The Procter & Gamble Company (NYSE:PG) Stake Raised by Mather Group LLC.

Mather Group LLC. increased its holdings in The Procter & Gamble Company (NYSE:PG) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,218 shares of the company’s stock after buying an additional 7,427 shares during the quarter. Mather Group LLC.’s holdings in Procter & Gamble were worth $28,369,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in PG. Newton One Investments LLC acquired a new stake in shares of Procter & Gamble in the 4th quarter worth approximately $145,000. Welch Group LLC increased its position in shares of Procter & Gamble by 0.7% during the 4th quarter. Welch Group LLC now owns 326,148 shares of the company’s stock valued at $54,496,000 after purchasing an additional 2,278 shares during the period. Brown Lisle Cummings Inc. lifted its holdings in shares of Procter & Gamble by 27.8% in the fourth quarter. Brown Lisle Cummings Inc. now owns 9,273 shares of the company’s stock valued at $1,555,000 after buying an additional 2,018 shares during the period. Commonwealth Financial Services LLC boosted its stake in Procter & Gamble by 3.2% during the fourth quarter. Commonwealth Financial Services LLC now owns 14,236 shares of the company’s stock valued at $2,387,000 after buying an additional 444 shares in the last quarter. Finally, Sloy Dahl & Holst LLC grew its holdings in Procter & Gamble by 22.4% during the fourth quarter. Sloy Dahl & Holst LLC now owns 1,695 shares of the company’s stock worth $284,000 after acquiring an additional 310 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.4 %

Shares of NYSE PG opened at $168.16 on Wednesday. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average of $168.17 and a two-hundred day moving average of $169.41. The company has a market cap of $394.32 billion, a PE ratio of 26.78, a P/E/G ratio of 3.73 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.84 EPS. As a group, equities analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a dividend of $1.0065 per share. The ex-dividend date is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.39%. Procter & Gamble’s payout ratio is presently 64.17%.

Wall Street Analyst Weigh In

PG has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their price target on Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Wells Fargo & Company lifted their target price on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. UBS Group lowered their price objective on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $164.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $180.53.

Insider Activity

In related news, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the sale, the insider now owns 172,814 shares in the company, valued at approximately $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $172.73, for a total value of $2,210,944.00. Following the transaction, the insider now owns 11,595 shares in the company, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 151,097 shares of company stock valued at $25,635,076. 0.18% of the stock is currently owned by insiders.

Procter & Gamble Company 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.