Talbot Financial LLC Acquires 1,203 Shares of The Procter & Gamble Company (NYSE:PG)

Talbot Financial LLC raised its holdings in The Procter & Gamble Company (NYSE:PG) by 1.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 69,780 shares of the company’s stock after purchasing an additional 1,203 shares during the period. Procter & Gamble comprises about 1.4% of Talbot Financial LLC’s holdings, making the stock its 29th largest holding. Talbot Financial LLC’s holdings in Procter & Gamble were worth $11,699,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Acorn Creek Capital LLC raised its holdings in shares of Procter & Gamble by 2.8% in the third quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company’s stock valued at $376,000 after purchasing an additional 59 shares during the last quarter. Patrick M Sweeney & Associates Inc. increased its holdings in Procter & Gamble by 1.1% during the third quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company’s stock worth $963,000 after buying an additional 59 shares during the last quarter. Traveka Wealth LLC increased its holdings in Procter & Gamble by 1.7% during the third quarter. Traveka Wealth LLC now owns 3,554 shares of the company’s stock worth $616,000 after buying an additional 60 shares during the last quarter. Allen Mooney & Barnes Investment Advisors LLC increased its holdings in Procter & Gamble by 0.7% during the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,699 shares of the company’s stock worth $1,507,000 after buying an additional 61 shares during the last quarter. Finally, Valued Wealth Advisors LLC increased its holdings in Procter & Gamble by 11.2% during the third quarter. Valued Wealth Advisors LLC now owns 605 shares of the company’s stock worth $105,000 after buying an additional 61 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PG has been the subject of a number of analyst reports. Barclays lowered shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 price objective for the company. in a research report on Monday, September 30th. Morgan Stanley raised their price objective on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. DA Davidson restated a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a research report on Friday, December 27th. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a 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. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $179.75.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble 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 transaction of $338,640.00. Following the completion of the transaction, the chief executive officer now directly owns 13,783 shares of the company’s stock, valued at $2,343,110. The trade was a 12.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 75,439 shares of company stock valued at $13,317,460 in the last three months. 0.18% of the stock is currently owned by corporate insiders.

Procter & Gamble Trading Up 0.5 %

Procter & Gamble stock traded up $0.82 during mid-day trading on Monday, reaching $159.38. 3,470,390 shares of the company traded hands, compared to its average volume of 6,369,470. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The firm’s 50 day moving average price is $169.64 and its 200 day moving average price is $169.61. The firm has a market capitalization of $375.35 billion, a price-to-earnings ratio of 27.48, a P/E/G ratio of 3.70 and a beta of 0.45. The Procter & Gamble Company has a 52-week low of $146.28 and a 52-week high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 earnings per share (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 net margin of 17.07% and a return on equity of 33.25%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.83 EPS. On average, analysts anticipate that The Procter & Gamble Company will post 6.94 earnings per share for the current fiscal year.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.