Safeguard Financial LLC Increases Position in The Procter & Gamble Company (NYSE:PG)

Safeguard Financial LLC raised its holdings in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 196.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,998 shares of the company’s stock after buying an additional 6,624 shares during the period. Procter & Gamble comprises approximately 1.1% of Safeguard Financial LLC’s investment portfolio, making the stock its 16th biggest position. Safeguard Financial LLC’s holdings in Procter & Gamble were worth $1,515,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PG. Legend Financial Advisors Inc. purchased a new position in shares of Procter & Gamble during the third quarter valued at approximately $30,000. Belmont Capital LLC boosted its holdings in shares of Procter & Gamble by 40.0% in the third quarter. Belmont Capital LLC now owns 385 shares of the company’s stock valued at $49,000 after purchasing an additional 110 shares during the period. Align Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $50,000. Horizons Wealth Management purchased a new stake in shares of Procter & Gamble in the second quarter valued at approximately $52,000. Finally, Newfound Research LLC boosted its holdings in shares of Procter & Gamble by 79.4% in the third quarter. Newfound Research LLC now owns 601 shares of the company’s stock valued at $76,000 after purchasing an additional 266 shares during the period. Hedge funds and other institutional investors own 62.13% of the company’s stock.

Insider Transactions at Procter & Gamble

In related news, insider Susan Street Whaley sold 435 shares of the company’s stock in a transaction 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Susan Street Whaley sold 435 shares of the company’s stock in a transaction 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 2,151 shares of the company’s stock in a transaction 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 completion of the transaction, 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. Over the last three months, insiders have sold 4,766 shares of company stock valued at $656,511. Corporate insiders own 0.26% of the company’s stock.

Procter & Gamble Stock Performance

Shares of PG stock opened at $142.93 on Friday. The business’s fifty day simple moving average is $141.73 and its 200-day simple moving average is $140.64. The company has a market cap of $337.19 billion, a PE ratio of 25.08, a PEG ratio of 3.99 and a beta of 0.40. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47. 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 issued its quarterly earnings results on Thursday, January 19th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The business had revenue of $20.77 billion for the quarter, compared to the consensus estimate of $20.75 billion. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The business’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.66 earnings per share. Analysts expect that The Procter & Gamble Company will post 5.84 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Stockholders of record on Friday, January 20th were given 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 was Thursday, January 19th. Procter & Gamble’s payout ratio is presently 64.04%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wolfe Research assumed coverage on Procter & Gamble in a report on Monday, November 21st. They issued an “outperform” rating and a $156.00 price target for the company. Deutsche Bank Aktiengesellschaft boosted their price target on Procter & Gamble from $156.00 to $162.00 and gave the company a “buy” rating in a report on Tuesday, December 6th. Raymond James boosted their price target on Procter & Gamble from $165.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, January 13th. Stifel Nicolaus boosted their price target on Procter & Gamble from $139.00 to $147.00 and gave the company a “hold” rating in a report on Friday, January 20th. Finally, Barclays reduced their price objective on shares of Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating for the company in a research note on Monday, January 23rd. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.67.

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.