Sanctuary Advisors LLC Has $77.13 Million Stake in The Procter & Gamble Company (NYSE:PG)

Sanctuary Advisors LLC decreased its stake in The Procter & Gamble Company (NYSE:PG) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 460,712 shares of the company’s stock after selling 2,776 shares during the quarter. Sanctuary Advisors LLC’s holdings in Procter & Gamble were worth $77,128,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. boosted its stake in Procter & Gamble by 0.3% in the 4th quarter. Principal Financial Group Inc. now owns 4,747,160 shares of the company’s stock valued at $795,861,000 after buying an additional 12,572 shares in the last quarter. Total Investment Management Inc. boosted its stake in Procter & Gamble by 8.7% in the 4th quarter. Total Investment Management Inc. now owns 2,929 shares of the company’s stock valued at $491,000 after buying an additional 234 shares in the last quarter. Americana Partners LLC boosted its stake in Procter & Gamble by 4.8% in the fourth quarter. Americana Partners LLC now owns 50,410 shares of the company’s stock worth $8,451,000 after purchasing an additional 2,289 shares in the last quarter. Opus Capital Group LLC boosted its stake in Procter & Gamble by 2.5% in the fourth quarter. Opus Capital Group LLC now owns 118,984 shares of the company’s stock worth $19,948,000 after purchasing an additional 2,887 shares in the last quarter. Finally, Capital Performance Advisors LLP boosted its stake in Procter & Gamble by 14.0% in the fourth quarter. Capital Performance Advisors LLP now owns 1,767 shares of the company’s stock worth $296,000 after purchasing an additional 217 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 4.8 %

NYSE PG opened at $162.84 on Monday. The stock has a 50-day simple moving average of $166.51 and a 200 day simple moving average of $169.46. The company has a market capitalization of $381.84 billion, a PE ratio of 25.93, a P/E/G ratio of 3.79 and a beta of 0.45. 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 Procter & Gamble Company has a 12 month low of $153.52 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The company had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same period in the prior year, the company earned $1.84 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Research analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be issued a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.47%. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.17%.

Analyst Ratings Changes

PG has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price objective on Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research note on Monday, October 21st. Royal Bank of Canada reissued a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. Barclays boosted their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 23rd. UBS Group reduced their price objective on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Finally, Evercore ISI upped their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $180.53.

Insiders Place Their Bets

In other news, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the completion of the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This represents a 54.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of the company’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 directly owns 11,595 shares of the company’s stock, valued at $2,002,804.35. This represents a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,097 shares of company stock worth $25,635,076 over the last ninety days. 0.18% of the stock is currently owned by corporate insiders.

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.