Autumn Glory Partners LLC Has $1.24 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Autumn Glory Partners LLC decreased its position in shares of The Procter & Gamble Company (NYSE:PG) by 27.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,386 shares of the company’s stock after selling 2,855 shares during the quarter. Autumn Glory Partners LLC’s holdings in Procter & Gamble were worth $1,238,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PG. AMF Tjanstepension AB lifted its holdings in Procter & Gamble by 416.1% during the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after buying an additional 1,466,115 shares in the last quarter. Creative Planning lifted its stake in shares of Procter & Gamble by 3.5% in the 3rd quarter. Creative Planning now owns 1,393,443 shares of the company’s stock valued at $241,344,000 after purchasing an additional 47,551 shares during the period. Swedbank AB lifted its stake in shares of Procter & Gamble by 3.9% in the 3rd quarter. Swedbank AB now owns 1,503,647 shares of the company’s stock valued at $260,432,000 after purchasing an additional 56,583 shares during the period. Greenup Street Wealth Management LLC lifted its stake in shares of Procter & Gamble by 5.4% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 1,689 shares of the company’s stock valued at $293,000 after purchasing an additional 87 shares during the period. Finally, Bleakley Financial Group LLC lifted its stake in shares of Procter & Gamble by 1.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 83,816 shares of the company’s stock valued at $14,517,000 after purchasing an additional 1,218 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In related news, 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 value of $2,210,944.00. Following the completion of the sale, the insider now directly owns 11,595 shares in the company, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the sale, the insider now owns 172,814 shares of the company’s stock, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 151,097 shares of company stock worth $25,635,076 in the last three months. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of analyst reports. Barclays increased their price target on Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research note on Thursday, January 23rd. UBS Group cut their price target on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company upped their price objective 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. Evercore ISI upped their price objective 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. Finally, JPMorgan Chase & Co. lowered their price objective 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. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Trading Down 4.8 %

Procter & Gamble stock opened at $162.84 on Friday. The firm has a 50-day moving average of $166.73 and a 200-day moving average of $169.45. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. 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 company has a market cap of $381.84 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 3.79 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data 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 company had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same period in the prior year, the business posted $1.84 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be paid a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.47%. Procter & Gamble’s dividend payout ratio is 64.17%.

Procter & Gamble Company 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.