The Procter & Gamble Company (NYSE:PG) is SS&H Financial Advisors Inc.’s 6th Largest Position

SS&H Financial Advisors Inc. reduced its position in The Procter & Gamble Company (NYSE:PG) by 0.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 44,721 shares of the company’s stock after selling 390 shares during the quarter. Procter & Gamble comprises about 2.7% of SS&H Financial Advisors Inc.’s holdings, making the stock its 6th largest position. SS&H Financial Advisors Inc.’s holdings in Procter & Gamble were worth $7,498,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PG. Concurrent Investment Advisors LLC boosted its stake in shares of Procter & Gamble by 4.5% in the third quarter. Concurrent Investment Advisors LLC now owns 94,109 shares of the company’s stock valued at $16,300,000 after buying an additional 4,035 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in Procter & Gamble in the third quarter valued at $668,000. Fortem Financial Group LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter worth $569,000. Synovus Financial Corp grew its stake in shares of Procter & Gamble by 3.4% during the 3rd quarter. Synovus Financial Corp now owns 185,134 shares of the company’s stock worth $32,065,000 after purchasing an additional 6,077 shares during the period. Finally, Nordea Investment Management AB increased its holdings in shares of Procter & Gamble by 7.5% in the 4th quarter. Nordea Investment Management AB now owns 2,898,569 shares of the company’s stock valued at $484,583,000 after purchasing an additional 201,695 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $159.75 on Thursday. The company has a market cap of $376.22 billion, a P/E ratio of 27.54, a P/E/G ratio of 3.70 and a beta of 0.45. The business has a fifty day simple moving average of $169.40 and a 200-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 quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. During the same quarter in the prior year, the company posted $1.83 EPS. The company’s quarterly revenue was down .6% compared to the same quarter last year. Equities research analysts forecast that The Procter & Gamble Company will post 6.94 EPS for the current 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 $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.52%. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.31%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. The trade was a 52.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 39,977 shares in the company, valued at approximately $7,189,463.68. This represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 75,439 shares of company stock worth $13,317,460 in the last ninety days. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on PG shares. DA Davidson reissued a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a report on Friday, December 27th. Barclays cut Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 price target on the stock. in a report on Monday, September 30th. Evercore ISI lifted their price objective on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Wells Fargo & Company lowered their target price on Procter & Gamble from $190.00 to $176.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lifted their price target on Procter & Gamble from $179.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday, September 19th. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.75.

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.