LWM Advisory Services LLC Raises Position in The Procter & Gamble Company (NYSE:PG)

LWM Advisory Services LLC increased its position in shares of The Procter & Gamble Company (NYSE:PG) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,143 shares of the company’s stock after purchasing an additional 66 shares during the period. LWM Advisory Services LLC’s holdings in Procter & Gamble were worth $461,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Altrius Capital Management Inc increased its holdings in shares of Procter & Gamble by 1.4% in the 4th quarter. Altrius Capital Management Inc now owns 24,127 shares of the company’s stock worth $3,536,000 after buying an additional 331 shares during the last quarter. Intrust Bank NA boosted its stake in shares of Procter & Gamble by 0.4% during the 4th quarter. Intrust Bank NA now owns 20,024 shares of the company’s stock worth $2,934,000 after purchasing an additional 87 shares during the period. EWA LLC boosted its stake in shares of Procter & Gamble by 16.2% during the 4th quarter. EWA LLC now owns 2,040 shares of the company’s stock worth $323,000 after purchasing an additional 285 shares during the period. Eagle Ridge Investment Management boosted its stake in shares of Procter & Gamble by 17.0% during the 4th quarter. Eagle Ridge Investment Management now owns 12,256 shares of the company’s stock worth $1,796,000 after purchasing an additional 1,785 shares during the period. Finally, Naviter Wealth LLC boosted its stake in shares of Procter & Gamble by 23.2% during the 4th quarter. Naviter Wealth LLC now owns 15,683 shares of the company’s stock worth $2,298,000 after purchasing an additional 2,957 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Price Performance

PG traded up $0.37 during midday trading on Monday, hitting $161.66. 4,620,889 shares of the company traded hands, compared to its average volume of 6,928,548. The company has a current ratio of 0.69, a quick ratio of 0.48 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $381.54 billion, a price-to-earnings ratio of 26.42, a PEG ratio of 3.27 and a beta of 0.44. The Procter & Gamble Company has a 52-week low of $141.45 and a 52-week high of $164.32. The business has a 50 day simple moving average of $159.64 and a two-hundred day simple moving average of $153.65.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.10. The business had revenue of $20.20 billion for the quarter, compared to the consensus estimate of $20.43 billion. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The company’s revenue was up .6% compared to the same quarter last year. During the same period last year, the firm posted $1.37 earnings per share. On average, equities analysts forecast that The Procter & Gamble Company will post 6.55 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.49%. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. Procter & Gamble’s dividend payout ratio is 65.85%.

Analyst Ratings Changes

Several equities research analysts have issued reports on PG shares. Stifel Nicolaus boosted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a research report on Wednesday, January 24th. Raymond James upped their price target on shares of Procter & Gamble from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Procter & Gamble from $172.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, April 22nd. Finally, Argus upped their price target on shares of Procter & Gamble from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $169.76.

Insider Activity

In related news, insider Susan Street Whaley sold 3,865 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the completion of the sale, the insider now directly owns 11,886 shares in the company, valued at $1,908,891.60. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other Procter & Gamble news, insider Balaji Purushothaman sold 28,369 shares of Procter & Gamble stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $161.49, for a total transaction of $4,581,309.81. Following the completion of the sale, the insider now directly owns 11,507 shares in the company, valued at $1,858,265.43. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan Street Whaley sold 3,865 shares of Procter & Gamble stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the sale, the insider now owns 11,886 shares of the company’s stock, valued at $1,908,891.60. The disclosure for this sale can be found here. Insiders sold 55,865 shares of company stock worth $9,009,280 over the last three months. Insiders own 0.17% of the company’s stock.

Procter & Gamble 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.