Procter & Gamble Co (NYSE:PG) CEO Ma. Fatima Francisco Sells 1,729 Shares of Stock

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Procter & Gamble Co (NYSE:PG) CEO Ma. Fatima Francisco sold 1,729 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $122.00, for a total transaction of $210,938.00. Following the sale, the chief executive officer now owns 6,856 shares in the company, valued at approximately $836,432. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE:PG opened at $122.72 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. The company has a market cap of $304.39 billion, a P/E ratio of 27.15, a P/E/G ratio of 3.31 and a beta of 0.40. Procter & Gamble Co has a fifty-two week low of $86.74 and a fifty-two week high of $125.77. The firm’s 50 day moving average is $121.01 and its two-hundred day moving average is $116.81.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $1.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.13. The company had revenue of $17.80 billion for the quarter, compared to the consensus estimate of $17.43 billion. Procter & Gamble had a net margin of 6.24% and a return on equity of 25.07%. Procter & Gamble’s revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.12 earnings per share. Research analysts forecast that Procter & Gamble Co will post 4.94 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, October 18th were paid a dividend of $0.7459 per share. This represents a $2.98 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date was Thursday, October 17th. Procter & Gamble’s dividend payout ratio is currently 65.93%.

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Procter & Gamble by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 218,459,217 shares of the company’s stock valued at $23,954,054,000 after acquiring an additional 3,786,962 shares during the period. BlackRock Inc. raised its stake in shares of Procter & Gamble by 1.5% in the 2nd quarter. BlackRock Inc. now owns 167,930,647 shares of the company’s stock valued at $18,413,594,000 after acquiring an additional 2,470,382 shares during the period. State Street Corp raised its stake in shares of Procter & Gamble by 1.4% in the 3rd quarter. State Street Corp now owns 118,454,191 shares of the company’s stock valued at $14,733,332,000 after acquiring an additional 1,585,813 shares during the period. Phocas Financial Corp. raised its stake in shares of Procter & Gamble by 999,937.0% in the 2nd quarter. Phocas Financial Corp. now owns 71,062,629 shares of the company’s stock valued at $77,920,000 after acquiring an additional 71,055,523 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Procter & Gamble by 0.9% in the 2nd quarter. Northern Trust Corp now owns 33,064,470 shares of the company’s stock valued at $3,625,519,000 after acquiring an additional 295,521 shares during the period. 62.75% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently issued reports on PG shares. Goldman Sachs Group restated a “buy” rating and set a $136.00 target price on shares of Procter & Gamble in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. raised their target price on shares of Procter & Gamble from $136.00 to $139.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Wells Fargo & Co raised their target price on shares of Procter & Gamble from $135.00 to $136.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Morgan Stanley raised their target price on shares of Procter & Gamble from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Finally, UBS Group raised their target price on shares of Procter & Gamble from $122.00 to $126.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $116.71.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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