Atria Investments Inc Has $30.78 Million Holdings in The Procter & Gamble Company (NYSE:PG)

Atria Investments Inc lowered its position in shares of The Procter & Gamble Company (NYSE:PG) by 2.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,738 shares of the company’s stock after selling 4,436 shares during the quarter. Atria Investments Inc’s holdings in Procter & Gamble were worth $30,784,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Itau Unibanco Holding S.A. acquired a new position in Procter & Gamble in the 2nd quarter valued at approximately $28,000. Fairway Wealth LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at approximately $29,000. POM Investment Strategies LLC bought a new stake in Procter & Gamble in the second quarter worth approximately $34,000. Quest Partners LLC bought a new stake in Procter & Gamble in the second quarter worth approximately $36,000. Finally, Fairfield Financial Advisors LTD bought a new stake in Procter & Gamble in the second quarter worth approximately $44,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 450 shares of the stock in a transaction dated 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 owns 13,072 shares in the company, valued at $2,212,043.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Procter & Gamble news, COO Shailesh Jejurikar sold 10,623 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $169.22, for a total transaction of $1,797,624.06. Following the sale, the chief operating officer now owns 23,890 shares of the company’s stock, valued at $4,042,665.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Susan Street Whaley sold 450 shares of the stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $169.22, for a total transaction of $76,149.00. Following the sale, the insider now directly owns 13,072 shares in the company, valued at approximately $2,212,043.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 313,597 shares of company stock worth $53,268,499 in the last quarter. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Trading Up 2.6 %

Shares of PG stock opened at $167.71 on Friday. The Procter & Gamble Company has a 52-week low of $142.50 and a 52-week high of $177.94. The stock has a market cap of $394.96 billion, a price-to-earnings ratio of 28.92, a P/E/G ratio of 3.48 and a beta of 0.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The firm has a fifty day moving average of $171.08 and a 200-day moving average of $168.15.

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

Procter & Gamble Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date of this dividend is Friday, October 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 69.31%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $164.00 target price on shares of Procter & Gamble in a research report on Monday, October 21st. Wolfe Research raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, August 23rd. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. StockNews.com downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Barclays downgraded shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price for the company. in a research report on Monday, September 30th. 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 presently has a consensus rating of “Moderate Buy” and an average target price of $177.00.

Procter & Gamble Company 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.