Somerville Kurt F decreased its holdings in Procter & Gamble Co (NYSE:PG) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 149,268 shares of the company’s stock after selling 3,432 shares during the quarter. Procter & Gamble makes up 3.5% of Somerville Kurt F’s portfolio, making the stock its 5th biggest position. Somerville Kurt F’s holdings in Procter & Gamble were worth $18,644,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. AMI Asset Management Corp lifted its stake in Procter & Gamble by 0.7% in the third quarter. AMI Asset Management Corp now owns 13,431 shares of the company’s stock valued at $1,671,000 after buying an additional 87 shares during the last quarter. Centric Wealth Management grew its position in Procter & Gamble by 0.9% in the 3rd quarter. Centric Wealth Management now owns 10,692 shares of the company’s stock worth $1,295,000 after purchasing an additional 91 shares during the last quarter. First Mercantile Trust Co. grew its position in Procter & Gamble by 1.5% in the 3rd quarter. First Mercantile Trust Co. now owns 6,164 shares of the company’s stock worth $767,000 after purchasing an additional 92 shares during the last quarter. Winthrop Advisory Group LLC grew its position in Procter & Gamble by 0.9% in the 4th quarter. Winthrop Advisory Group LLC now owns 10,963 shares of the company’s stock worth $1,369,000 after purchasing an additional 98 shares during the last quarter. Finally, Planning Solutions Group LLC increased its stake in shares of Procter & Gamble by 0.8% in the second quarter. Planning Solutions Group LLC now owns 12,121 shares of the company’s stock valued at $1,329,000 after purchasing an additional 100 shares during the period. 62.74% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:PG opened at $125.96 on Thursday. The company has a 50 day moving average of $124.20 and a 200-day moving average of $120.41. The company has a current ratio of 0.72, a quick ratio of 0.54 and a debt-to-equity ratio of 0.44. The firm has a market cap of $310.95 billion, a P/E ratio of 27.87, a P/E/G ratio of 3.38 and a beta of 0.40. Procter & Gamble Co has a twelve month low of $89.08 and a twelve month high of $126.60.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be paid a dividend of $0.7459 per share. This represents a $2.98 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date is Thursday, January 23rd. Procter & Gamble’s payout ratio is currently 65.93%.

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 1,729 shares of the company’s stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $122.00, for a total value of $210,938.00. Following the completion of the sale, the chief executive officer now directly owns 6,856 shares of the company’s stock, valued at approximately $836,432. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Steven D. Bishop sold 41,165 shares of the firm’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $123.36, for a total transaction of $5,078,114.40. Following the transaction, the chief executive officer now owns 45,176 shares of the company’s stock, valued at approximately $5,572,911.36. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,288,513 shares of company stock valued at $159,734,252. 1.75% of the stock is currently owned by corporate insiders.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. lifted their price target on Procter & Gamble from $136.00 to $139.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Goldman Sachs Group reissued a “buy” rating and issued a $136.00 price objective on shares of Procter & Gamble in a report on Wednesday, October 23rd. Morgan Stanley raised their target price on Procter & Gamble from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Wednesday, October 23rd. ValuEngine downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Co lifted their target price on Procter & Gamble from $135.00 to $136.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $119.07.

Procter & Gamble 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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