793 Shares in The Procter & Gamble Company (NYSE:PG) Purchased by Compass Financial Services Inc

Compass Financial Services Inc purchased a new position in The Procter & Gamble Company (NYSE:PG) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 793 shares of the company’s stock, valued at approximately $133,000.

Several other institutional investors and hedge funds have also bought and sold shares of PG. Newbridge Financial Services Group Inc. raised its stake in shares of Procter & Gamble by 9.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,015 shares of the company’s stock valued at $1,344,000 after buying an additional 720 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in Procter & Gamble by 16.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 138,171 shares of the company’s stock valued at $23,164,000 after acquiring an additional 19,318 shares in the last quarter. Stockman Wealth Management Inc. lifted its holdings in Procter & Gamble by 2.5% in the fourth quarter. Stockman Wealth Management Inc. now owns 68,313 shares of the company’s stock valued at $11,453,000 after acquiring an additional 1,648 shares during the period. Rede Wealth LLC boosted its position in Procter & Gamble by 1.4% in the 4th quarter. Rede Wealth LLC now owns 6,804 shares of the company’s stock worth $1,141,000 after purchasing an additional 91 shares in the last quarter. Finally, Howland Capital Management LLC increased its holdings in shares of Procter & Gamble by 6.9% during the 4th quarter. Howland Capital Management LLC now owns 118,164 shares of the company’s stock valued at $19,810,000 after purchasing an additional 7,630 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the stock in a transaction that occurred on 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 transaction, the insider now directly owns 172,814 shares of the company’s stock, 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. Over the last three months, insiders sold 151,097 shares of company stock worth $25,635,076. Company insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PG. DA Davidson reissued a “buy” rating and set a $209.00 price target on shares of Procter & Gamble 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 research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. Barclays raised their price objective on Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a report on Thursday, January 23rd. Finally, UBS Group decreased their target price on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $167.99 on Friday. 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 50 day moving average price is $167.30 and its 200 day moving average price is $169.40. The company has a market cap of $393.91 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 3.79 and a beta of 0.45. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly 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. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion for the quarter, compared to analysts’ expectations of $21.66 billion. During the same quarter in the previous year, the company posted $1.84 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. On average, research analysts predict that The Procter & Gamble Company will post 6.91 EPS for the current 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 issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio is presently 64.17%.

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.