TrimTabs Asset Management LLC purchased a new position in The Procter & Gamble Company (NYSE:PG) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,912 shares of the company’s stock, valued at approximately $1,748,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. MD Financial Management Inc. purchased a new stake in shares of The Procter & Gamble in the 4th quarter worth approximately $28,000. Greenhouse Wealth Management LLC bought a new position in shares of The Procter & Gamble during the 4th quarter worth approximately $31,000. Luken Investment Analytics LLC acquired a new position in The Procter & Gamble during the 4th quarter valued at approximately $34,000. Flagship Private Wealth LLC acquired a new position in The Procter & Gamble during the 4th quarter valued at approximately $36,000. Finally, Grant Street Asset Management Inc. acquired a new position in The Procter & Gamble during the 4th quarter valued at approximately $43,000. 63.05% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have issued reports on the stock. Zacks Investment Research lowered shares of The Procter & Gamble from a “buy” rating to a “hold” rating and set a $139.00 price target on the stock. in a research note on Thursday, January 21st. Stifel Nicolaus lowered shares of The Procter & Gamble from a “buy” rating to a “hold” rating and set a $141.00 price target on the stock. in a research note on Thursday, January 28th. Independent Research upgraded shares of The Procter & Gamble from a “hold” rating to a “buy” rating and set a $149.00 price target on the stock in a research note on Friday, January 22nd. Deutsche Bank Aktiengesellschaft upped their price target on shares of The Procter & Gamble from $156.00 to $159.00 and gave the company a “buy” rating in a research note on Wednesday, January 13th. Finally, Sanford C. Bernstein began coverage on shares of The Procter & Gamble in a research note on Tuesday, January 19th. They issued a “market perform” rating and a $149.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $148.53.

In other news, VP Valarie L. Sheppard sold 1,811 shares of the business’s stock in a transaction that occurred on Friday, February 26th. The shares were sold at an average price of $125.77, for a total transaction of $227,769.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Marc S. Pritchard sold 95,163 shares of the business’s stock in a transaction that occurred on Thursday, January 21st. The stock was sold at an average price of $130.65, for a total transaction of $12,433,045.95. Following the sale, the insider now owns 224,749 shares of the company’s stock, valued at approximately $29,363,456.85. The disclosure for this sale can be found here. Insiders sold 629,838 shares of company stock valued at $81,120,667 in the last quarter. 0.70% of the stock is owned by insiders.

The Procter & Gamble stock traded up $0.08 during midday trading on Thursday, hitting $136.82. 122,155 shares of the stock were exchanged, compared to its average volume of 8,402,357. The Procter & Gamble Company has a fifty-two week low of $111.25 and a fifty-two week high of $146.92. The stock has a market capitalization of $336.92 billion, a price-to-earnings ratio of 26.15, a PEG ratio of 3.25 and a beta of 0.38. The stock’s 50-day simple moving average is $129.24 and its 200 day simple moving average is $135.38. The company has a current ratio of 0.87, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50.

The Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, January 19th. The company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.13. The Procter & Gamble had a net margin of 18.92% and a return on equity of 30.69%. The business had revenue of $19.75 billion during the quarter, compared to analysts’ expectations of $19.23 billion. During the same period last year, the business earned $1.42 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis. Equities analysts anticipate that The Procter & Gamble Company will post 5.59 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 16th. Stockholders of record on Friday, January 22nd were paid a $0.7907 dividend. This represents a $3.16 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend was Thursday, January 21st. The Procter & Gamble’s payout ratio is 61.72%.

The Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North and Latin America, Europe, the Asia Pacific, Greater China, India, the Middle East, and Africa. It 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 The Procter & Gamble (NYSE:PG)

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