The Procter & Gamble Company (NYSE:PG) Stock Holdings Increased by Atlas Brown Inc.

Atlas Brown Inc. raised its stake in The Procter & Gamble Company (NYSE:PG) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,317 shares of the company’s stock after buying an additional 202 shares during the period. Procter & Gamble makes up approximately 1.9% of Atlas Brown Inc.’s holdings, making the stock its 8th largest holding. Atlas Brown Inc.’s holdings in Procter & Gamble were worth $5,418,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of PG. Fiera Capital Corp grew its holdings in Procter & Gamble by 1,135.1% in the second quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock valued at $3,412,000 after purchasing an additional 19,013 shares during the last quarter. Quest Partners LLC acquired a new stake in Procter & Gamble in the 2nd quarter valued at about $36,000. Fortune Financial Advisors LLC increased its holdings in Procter & Gamble by 5.5% during the 2nd quarter. Fortune Financial Advisors LLC now owns 41,885 shares of the company’s stock valued at $6,908,000 after acquiring an additional 2,192 shares in the last quarter. Cibc World Market Inc. raised its position in Procter & Gamble by 234.3% during the second quarter. Cibc World Market Inc. now owns 1,143,286 shares of the company’s stock worth $188,551,000 after acquiring an additional 801,263 shares during the last quarter. Finally, Jupiter Asset Management Ltd. lifted its holdings in shares of Procter & Gamble by 368.4% in the second quarter. Jupiter Asset Management Ltd. now owns 64,259 shares of the company’s stock valued at $10,598,000 after purchasing an additional 50,540 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In related news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction dated 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 sale, the chief executive officer now directly owns 39,977 shares in the company, valued at $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 is available through the SEC website. Also, CEO R. Alexandra Keith sold 1,992 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total transaction of $338,640.00. Following the completion of the transaction, the chief executive officer now owns 13,783 shares of the company’s stock, valued at $2,343,110. This represents a 12.63 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 75,439 shares of company stock worth $13,317,460. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. DA Davidson restated a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Friday, December 27th. Piper Sandler assumed coverage on Procter & Gamble in a research note on Tuesday, September 24th. They set a “neutral” rating and a $174.00 price objective on the stock. Hsbc Global Res upgraded Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. 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 research report on Monday, October 21st. Finally, Barclays lowered shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price on the stock. in a research report on Monday, September 30th. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $179.75.

Procter & Gamble Stock Performance

Shares of NYSE:PG traded down $3.83 during trading on Friday, reaching $158.27. 5,430,282 shares of the company’s stock traded hands, compared to its average volume of 6,262,135. The stock has a market capitalization of $372.73 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 3.70 and a beta of 0.45. The Procter & Gamble Company has a 12 month low of $146.28 and a 12 month high of $180.43. The company has a 50 day moving average of $169.77 and a 200-day moving average of $169.64. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. The business had revenue of $21.74 billion for the quarter, compared to analysts’ expectations of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.83 EPS. On average, equities analysts expect that The Procter & Gamble Company will post 6.94 EPS for the current year.

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.