Tennessee Valley Asset Management Partners Has $2.89 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Tennessee Valley Asset Management Partners grew its position in shares of The Procter & Gamble Company (NYSE:PG) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,260 shares of the company’s stock after buying an additional 705 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in Procter & Gamble were worth $2,894,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Peak Financial Management Inc. grew its stake in Procter & Gamble by 5.9% during the fourth quarter. Peak Financial Management Inc. now owns 2,711 shares of the company’s stock worth $455,000 after buying an additional 150 shares during the last quarter. TI Trust Inc. grew its stake in Procter & Gamble by 3.0% during the fourth quarter. TI Trust Inc. now owns 4,163 shares of the company’s stock worth $698,000 after buying an additional 120 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of Procter & Gamble by 2.9% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 27,724 shares of the company’s stock valued at $4,648,000 after purchasing an additional 769 shares during the last quarter. ETF Portfolio Partners Inc. grew its stake in shares of Procter & Gamble by 16.3% during the fourth quarter. ETF Portfolio Partners Inc. now owns 1,502 shares of the company’s stock valued at $252,000 after purchasing an additional 210 shares during the last quarter. Finally, Stablepoint Partners LLC grew its stake in shares of Procter & Gamble by 0.4% during the fourth quarter. Stablepoint Partners LLC now owns 42,147 shares of the company’s stock valued at $7,066,000 after purchasing an additional 151 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Balaji Purushothaman sold 12,800 shares of the company’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 transaction of $2,210,944.00. Following the completion of the transaction, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. This represents a 52.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the business’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 sale, the chief executive officer now directly owns 39,977 shares in the company, valued at $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,097 shares of company stock worth $25,635,076 in the last quarter. 0.18% of the stock is currently owned by corporate insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $169.57 on Tuesday. The firm has a 50-day moving average of $168.85 and a 200-day moving average of $169.39. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The company has a market cap of $399.34 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 3.69 and a beta of 0.45. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.55.

Procter & Gamble (NYSE:PG) last announced its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. The business had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21,657,595.49 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 32.88%. Procter & Gamble’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.84 EPS. As a group, equities analysts forecast that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.37%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is 64.17%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. Morgan Stanley raised their price objective on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Stifel Nicolaus raised their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Finally, Barclays raised their price objective on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $180.53.

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.