ICW Investment Advisors LLC Acquires 114 Shares of The Procter & Gamble Company (NYSE:PG)

ICW Investment Advisors LLC boosted its position in shares of The Procter & Gamble Company (NYSE:PG) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,126 shares of the company’s stock after purchasing an additional 114 shares during the quarter. ICW Investment Advisors LLC’s holdings in Procter & Gamble were worth $2,217,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PG. Wendell David Associates Inc. boosted its holdings in shares of Procter & Gamble by 0.5% in the third quarter. Wendell David Associates Inc. now owns 93,825 shares of the company’s stock valued at $13,685,000 after buying an additional 491 shares during the period. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in Procter & Gamble by 9.3% during the third quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 23,924 shares of the company’s stock worth $3,490,000 after purchasing an additional 2,043 shares during the last quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its holdings in Procter & Gamble by 10.8% during the third quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 20,677 shares of the company’s stock worth $3,016,000 after purchasing an additional 2,011 shares during the last quarter. Modus Advisors LLC boosted its holdings in Procter & Gamble by 1.4% during the third quarter. Modus Advisors LLC now owns 15,310 shares of the company’s stock worth $2,233,000 after purchasing an additional 214 shares during the last quarter. Finally, Signet Investment Advisory Group Inc. boosted its holdings in Procter & Gamble by 1.2% during the third quarter. Signet Investment Advisory Group Inc. now owns 20,571 shares of the company’s stock worth $3,000,000 after purchasing an additional 244 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of several recent research reports. Stifel Nicolaus increased their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “hold” rating in a report on Wednesday, January 24th. Barclays increased their target price on shares of Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday, April 23rd. Wells Fargo & Company upped their price target on shares of Procter & Gamble from $162.00 to $170.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Procter & Gamble from $172.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Finally, Royal Bank of Canada upped their price target on shares of Procter & Gamble from $156.00 to $157.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $169.76.

Insider Buying and Selling

In other Procter & Gamble news, insider Susan Street Whaley sold 3,865 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the sale, the insider now directly owns 11,886 shares of the company’s stock, valued at approximately $1,908,891.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Procter & Gamble news, insider Susan Street Whaley sold 3,865 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the sale, the insider now directly owns 11,886 shares of the company’s stock, valued at approximately $1,908,891.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Shailesh Jejurikar sold 31,000 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $162.90, for a total transaction of $5,049,900.00. Following the completion of the sale, the chief operating officer now directly owns 9,739 shares in the company, valued at $1,586,483.10. The disclosure for this sale can be found here. Insiders sold a total of 86,865 shares of company stock worth $14,059,180 in the last three months. 0.17% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

NYSE:PG traded up $0.40 during mid-day trading on Wednesday, reaching $163.60. 3,367,222 shares of the company’s stock were exchanged, compared to its average volume of 6,896,681. The Procter & Gamble Company has a one year low of $141.45 and a one year high of $164.32. The firm has a market capitalization of $386.12 billion, a PE ratio of 26.65, a price-to-earnings-growth ratio of 3.28 and a beta of 0.44. The business’s fifty day simple moving average is $159.82 and its two-hundred day simple moving average is $153.91. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 0.69.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 19th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.42 by $0.10. The company had revenue of $20.20 billion during the quarter, compared to analysts’ expectations of $20.43 billion. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.37 EPS. Analysts anticipate that The Procter & Gamble Company will post 6.55 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 19th will be given a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a yield of 2.46%. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Thursday, April 18th. Procter & Gamble’s dividend payout ratio is currently 65.85%.

Procter & Gamble 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.