The Procter & Gamble Company (NYSE:PG) Shares Purchased by Onefund LLC

Onefund LLC boosted its stake in The Procter & Gamble Company (NYSE:PG) by 2.9% in the 4th quarter, Holdings Channel reports. The firm owned 6,359 shares of the company’s stock after purchasing an additional 178 shares during the period. Procter & Gamble comprises about 1.0% of Onefund LLC’s portfolio, making the stock its 18th largest holding. Onefund LLC’s holdings in Procter & Gamble were worth $1,066,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PG. Geode Capital Management LLC increased its holdings in Procter & Gamble by 7.0% in the 3rd quarter. Geode Capital Management LLC now owns 55,204,776 shares of the company’s stock valued at $9,538,327,000 after purchasing an additional 3,619,466 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Procter & Gamble by 10.2% in the third quarter. Franklin Resources Inc. now owns 18,988,721 shares of the company’s stock worth $3,290,573,000 after acquiring an additional 1,760,214 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Procter & Gamble in the third quarter worth $301,950,000. Proficio Capital Partners LLC grew its stake in shares of Procter & Gamble by 25,115.7% in the fourth quarter. Proficio Capital Partners LLC now owns 1,736,857 shares of the company’s stock worth $291,184,000 after acquiring an additional 1,729,969 shares in the last quarter. Finally, AMF Tjanstepension AB grew its stake in shares of Procter & Gamble by 416.1% in the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after acquiring an additional 1,466,115 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Gary A. Coombe sold 18,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company’s stock, valued at approximately $3,785,274.66. This represents a 44.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction that occurred 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 directly owns 172,814 shares in the company, 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. Insiders own 0.18% of the company’s stock.

Procter & Gamble Trading Up 1.1 %

Shares of PG opened at $173.84 on Friday. 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 firm’s 50-day moving average is $166.29 and its two-hundred day moving average is $169.54. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The firm has a market capitalization of $407.63 billion, a P/E ratio of 27.68, a PEG ratio of 3.76 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. During the same period in the prior year, the business posted $1.84 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, research analysts predict that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.32%. The ex-dividend date was Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

Analyst Upgrades and Downgrades

PG has been the subject of several research reports. Barclays boosted 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. JPMorgan Chase & Co. decreased their price objective 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. DA Davidson reaffirmed a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. UBS Group reaffirmed a “buy” rating on shares of Procter & Gamble in a research report on Monday, February 10th. Finally, Wells Fargo & Company lifted their price objective on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $180.42.

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.