Procter & Gamble Co (NYSE:PG) insider Gary A. Coombe sold 10,992 shares of the company’s stock in a transaction on Wednesday, November 14th. The stock was sold at an average price of $93.90, for a total transaction of $1,032,148.80. Following the sale, the insider now directly owns 64,247 shares of the company’s stock, valued at $6,032,793.30. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Procter & Gamble stock opened at $93.83 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.80 and a debt-to-equity ratio of 0.40. Procter & Gamble Co has a fifty-two week low of $70.73 and a fifty-two week high of $93.90. The firm has a market capitalization of $233.70 billion, a price-to-earnings ratio of 22.23, a P/E/G ratio of 3.04 and a beta of 0.37.

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

The business also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Shareholders of record on Friday, October 19th were issued a $0.7172 dividend. This represents a $2.87 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Thursday, October 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 68.01%.

Institutional investors have recently modified their holdings of the business. Moody Aldrich Partners LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $73,142,000. Ayalon Holdings Ltd. acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at $108,000. First Mercantile Trust Co. acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at $111,000. RPg Family Wealth Advisory LLC raised its stake in shares of Procter & Gamble by 209.4% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 1,349 shares of the company’s stock valued at $105,000 after buying an additional 913 shares in the last quarter. Finally, CSat Investment Advisory L.P. acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $113,000. 58.53% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently issued reports on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a $86.00 price objective on shares of Procter & Gamble in a report on Friday, November 9th. TD Securities reaffirmed a “hold” rating on shares of Procter & Gamble in a report on Thursday, November 8th. Bank of America upped their price objective on shares of Procter & Gamble from $92.00 to $95.00 and gave the stock a “neutral” rating in a report on Tuesday, November 6th. ValuEngine raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Zacks Investment Research raised shares of Procter & Gamble from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock 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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Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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