Mine & Arao Wealth Creation & Management LLC. Sells 331 Shares of The Procter & Gamble Company (NYSE:PG)

Mine & Arao Wealth Creation & Management LLC. reduced its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,305 shares of the company’s stock after selling 331 shares during the quarter. Procter & Gamble accounts for 0.6% of Mine & Arao Wealth Creation & Management LLC.’s portfolio, making the stock its 23rd biggest holding. Mine & Arao Wealth Creation & Management LLC.’s holdings in Procter & Gamble were worth $1,225,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PG. Central Pacific Bank Trust Division lifted its holdings in shares of Procter & Gamble by 4.5% during the 3rd quarter. Central Pacific Bank Trust Division now owns 6,567 shares of the company’s stock valued at $1,137,000 after buying an additional 284 shares during the period. AMF Tjanstepension AB increased its position in Procter & Gamble by 416.1% during the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock valued at $315,016,000 after acquiring an additional 1,466,115 shares during the last quarter. Czech National Bank lifted its holdings in Procter & Gamble by 6.6% in the third quarter. Czech National Bank now owns 479,545 shares of the company’s stock valued at $83,057,000 after acquiring an additional 29,799 shares during the period. Trinity Financial Advisors LLC boosted its position in Procter & Gamble by 18.5% in the third quarter. Trinity Financial Advisors LLC now owns 3,817 shares of the company’s stock worth $661,000 after purchasing an additional 595 shares during the last quarter. Finally, Wiser Wealth Management Inc grew its stake in shares of Procter & Gamble by 25.2% during the 3rd quarter. Wiser Wealth Management Inc now owns 3,047 shares of the company’s stock valued at $528,000 after purchasing an additional 613 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

PG has been the topic of a number of research reports. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Barclays lifted their price target on shares of Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 23rd. Wells Fargo & Company upped their price objective on Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. DA Davidson reiterated a “buy” rating and set a $209.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Finally, Stifel Nicolaus upped their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating 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 given a strong buy rating to the company’s stock. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $180.53.

Insider Buying and Selling

In related news, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction on 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 completion of the sale, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. This trade represents a 52.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the business’s stock in a transaction on 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 transaction, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 151,097 shares of company stock worth $25,635,076. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Trading Down 0.9 %

Shares of Procter & Gamble stock opened at $165.98 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The firm has a market cap of $389.20 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 3.73 and a beta of 0.45. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The business has a 50-day moving average price of $168.54 and a 200-day moving average price of $169.38.

Procter & Gamble (NYSE:PG) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share 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 analyst estimates of $21.66 billion. During the same period last year, the firm posted $1.84 earnings per share. Procter & Gamble’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

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 issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s payout ratio is 64.17%.

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.