Hamilton Point Investment Advisors LLC Purchases 406 Shares of The Procter & Gamble Company (NYSE:PG)

Hamilton Point Investment Advisors LLC lifted its position in The Procter & Gamble Company (NYSE:PG) by 7.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,802 shares of the company’s stock after acquiring an additional 406 shares during the period. Hamilton Point Investment Advisors LLC’s holdings in Procter & Gamble were worth $973,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Integris Wealth Management LLC increased its position in Procter & Gamble by 1.2% during the 4th quarter. Integris Wealth Management LLC now owns 8,371 shares of the company’s stock valued at $1,403,000 after buying an additional 103 shares in the last quarter. AA Financial Advisors LLC increased its position in Procter & Gamble by 3.1% during the 4th quarter. AA Financial Advisors LLC now owns 7,317 shares of the company’s stock valued at $1,227,000 after buying an additional 223 shares in the last quarter. Evernest Financial Advisors LLC increased its position in Procter & Gamble by 1.5% during the 4th quarter. Evernest Financial Advisors LLC now owns 6,492 shares of the company’s stock valued at $1,088,000 after buying an additional 93 shares in the last quarter. Granite Harbor Advisors Inc. increased its position in Procter & Gamble by 2.5% during the 4th quarter. Granite Harbor Advisors Inc. now owns 2,690 shares of the company’s stock valued at $451,000 after buying an additional 66 shares in the last quarter. Finally, FSA Advisors Inc. bought a new position in Procter & Gamble during the 4th quarter valued at approximately $220,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares of the company’s stock, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the sale, the chief executive officer now directly owns 39,977 shares in the company, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,097 shares of company stock valued at $25,635,076 over the last ninety days. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

NYSE PG opened at $165.98 on Friday. The company has a market capitalization of $389.20 billion, a PE ratio of 26.43, a price-to-earnings-growth ratio of 3.73 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The business’s fifty day moving average is $168.54 and its 200 day moving average is $169.38. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last released its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 earnings per share. Sell-side analysts predict that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be issued a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.43%. Procter & Gamble’s dividend payout ratio is presently 64.17%.

Wall Street Analyst Weigh In

PG has been the subject of a number of analyst reports. Evercore ISI raised their price objective on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. UBS Group cut their target price on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company increased their target price on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Morgan Stanley increased their target price on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Finally, Stifel Nicolaus increased their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $180.53.

Procter & Gamble Company 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.