The Procter & Gamble Company (NYSE:PG) Shares Sold by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC trimmed its position in The Procter & Gamble Company (NYSE:PG) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,904 shares of the company’s stock after selling 563 shares during the quarter. The Procter & Gamble comprises approximately 3.2% of Atlas Capital Advisors LLC’s holdings, making the stock its 3rd largest position. Atlas Capital Advisors LLC’s holdings in The Procter & Gamble were worth $13,330,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Capital Planning Advisors LLC increased its holdings in The Procter & Gamble by 2.7% in the 2nd quarter. Capital Planning Advisors LLC now owns 2,973 shares of the company’s stock valued at $355,000 after buying an additional 77 shares during the period. Mosaic Family Wealth LLC increased its holdings in The Procter & Gamble by 1.1% in the 3rd quarter. Mosaic Family Wealth LLC now owns 6,882 shares of the company’s stock valued at $957,000 after buying an additional 78 shares during the period. MPS Loria Financial Planners LLC increased its holdings in The Procter & Gamble by 2.6% in the 3rd quarter. MPS Loria Financial Planners LLC now owns 3,133 shares of the company’s stock valued at $435,000 after buying an additional 79 shares during the period. Cadinha & Co. LLC increased its holdings in The Procter & Gamble by 1.4% in the 2nd quarter. Cadinha & Co. LLC now owns 5,606 shares of the company’s stock valued at $670,000 after buying an additional 80 shares during the period. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its holdings in The Procter & Gamble by 0.5% in the 2nd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 16,728 shares of the company’s stock valued at $2,000,000 after buying an additional 80 shares during the period. Institutional investors and hedge funds own 62.81% of the company’s stock.

Several research firms have recently weighed in on PG. Smith Barney Citigroup upped their target price on shares of The Procter & Gamble from $159.00 to $165.00 in a report on Wednesday, October 21st. SunTrust Banks upped their target price on shares of The Procter & Gamble from $115.00 to $120.00 in a report on Wednesday, July 22nd. Morgan Stanley upped their target price on shares of The Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Jefferies Financial Group upped their target price on shares of The Procter & Gamble from $153.00 to $166.00 and gave the stock a “buy” rating in a report on Monday, October 12th. Finally, Royal Bank of Canada reaffirmed a “neutral” rating and issued a $128.00 target price on shares of The Procter & Gamble in a report on Tuesday, October 20th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $144.50.

The Procter & Gamble stock opened at $141.49 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 0.51. The Procter & Gamble Company has a 1 year low of $94.34 and a 1 year high of $145.87. The company has a market cap of $354.47 billion, a PE ratio of 27.22, a PEG ratio of 3.53 and a beta of 0.43. The company’s 50-day moving average is $139.55 and its two-hundred day moving average is $126.65.

The Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, October 20th. The company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.21. The Procter & Gamble had a net margin of 18.36% and a return on equity of 29.53%. The company had revenue of $19.32 billion for the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the company posted $1.37 EPS. The company’s revenue was up 8.5% compared to the same quarter last year. Research analysts forecast that The Procter & Gamble Company will post 5.45 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a dividend of $0.7907 per share. The ex-dividend date of this dividend is Thursday, October 22nd. This represents a $3.16 dividend on an annualized basis and a yield of 2.24%. The Procter & Gamble’s payout ratio is presently 61.72%.

In related news, VP Valarie L. Sheppard sold 4,688 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $138.28, for a total value of $648,256.64. Following the sale, the vice president now directly owns 26,704 shares in the company, valued at approximately $3,692,629.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO R. Alexandra Keith sold 99,243 shares of the stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $143.80, for a total transaction of $14,271,143.40. Following the completion of the sale, the chief executive officer now owns 72,960 shares in the company, valued at $10,491,648. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 372,000 shares of company stock worth $51,009,517. Corporate insiders own 0.70% of the company’s stock.

About The Procter & Gamble

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.

Featured Story: Liquidity

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Procter & Gamble Company (NYSE:PG).

Institutional Ownership by Quarter for The Procter & Gamble (NYSE:PG)

Receive News & Ratings for The Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.