Embree Financial Group Has $2.03 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Embree Financial Group lowered its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,079 shares of the company’s stock after selling 75 shares during the period. Embree Financial Group’s holdings in Procter & Gamble were worth $2,025,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in PG. Park Edge Advisors LLC grew its stake in Procter & Gamble by 20.8% in the fourth quarter. Park Edge Advisors LLC now owns 18,490 shares of the company’s stock valued at $3,100,000 after acquiring an additional 3,186 shares during the period. KFG Wealth Management LLC grew its stake in Procter & Gamble by 2.2% in the fourth quarter. KFG Wealth Management LLC now owns 7,422 shares of the company’s stock valued at $1,244,000 after acquiring an additional 157 shares during the period. Jamison Private Wealth Management Inc. grew its stake in Procter & Gamble by 4.1% in the fourth quarter. Jamison Private Wealth Management Inc. now owns 49,395 shares of the company’s stock valued at $8,281,000 after acquiring an additional 1,960 shares during the period. Blue Square Asset Management LLC grew its stake in Procter & Gamble by 2.7% in the fourth quarter. Blue Square Asset Management LLC now owns 11,411 shares of the company’s stock valued at $1,913,000 after acquiring an additional 299 shares during the period. Finally, Investment Research & Advisory Group Inc. grew its stake in Procter & Gamble by 3.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 9,948 shares of the company’s stock valued at $1,668,000 after acquiring an additional 370 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In other news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 39,977 shares in the company, valued at approximately $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $172.73, for a total value 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. Over the last three months, insiders sold 151,097 shares of company stock worth $25,635,076. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $169.57 on Tuesday. The firm has a market cap of $399.34 billion, a PE ratio of 27.00, a PEG ratio of 3.69 and a beta of 0.45. The stock’s fifty day moving average price is $168.85 and its two-hundred day moving average price is $169.39. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a 1 year low of $153.52 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21,657,595.49 billion. Procter & Gamble had a return on equity of 32.88% and a net margin of 18.35%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 earnings per share. On average, 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. Stockholders of record on Friday, January 24th will be given a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.17%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PG. Wells Fargo & Company raised their price objective on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $164.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. 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, Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Company 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.