Vigilare Wealth Management Sells 189 Shares of The Procter & Gamble Company (NYSE:PG)

Vigilare Wealth Management trimmed its position in The Procter & Gamble Company (NYSE:PGGet Rating) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,334 shares of the company’s stock after selling 189 shares during the quarter. Procter & Gamble comprises about 0.9% of Vigilare Wealth Management’s investment portfolio, making the stock its 19th biggest position. Vigilare Wealth Management’s holdings in Procter & Gamble were worth $1,566,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PG. Legend Financial Advisors Inc. bought a new stake in Procter & Gamble during the third quarter worth approximately $30,000. Horizons Wealth Management bought a new stake in Procter & Gamble during the second quarter worth approximately $52,000. Belmont Capital LLC increased its stake in Procter & Gamble by 40.0% during the third quarter. Belmont Capital LLC now owns 385 shares of the company’s stock worth $49,000 after acquiring an additional 110 shares during the last quarter. Align Wealth Management LLC bought a new stake in Procter & Gamble during the fourth quarter worth approximately $50,000. Finally, New Millennium Group LLC bought a new stake in Procter & Gamble during the second quarter worth approximately $81,000. 62.13% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 0.0 %

Shares of NYSE PG opened at $142.93 on Friday. The firm has a market capitalization of $337.19 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 3.99 and a beta of 0.40. The Procter & Gamble Company has a 52-week low of $122.18 and a 52-week high of $164.90. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.37 and a current ratio of 0.56. The stock has a 50 day moving average price of $141.73 and a 200 day moving average price of $140.64.

Procter & Gamble (NYSE:PGGet Rating) last issued its quarterly earnings data on Thursday, January 19th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 17.79% and a return on equity of 32.03%. Procter & Gamble’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.66 earnings per share. Sell-side analysts expect that The Procter & Gamble Company will post 5.84 earnings per share for the current 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%.

Insider Transactions at Procter & Gamble

In other 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 transaction of $61,691.70. Following the transaction, the insider now directly owns 10,840 shares of the company’s stock, valued at $1,537,328.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other 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 transaction of $61,691.70. Following the transaction, the insider now directly owns 10,840 shares of the company’s stock, valued at $1,537,328.80. The sale was disclosed in a legal 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 on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $295,418.34. Following 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.

Wall Street Analyst Weigh In

PG has been the topic of several analyst reports. Raymond James boosted their price objective on Procter & Gamble from $165.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, January 13th. JPMorgan Chase & Co. raised Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $150.00 to $155.00 in a research note on Friday, March 3rd. UBS Group raised Procter & Gamble from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $157.00 to $163.00 in a research note on Wednesday, March 1st. Stifel Nicolaus boosted their target price on Procter & Gamble from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Friday, January 20th. Finally, Wells Fargo & Company dropped their target price on Procter & Gamble from $168.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, January 20th. Four research 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.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $155.67.

Procter & Gamble Profile

(Get Rating)

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.

See Also

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

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