The Procter & Gamble Company (NYSE:PG) Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. decreased its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,862 shares of the company’s stock after selling 201 shares during the quarter. Thompson Investment Management Inc.’s holdings in Procter & Gamble were worth $3,833,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of PG. Empowered Funds LLC boosted its position in Procter & Gamble by 16.5% during the fourth quarter. Empowered Funds LLC now owns 161,933 shares of the company’s stock valued at $27,148,000 after purchasing an additional 22,942 shares during the last quarter. Pacific Wealth Strategies Group Inc. lifted its position in shares of Procter & Gamble by 0.7% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 9,728 shares of the company’s stock worth $1,631,000 after buying an additional 68 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of Procter & Gamble by 0.3% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 647,638 shares of the company’s stock worth $108,576,000 after buying an additional 2,163 shares during the last quarter. D Orazio & Associates Inc. lifted its position in shares of Procter & Gamble by 2.0% in the fourth quarter. D Orazio & Associates Inc. now owns 6,269 shares of the company’s stock worth $1,051,000 after buying an additional 122 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of Procter & Gamble by 1.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 80,492 shares of the company’s stock worth $13,494,000 after buying an additional 1,434 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In related news, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the sale, the insider now owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,097 shares of company stock worth $25,635,076 in the last three months. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the subject of a number of analyst reports. 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 research report on Thursday, January 16th. UBS Group lowered their price target 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. Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Evercore ISI boosted their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Finally, Morgan Stanley boosted their price target on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Eight 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 company’s stock. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $180.53.

Procter & Gamble Stock Down 0.5 %

NYSE:PG opened at $167.99 on Friday. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. 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 company has a market cap of $393.91 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 3.79 and a beta of 0.45. The stock’s fifty day moving average price is $167.30 and its two-hundred day moving average price is $169.40.

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

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be given a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.40%. Procter & Gamble’s dividend payout ratio is currently 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.