Procter & Gamble Co (NYSE:PG) Chairman David S. Taylor sold 38,335 shares of the business’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $93.30, for a total transaction of $3,576,655.50. Following the transaction, the chairman now directly owns 231,615 shares in the company, valued at $21,609,679.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

David S. Taylor also recently made the following trade(s):

  • On Wednesday, August 22nd, David S. Taylor sold 21,029 shares of Procter & Gamble stock. The shares were sold at an average price of $83.52, for a total transaction of $1,756,342.08.

Procter & Gamble stock traded up $0.38 during mid-day trading on Thursday, reaching $93.87. The stock had a trading volume of 1,515,789 shares, compared to its average volume of 9,279,484. The stock has a market cap of $233.70 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 3.04 and a beta of 0.37. Procter & Gamble Co has a one year low of $70.73 and a one year high of $93.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.80 and a quick ratio of 0.62.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 19th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.09 by $0.03. The company had revenue of $16.69 billion for the quarter, compared to analysts’ expectations of $16.45 billion. Procter & Gamble had a net margin of 15.10% and a return on equity of 21.20%. Procter & Gamble’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 EPS. On average, equities analysts expect that Procter & Gamble Co will post 4.41 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Friday, October 19th will be paid a $0.7172 dividend. This represents a $2.87 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date is Thursday, October 18th. Procter & Gamble’s payout ratio is 68.01%.

A number of institutional investors have recently made changes to their positions in the stock. Concentric Wealth Management LLC lifted its stake in Procter & Gamble by 1.8% during the 3rd quarter. Concentric Wealth Management LLC now owns 30,543 shares of the company’s stock valued at $2,542,000 after acquiring an additional 546 shares during the period. Blackhawk Capital Partners LLC. lifted its stake in Procter & Gamble by 2.3% during the 3rd quarter. Blackhawk Capital Partners LLC. now owns 24,279 shares of the company’s stock valued at $2,021,000 after acquiring an additional 547 shares during the period. Grand Jean Capital Management Inc. lifted its stake in Procter & Gamble by 4.6% during the 3rd quarter. Grand Jean Capital Management Inc. now owns 12,577 shares of the company’s stock valued at $1,047,000 after acquiring an additional 548 shares during the period. Peak Asset Management LLC lifted its stake in shares of Procter & Gamble by 2.3% in the 3rd quarter. Peak Asset Management LLC now owns 25,119 shares of the company’s stock worth $2,091,000 after purchasing an additional 556 shares during the period. Finally, Motco lifted its stake in shares of Procter & Gamble by 20.0% in the 3rd quarter. Motco now owns 3,353 shares of the company’s stock worth $279,000 after purchasing an additional 558 shares during the period. Institutional investors own 58.53% of the company’s stock.

A number of research firms have recently weighed in on PG. ValuEngine raised shares of Procter & Gamble from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. Citigroup upped their target price on shares of Procter & Gamble from $93.00 to $99.00 and gave the stock a “buy” rating in a research report on Monday, October 22nd. UBS Group upped their target price on shares of Procter & Gamble from $82.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, October 22nd. SunTrust Banks upped their target price on shares of Procter & Gamble to $85.00 and gave the stock a “hold” rating in a research report on Monday, October 22nd. Finally, Wells Fargo & Co upped their target price on shares of Procter & Gamble from $78.00 to $84.00 and gave the stock a “market perform” rating in a research report on Monday, October 22nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $88.38.

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Procter & Gamble Company Profile

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

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