Procter & Gamble (NYSE:PG) Insider Moses Victor Javier Aguilar Sells 18,812 Shares of Company Stock

Procter & Gamble Company (The) (NYSE:PG) insider Victor Aguilar sold 18,812 shares of the stock in a transaction that occurred on Friday, October 30th. The stock was sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the sale, the insider directly owned 55,243 shares of the company’s stock, valued at $9,083,606.49. This trade represents a 25.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Procter & Gamble Stock Down 1.0%

PG traded down $1.59 on Tuesday, reaching $161.97. 1,555,851 shares of the company traded hands, compared to its average volume of 9,691,114. The company has a market cap of $375.40 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 3.89 and a beta of 0.39. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. The stock’s 50 day moving average price is $150.37 and its 200-day moving average price is $149.04. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The company had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.99 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s payout ratio is 65.51%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PG. Evercore upgraded shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a report on Tuesday, October 6th. Royal Bank Of Canada set a $169.00 price objective on Procter & Gamble in a research note on Friday, October 23rd. TD Cowen boosted their price objective on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday, October 23rd. Freedom Broker upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research note on Friday, October 23rd. Finally, Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Fifteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $170.57.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $27,862,105,000. State Street Corp lifted its holdings in shares of Procter & Gamble by 1.0% during the 2nd quarter. State Street Corp now owns 102,216,308 shares of the company’s stock worth $14,988,999,000 after acquiring an additional 965,461 shares during the period. Bank of America Corp DE acquired a new stake in shares of Procter & Gamble during the 2nd quarter valued at about $3,850,628,000. Bank of New York Mellon Corp acquired a new stake in shares of Procter & Gamble during the 2nd quarter valued at about $2,281,505,000. Finally, Dimensional Fund Advisors LP increased its stake in Procter & Gamble by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 11,797,916 shares of the company’s stock valued at $1,704,182,000 after acquiring an additional 300,280 shares during the period. 65.77% of the stock is owned by institutional investors.

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.