Viewpoint Capital Management LLC Acquires 1,076 Shares of The Procter & Gamble Company (NYSE:PG)

Viewpoint Capital Management LLC boosted its holdings in The Procter & Gamble Company (NYSE:PG) by 5.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 20,817 shares of the company’s stock after acquiring an additional 1,076 shares during the quarter. Procter & Gamble comprises about 1.8% of Viewpoint Capital Management LLC’s portfolio, making the stock its 13th largest holding. Viewpoint Capital Management LLC’s holdings in Procter & Gamble were worth $3,490,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in PG. Capital Advisors Inc. OK increased its position in Procter & Gamble by 2.6% during the 4th quarter. Capital Advisors Inc. OK now owns 322,979 shares of the company’s stock valued at $54,147,000 after buying an additional 8,290 shares in the last quarter. Certuity LLC increased its holdings in shares of Procter & Gamble by 5.8% during the fourth quarter. Certuity LLC now owns 14,409 shares of the company’s stock valued at $2,416,000 after acquiring an additional 784 shares in the last quarter. Community Financial Services Group LLC lifted its stake in shares of Procter & Gamble by 2.5% in the fourth quarter. Community Financial Services Group LLC now owns 43,339 shares of the company’s stock worth $7,266,000 after buying an additional 1,037 shares in the last quarter. Beacon Financial Group lifted its stake in shares of Procter & Gamble by 2.5% in the fourth quarter. Beacon Financial Group now owns 9,305 shares of the company’s stock worth $1,560,000 after buying an additional 224 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. grew its holdings in shares of Procter & Gamble by 0.7% during the fourth quarter. Signet Investment Advisory Group Inc. now owns 22,404 shares of the company’s stock valued at $3,756,000 after buying an additional 158 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 1.2 %

NYSE PG opened at $169.53 on Wednesday. The Procter & Gamble Company has a 12 month low of $153.52 and a 12 month high of $180.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The stock’s 50 day moving average is $167.06 and its 200 day moving average is $169.44. The stock has a market cap of $397.52 billion, a PE ratio of 26.99, a P/E/G ratio of 3.79 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter last year, the firm earned $1.84 EPS. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. Research analysts predict that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be issued 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 2.37%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.17%.

Insider Buying and Selling

In other news, CEO Gary A. Coombe sold 47,847 shares of the business’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 completion of the sale, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the sale, the insider now owns 172,814 shares of the company’s stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,097 shares of company stock valued at $25,635,076. Company insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PG. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. Stifel Nicolaus lifted their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Barclays upped their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research note on Thursday, January 23rd. UBS Group reduced their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Finally, DA Davidson restated a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.53.

Procter & Gamble 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.