Procter & Gamble Company (The) $PG Shares Sold by Morgan Dempsey Capital Management LLC

Morgan Dempsey Capital Management LLC reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,108 shares of the company’s stock after selling 3,356 shares during the quarter. Morgan Dempsey Capital Management LLC’s holdings in Procter & Gamble were worth $3,704,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Emprise Bank raised its holdings in Procter & Gamble by 2.5% in the third quarter. Emprise Bank now owns 2,766 shares of the company’s stock valued at $425,000 after acquiring an additional 68 shares in the last quarter. Affiance Financial LLC grew its holdings in Procter & Gamble by 2.5% during the 3rd quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock worth $431,000 after acquiring an additional 69 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of Procter & Gamble by 12.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock worth $99,000 after purchasing an additional 71 shares during the last quarter. Dominguez Wealth Management Solutions Inc. increased its position in shares of Procter & Gamble by 0.3% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock worth $3,144,000 after purchasing an additional 71 shares during the last quarter. Finally, Partners Wealth Management LLC raised its stake in shares of Procter & Gamble by 1.2% in the 3rd quarter. Partners Wealth Management LLC now owns 5,996 shares of the company’s stock valued at $921,000 after purchasing an additional 72 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 36,093 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the completion of the transaction, the chief executive officer owned 34,994 shares in the company, valued at approximately $5,680,576.02. This represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 348,618 shares of company stock valued at $55,462,643 over the last three months. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $152.07 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. The firm’s 50-day moving average price is $153.55 and its two-hundred day moving average price is $150.93. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $174.80. The stock has a market capitalization of $353.40 billion, a P/E ratio of 22.53, a P/E/G ratio of 5.04 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, January 23rd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.88 earnings per share. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio is presently 62.52%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on PG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. BNP Paribas Exane cut their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Finally, Rothschild & Co Redburn boosted their price target on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, January 23rd. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $168.33.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Pampers launched “Pampers AMORE” — positioned as a premium diaper with a “soft as cashmere” feel and upgraded performance. A successful premium rollout can support pricing power, margin expansion, and category leadership in baby care. Pampers Launches Pampers AMORE: The Brand’s Best Diaper Yet, Featuring a Soft as Cashmere Feel and Performance Without Compromise
• Positive Sentiment: Several bullish write-ups and inclusion in “top consumer staples” lists are increasing investor interest in PG’s defensive earnings profile and reliable cash flow, which can attract more inflows into the stock. The Top 2 Consumer Staples Stocks to Buy Right Now
• Positive Sentiment: Independent bullish analyses (summarized in recent articles) highlight PG’s steady margins, brand depth and dividend/cash-flow durability — reinforcing long-term investor conviction. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Zacks and other services note heightened retail/analyst attention on PG, which can raise short-term volume and volatility but doesn’t by itself change fundamentals. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: P&G announced a near-$1 billion investment to build a new Gillette headquarters and technical center in Boston. That consolidates R&D and operations (positive for long-term innovation and efficiency) but increases near-term capex and will be monitored for its impact on free cash flow. Procter & Gamble’s US$1b Gillette Bet And What It Means For PG

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.