TFG Advisers LLC Has $3.66 Million Stake in The Procter & Gamble Company (NYSE:PG)

TFG Advisers LLC trimmed its position in The Procter & Gamble Company (NYSE:PG) by 0.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,108 shares of the company’s stock after selling 171 shares during the quarter. Procter & Gamble comprises approximately 1.3% of TFG Advisers LLC’s holdings, making the stock its 13th largest position. TFG Advisers LLC’s holdings in Procter & Gamble were worth $3,656,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Retirement Planning Group LLC raised its holdings in Procter & Gamble by 3.1% in the 1st quarter. Retirement Planning Group LLC now owns 4,424 shares of the company’s stock valued at $718,000 after acquiring an additional 133 shares in the last quarter. Hoxton Planning & Management LLC increased its holdings in Procter & Gamble by 17.3% in the 1st quarter. Hoxton Planning & Management LLC now owns 2,201 shares of the company’s stock valued at $357,000 after buying an additional 325 shares during the period. Thompson Investment Management Inc. raised its stake in shares of Procter & Gamble by 0.6% in the 1st quarter. Thompson Investment Management Inc. now owns 23,390 shares of the company’s stock valued at $3,795,000 after buying an additional 144 shares in the last quarter. Prentice Wealth Management LLC lifted its holdings in shares of Procter & Gamble by 3.1% during the 1st quarter. Prentice Wealth Management LLC now owns 3,995 shares of the company’s stock worth $648,000 after acquiring an additional 120 shares during the period. Finally, Security National Bank increased its stake in Procter & Gamble by 20.5% in the first quarter. Security National Bank now owns 693 shares of the company’s stock valued at $112,000 after acquiring an additional 118 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Andre Schulten sold 13,041 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $170.00, for a total transaction of $2,216,970.00. Following the completion of the transaction, the chief financial officer now directly owns 37,208 shares in the company, valued at approximately $6,325,360. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Procter & Gamble news, CEO Jon R. Moeller sold 7,007 shares of the company’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $171.65, for a total transaction of $1,202,751.55. Following the sale, the chief executive officer now directly owns 269,172 shares of the company’s stock, valued at approximately $46,203,373.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Andre Schulten sold 13,041 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $170.00, for a total transaction of $2,216,970.00. Following the completion of the sale, the chief financial officer now directly owns 37,208 shares in the company, valued at approximately $6,325,360. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 383,194 shares of company stock worth $65,140,718 over the last three months. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Trading Down 0.1 %

Shares of Procter & Gamble stock traded down $0.09 during trading hours on Wednesday, hitting $169.61. The company’s stock had a trading volume of 388,943 shares, compared to its average volume of 6,660,376. The Procter & Gamble Company has a 12 month low of $142.50 and a 12 month 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. The company has a market capitalization of $400.30 billion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 3.72 and a beta of 0.41. The stock has a 50 day moving average of $171.87 and a 200 day moving average of $167.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The firm had revenue of $21.74 billion for the quarter, compared to analyst estimates of $21.99 billion. During the same quarter in the previous year, the firm posted $1.83 earnings per share. The business’s revenue was down .6% on a year-over-year basis. Analysts predict that The Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, October 18th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend is Friday, October 18th. Procter & Gamble’s dividend payout ratio is 69.48%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on PG. TD Cowen began coverage on Procter & Gamble in a report on Tuesday, July 23rd. They set a “buy” rating and a $189.00 price objective on the stock. DA Davidson upped their target price on shares of Procter & Gamble from $159.00 to $160.00 and gave the stock a “neutral” rating in a report on Monday. DZ Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a report on Thursday, August 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $164.00 price objective on shares of Procter & Gamble in a research note on Monday. Finally, Barclays cut 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 note on Monday, September 30th. Nine equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $177.00.

Procter & Gamble 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.