The Procter & Gamble Company (NYSE:PG) Stake Boosted by Atlas Brown Inc.

Atlas Brown Inc. increased its position in The Procter & Gamble Company (NYSE:PG) by 0.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 32,317 shares of the company’s stock after buying an additional 202 shares during the period. Procter & Gamble comprises approximately 1.9% of Atlas Brown Inc.’s holdings, making the stock its 8th largest position. Atlas Brown Inc.’s holdings in Procter & Gamble were worth $5,418,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Fiera Capital Corp raised its stake in Procter & Gamble by 1,135.1% during the second quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock valued at $3,412,000 after purchasing an additional 19,013 shares in the last quarter. Quest Partners LLC bought a new position in shares of Procter & Gamble in the 2nd quarter valued at about $36,000. Fortune Financial Advisors LLC grew its position in Procter & Gamble by 5.5% in the second quarter. Fortune Financial Advisors LLC now owns 41,885 shares of the company’s stock worth $6,908,000 after acquiring an additional 2,192 shares in the last quarter. Cibc World Market Inc. raised its position in Procter & Gamble by 234.3% during the second quarter. Cibc World Market Inc. now owns 1,143,286 shares of the company’s stock valued at $188,551,000 after purchasing an additional 801,263 shares during the period. Finally, Jupiter Asset Management Ltd. lifted its stake in shares of Procter & Gamble by 368.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 64,259 shares of the company’s stock valued at $10,598,000 after purchasing an additional 50,540 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 2.4 %

PG stock traded down $3.83 during midday trading on Friday, hitting $158.27. 5,430,282 shares of the company’s stock were exchanged, compared to its average volume of 6,262,135. The Procter & Gamble Company has a 1-year low of $146.28 and a 1-year high of $180.43. The business has a 50-day simple moving average of $169.77 and a two-hundred day simple moving average of $169.64. The stock has a market capitalization of $372.73 billion, a PE ratio of 27.29, a P/E/G ratio of 3.70 and a beta of 0.45. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.90 by $0.03. The firm had revenue of $21.74 billion for the quarter, compared to analyst estimates of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The business’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.83 EPS. On average, sell-side analysts predict that The Procter & Gamble Company will post 6.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PG. Evercore ISI boosted their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Royal Bank of Canada restated a “sector perform” rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Monday, October 21st. DA Davidson reiterated a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a report on Friday, December 27th. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Morgan Stanley increased their price target on Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Eight equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $179.75.

Insider Activity

In other Procter & Gamble news, CEO R. Alexandra Keith sold 1,992 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total transaction of $338,640.00. Following the sale, the chief executive officer now owns 13,783 shares of the company’s stock, valued at approximately $2,343,110. This trade represents a 12.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the completion of the sale, the insider now directly owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 75,439 shares of company stock worth $13,317,460. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Profile

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