The Procter & Gamble Company (NYSE:PG) Stock Position Lifted by Comprehensive Financial Consultants Institutional Inc.

Comprehensive Financial Consultants Institutional Inc. lifted its holdings in The Procter & Gamble Company (NYSE:PGFree Report) by 6.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,383 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Procter & Gamble were worth $1,522,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. HighPoint Advisor Group LLC bought a new position in Procter & Gamble during the fourth quarter valued at about $17,696,000. Dfpg Investments LLC boosted its stake in Procter & Gamble by 1.7% during the fourth quarter. Dfpg Investments LLC now owns 24,892 shares of the company’s stock valued at $3,680,000 after buying an additional 424 shares in the last quarter. Campbell Wealth Management boosted its stake in Procter & Gamble by 13.1% during the fourth quarter. Campbell Wealth Management now owns 1,988 shares of the company’s stock valued at $291,000 after buying an additional 231 shares in the last quarter. Herold Advisors Inc. lifted its holdings in shares of Procter & Gamble by 2.2% during the fourth quarter. Herold Advisors Inc. now owns 26,592 shares of the company’s stock valued at $3,897,000 after purchasing an additional 581 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in shares of Procter & Gamble by 29.0% during the first quarter. V Square Quantitative Management LLC now owns 43,202 shares of the company’s stock valued at $7,010,000 after purchasing an additional 9,716 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the subject of several analyst reports. Argus upped their target price on Procter & Gamble from $180.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, April 25th. BNP Paribas initiated coverage on Procter & Gamble in a report on Monday, June 24th. They set an “outperform” rating and a $187.00 target price for the company. Deutsche Bank Aktiengesellschaft reduced their target price on Procter & Gamble from $172.00 to $171.00 and set a “buy” rating for the company in a report on Monday, April 22nd. Jefferies Financial Group upped their target price on Procter & Gamble from $175.00 to $182.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Finally, StockNews.com raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Tuesday, June 25th. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $170.72.

View Our Latest Research Report on PG

Procter & Gamble Stock Up 0.2 %

Shares of PG traded up $0.37 during midday trading on Wednesday, reaching $166.03. 626,568 shares of the stock were exchanged, compared to its average volume of 6,494,507. The Procter & Gamble Company has a 12-month low of $141.45 and a 12-month high of $169.41. The firm has a 50 day simple moving average of $165.97 and a 200-day simple moving average of $159.85. The company has a quick ratio of 0.48, a current ratio of 0.69 and a debt-to-equity ratio of 0.49. The company has a market cap of $391.85 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 3.18 and a beta of 0.41.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings results on Friday, April 19th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The company had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. During the same period last year, the business earned $1.37 EPS. The business’s quarterly revenue was up .6% on a year-over-year basis. Research analysts forecast that The Procter & Gamble Company will post 6.55 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Friday, July 19th will be issued a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. Procter & Gamble’s dividend payout ratio is 65.85%.

Insider Activity

In other news, CEO R. Alexandra Keith sold 855 shares of the stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $158.50, for a total transaction of $135,517.50. Following the transaction, the chief executive officer now owns 4,004 shares of the company’s stock, valued at approximately $634,634. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $166.95, for a total value of $5,329,711.80. Following the sale, the chief executive officer now owns 19,042 shares of the company’s stock, valued at approximately $3,179,061.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO R. Alexandra Keith sold 855 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $158.50, for a total value of $135,517.50. Following the completion of the sale, the chief executive officer now directly owns 4,004 shares in the company, valued at approximately $634,634. The disclosure for this sale can be found here. In the last quarter, insiders have sold 154,544 shares of company stock valued at $25,413,051. Insiders own 0.17% of the company’s stock.

Procter & Gamble Profile

(Free Report)

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It 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, and SK-II brands.

Further Reading

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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