The Procter & Gamble Company (NYSE:PG) Stock Holdings Decreased by Dividend Assets Capital LLC


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Dividend Assets Capital LLC lessened its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 2.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,153 shares of the company’s stock after selling 433 shares during the period. Dividend Assets Capital LLC’s holdings in The Procter & Gamble were worth $2,323,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the stock. OLD Mission Capital LLC acquired a new stake in shares of The Procter & Gamble in the 3rd quarter worth approximately $349,000. Schonfeld Strategic Advisors LLC lifted its stake in The Procter & Gamble by 17.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 81,419 shares of the company’s stock worth $11,316,000 after acquiring an additional 11,815 shares in the last quarter. Sei Investments Co. increased its position in The Procter & Gamble by 23.5% in the 3rd quarter. Sei Investments Co. now owns 751,647 shares of the company’s stock worth $104,586,000 after purchasing an additional 143,163 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of The Procter & Gamble by 4.6% during the 4th quarter. Private Trust Co. NA now owns 65,553 shares of the company’s stock valued at $9,121,000 after acquiring an additional 2,892 shares during the last quarter. Finally, First Financial Bank Trust Division grew its holdings in The Procter & Gamble by 0.6% in the 4th quarter. First Financial Bank Trust Division now owns 307,093 shares of the company’s stock valued at $42,728,000 after buying an additional 1,705 shares during the last quarter. 63.05% of the stock is owned by institutional investors and hedge funds.

In other The Procter & Gamble news, Director Nelson Peltz sold 408,880 shares of the company’s stock in a transaction on Wednesday, February 3rd. The stock was sold at an average price of $128.71, for a total transaction of $52,626,944.80. Following the completion of the sale, the director now directly owns 5,357 shares in the company, valued at $689,499.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO R. Alexandra Keith sold 12,668 shares of the stock in a transaction on Wednesday, April 21st. The shares were sold at an average price of $137.99, for a total value of $1,748,057.32. Following the completion of the transaction, the chief executive officer now owns 29,017 shares of the company’s stock, valued at $4,004,055.83. The disclosure for this sale can be found here. Insiders sold 560,215 shares of company stock worth $72,179,449 in the last ninety days. 0.70% of the stock is owned by company insiders.

A number of analysts have commented on PG shares. Sanford C. Bernstein started coverage on The Procter & Gamble in a research report on Tuesday, January 19th. They issued a “market perform” rating and a $149.00 price objective for the company. Morgan Stanley cut their target price on The Procter & Gamble from $165.00 to $155.00 and set an “overweight” rating for the company in a research report on Monday, April 26th. Stifel Nicolaus downgraded The Procter & Gamble from a “buy” rating to a “hold” rating and set a $141.00 target price for the company. in a research report on Thursday, January 28th. Deutsche Bank Aktiengesellschaft cut their price objective on The Procter & Gamble from $159.00 to $158.00 and set a “buy” rating for the company in a research report on Tuesday, April 27th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reaffirmed a “neutral” rating and set a $150.00 price objective (down from $165.00) on shares of The Procter & Gamble in a research note on Tuesday, April 27th. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $148.93.

PG traded up $0.59 on Tuesday, hitting $135.59. 156,938 shares of the company were exchanged, compared to its average volume of 8,280,199. The stock’s fifty day moving average is $133.89 and its 200-day moving average is $134.79. The company has a market cap of $331.96 billion, a PE ratio of 25.81, a PEG ratio of 3.25 and a beta of 0.38. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.68 and a current ratio of 0.87. The Procter & Gamble Company has a 12 month low of $111.25 and a 12 month high of $146.92.

The Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Monday, April 19th. The company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. The firm had revenue of $18.10 billion for the quarter, compared to the consensus estimate of $18 billion. The Procter & Gamble had a return on equity of 30.69% and a net margin of 18.92%. The business’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.17 earnings per share. As a group, equities research analysts expect that The Procter & Gamble Company will post 5.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, May 17th. Stockholders of record on Friday, April 23rd will be given a $0.8698 dividend. This is an increase from The Procter & Gamble’s previous quarterly dividend of $0.79. The ex-dividend date is Thursday, April 22nd. This represents a $3.48 annualized dividend and a dividend yield of 2.57%. The Procter & Gamble’s dividend payout ratio is presently 67.97%.

About The Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It operates in five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for The Procter & Gamble (NYSE:PG)

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