Cypress Financial Planning LLC Raises Holdings in The Procter & Gamble Company (NYSE:PG)

Cypress Financial Planning LLC boosted its stake in The Procter & Gamble Company (NYSE:PG) by 5.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,723 shares of the company’s stock after buying an additional 93 shares during the period. Cypress Financial Planning LLC’s holdings in Procter & Gamble were worth $289,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. Mendota Financial Group LLC raised its stake in shares of Procter & Gamble by 58.0% during the fourth 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. West Oak Capital LLC increased its holdings in Procter & Gamble by 0.4% during the 4th quarter. West Oak Capital LLC now owns 17,034 shares of the company’s stock valued at $2,856,000 after purchasing an additional 70 shares during the period. Rosenberg Matthew Hamilton raised its position in Procter & Gamble by 4.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 3,164 shares of the company’s stock valued at $530,000 after purchasing an additional 122 shares during the last quarter. PCA Investment Advisory Services Inc. lifted its holdings in Procter & Gamble by 3.1% in the 4th quarter. PCA Investment Advisory Services Inc. now owns 28,758 shares of the company’s stock worth $4,821,000 after buying an additional 871 shares during the period. Finally, Global Financial Private Client LLC grew its position in shares of Procter & Gamble by 1.7% in the 4th quarter. Global Financial Private Client LLC now owns 13,573 shares of the company’s stock worth $2,276,000 after buying an additional 222 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.6 %

Shares of Procter & Gamble stock opened at $159.82 on Wednesday. The company has a 50-day simple moving average of $169.40 and a two-hundred day simple moving average of $169.52. The Procter & Gamble Company has a 52-week low of $146.28 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 0.75. The stock has a market capitalization of $376.38 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 3.70 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business had revenue of $21.74 billion for the quarter, compared to the consensus estimate of $21.99 billion. During the same period last year, the business posted $1.83 EPS. The company’s revenue was down .6% compared to the same quarter last year. On average, analysts anticipate that The Procter & Gamble Company will post 6.94 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.52%. Procter & Gamble’s dividend payout ratio (DPR) is 69.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Evercore ISI upped their target price on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Morgan Stanley upped their price objective on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. DA Davidson reissued a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a research note on Friday, December 27th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $164.00 price objective on shares of Procter & Gamble in a research report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $179.75.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This represents a 54.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO R. Alexandra Keith sold 1,992 shares of Procter & Gamble stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $170.00, for a total value of $338,640.00. Following the completion of the sale, the chief executive officer now directly owns 13,783 shares of the company’s stock, valued at $2,343,110. The trade was a 12.63 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,439 shares of company stock worth $13,317,460. Company insiders own 0.18% of the company’s stock.

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.