Baker Ellis Asset Management LLC Has $691,000 Holdings in The Procter & Gamble Company (NYSE:PG)

Baker Ellis Asset Management LLC raised its position in The Procter & Gamble Company (NYSE:PG) by 2.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,124 shares of the company’s stock after buying an additional 100 shares during the quarter. Baker Ellis Asset Management LLC’s holdings in Procter & Gamble were worth $691,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Acorn Creek Capital LLC increased its position in shares of Procter & Gamble by 2.8% during the third quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company’s stock valued at $376,000 after buying an additional 59 shares during the period. Patrick M Sweeney & Associates Inc. grew its stake in Procter & Gamble by 1.1% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company’s stock valued at $963,000 after acquiring an additional 59 shares in the last quarter. Traveka Wealth LLC increased its holdings in Procter & Gamble by 1.7% during the 3rd quarter. Traveka Wealth LLC now owns 3,554 shares of the company’s stock worth $616,000 after acquiring an additional 60 shares during the period. Allen Mooney & Barnes Investment Advisors LLC lifted its stake in Procter & Gamble by 0.7% in the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,699 shares of the company’s stock worth $1,507,000 after purchasing an additional 61 shares in the last quarter. Finally, Valued Wealth Advisors LLC boosted its holdings in Procter & Gamble by 11.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 605 shares of the company’s stock valued at $105,000 after purchasing an additional 61 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $166.20 on Friday. The company’s fifty day simple moving average is $168.97 and its two-hundred day simple moving average is $169.38. The Procter & Gamble Company has a 12-month low of $152.06 and a 12-month high of $180.43. The firm has a market cap of $391.41 billion, a PE ratio of 28.66, a price-to-earnings-growth ratio of 3.64 and a beta of 0.45. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The company had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21,657,595.49 billion. During the same quarter in the previous year, the business earned $1.84 EPS. Procter & Gamble’s revenue was up 2.1% compared to the same quarter last year. As a group, equities analysts expect that The Procter & Gamble Company will post 6.92 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.42%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 69.48%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Hsbc Global Res upgraded Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $164.00 price target on shares of Procter & Gamble in a report on Thursday. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. UBS Group dropped their target price on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Finally, Stifel Nicolaus increased their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $180.25.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares in the company, valued at approximately $7,189,463.68. This represents a 54.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the completion of the transaction, the insider now owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. The trade was a 52.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.

About Procter & Gamble

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.