The Procter & Gamble Company (NYSE:PG) is Kapstone Financial Advisors LLC’s 5th Largest Position

Kapstone Financial Advisors LLC decreased its position in shares of The Procter & Gamble Company (NYSE:PG) by 4.6% during the second quarter, Holdings Channel reports. The fund owned 33,358 shares of the company’s stock after selling 1,615 shares during the period. Procter & Gamble makes up about 3.6% of Kapstone Financial Advisors LLC’s holdings, making the stock its 5th biggest holding. Kapstone Financial Advisors LLC’s holdings in Procter & Gamble were worth $5,501,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Advantage Trust Co bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $28,000. Transcendent Capital Group LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter valued at about $31,000. Ruedi Wealth Management Inc. grew its position in Procter & Gamble by 64.7% in the 1st quarter. Ruedi Wealth Management Inc. now owns 196 shares of the company’s stock worth $32,000 after purchasing an additional 77 shares during the period. POM Investment Strategies LLC purchased a new stake in Procter & Gamble during the 2nd quarter valued at $34,000. Finally, Vima LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.2 %

Shares of NYSE PG traded up $0.39 during trading hours on Thursday, hitting $176.29. 181,314 shares of the company traded hands, compared to its average volume of 6,561,541. The stock has a market capitalization of $416.07 billion, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 3.72 and a beta of 0.41. The company’s 50 day moving average price is $167.87 and its 200 day moving average price is $164.45. The Procter & Gamble Company has a 12 month low of $141.45 and a 12 month high of $176.29. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.51.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, July 30th. The company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The business had revenue of $20.53 billion for the quarter, compared to analysts’ expectations of $20.69 billion. During the same quarter in the previous year, the business posted $1.37 earnings per share. The business’s revenue was down .1% compared to the same quarter last year. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.97 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Friday, July 19th were given a dividend of $1.0065 per share. The ex-dividend date was Friday, July 19th. This represents a $4.03 annualized dividend and a dividend yield of 2.28%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.85%.

Insider Transactions at Procter & Gamble

In related news, CFO Andre Schulten sold 13,041 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $170.00, for a total transaction of $2,216,970.00. Following the completion of the transaction, the chief financial officer now owns 37,208 shares in the company, valued at approximately $6,325,360. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Susan Street Whaley sold 450 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $169.22, for a total transaction of $76,149.00. Following the completion of the transaction, the insider now owns 13,072 shares in the company, valued at approximately $2,212,043.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Andre Schulten sold 13,041 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $170.00, for a total transaction of $2,216,970.00. Following the completion of the sale, the chief financial officer now owns 37,208 shares of the company’s stock, valued at $6,325,360. The disclosure for this sale can be found here. Over the last three months, insiders have sold 375,553 shares of company stock worth $63,829,141. 0.17% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on PG. Jefferies Financial Group cut Procter & Gamble from a “buy” rating to a “hold” rating and reduced their price objective for the company from $182.00 to $175.00 in a research report on Wednesday, July 24th. BNP Paribas initiated coverage on shares of Procter & Gamble in a research note on Monday, June 24th. They issued an “outperform” rating and a $187.00 price objective on the stock. StockNews.com downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Dbs Bank lowered Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, DZ Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a report on Thursday, August 29th. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.79.

Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.