Town & Country Bank & Trust CO dba First Bankers Trust CO Acquires 7,430 Shares of Procter & Gamble Company (The) $PG

Town & Country Bank & Trust CO dba First Bankers Trust CO increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 32.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,003 shares of the company’s stock after purchasing an additional 7,430 shares during the period. Procter & Gamble accounts for 1.4% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings, making the stock its 18th biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Procter & Gamble were worth $4,300,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of PG. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble during the 3rd quarter valued at $25,000. Saranac Partners Ltd purchased a new position in shares of Procter & Gamble in the 3rd quarter valued at $30,000. Corundum Trust Company INC bought a new position in shares of Procter & Gamble in the 3rd quarter worth $32,000. Caitlin John LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth $34,000. Finally, Marquette Asset Management LLC bought a new stake in Procter & Gamble during the third quarter valued at about $37,000. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. TD Cowen lowered their price target on shares of Procter & Gamble from $156.00 to $142.00 and set a “hold” rating on the stock in a report on Wednesday. Wells Fargo & Company reissued an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Tuesday, February 17th. Barclays set a $155.00 target price on shares of Procter & Gamble in a research note on Friday, January 16th. Rothschild & Co Redburn upped their price target on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $167.06.

Procter & Gamble Trading Down 0.0%

Shares of Procter & Gamble stock opened at $143.06 on Friday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $174.80. The firm’s 50 day simple moving average is $153.57 and its two-hundred day simple moving average is $149.64. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $332.46 billion, a price-to-earnings ratio of 21.19, a PEG ratio of 5.04 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, January 23rd. 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 net margin of 19.30% and a return on equity of 32.21%. The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the previous year, the company earned $1.88 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s payout ratio is presently 62.67%.

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,827 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the sale, the insider directly owned 12,639 shares in the company, valued at approximately $2,026,158.09. The trade was a 50.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the sale, the insider owned 44,735 shares in the company, valued at $7,259,595.80. The trade was a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 348,618 shares of company stock valued at $55,462,643. Insiders own 0.20% of the company’s stock.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.