Compton Financial Group LLC boosted its stake in shares of The Procter & Gamble Company (NYSE:PG – Free Report) by 15.9% during the fourth quarter, Holdings Channel reports. The firm owned 2,201 shares of the company’s stock after purchasing an additional 302 shares during the quarter. Procter & Gamble comprises about 0.1% of Compton Financial Group LLC’s holdings, making the stock its 24th biggest position. Compton Financial Group LLC’s holdings in Procter & Gamble were worth $369,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AMF Tjanstepension AB raised its position in Procter & Gamble by 416.1% in the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after acquiring an additional 1,466,115 shares during the period. Creative Planning increased 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 worth $241,344,000 after purchasing an additional 47,551 shares in the last quarter. Swedbank AB lifted its position in Procter & Gamble by 3.9% during the third 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 in the last quarter. Howard Capital Management Group LLC grew its holdings in Procter & Gamble by 1.0% during the third quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company’s stock valued at $1,442,000 after purchasing an additional 82 shares during the period. Finally, Aaron Wealth Advisors LLC increased its position in Procter & Gamble by 8.1% in the third quarter. Aaron Wealth Advisors LLC now owns 15,170 shares of the company’s stock worth $2,627,000 after buying an additional 1,135 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Insider Transactions at Procter & Gamble
In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the sale, the chief executive officer now owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,097 shares of company stock valued at $25,635,076. 0.18% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on PG
Procter & Gamble Stock Performance
NYSE PG opened at $162.84 on Friday. The business’s 50 day moving average price is $166.51 and its 200-day moving average price is $169.40. The company has a market cap of $381.84 billion, a P/E ratio of 25.93, a P/E/G ratio of 3.79 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.84 EPS. Sell-side analysts predict that The Procter & Gamble Company will post 6.91 earnings per share for the current year.
Procter & Gamble Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be paid 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 2.47%. Procter & Gamble’s dividend payout ratio is currently 64.17%.
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.
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