Clarius Group LLC Has $3.51 Million Holdings in Procter & Gamble Company (The) (NYSE:PG)

Clarius Group LLC trimmed its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.0% in the first quarter, HoldingsChannel.com reports. The firm owned 20,573 shares of the company’s stock after selling 204 shares during the period. Clarius Group LLC’s holdings in Procter & Gamble were worth $3,506,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Cladis Investment Advisory LLC raised its stake in Procter & Gamble by 5.2% during the fourth quarter. Cladis Investment Advisory LLC now owns 4,807 shares of the company’s stock worth $806,000 after buying an additional 236 shares during the last quarter. FAS Wealth Partners Inc. raised its position in shares of Procter & Gamble by 2.0% in the 4th quarter. FAS Wealth Partners Inc. now owns 27,690 shares of the company’s stock worth $4,642,000 after acquiring an additional 549 shares in the last quarter. Berkshire Asset Management LLC PA lifted its stake in shares of Procter & Gamble by 0.9% in the 4th quarter. Berkshire Asset Management LLC PA now owns 236,616 shares of the company’s stock valued at $38,833,000 after purchasing an additional 2,179 shares during the period. Natural Investments LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at about $2,121,000. Finally, O Brien Greene & Co. Inc grew its stake in Procter & Gamble by 5.5% during the fourth quarter. O Brien Greene & Co. Inc now owns 3,085 shares of the company’s stock worth $517,000 after purchasing an additional 160 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Down 1.5%

Shares of NYSE:PG opened at $158.53 on Wednesday. The business’s 50 day moving average is $163.73 and its 200 day moving average is $166.46. Procter & Gamble Company has a 12-month low of $156.58 and a 12-month high of $180.43. The stock has a market cap of $371.67 billion, a price-to-earnings ratio of 25.16, a PEG ratio of 4.74 and a beta of 0.43. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The firm had revenue of $19.78 billion for the quarter, compared to the consensus estimate of $20.42 billion. During the same period in the previous year, the firm earned $1.52 EPS. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.67%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.01. The ex-dividend date was Monday, April 21st. Procter & Gamble’s dividend payout ratio is presently 67.14%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 10,520 shares of the company’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $158.67, for a total value of $1,669,208.40. Following the completion of the transaction, the insider now owns 25,182 shares in the company, valued at $3,995,627.94. This represents a 29.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of Procter & Gamble stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total value of $161,380.00. Following the sale, the chief executive officer now owns 51,965 shares in the company, valued at $8,386,111.70. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on PG shares. Raymond James Financial dropped their price target on Procter & Gamble from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Friday, April 25th. Citigroup dropped their target price on shares of Procter & Gamble from $200.00 to $181.00 and set a “buy” rating on the stock in a research report on Friday, April 25th. Royal Bank Of Canada upgraded shares of Procter & Gamble from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from $164.00 to $177.00 in a report on Friday, April 25th. Redburn Partners set a $161.00 price target on shares of Procter & Gamble in a research note on Thursday, May 1st. Finally, Erste Group Bank cut shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

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.