The Procter & Gamble Company (NYSE:PG) Stock Position Lifted by FLC Capital Advisors

FLC Capital Advisors lifted its stake in shares of The Procter & Gamble Company (NYSE:PG) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,453 shares of the company’s stock after purchasing an additional 84 shares during the quarter. FLC Capital Advisors’ holdings in Procter & Gamble were worth $747,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new position in Procter & Gamble during the 2nd quarter valued at $28,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at $33,000. Costello Asset Management INC boosted its stake in Procter & Gamble by 2,142.9% during the third quarter. Costello Asset Management INC now owns 314 shares of the company’s stock valued at $54,000 after buying an additional 300 shares in the last quarter. William B. Walkup & Associates Inc. bought a new stake in Procter & Gamble in the second quarter worth about $58,000. Finally, Mendota Financial Group LLC lifted its holdings in Procter & Gamble by 58.0% in the 4th quarter. Mendota Financial Group LLC now owns 376 shares of the company’s stock valued at $63,000 after acquiring an additional 138 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.5 %

PG opened at $161.35 on Tuesday. The company has a market capitalization of $379.98 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The Procter & Gamble Company has a fifty-two week low of $146.28 and a fifty-two week high of $180.43. The business has a 50-day moving average of $169.19 and a 200-day moving average of $169.46.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. The firm had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. Procter & Gamble’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $1.83 earnings per share. Equities research analysts forecast that The Procter & Gamble Company will post 6.93 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business 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 is Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.50%. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.48%.

Analyst Ratings Changes

PG has been the topic of several recent research reports. Wells Fargo & Company lowered their price objective on shares of Procter & Gamble from $190.00 to $176.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. DA Davidson reaffirmed a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a report on Friday, December 27th. JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. 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 report on Thursday, January 16th. Finally, Stifel Nicolaus reduced their target price on Procter & Gamble from $167.00 to $161.00 and set a “hold” rating for the company in a report on Friday. Eight equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $179.65.

Insider Activity

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer now owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the transaction, the insider now owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. The trade was a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 73,447 shares of company stock valued at $12,978,820 over the last 90 days. 0.18% of the stock is currently owned by company insiders.

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.