Human Investing LLC Reduces Stock Position in The Procter & Gamble Company (NYSE:PG)

Human Investing LLC lowered its stake in shares of The Procter & Gamble Company (NYSE:PG) by 3.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,806 shares of the company’s stock after selling 64 shares during the quarter. Human Investing LLC’s holdings in Procter & Gamble were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Valeo Financial Advisors LLC raised its position in shares of Procter & Gamble by 1,181.5% during the 1st quarter. Valeo Financial Advisors LLC now owns 1,174,153 shares of the company’s stock valued at $190,506,000 after acquiring an additional 1,082,531 shares in the last quarter. KFG Wealth Management LLC lifted its position in shares of Procter & Gamble by 17.3% in the 1st quarter. KFG Wealth Management LLC now owns 7,170 shares of the company’s stock worth $1,163,000 after buying an additional 1,058 shares during the last quarter. Svenska Handelsbanken AB publ bought a new position in shares of Procter & Gamble in the 1st quarter worth about $24,338,000. Redmont Wealth Advisors LLC acquired a new position in shares of Procter & Gamble in the 1st quarter valued at about $42,000. Finally, BluePath Capital Management LLC grew its position in shares of Procter & Gamble by 174.0% during the 1st quarter. BluePath Capital Management LLC now owns 4,088 shares of the company’s stock valued at $663,000 after buying an additional 2,596 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $169.22, for a total transaction of $76,149.00. Following the completion of the sale, the insider now directly owns 13,072 shares in the company, valued at approximately $2,212,043.84. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Procter & Gamble news, insider Susan Street Whaley sold 450 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $169.22, for a total value of $76,149.00. Following the transaction, the insider now owns 13,072 shares in the company, valued at $2,212,043.84. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO R. Alexandra Keith sold 3,373 shares of the firm’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $170.00, for a total value of $573,410.00. Following the sale, the chief executive officer now directly owns 21,513 shares of the company’s stock, valued at $3,657,210. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 389,144 shares of company stock valued at $66,184,385. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

PG has been the subject of several recent research reports. TD Cowen assumed coverage on Procter & Gamble in a report on Tuesday, July 23rd. They set a “buy” rating and a $189.00 target price for the company. DZ Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a research note on Thursday, August 29th. Barclays cut Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price on the stock. in a research note on Monday, September 30th. Jefferies Financial Group lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and lowered their price target for the stock from $182.00 to $175.00 in a research report on Wednesday, July 24th. Finally, Wolfe Research upgraded shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, August 23rd. Nine investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $177.00.

Procter & Gamble Price Performance

Shares of NYSE PG traded up $0.59 during mid-day trading on Friday, reaching $165.77. The company had a trading volume of 913,604 shares, compared to its average volume of 6,624,946. The company has a 50-day moving average price of $171.70 and a two-hundred day moving average price of $167.84. The stock has a market cap of $390.39 billion, a PE ratio of 28.60, a P/E/G ratio of 3.59 and a beta of 0.41. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a 1-year low of $142.50 and a 1-year high of $177.94.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.90 by $0.03. The company had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period last year, the company posted $1.83 earnings per share. On average, equities analysts anticipate that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be given a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.43%. The ex-dividend date is Friday, October 18th. Procter & Gamble’s payout ratio is 69.48%.

About Procter & Gamble

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.