S.A. Mason LLC Boosts Stock Holdings in The Procter & Gamble Company (NYSE:PG)

S.A. Mason LLC boosted its stake in The Procter & Gamble Company (NYSE:PG) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,201 shares of the company’s stock after purchasing an additional 105 shares during the quarter. Procter & Gamble comprises approximately 1.3% of S.A. Mason LLC’s holdings, making the stock its 13th largest holding. S.A. Mason LLC’s holdings in Procter & Gamble were worth $2,381,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AMF Tjanstepension AB boosted its holdings in shares of Procter & Gamble by 416.1% in the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after purchasing an additional 1,466,115 shares during the period. Czech National Bank grew its holdings in Procter & Gamble by 6.6% during the 3rd quarter. Czech National Bank now owns 479,545 shares of the company’s stock valued at $83,057,000 after purchasing an additional 29,799 shares during the last quarter. GAMMA Investing LLC raised its position in Procter & Gamble by 32.3% in the 3rd quarter. GAMMA Investing LLC now owns 35,455 shares of the company’s stock worth $6,141,000 after purchasing an additional 8,652 shares during the period. WealthBridge Capital Management LLC raised its holdings in shares of Procter & Gamble by 5.5% in the third quarter. WealthBridge Capital Management LLC now owns 8,821 shares of the company’s stock worth $1,528,000 after buying an additional 460 shares during the period. Finally, Azzad Asset Management Inc. ADV increased its stake in Procter & Gamble by 0.9% in the third quarter. Azzad Asset Management Inc. ADV now owns 54,693 shares of the company’s stock worth $9,473,000 after purchasing an additional 492 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on PG shares. Stifel Nicolaus lifted their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. decreased their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. UBS Group cut their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Finally, Barclays raised their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $180.53.

Procter & Gamble Trading Up 1.8 %

PG opened at $168.90 on Tuesday. The business has a fifty day moving average price of $168.34 and a 200 day moving average price of $169.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a 12 month low of $153.52 and a 12 month high of $180.43. The stock has a market capitalization of $396.05 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 3.73 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter in the previous year, the firm posted $1.84 earnings per share. The company’s revenue was up 2.1% compared to the same quarter last year. Sell-side analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.38%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.17%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value 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 approximately $7,189,463.68. The trade was a 54.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the completion of the sale, the insider now owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. The trade was a 52.47 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,097 shares of company stock valued at $25,635,076. 0.18% of the stock is currently owned by insiders.

Procter & Gamble Profile

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.