Procter & Gamble Company (The) (NYSE:PG) Shares Purchased by Chilton Capital Management LLC

Chilton Capital Management LLC lifted its stake in Procter & Gamble Company (The) (NYSE:PG) by 7.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 190,538 shares of the company’s stock after purchasing an additional 12,562 shares during the period. Procter & Gamble makes up 1.4% of Chilton Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Chilton Capital Management LLC’s holdings in Procter & Gamble were worth $32,471,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PG. Cladis Investment Advisory LLC lifted its holdings in shares of Procter & Gamble by 5.2% in the fourth quarter. Cladis Investment Advisory LLC now owns 4,807 shares of the company’s stock valued at $806,000 after purchasing an additional 236 shares in the last quarter. FAS Wealth Partners Inc. lifted its holdings in shares of Procter & Gamble by 2.0% in the fourth quarter. FAS Wealth Partners Inc. now owns 27,690 shares of the company’s stock valued at $4,642,000 after purchasing an additional 549 shares in the last quarter. Natural Investments LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $2,121,000. Yoffe Investment Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $1,874,000. Finally, Sanders Capital LLC raised its position in shares of Procter & Gamble by 1.4% in the fourth quarter. Sanders Capital LLC now owns 7,353,715 shares of the company’s stock valued at $1,232,850,000 after buying an additional 104,168 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on PG. Erste Group Bank lowered shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 30th. Evercore ISI reissued an “outperform” rating and issued a $190.00 price objective (up previously from $170.00) on shares of Procter & Gamble in a research report on Tuesday, June 3rd. Citigroup cut their price objective on shares of Procter & Gamble from $200.00 to $181.00 and set a “buy” rating for the company in a research report on Friday, April 25th. Redburn Atlantic lowered shares of Procter & Gamble from a “buy” rating to a “neutral” rating and set a $161.00 price objective for the company. in a research report on Thursday, May 1st. Finally, Raymond James Financial cut their price objective on shares of Procter & Gamble from $190.00 to $185.00 and set an “outperform” rating for the company in a research report on Friday, April 25th. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $178.45.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $160.72 on Friday. Procter & Gamble Company has a 52-week low of $156.58 and a 52-week high of $180.43. The firm has a fifty day moving average of $162.10 and a 200-day moving average of $165.28. The firm has a market capitalization of $376.82 billion, a P/E ratio of 25.51, a PEG ratio of 4.58 and a beta of 0.40. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The company had revenue of $19.78 billion during the quarter, compared to analyst estimates of $20.42 billion. During the same quarter in the prior year, the business earned $1.52 earnings per share. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. As a group, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were given a $1.0568 dividend. The ex-dividend date of this dividend was Monday, April 21st. This represents a $4.23 annualized dividend and a dividend yield of 2.63%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.01. Procter & Gamble’s dividend payout ratio is presently 67.14%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the company’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $158.67, for a total value of $1,669,208.40. Following the completion of the transaction, the insider directly owned 25,182 shares in the company, valued at approximately $3,995,627.94. This represents a 29.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jennifer L. Davis sold 1,000 shares of the company’s stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total transaction of $161,380.00. Following the completion of the transaction, the chief executive officer owned 51,965 shares of the company’s stock, valued at $8,386,111.70. This trade represents a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by corporate insiders.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.