Imprint Wealth LLC Has $1.61 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Imprint Wealth LLC cut its position in shares of The Procter & Gamble Company (NYSE:PG) by 4.5% during the 4th quarter, Holdings Channel reports. The firm owned 10,976 shares of the company’s stock after selling 520 shares during the quarter. Procter & Gamble comprises 1.3% of Imprint Wealth LLC’s portfolio, making the stock its 18th biggest holding. Imprint Wealth LLC’s holdings in Procter & Gamble were worth $1,611,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Wyrmwood Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at about $29,000. Mendota Financial Group LLC increased its holdings in shares of Procter & Gamble by 636.6% during the fourth quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock worth $44,000 after purchasing an additional 261 shares during the period. Itau Unibanco Holding S.A. bought a new stake in shares of Procter & Gamble in the second quarter valued at approximately $50,000. Morton Brown Family Wealth LLC grew its position in Procter & Gamble by 206.6% during the fourth quarter. Morton Brown Family Wealth LLC now owns 417 shares of the company’s stock worth $61,000 after buying an additional 281 shares in the last quarter. Finally, Activest Wealth Management increased its stake in Procter & Gamble by 49.7% during the 4th quarter. Activest Wealth Management now owns 455 shares of the company’s stock worth $67,000 after acquiring an additional 151 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 74,443 shares of the company’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $153.30, for a total value of $11,412,111.90. Following the completion of the transaction, the chief executive officer now owns 973 shares in the company, valued at approximately $149,160.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Marc S. Pritchard sold 101,704 shares of the company’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total value of $15,618,683.28. Following the transaction, the insider now owns 163,428 shares in the company, valued at $25,097,637.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ma. Fatima Francisco sold 74,443 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $153.30, for a total value of $11,412,111.90. Following the completion of the sale, the chief executive officer now owns 973 shares in the company, valued at $149,160.90. The disclosure for this sale can be found here. Insiders have sold 279,063 shares of company stock worth $43,187,745 in the last 90 days. Insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $169.00 to $162.00 and set an “overweight” rating on the stock in a research report on Thursday, January 18th. Barclays boosted their price target on Procter & Gamble from $165.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday. Raymond James raised their target price on Procter & Gamble from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. UBS Group increased their target price on shares of Procter & Gamble from $172.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Procter & Gamble from $170.00 to $172.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.53.

Procter & Gamble Stock Up 0.3 %

Shares of NYSE:PG traded up $0.53 during midday trading on Tuesday, hitting $155.98. 1,440,030 shares of the company’s stock were exchanged, compared to its average volume of 6,789,360. The company has a market cap of $367.02 billion, a PE ratio of 26.09, a price-to-earnings-growth ratio of 3.18 and a beta of 0.44. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.44. The Procter & Gamble Company has a 12 month low of $141.45 and a 12 month high of $163.14. The stock has a 50 day moving average price of $159.27 and a 200-day moving average price of $152.70.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.14. The business had revenue of $21.44 billion during the quarter, compared to the consensus estimate of $21.48 billion. Procter & Gamble had a return on equity of 34.04% and a net margin of 17.60%. Procter & Gamble’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.59 earnings per share. On average, sell-side analysts anticipate that The Procter & Gamble Company will post 6.45 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 19th will be given a dividend of $1.0065 per share. The ex-dividend date is Thursday, April 18th. This represents a $4.03 annualized dividend and a dividend yield of 2.58%. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.98%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.