Sentinel Pension Advisors Inc. Has $234,000 Holdings in The Procter & Gamble Company (NYSE:PG)

Sentinel Pension Advisors Inc. trimmed its stake in shares of The Procter & Gamble Company (NYSE:PG) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,349 shares of the company’s stock after selling 190 shares during the quarter. Sentinel Pension Advisors Inc.’s holdings in Procter & Gamble were worth $234,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. McAlister Sweet & Associates Inc. bought a new position in Procter & Gamble during the first quarter worth $218,000. Waller Financial Planning Group Inc. boosted its position in shares of Procter & Gamble by 20.0% in the first quarter. Waller Financial Planning Group Inc. now owns 2,076 shares of the company’s stock valued at $337,000 after acquiring an additional 346 shares during the period. Strategic Advocates LLC boosted its position in shares of Procter & Gamble by 111.7% in the first quarter. Strategic Advocates LLC now owns 4,047 shares of the company’s stock valued at $657,000 after acquiring an additional 2,135 shares during the period. Duncan Williams Asset Management LLC bought a new stake in shares of Procter & Gamble in the first quarter valued at about $241,000. Finally, Orrstown Financial Services Inc. boosted its position in shares of Procter & Gamble by 26.7% in the first quarter. Orrstown Financial Services Inc. now owns 3,205 shares of the company’s stock valued at $520,000 after acquiring an additional 675 shares during the period. 65.77% of the stock is owned by institutional investors.

Insider Transactions at Procter & Gamble

In other news, insider Susan Street Whaley sold 634 shares of the stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $171.65, for a total transaction of $108,826.10. Following the completion of the transaction, the insider now owns 19,341 shares in the company, valued at approximately $3,319,882.65. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Procter & Gamble news, 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 owns 21,513 shares of the company’s stock, valued at $3,657,210. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Susan Street Whaley sold 634 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $171.65, for a total value of $108,826.10. Following the completion of the sale, the insider now directly owns 19,341 shares in the company, valued at approximately $3,319,882.65. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 383,194 shares of company stock worth $65,140,718. 0.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Procter & Gamble from $179.00 to $186.00 and gave the company an “overweight” rating in a research report on Thursday, September 19th. BNP Paribas assumed coverage on Procter & Gamble in a research note on Monday, June 24th. They issued an “outperform” rating and a $187.00 price target for the company. Barclays downgraded Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 price target for the company. in a research note on Monday, September 30th. Dbs Bank downgraded Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, DZ Bank raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research note on Thursday, August 29th. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $176.21.

Procter & Gamble Stock Down 1.1 %

Shares of NYSE:PG traded down $1.94 during trading on Wednesday, reaching $171.63. 1,683,201 shares of the stock were exchanged, compared to its average volume of 6,660,512. The firm has a market cap of $405.07 billion, a price-to-earnings ratio of 28.03, a price-to-earnings-growth ratio of 3.67 and a beta of 0.41. The stock has a fifty day moving average of $171.68 and a two-hundred day moving average of $166.96. The Procter & Gamble Company has a 1-year low of $142.50 and a 1-year high of $177.94. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.73 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 30th. The company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. The business had revenue of $20.53 billion during the quarter, compared to analyst estimates of $20.69 billion. Procter & Gamble had a return on equity of 33.46% and a net margin of 17.71%. Procter & Gamble’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.37 EPS. Research analysts anticipate that The Procter & Gamble Company will post 6.97 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 18th will be paid a dividend of $1.0065 per share. The ex-dividend date is Friday, October 18th. This represents a $4.03 annualized dividend and a dividend yield of 2.35%. Procter & Gamble’s payout ratio is 65.69%.

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.