Universal Beteiligungs und Servicegesellschaft mbH Boosts Position in Procter & Gamble Company (The) $PG

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 1.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,880,097 shares of the company’s stock after buying an additional 32,935 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Procter & Gamble were worth $271,058,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of PG. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $25,000. Maseco LLP purchased a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $28,000. Saranac Partners Ltd purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $30,000. Corundum Trust Company INC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $32,000. Finally, Caitlin John LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $162.28, for a total value of $2,461,625.32. Following the completion of the sale, the insider owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. The trade was a 25.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Susan Street Whaley sold 1,809 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total transaction of $288,463.14. Following the completion of the sale, the insider directly owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. The trade was a 5.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 348,618 shares of company stock worth $55,462,643 in the last 90 days. 0.20% of the stock is owned by insiders.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $142.48 on Wednesday. The firm has a market cap of $331.12 billion, a PE ratio of 21.11, a PEG ratio of 5.57 and a beta of 0.41. The firm has a fifty day moving average of $151.21 and a 200 day moving average of $148.78. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a one year low of $137.62 and a one year high of $170.99.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings results on Friday, January 23rd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.88 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.96 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, April 24th. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is presently 64.44%.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

Analysts Set New Price Targets

PG has been the subject of several recent research reports. TD Cowen cut their target price on shares of Procter & Gamble from $156.00 to $142.00 and set a “hold” rating for the company in a report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft cut their target price on shares of Procter & Gamble from $171.00 to $162.00 and set a “hold” rating for the company in a report on Monday, March 30th. UBS Group cut their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Barclays cut their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Finally, Royal Bank Of Canada cut their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a report on Thursday, April 9th. Twelve equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.79.

View Our Latest Report on Procter & Gamble

Procter & Gamble Company Profile

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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