Shares of Procter & Gamble Co. (NYSE:PG) have received an average recommendation of “Buy” from the twenty-six ratings firms that are currently covering the stock. Eleven research analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $92.80.

PG has been the topic of several analyst reports. Jefferies Group reissued a “buy” rating and set a $98.00 target price on shares of Procter & Gamble Co. in a research report on Thursday, August 4th. Citigroup Inc. raised their price target on Procter & Gamble Co. from $92.00 to $98.00 and gave the company a “buy” rating in a research report on Thursday, August 4th. Deutsche Bank AG raised their price target on Procter & Gamble Co. from $92.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, August 3rd. JPMorgan Chase & Co. set a $99.00 price target on Procter & Gamble Co. and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Finally, Stifel Nicolaus set a $93.00 price target on Procter & Gamble Co. and gave the company a “buy” rating in a research report on Wednesday, August 3rd.

Procter & Gamble Co. (NYSE:PG) traded down 0.416% during midday trading on Wednesday, reaching $82.545. The company’s stock had a trading volume of 5,629,824 shares. The firm has a market capitalization of $220.89 billion, a price-to-earnings ratio of 22.018 and a beta of 0.62. Procter & Gamble Co. has a 12 month low of $74.46 and a 12 month high of $90.33. The stock’s 50-day moving average price is $85.51 and its 200-day moving average price is $85.44.

Procter & Gamble Co. (NYSE:PG) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.05. Procter & Gamble Co. had a return on equity of 17.95% and a net margin of 16.27%. The business earned $16.50 billion during the quarter, compared to analyst estimates of $16.49 billion. During the same period last year, the company earned $0.98 earnings per share. Procter & Gamble Co.’s quarterly revenue was down .1% compared to the same quarter last year. Analysts predict that Procter & Gamble Co. will post $3.89 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Friday, October 21st were issued a dividend of $0.6695 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend was Wednesday, October 19th. Procter & Gamble Co.’s dividend payout ratio is presently 71.66%.

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In other news, insider Juan Fernando Posada sold 3,501 shares of the business’s stock in a transaction on Wednesday, September 28th. The shares were sold at an average price of $89.50, for a total value of $313,339.50. Following the completion of the transaction, the insider now owns 19,953 shares of the company’s stock, valued at approximately $1,785,793.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Price Matthew sold 3,081 shares of the business’s stock in a transaction on Wednesday, November 2nd. The shares were sold at an average price of $86.90, for a total transaction of $267,738.90. Following the completion of the transaction, the insider now directly owns 14,962 shares of the company’s stock, valued at approximately $1,300,197.80. The disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. American National Bank raised its position in shares of Procter & Gamble Co. by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock valued at $102,000 after buying an additional 788 shares during the period. Americafirst Capital Management LLC purchased a new position in shares of Procter & Gamble Co. during the second quarter valued at about $112,000. Davidson Investment Advisors raised its position in shares of Procter & Gamble Co. by 9.0% in the third quarter. Davidson Investment Advisors now owns 1,395 shares of the company’s stock valued at $125,000 after buying an additional 115 shares during the period. Signature Estate & Investment Advisors LLC purchased a new position in shares of Procter & Gamble Co. during the second quarter valued at about $122,000. Finally, Global X Management Co. LLC raised its position in shares of Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock valued at $128,000 after buying an additional 1,095 shares during the period. 67.27% of the stock is owned by institutional investors.

Procter & Gamble Co. Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

5 Day Chart for NYSE:PG

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