Kiley Juergens Wealth Management LLC Grows Holdings in The Procter & Gamble Company (NYSE:PG)

Kiley Juergens Wealth Management LLC increased its position in shares of The Procter & Gamble Company (NYSE:PG) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 20,323 shares of the company’s stock after purchasing an additional 189 shares during the period. Procter & Gamble accounts for 1.0% of Kiley Juergens Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Kiley Juergens Wealth Management LLC’s holdings in Procter & Gamble were worth $2,978,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wyrmwood Management LLC bought a new position in Procter & Gamble during the fourth quarter worth $29,000. Mendota Financial Group LLC lifted its stake in Procter & Gamble by 636.6% during the fourth quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock worth $44,000 after purchasing an additional 261 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new position in shares of Procter & Gamble during the second quarter valued at $50,000. Morton Brown Family Wealth LLC boosted its holdings in shares of Procter & Gamble by 206.6% during the fourth quarter. Morton Brown Family Wealth LLC now owns 417 shares of the company’s stock valued at $61,000 after acquiring an additional 281 shares during the period. Finally, Activest Wealth Management boosted its holdings in shares of Procter & Gamble by 49.7% during the fourth quarter. Activest Wealth Management now owns 455 shares of the company’s stock valued at $67,000 after acquiring an additional 151 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 22,000 shares of Procter & Gamble stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $161.32, for a total transaction of $3,549,040.00. Following the transaction, the chief executive officer now owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Ma. Fatima Francisco sold 74,443 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $153.30, for a total value of $11,412,111.90. Following the completion of the sale, the chief executive officer now directly owns 973 shares in the company, valued at approximately $149,160.90. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 22,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $161.32, for a total value of $3,549,040.00. Following the completion of the sale, the chief executive officer now owns 36,845 shares of the company’s stock, valued at $5,943,835.40. The disclosure for this sale can be found here. Insiders have sold a total of 279,063 shares of company stock valued at $43,187,745 in the last 90 days. 0.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PG shares. Barclays boosted their price target on shares of Procter & Gamble from $165.00 to $168.00 and gave the company an “overweight” rating in a report on Friday. The Goldman Sachs Group assumed coverage on shares of Procter & Gamble in a research note on Friday, March 1st. They set a “neutral” rating and a $168.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Procter & Gamble from $170.00 to $172.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Stifel Nicolaus lifted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a research note on Wednesday, January 24th. Finally, UBS Group lifted their price objective on shares of Procter & Gamble from $172.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $168.53.

Procter & Gamble Trading Up 0.3 %

NYSE PG traded up $0.50 on Tuesday, hitting $155.95. 6,102,846 shares of the company were exchanged, compared to its average volume of 6,848,103. The company’s 50 day moving average price is $159.27 and its 200-day moving average price is $152.70. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.44. The firm has a market capitalization of $366.95 billion, a P/E ratio of 26.17, a price-to-earnings-growth ratio of 3.18 and a beta of 0.44. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $163.14.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, January 23rd. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.14. The firm had revenue of $21.44 billion for the quarter, compared to the consensus estimate of $21.48 billion. Procter & Gamble had a return on equity of 34.04% and a net margin of 17.60%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.59 EPS. Analysts predict that The Procter & Gamble Company will post 6.45 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 19th will be issued a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.58%. The ex-dividend date is Thursday, April 18th. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s payout ratio is presently 62.98%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.