M Holdings Securities Inc. Makes New Investment in Procter & Gamble Company (The) $PG

M Holdings Securities Inc. bought a new stake in Procter & Gamble Company (The) (NYSE:PG) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 72,671 shares of the company’s stock, valued at approximately $11,166,000. Procter & Gamble makes up approximately 2.4% of M Holdings Securities Inc.’s holdings, making the stock its 8th largest holding.

Several other institutional investors have also modified their holdings of PG. Vanguard Group Inc. increased its stake in Procter & Gamble by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after purchasing an additional 1,419,322 shares in the last quarter. Norges Bank acquired a new position in Procter & Gamble during the second quarter worth $5,099,644,000. Franklin Resources Inc. boosted its position in Procter & Gamble by 8.3% during the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Procter & Gamble by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 17,385,571 shares of the company’s stock valued at $2,770,035,000 after purchasing an additional 294,673 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in Procter & Gamble by 1.2% in the third quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock valued at $2,543,839,000 after purchasing an additional 189,968 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other news, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the sale, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer directly owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 348,618 shares of company stock valued at $55,462,643. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $150.57 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $174.80. The business has a fifty day moving average of $153.32 and a 200-day moving average of $151.03. The stock has a market cap of $349.91 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 5.03 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, January 23rd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.88 earnings per share. As a group, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.52%.

Analyst Ratings Changes

Several research firms have recently issued reports on PG. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Wells Fargo & Company reissued an “overweight” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Tuesday, February 17th. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and raised their target price for the company from $157.00 to $165.00 in a report on Friday, January 23rd. Barclays set a $155.00 target price on shares of Procter & Gamble in a research report on Friday, January 16th. Finally, BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus target price of $168.33.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.