Procter & Gamble Company (The) (NYSE:PG) insider Carolyn M. Tastad sold 5,300 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $89.18, for a total value of $472,654.00. Following the completion of the transaction, the insider now owns 57,191 shares of the company’s stock, valued at $5,100,293.38. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Procter & Gamble Company (NYSE PG) opened at $88.87 on Wednesday. Procter & Gamble Company has a 12 month low of $81.18 and a 12 month high of $94.67. The stock has a market capitalization of $225,789.27, a P/E ratio of 22.36, a PEG ratio of 2.87 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.02. Procter & Gamble Company (The) had a return on equity of 20.35% and a net margin of 23.72%. The company had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. During the same quarter in the prior year, the business posted $1.03 EPS. The business’s revenue was up .8% compared to the same quarter last year. research analysts forecast that Procter & Gamble Company will post 4.16 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th will be paid a dividend of $0.6896 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend is Thursday, October 19th. Procter & Gamble Company (The)’s dividend payout ratio is currently 48.51%.

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A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC raised its stake in Procter & Gamble Company (The) by 182.3% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 71,318 shares of the company’s stock valued at $6,489,000 after acquiring an additional 46,059 shares during the period. Cedar Hill Associates LLC raised its stake in Procter & Gamble Company (The) by 363.0% in the 3rd quarter. Cedar Hill Associates LLC now owns 15,660 shares of the company’s stock valued at $1,424,000 after acquiring an additional 12,278 shares during the period. Greytown Advisors Inc. raised its stake in Procter & Gamble Company (The) by 99.8% in the 3rd quarter. Greytown Advisors Inc. now owns 10,687 shares of the company’s stock valued at $972,000 after acquiring an additional 5,339 shares during the period. Beacon Investment Advisory Services Inc. raised its stake in Procter & Gamble Company (The) by 590.1% in the 3rd quarter. Beacon Investment Advisory Services Inc. now owns 19,205 shares of the company’s stock valued at $1,747,000 after acquiring an additional 16,422 shares during the period. Finally, Patten Group Inc. raised its stake in Procter & Gamble Company (The) by 66.2% in the 3rd quarter. Patten Group Inc. now owns 24,595 shares of the company’s stock valued at $1,320,000 after acquiring an additional 9,793 shares during the period. Institutional investors and hedge funds own 59.73% of the company’s stock.

PG has been the subject of several research analyst reports. Bank of America Corporation boosted their price objective on Procter & Gamble Company (The) from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, September 19th. Jefferies Group LLC reiterated a “buy” rating and issued a $103.00 price objective on shares of Procter & Gamble Company (The) in a research report on Thursday, September 7th. BidaskClub upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating in a research report on Saturday, August 19th. Zacks Investment Research upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research report on Tuesday, August 1st. Finally, Vetr upgraded Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $93.02 price objective for the company in a research report on Monday, October 23rd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. Procter & Gamble Company (The) has an average rating of “Hold” and a consensus target price of $88.69.

Procter & Gamble Company (The) Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

Insider Buying and Selling by Quarter for Procter & Gamble Company (The) (NYSE:PG)

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