The Procter & Gamble Company (NYSE:PG) Shares Bought by AA Financial Advisors LLC

AA Financial Advisors LLC raised its stake in The Procter & Gamble Company (NYSE:PG) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 7,317 shares of the company’s stock after purchasing an additional 223 shares during the period. AA Financial Advisors LLC’s holdings in Procter & Gamble were worth $1,227,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Evernest Financial Advisors LLC boosted its holdings in shares of Procter & Gamble by 1.5% in the 4th quarter. Evernest Financial Advisors LLC now owns 6,492 shares of the company’s stock valued at $1,088,000 after purchasing an additional 93 shares during the last quarter. Granite Harbor Advisors Inc. boosted its holdings in shares of Procter & Gamble by 2.5% in the 4th quarter. Granite Harbor Advisors Inc. now owns 2,690 shares of the company’s stock valued at $451,000 after purchasing an additional 66 shares during the last quarter. FSA Advisors Inc. acquired a new position in shares of Procter & Gamble during the 4th quarter valued at $220,000. Cibc World Market Inc. lifted its holdings in shares of Procter & Gamble by 0.3% during the 4th quarter. Cibc World Market Inc. now owns 930,651 shares of the company’s stock valued at $156,024,000 after acquiring an additional 2,451 shares in the last quarter. Finally, Clarity Financial LLC lifted its holdings in shares of Procter & Gamble by 5.6% during the 4th quarter. Clarity Financial LLC now owns 116,657 shares of the company’s stock valued at $19,558,000 after acquiring an additional 6,175 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Stifel Nicolaus lifted their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Barclays lifted their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a report on Thursday, January 23rd. Royal Bank of Canada restated a “sector perform” rating and set a $164.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Evercore ISI lifted their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Finally, Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Eight investment 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.53.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $165.98 on Friday. The firm has a market cap 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 firm’s 50-day simple moving average is $168.54 and its 200-day simple moving average is $169.38. 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 Procter & Gamble Company has a 1 year low of $153.52 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.84 EPS. Equities analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a dividend of $1.0065 per share. The ex-dividend date is Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.43%. Procter & Gamble’s dividend payout ratio (DPR) is 64.17%.

About Procter & Gamble

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.