Woodstock Corp Boosts Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Woodstock Corp grew its position in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,966 shares of the company’s stock after purchasing an additional 431 shares during the quarter. Procter & Gamble makes up about 1.7% of Woodstock Corp’s portfolio, making the stock its 17th biggest holding. Woodstock Corp’s holdings in Procter & Gamble were worth $12,423,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wescott Financial Advisory Group LLC increased its stake in shares of Procter & Gamble by 0.3% during the first quarter. Wescott Financial Advisory Group LLC now owns 22,385 shares of the company’s stock worth $3,420,000 after buying an additional 72 shares during the period. E Fund Management Co. Ltd. raised its holdings in Procter & Gamble by 1.6% in the third quarter. E Fund Management Co. Ltd. now owns 4,839 shares of the company’s stock valued at $611,000 after acquiring an additional 75 shares in the last quarter. Constitution Capital LLC raised its holdings in Procter & Gamble by 0.3% in the third quarter. Constitution Capital LLC now owns 27,562 shares of the company’s stock valued at $3,480,000 after acquiring an additional 75 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in Procter & Gamble by 0.9% in the third quarter. Wolff Wiese Magana LLC now owns 8,121 shares of the company’s stock valued at $1,025,000 after acquiring an additional 76 shares in the last quarter. Finally, USAdvisors Wealth Management LLC raised its holdings in Procter & Gamble by 2.4% in the third quarter. USAdvisors Wealth Management LLC now owns 3,188 shares of the company’s stock valued at $402,000 after acquiring an additional 76 shares in the last quarter. 62.13% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Susan Street Whaley sold 435 shares of the company’s stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $141.82, for a total value of $61,691.70. Following the completion of the transaction, the insider now owns 10,840 shares in the company, valued at approximately $1,537,328.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Procter & Gamble news, insider Susan Street Whaley sold 435 shares of the company’s stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $141.82, for a total value of $61,691.70. Following the transaction, the insider now directly owns 10,840 shares of the company’s stock, valued at approximately $1,537,328.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 2,151 shares of the company’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the sale, the chief executive officer now directly owns 226,748 shares in the company, valued at $31,141,570.32. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,766 shares of company stock worth $656,511. 0.26% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PG shares. Wells Fargo & Company cut their price objective on shares of Procter & Gamble from $168.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, January 20th. Raymond James raised their price objective on shares of Procter & Gamble from $165.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, January 13th. Stifel Nicolaus raised their price objective on shares of Procter & Gamble from $139.00 to $147.00 and gave the stock a “hold” rating in a report on Friday, January 20th. JPMorgan Chase & Co. raised shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $150.00 to $155.00 in a report on Friday, March 3rd. Finally, Citigroup assumed coverage on shares of Procter & Gamble in a report on Thursday, February 16th. They set a “buy” rating and a $160.00 price objective on the stock. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $155.67.

Procter & Gamble Stock Up 0.0 %

PG opened at $142.93 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.56 and a quick ratio of 0.37. The stock has a market capitalization of $337.19 billion, a price-to-earnings ratio of 25.08, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. The business has a 50-day moving average of $141.73 and a two-hundred day moving average of $140.63. The Procter & Gamble Company has a 12 month low of $122.18 and a 12 month high of $164.90.

Procter & Gamble (NYSE:PG – Get Rating) last posted its quarterly earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.58 by $0.01. The company had revenue of $20.77 billion during the quarter, compared to analysts’ expectations of $20.75 billion. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The firm’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. On average, research analysts expect that The Procter & Gamble Company will post 5.84 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. Stockholders of record on Friday, January 20th were issued a dividend of $0.9133 per share. This represents a $3.65 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend was Thursday, January 19th. Procter & Gamble’s payout ratio is currently 64.04%.

Procter & Gamble Profile

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.