The Procter & Gamble Company (NYSE:PG) Shares Sold by KRS Capital Management LLC

KRS Capital Management LLC trimmed its stake in shares of The Procter & Gamble Company (NYSE:PG) by 6.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,690 shares of the company’s stock after selling 194 shares during the period. KRS Capital Management LLC’s holdings in Procter & Gamble were worth $451,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PG. Itau Unibanco Holding S.A. acquired a new position in Procter & Gamble during the second quarter valued at $28,000. RPg Family Wealth Advisory LLC acquired a new stake in Procter & Gamble during the third quarter valued at $33,000. Costello Asset Management INC grew its stake in Procter & Gamble by 2,142.9% in the third quarter. Costello Asset Management INC now owns 314 shares of the company’s stock valued at $54,000 after purchasing an additional 300 shares in the last quarter. William B. Walkup & Associates Inc. acquired a new position in Procter & Gamble in the 2nd quarter worth about $58,000. Finally, Mendota Financial Group LLC raised its stake in shares of Procter & Gamble by 58.0% during the 4th quarter. Mendota Financial Group LLC now owns 376 shares of the company’s stock worth $63,000 after purchasing an additional 138 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.5 %

NYSE PG opened at $161.35 on Monday. The Procter & Gamble Company has a 1-year low of $146.28 and a 1-year high of $180.43. 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 stock’s 50 day moving average is $169.19 and its two-hundred day moving average is $169.42. The company has a current ratio of 0.75, a quick ratio of 0.55 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, beating 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 analysts’ expectations of $21.99 billion. During the same period last year, the business earned $1.83 earnings per share. The business’s revenue was down .6% on a year-over-year basis. Equities analysts forecast that The Procter & Gamble Company will post 6.93 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given 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 yield of 2.50%. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. DA Davidson restated a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a report on Friday, December 27th. Evercore ISI lifted their price objective on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Hsbc Global Res upgraded Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Morgan Stanley lifted their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, Stifel Nicolaus decreased their price target on shares of Procter & Gamble from $167.00 to $161.00 and set a “hold” rating for the company in a report on Friday. Eight equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $179.65.

Insiders Place Their Bets

In other news, CEO R. Alexandra Keith sold 1,992 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $170.00, for a total transaction of $338,640.00. Following the sale, the chief executive officer now owns 13,783 shares in the company, valued at approximately $2,343,110. This represents a 12.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now owns 39,977 shares in the company, valued at approximately $7,189,463.68. This trade represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,439 shares of company stock valued at $13,317,460. 0.18% of the stock is currently owned by insiders.

Procter & Gamble 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.