Sanibel Captiva Trust Company Inc. Has $31.79 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Sanibel Captiva Trust Company Inc. boosted its stake in The Procter & Gamble Company (NYSE:PG) by 0.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 189,635 shares of the company’s stock after buying an additional 1,187 shares during the period. Procter & Gamble makes up 1.0% of Sanibel Captiva Trust Company Inc.’s portfolio, making the stock its 24th largest holding. Sanibel Captiva Trust Company Inc.’s holdings in Procter & Gamble were worth $31,792,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Howard Financial Services LTD. grew its stake in shares of Procter & Gamble by 63.1% in the fourth quarter. Howard Financial Services LTD. now owns 2,247 shares of the company’s stock valued at $377,000 after acquiring an additional 869 shares in the last quarter. Alhambra Investment Management LLC boosted its holdings in Procter & Gamble by 1.2% in the 4th quarter. Alhambra Investment Management LLC now owns 5,785 shares of the company’s stock valued at $970,000 after purchasing an additional 66 shares during the period. Verity & Verity LLC grew its position in shares of Procter & Gamble by 13.3% during the 4th quarter. Verity & Verity LLC now owns 80,161 shares of the company’s stock worth $13,439,000 after purchasing an additional 9,398 shares in the last quarter. Integrated Investment Consultants LLC increased its holdings in shares of Procter & Gamble by 435.3% during the fourth quarter. Integrated Investment Consultants LLC now owns 9,828 shares of the company’s stock worth $1,648,000 after purchasing an additional 7,992 shares during the period. Finally, Arkadios Wealth Advisors raised its position in shares of Procter & Gamble by 0.7% in the fourth quarter. Arkadios Wealth Advisors now owns 46,210 shares of the company’s stock valued at $7,747,000 after buying an additional 330 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

NYSE PG opened at $161.35 on Monday. The company has a market capitalization of $379.98 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 3.41 and a beta of 0.45. The Procter & Gamble Company has a twelve month low of $146.28 and a twelve month high of $180.43. The stock has a fifty day simple moving average of $169.19 and a 200 day simple moving average of $169.42. 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 issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The company had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. During the same period last year, the company earned $1.83 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. Sell-side analysts expect that The Procter & Gamble Company will post 6.93 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be given a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.31%.

Insider Buying and Selling

In related news, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the transaction, the insider now owns 11,566 shares in the company, valued at $1,954,538.34. The trade was a 52.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the firm’s 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 completion of the sale, the chief executive officer now owns 39,977 shares of the company’s stock, valued at $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 75,439 shares of company stock valued at $13,317,460 over the last quarter. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on PG. Barclays lowered their price objective on Procter & Gamble from $163.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Friday. Stifel Nicolaus dropped their price target on Procter & Gamble from $167.00 to $161.00 and set a “hold” rating for the company in a research note on Friday. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Evercore ISI boosted their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $164.00 price target 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 issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $179.65.

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.