Mount Yale Investment Advisors LLC Raises Holdings in The Procter & Gamble Company (NYSE:PG)

Mount Yale Investment Advisors LLC lifted its holdings in The Procter & Gamble Company (NYSE:PG) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,694 shares of the company’s stock after buying an additional 2,839 shares during the quarter. Procter & Gamble accounts for 0.6% of Mount Yale Investment Advisors LLC’s portfolio, making the stock its 24th biggest holding. Mount Yale Investment Advisors LLC’s holdings in Procter & Gamble were worth $7,493,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quarry LP boosted its stake in shares of Procter & Gamble by 177.0% during the 2nd quarter. Quarry LP now owns 820 shares of the company’s stock worth $135,000 after acquiring an additional 524 shares in the last quarter. Gateway Wealth Partners LLC grew its holdings in Procter & Gamble by 12.2% in the second quarter. Gateway Wealth Partners LLC now owns 2,227 shares of the company’s stock valued at $367,000 after purchasing an additional 243 shares during the last quarter. Advisory Alpha LLC increased its position in shares of Procter & Gamble by 5.5% in the second quarter. Advisory Alpha LLC now owns 13,065 shares of the company’s stock valued at $2,155,000 after buying an additional 681 shares in the last quarter. 3Chopt Investment Partners LLC raised its stake in shares of Procter & Gamble by 1.4% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 18,225 shares of the company’s stock worth $3,006,000 after buying an additional 253 shares during the last quarter. Finally, Aldebaran Financial Inc. boosted its position in shares of Procter & Gamble by 1.2% in the 2nd quarter. Aldebaran Financial Inc. now owns 13,216 shares of the company’s stock worth $2,180,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. This trade represents a 54.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the business’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 completion of the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 151,097 shares of company stock valued at $25,635,076. Company insiders own 0.18% of the company’s stock.

Procter & Gamble Price Performance

NYSE PG opened at $166.35 on Wednesday. The company has a 50-day moving average price of $168.83 and a two-hundred day moving average price of $169.42. The stock has a market cap of $390.07 billion, a price-to-earnings ratio of 26.49, a price-to-earnings-growth ratio of 3.69 and a beta of 0.45. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.49. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.88% and a net margin of 18.35%. The firm had revenue of $21.88 billion for the quarter, compared to analysts’ expectations of $21.66 billion. During the same period last year, the firm earned $1.84 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. Analysts forecast that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a $1.0065 dividend. The ex-dividend date is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.42%. Procter & Gamble’s dividend payout ratio is presently 64.01%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on PG shares. JPMorgan Chase & Co. lowered their price target 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. Stifel Nicolaus raised their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. DA Davidson restated a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. Evercore ISI lifted their price objective on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Finally, Morgan Stanley upped their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Eight equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus 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.