Aurora Private Wealth Inc. Has $1.29 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Aurora Private Wealth Inc. decreased its holdings in The Procter & Gamble Company (NYSE:PG) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,662 shares of the company’s stock after selling 352 shares during the period. Procter & Gamble comprises approximately 1.0% of Aurora Private Wealth Inc.’s investment portfolio, making the stock its 26th biggest holding. Aurora Private Wealth Inc.’s holdings in Procter & Gamble were worth $1,285,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Cornerstone Wealth Group LLC boosted its holdings in shares of Procter & Gamble by 3.5% during the 4th quarter. Cornerstone Wealth Group LLC now owns 55,150 shares of the company’s stock worth $9,246,000 after buying an additional 1,886 shares during the period. waypoint wealth counsel boosted its holdings in shares of Procter & Gamble by 5.4% during the fourth quarter. waypoint wealth counsel now owns 1,378 shares of the company’s stock worth $231,000 after acquiring an additional 70 shares during the period. Union Bancaire Privee UBP SA acquired a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $50,049,000. Apexium Financial LP increased its stake in shares of Procter & Gamble by 23.9% during the fourth quarter. Apexium Financial LP now owns 4,822 shares of the company’s stock worth $808,000 after purchasing an additional 931 shares during the period. Finally, Capital Asset Advisory Services LLC lifted its holdings in Procter & Gamble by 2.5% during the 4th quarter. Capital Asset Advisory Services LLC now owns 39,079 shares of the company’s stock worth $6,453,000 after purchasing an additional 953 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on PG. Morgan Stanley increased their price objective on Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Evercore ISI increased their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $164.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $180.53.

Insider Buying and Selling

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the sale, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were 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 in the company, valued at $2,002,804.35. This represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,097 shares of company stock worth $25,635,076. 0.18% of the stock is owned by company insiders.

Procter & Gamble Stock Performance

Shares of PG stock opened at $166.35 on Wednesday. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.55. The business’s 50 day simple moving average is $168.83 and its 200 day simple moving average is $169.42. The stock has a market capitalization of $390.07 billion, a PE ratio of 26.49, a PEG ratio of 3.69 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.88% 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 last year, the business posted $1.84 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research analysts forecast that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Procter & Gamble Dividend Announcement

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 given a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s payout ratio is 64.01%.

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.