CWS Financial Advisors LLC Increases Stake in The Procter & Gamble Company (NYSE:PG)

CWS Financial Advisors LLC raised its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,439 shares of the company’s stock after buying an additional 162 shares during the quarter. Procter & Gamble comprises about 0.9% of CWS Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. CWS Financial Advisors LLC’s holdings in Procter & Gamble were worth $2,501,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PG. Providence Wealth Advisors LLC boosted its stake in Procter & Gamble by 1.5% during the third quarter. Providence Wealth Advisors LLC now owns 9,571 shares of the company’s stock worth $1,619,000 after buying an additional 146 shares during the last quarter. Northwest & Ethical Investments L.P. boosted its position in shares of Procter & Gamble by 2.2% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 142,060 shares of the company’s stock valued at $24,605,000 after acquiring an additional 3,011 shares during the last quarter. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Procter & Gamble in the third quarter valued at about $794,000. Vinva Investment Management Ltd increased its position in Procter & Gamble by 37.5% during the third quarter. Vinva Investment Management Ltd now owns 109,702 shares of the company’s stock worth $19,039,000 after purchasing an additional 29,938 shares during the last quarter. Finally, Financial Counselors Inc. raised its stake in Procter & Gamble by 3.6% during the third quarter. Financial Counselors Inc. now owns 364,945 shares of the company’s stock worth $63,208,000 after purchasing an additional 12,717 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO R. Alexandra Keith sold 1,992 shares of Procter & Gamble stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total value of $338,640.00. Following the transaction, the chief executive officer now directly owns 13,783 shares in the company, valued at $2,343,110. This trade represents a 12.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the completion of the sale, the insider now owns 11,566 shares of the company’s stock, valued at $1,954,538.34. This trade represents a 52.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 35,233 shares of company stock worth $6,024,234 in the last ninety days. 0.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on PG shares. Dbs Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. DA Davidson upgraded Procter & Gamble from a “neutral” rating to a “buy” rating and lifted their target price for the company from $160.00 to $209.00 in a research report on Monday. Morgan Stanley increased their price target on Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. StockNews.com lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, Evercore ISI lifted their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average target price of $180.45.

Procter & Gamble Stock Up 0.0 %

PG stock opened at $179.36 on Friday. The company’s 50 day moving average price is $170.37 and its 200 day moving average price is $168.98. The firm has a market capitalization of $422.40 billion, a price-to-earnings ratio of 30.92, a PEG ratio of 3.86 and a beta of 0.42. The Procter & Gamble Company has a fifty-two week low of $142.50 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.03. The business had revenue of $21.74 billion for the quarter, compared to the consensus estimate of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.83 EPS. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, October 18th were given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend was Friday, October 18th. Procter & Gamble’s dividend payout ratio (DPR) is 69.48%.

Procter & Gamble Company Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company 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, SK-II, and Native brands.