The Procter & Gamble Company (NYSE:PG) Shares Acquired by Advisory Alpha LLC

Advisory Alpha LLC raised its position in shares of The Procter & Gamble Company (NYSE:PG) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,473 shares of the company’s stock after acquiring an additional 1,163 shares during the quarter. Advisory Alpha LLC’s holdings in Procter & Gamble were worth $2,259,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Fiera Capital Corp grew its position in shares of Procter & Gamble by 1,135.1% in the second quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock valued at $3,412,000 after purchasing an additional 19,013 shares in the last quarter. Fred Alger Management LLC grew its position in shares of Procter & Gamble by 4.7% in the second quarter. Fred Alger Management LLC now owns 67,580 shares of the company’s stock valued at $11,145,000 after purchasing an additional 3,006 shares in the last quarter. Employees Retirement System of Texas grew its position in shares of Procter & Gamble by 11.1% in the second quarter. Employees Retirement System of Texas now owns 566,384 shares of the company’s stock valued at $93,408,000 after purchasing an additional 56,456 shares in the last quarter. Drucker Wealth 3.0 LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at approximately $526,000. Finally, Delta Investment Management LLC grew its position in shares of Procter & Gamble by 0.7% in the second quarter. Delta Investment Management LLC now owns 22,045 shares of the company’s stock valued at $3,636,000 after purchasing an additional 154 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.9 %

Procter & Gamble stock opened at $166.20 on Friday. The Procter & Gamble Company has a 1-year low of $152.06 and a 1-year high of $180.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The stock has a market cap of $391.41 billion, a PE ratio of 28.66, a P/E/G ratio of 3.64 and a beta of 0.45. The stock’s fifty day moving average is $168.97 and its two-hundred day moving average is $169.38.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The company had revenue of $21.88 billion for the quarter, compared to analysts’ expectations of $21,657,595.49 billion. During the same period last year, the firm earned $1.84 earnings per share. Procter & Gamble’s quarterly revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts expect that The Procter & Gamble Company will post 6.92 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 69.48%.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble 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 sale, the chief executive officer now 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble 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 sale, the insider now owns 11,595 shares in the company, valued at $2,002,804.35. This trade represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on PG. Barclays increased their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday. UBS Group lowered their price objective on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a research report on Thursday. Finally, Hsbc Global Res upgraded 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, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $180.25.

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.