Tudor Financial Inc. Acquires 2,897 Shares of The Procter & Gamble Company (NYSE:PG)

Tudor Financial Inc. lifted its holdings in The Procter & Gamble Company (NYSE:PG) by 36.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,822 shares of the company’s stock after purchasing an additional 2,897 shares during the period. Procter & Gamble comprises 1.1% of Tudor Financial Inc.’s holdings, making the stock its 26th biggest position. Tudor Financial Inc.’s holdings in Procter & Gamble were worth $1,814,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fiera Capital Corp boosted its holdings in shares of Procter & Gamble by 1,135.1% in the 2nd quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock valued at $3,412,000 after buying an additional 19,013 shares in the last quarter. Magnetar Financial LLC purchased a new stake in Procter & Gamble during the second quarter valued at approximately $1,428,000. Evergreen Capital Management LLC grew its holdings in Procter & Gamble by 5.5% in the second quarter. Evergreen Capital Management LLC now owns 32,481 shares of the company’s stock worth $5,357,000 after purchasing an additional 1,700 shares during the last quarter. Tremblant Capital Group increased its position in shares of Procter & Gamble by 68.9% during the second quarter. Tremblant Capital Group now owns 17,316 shares of the company’s stock worth $2,856,000 after purchasing an additional 7,064 shares in the last quarter. Finally, Gateway Advisory LLC lifted its holdings in shares of Procter & Gamble by 33.3% during the 2nd quarter. Gateway Advisory LLC now owns 10,162 shares of the company’s stock valued at $1,676,000 after purchasing an additional 2,536 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

PG opened at $161.77 on Wednesday. The stock has a market cap of $380.96 billion, a P/E ratio of 27.89, a P/E/G ratio of 3.63 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The firm has a fifty day moving average price of $169.09 and a 200 day moving average price of $169.44. The Procter & Gamble Company has a 1 year low of $146.28 and a 1 year high of $180.43.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid 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 2.49%. Procter & Gamble’s dividend payout ratio is presently 69.48%.

Insider Buying and Selling

In related news, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble 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 sale, the insider now directly owns 11,595 shares in the company, valued at approximately $2,002,804.35. The trade was a 52.47 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. The trade was a 54.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 73,447 shares of company stock valued at $12,978,820. 0.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. DA Davidson restated a “buy” rating and set a $209.00 target price on shares of Procter & Gamble in a research note on Friday, December 27th. Stifel Nicolaus cut their price objective on shares of Procter & Gamble from $167.00 to $161.00 and set a “hold” rating on the stock in a report on Friday, January 17th. Wells Fargo & Company dropped their target price on shares of Procter & Gamble from $190.00 to $176.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Barclays decreased their price target on shares of Procter & Gamble from $163.00 to $155.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Morgan Stanley boosted their price objective on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a report on Monday, October 21st. 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.com, the company has a consensus rating of “Moderate Buy” and an average price target of $179.65.

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.