The Procter & Gamble Company (NYSE:PG) Shares Purchased by Fulcrum Equity Management

Fulcrum Equity Management raised its stake in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,711 shares of the company’s stock after buying an additional 95 shares during the quarter. Fulcrum Equity Management’s holdings in Procter & Gamble were worth $259,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Legend Financial Advisors Inc. purchased a new position in shares of Procter & Gamble during the 3rd quarter worth $30,000. Belmont Capital LLC lifted its stake in shares of Procter & Gamble by 40.0% during the 3rd quarter. Belmont Capital LLC now owns 385 shares of the company’s stock worth $49,000 after purchasing an additional 110 shares during the period. Align Wealth Management LLC purchased a new position in shares of Procter & Gamble during the 4th quarter worth $50,000. Horizons Wealth Management purchased a new position in shares of Procter & Gamble during the 2nd quarter worth $52,000. Finally, Newfound Research LLC lifted its stake in shares of Procter & Gamble by 79.4% during the 3rd quarter. Newfound Research LLC now owns 601 shares of the company’s stock worth $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.

Procter & Gamble Stock Up 0.0 %

Shares of Procter & Gamble stock opened at $142.93 on Friday. The business has a 50-day moving average of $141.73 and a 200-day moving average of $140.64. 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 company has a market capitalization of $337.19 billion, a PE ratio of 25.08, a P/E/G ratio of 3.99 and a beta of 0.40. The Procter & Gamble Company has a 1-year low of $122.18 and a 1-year high of $164.90.

Procter & Gamble (NYSE:PG – Get Rating) last announced its earnings results on Thursday, January 19th. The company reported $1.59 earnings per share 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 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 company’s revenue was down .9% on a year-over-year basis. During the same period last year, the firm earned $1.66 earnings per share. As a group, equities analysts forecast that The Procter & Gamble Company will post 5.84 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 709 shares of Procter & Gamble stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the completion of the transaction, the insider now directly owns 10,198 shares in the company, valued at $1,400,593.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Susan Street Whaley sold 709 shares of Procter & Gamble stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the completion of the transaction, the insider now directly owns 10,198 shares in the company, valued at $1,400,593.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jon R. Moeller sold 2,151 shares of Procter & Gamble stock in a transaction dated Wednesday, March 1st. The stock was 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 owns 226,748 shares of the company’s stock, valued at $31,141,570.32. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,766 shares of company stock worth $656,511. Corporate insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Raymond James increased their price target on Procter & Gamble from $165.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, January 13th. Citigroup initiated coverage on Procter & Gamble in a research report on Thursday, February 16th. They issued a “buy” rating and a $160.00 target price on the stock. Jefferies Financial Group increased their target price on Procter & Gamble from $149.00 to $164.00 in a research report on Tuesday, November 22nd. Stifel Nicolaus increased their target price on Procter & Gamble from $139.00 to $147.00 and gave the stock a “hold” rating in a research report on Friday, January 20th. Finally, Barclays cut their target price on Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating on the stock in a research report on Monday, January 23rd. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average 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.