The Procter & Gamble Company (NYSE:PG) Shares Bought by Apella Capital LLC

Apella Capital LLC boosted its stake in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 5.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,622 shares of the company’s stock after purchasing an additional 617 shares during the quarter. Apella Capital LLC’s holdings in Procter & Gamble were worth $1,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PG. Wescott Financial Advisory Group LLC raised its position in Procter & Gamble by 0.3% during the first quarter. Wescott Financial Advisory Group LLC now owns 22,385 shares of the company’s stock valued at $3,420,000 after buying an additional 72 shares during the period. E Fund Management Co. Ltd. raised its position in Procter & Gamble by 1.6% during the third quarter. E Fund Management Co. Ltd. now owns 4,839 shares of the company’s stock valued at $611,000 after buying an additional 75 shares during the period. Constitution Capital LLC grew its stake in Procter & Gamble by 0.3% in the third quarter. Constitution Capital LLC now owns 27,562 shares of the company’s stock valued at $3,480,000 after purchasing an additional 75 shares in the last quarter. Wolff Wiese Magana LLC grew its stake in Procter & Gamble by 0.9% in the third quarter. Wolff Wiese Magana LLC now owns 8,121 shares of the company’s stock valued at $1,025,000 after purchasing an additional 76 shares in the last quarter. Finally, USAdvisors Wealth Management LLC grew its stake in Procter & Gamble by 2.4% in the third quarter. USAdvisors Wealth Management LLC now owns 3,188 shares of the company’s stock valued at $402,000 after purchasing an additional 76 shares in the last quarter. Institutional investors and hedge funds own 62.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $150.00 to $155.00 in a research note on Friday, March 3rd. Barclays lowered their target price on Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating on the stock in a research note on Monday, January 23rd. StockNews.com initiated coverage on Procter & Gamble in a research note on Thursday. They issued a “hold” rating on the stock. Wells Fargo & Company decreased their price target on Procter & Gamble from $168.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, January 20th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Procter & Gamble from $156.00 to $162.00 and gave the stock a “buy” rating in a research note on Tuesday, December 6th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $155.67.

Procter & Gamble Price Performance

NYSE PG opened at $142.93 on Friday. The Procter & Gamble Company has a twelve month low of $122.18 and a twelve month high of $164.90. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.37 and a current ratio of 0.56. The stock has a market capitalization of $337.19 billion, a PE ratio of 25.08, a P/E/G ratio of 3.90 and a beta of 0.40. The stock has a 50-day simple moving average of $141.73 and a 200 day simple moving average of $140.63.

Procter & Gamble (NYSE:PG – Get Rating) last posted its quarterly earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.58 by $0.01. The firm had revenue of $20.77 billion during the quarter, compared to analysts’ expectations of $20.75 billion. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The company’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.66 EPS. Research analysts anticipate that The Procter & Gamble Company will post 5.84 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Friday, January 20th were issued a $0.9133 dividend. The ex-dividend date was Thursday, January 19th. This represents a $3.65 annualized dividend and a yield of 2.56%. Procter & Gamble’s dividend payout ratio (DPR) is 64.04%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 709 shares of the stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the completion of the transaction, the insider now directly owns 10,198 shares of the company’s stock, valued at approximately $1,400,593.32. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Jon R. Moeller sold 2,151 shares of the stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total transaction of $295,418.34. Following the sale, the chief executive officer now directly owns 226,748 shares in the company, valued at approximately $31,141,570.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Susan Street Whaley sold 709 shares of the stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the sale, the insider now owns 10,198 shares in the company, valued at $1,400,593.32. The disclosure for this sale can be found here. Insiders sold a total of 4,766 shares of company stock valued at $656,511 in the last quarter. Corporate insiders own 0.26% of the company’s stock.

Procter & Gamble Profile

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.