The Procter & Gamble Company (NYSE:PG) Shares Acquired by Charles Schwab Investment Advisory Inc.

Charles Schwab Investment Advisory Inc. lifted its position in shares of The Procter & Gamble Company (NYSE:PG) by 12.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,246 shares of the company’s stock after purchasing an additional 247 shares during the period. Charles Schwab Investment Advisory Inc.’s holdings in Procter & Gamble were worth $364,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Procter & Gamble by 9.7% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 6,161,507 shares of the company’s stock valued at $999,705,000 after acquiring an additional 545,601 shares during the period. Angeles Wealth Management LLC increased its position in Procter & Gamble by 32.2% in the 1st quarter. Angeles Wealth Management LLC now owns 4,869 shares of the company’s stock valued at $790,000 after acquiring an additional 1,186 shares during the period. State Board of Administration of Florida Retirement System increased its position in Procter & Gamble by 5.2% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 2,613,856 shares of the company’s stock valued at $388,654,000 after acquiring an additional 129,170 shares during the period. TD Asset Management Inc increased its position in Procter & Gamble by 114.9% in the 1st quarter. TD Asset Management Inc now owns 3,568,671 shares of the company’s stock valued at $579,017,000 after acquiring an additional 1,907,716 shares during the period. Finally, Pettyjohn Wood & White Inc. increased its position in Procter & Gamble by 0.5% in the 1st quarter. Pettyjohn Wood & White Inc. now owns 87,808 shares of the company’s stock valued at $14,247,000 after acquiring an additional 456 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.6 %

PG traded down $1.01 during trading on Thursday, hitting $168.43. The company’s stock had a trading volume of 5,923,725 shares, compared to its average volume of 6,507,198. The stock has a market cap of $397.52 billion, a PE ratio of 27.76, a PEG ratio of 3.20 and a beta of 0.41. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.69 and a quick ratio of 0.48. The firm’s 50 day moving average price is $166.23 and its 200-day moving average price is $160.62. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $170.92.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 19th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. The business had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The business’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.37 EPS. On average, analysts expect that The Procter & Gamble Company will post 6.55 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Friday, July 19th will be issued a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, July 19th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.39%. Procter & Gamble’s payout ratio is 65.85%.

Wall Street Analyst Weigh In

PG has been the topic of several recent analyst reports. Jefferies Financial Group boosted their target price on Procter & Gamble from $175.00 to $182.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. StockNews.com cut Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday. Barclays boosted their target price on Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on Procter & Gamble from $171.00 to $176.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Citigroup boosted their target price on Procter & Gamble from $177.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, July 10th. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $172.55.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $166.95, for a total value of $5,329,711.80. Following the transaction, the chief executive officer now directly owns 19,042 shares of the company’s stock, valued at $3,179,061.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $166.95, for a total value of $5,329,711.80. Following the transaction, the chief executive officer now directly owns 19,042 shares of the company’s stock, valued at $3,179,061.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Moses Victor Javier Aguilar sold 9,149 shares of the firm’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $167.72, for a total value of $1,534,470.28. Following the completion of the transaction, the insider now directly owns 12,929 shares in the company, valued at $2,168,451.88. The disclosure for this sale can be found here. Insiders sold a total of 154,544 shares of company stock worth $25,413,051 in the last ninety days. Insiders own 0.17% of the company’s stock.

About Procter & Gamble

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.