1,729,969 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Procter & Gamble by 1.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 147,931 shares of the company’s stock worth $24,801,000 after purchasing an additional 1,513 shares during the last quarter. Kovack Advisors Inc. boosted its holdings in Procter & Gamble by 1.0% in the 4th quarter. Kovack Advisors Inc. now owns 17,529 shares of the company’s stock worth $2,939,000 after buying an additional 181 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co increased its stake in Procter & Gamble by 3.4% during the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 11,152 shares of the company’s stock worth $1,870,000 after buying an additional 363 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its position in shares of Procter & Gamble by 2.1% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 930,927 shares of the company’s stock worth $156,070,000 after purchasing an additional 19,200 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Procter & Gamble Trading Down 0.7 %
Shares of PG stock opened at $171.36 on Thursday. The stock has a market capitalization of $401.81 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 3.76 and a beta of 0.45. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a 50 day moving average price of $166.11 and a 200 day moving average price of $169.47.
Procter & Gamble Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were issued a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.35%. Procter & Gamble’s dividend payout ratio (DPR) is 64.01%.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on PG shares. Royal Bank of Canada restated a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a research report on Thursday, January 23rd. DA Davidson restated a “buy” rating and set a $209.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Wells Fargo & Company increased their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Barclays boosted their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 23rd. Finally, UBS Group reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $180.42.
Get Our Latest Stock Report on PG
Insider Buying and Selling
In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % 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. Also, CEO Gary A. Coombe sold 18,000 shares of the company’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total value of $3,089,880.00. Following the transaction, the chief executive officer now directly owns 22,051 shares of the company’s stock, valued at approximately $3,785,274.66. This represents a 44.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is owned by insiders.
Procter & Gamble Profile
Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.
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