The Procter & Gamble Company (NYSE:PG) Shares Sold by Vance Wealth Inc.

Vance Wealth Inc. trimmed its position in The Procter & Gamble Company (NYSE:PG) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,323 shares of the company’s stock after selling 358 shares during the quarter. Procter & Gamble makes up approximately 5.6% of Vance Wealth Inc.’s portfolio, making the stock its 3rd largest position. Vance Wealth Inc.’s holdings in Procter & Gamble were worth $12,796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in PG. Wyrmwood Management LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter worth approximately $29,000. Naples Money Management LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter worth approximately $29,000. Criterion Capital Advisors LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter worth approximately $33,000. Mendota Financial Group LLC boosted its holdings in shares of 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 period. Finally, 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 worth $61,000 after purchasing an additional 281 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Ma. Fatima Francisco sold 45,000 shares of the company’s stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the transaction, the chief executive officer now owns 973 shares in the company, valued at approximately $151,788. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 45,000 shares of the business’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the completion of the sale, the chief executive officer now directly owns 973 shares of the company’s stock, valued at approximately $151,788. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary A. Coombe sold 22,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now directly 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 100,865 shares of company stock worth $16,029,280 in the last 90 days. Corporate insiders own 0.17% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG traded down $1.26 on Friday, hitting $161.29. The stock had a trading volume of 5,659,784 shares, compared to its average volume of 6,820,118. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $164.32. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 0.69. The firm’s 50 day moving average price is $159.64 and its 200-day moving average price is $153.57. The company has a market capitalization of $380.67 billion, a price-to-earnings ratio of 26.35, a price-to-earnings-growth ratio of 3.27 and a beta of 0.44.

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

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 19th will be given a dividend of $1.0065 per share. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. This represents a $4.03 annualized dividend and a yield of 2.50%. Procter & Gamble’s dividend payout ratio is 65.85%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, February 29th. Royal Bank of Canada lifted their price target on shares of Procter & Gamble from $156.00 to $157.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 24th. UBS Group lifted their price target on shares of Procter & Gamble from $172.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $169.00 to $162.00 and set an “overweight” rating on the stock in a research report on Thursday, January 18th. Finally, Barclays lifted their price target on shares of Procter & Gamble from $168.00 to $170.00 and gave the company an “overweight” rating in a research report on Tuesday, April 23rd. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $169.76.

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.