Herold Advisors Inc. Has $3.90 Million Holdings in The Procter & Gamble Company (NYSE:PG)

Herold Advisors Inc. grew its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,592 shares of the company’s stock after buying an additional 581 shares during the quarter. Procter & Gamble makes up 1.1% of Herold Advisors Inc.’s portfolio, making the stock its 19th largest position. Herold Advisors Inc.’s holdings in Procter & Gamble were worth $3,897,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wyrmwood Management LLC bought a new stake in Procter & Gamble during the 4th quarter worth about $29,000. Naples Money Management LLC bought a new stake in Procter & Gamble during the 4th quarter worth about $29,000. Criterion Capital Advisors LLC bought a new stake in Procter & Gamble during the 4th quarter worth about $33,000. Mendota Financial Group LLC lifted its position in Procter & Gamble by 636.6% during the 4th quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock worth $44,000 after buying an additional 261 shares in the last quarter. Finally, Morton Brown Family Wealth LLC lifted its position in Procter & Gamble by 206.6% during the 4th quarter. Morton Brown Family Wealth LLC now owns 417 shares of the company’s stock worth $61,000 after buying an additional 281 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Down 0.8 %

Procter & Gamble stock opened at $161.24 on Friday. The company’s 50-day moving average price is $159.64 and its two-hundred day moving average price is $153.51. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $164.32. The stock has a market cap of $380.55 billion, a P/E ratio of 26.35, a P/E/G ratio of 3.30 and a beta of 0.44. The company has a quick ratio of 0.48, a current ratio of 0.69 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The firm had revenue of $20.20 billion for the quarter, compared to analyst estimates of $20.43 billion. During the same quarter in the prior year, the business posted $1.37 EPS. The business’s revenue was up .6% compared to the same quarter last year. As a group, analysts expect that The Procter & Gamble Company will post 6.55 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 19th will be given a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Thursday, April 18th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s dividend payout ratio is presently 65.85%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Argus boosted their price target on shares of Procter & Gamble from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Procter & Gamble from $172.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. Royal Bank of Canada upped their target price on shares of Procter & Gamble from $156.00 to $157.00 and gave the company a “sector perform” rating in a report on Wednesday, January 24th. Finally, Barclays upped their target price on shares of Procter & Gamble from $168.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $169.76.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 45,000 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the transaction, the chief executive officer now owns 973 shares in the company, valued at approximately $151,788. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Ma. Fatima Francisco sold 45,000 shares of the stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the sale, the chief executive officer now owns 973 shares in the company, valued at approximately $151,788. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan Street Whaley sold 3,865 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $160.60, for a total transaction of $620,719.00. Following the sale, the insider now owns 11,886 shares in the company, valued at approximately $1,908,891.60. The disclosure for this sale can be found here. Insiders have sold a total of 100,865 shares of company stock worth $16,029,280 in the last quarter. Corporate insiders own 0.17% of the company’s stock.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.