Lbmc Investment Advisors LLC Has $361,000 Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Lbmc Investment Advisors LLC raised its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 38.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,154 shares of the company’s stock after purchasing an additional 600 shares during the period. Lbmc Investment Advisors LLC’s holdings in Procter & Gamble were worth $361,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of PG. Arbor Trust Wealth Advisors LLC grew its stake in shares of Procter & Gamble by 0.9% during the fourth quarter. Arbor Trust Wealth Advisors LLC now owns 13,080 shares of the company’s stock worth $2,193,000 after purchasing an additional 119 shares during the period. Liberty One Investment Management LLC increased its stake in shares of Procter & Gamble by 1.5% in the 4th quarter. Liberty One Investment Management LLC now owns 176,257 shares of the company’s stock valued at $29,549,000 after acquiring an additional 2,600 shares during the last quarter. Kelly Financial Services LLC raised its position in shares of Procter & Gamble by 5.9% in the 4th quarter. Kelly Financial Services LLC now owns 1,589 shares of the company’s stock valued at $266,000 after acquiring an additional 89 shares during the period. Joule Financial LLC grew its holdings in Procter & Gamble by 1.8% during the fourth quarter. Joule Financial LLC now owns 5,845 shares of the company’s stock valued at $980,000 after purchasing an additional 106 shares during the period. Finally, Aaron Wealth Advisors LLC raised its holdings in Procter & Gamble by 7.8% in the fourth quarter. Aaron Wealth Advisors LLC now owns 16,346 shares of the company’s stock worth $2,740,000 after purchasing an additional 1,176 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.5 %

PG opened at $161.35 on Monday. The company has a market cap of $379.98 billion, a P/E ratio of 27.82, a PEG ratio of 3.41 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. The company’s 50 day moving average is $169.19 and its 200-day moving average is $169.42. The Procter & Gamble Company has a 1-year low of $146.28 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. The company had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company’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 earned $1.83 earnings per share. Equities research analysts predict that The Procter & Gamble Company will post 6.93 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be paid a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s payout ratio is 69.31%.

Insider Activity

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the sale, the chief executive officer now owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. This represents a 54.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total value of $2,163,072.00. Following the completion of the sale, the insider now directly owns 11,566 shares of the company’s stock, valued at $1,954,538.34. This trade represents a 52.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 75,439 shares of company stock valued at $13,317,460 over the last quarter. 0.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts recently commented on PG shares. Barclays dropped their price objective on Procter & Gamble from $163.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Friday. Morgan Stanley lifted their price objective on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $164.00 price target on shares of Procter & Gamble in a research note on Monday, October 21st. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $179.65.

About Procter & Gamble

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.