Endurance Wealth Management Inc. increased its position in Procter & Gamble Co (NYSE:PG) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,646 shares of the company’s stock after purchasing an additional 301 shares during the quarter. Endurance Wealth Management Inc.’s holdings in Procter & Gamble were worth $2,828,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Lucia Wealth Services LLC acquired a new position in shares of Procter & Gamble during the 3rd quarter worth about $29,000. Selective Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the 3rd quarter worth about $35,000. Princeton Global Asset Management LLC grew its position in shares of Procter & Gamble by 51.4% during the 2nd quarter. Princeton Global Asset Management LLC now owns 442 shares of the company’s stock worth $48,000 after buying an additional 150 shares during the period. Ironwood Financial llc grew its position in shares of Procter & Gamble by 27.3% during the 3rd quarter. Ironwood Financial llc now owns 480 shares of the company’s stock worth $60,000 after buying an additional 103 shares during the period. Finally, Financial Management Professionals Inc. grew its position in shares of Procter & Gamble by 27.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 591 shares of the company’s stock worth $74,000 after buying an additional 128 shares during the period. Hedge funds and other institutional investors own 62.74% of the company’s stock.

Shares of NYSE:PG traded up $0.22 during trading on Tuesday, hitting $125.10. 1,966,126 shares of the company were exchanged, compared to its average volume of 6,050,911. The stock has a market cap of $309.16 billion, a price-to-earnings ratio of 27.68, a P/E/G ratio of 3.36 and a beta of 0.40. Procter & Gamble Co has a fifty-two week low of $89.08 and a fifty-two week high of $126.60. The firm has a fifty day moving average price of $124.03 and a two-hundred day moving average price of $120.26. The company has a current ratio of 0.72, a quick ratio of 0.54 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.13. The firm had revenue of $17.80 billion for the quarter, compared to analyst estimates of $17.43 billion. Procter & Gamble had a return on equity of 25.07% and a net margin of 6.24%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.12 EPS. As a group, research analysts predict that Procter & Gamble Co will post 4.94 EPS for the current year.

In other Procter & Gamble news, Director Nelson Peltz sold 936,280 shares of the company’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $123.87, for a total value of $115,977,003.60. Following the transaction, the director now directly owns 3,844 shares of the company’s stock, valued at approximately $476,156.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Marc S. Pritchard sold 26,075 shares of the company’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $124.96, for a total value of $3,258,332.00. Following the completion of the transaction, the insider now directly owns 139,066 shares in the company, valued at $17,377,687.36. The disclosure for this sale can be found here. Insiders have sold a total of 1,288,513 shares of company stock worth $159,734,252 over the last three months. 1.75% of the stock is owned by insiders.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Procter & Gamble from $136.00 to $139.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Goldman Sachs Group restated a “buy” rating and set a $136.00 target price on shares of Procter & Gamble in a research report on Wednesday, October 23rd. TheStreet upgraded Procter & Gamble from a “c+” rating to a “b+” rating in a report on Tuesday, October 22nd. Morgan Stanley lifted their price objective on Procter & Gamble from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Finally, Wells Fargo & Co lifted their price objective on Procter & Gamble from $135.00 to $136.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $119.07.

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

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