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

Strategic Blueprint LLC raised its position in The Procter & Gamble Company (NYSE:PG) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,735 shares of the company’s stock after purchasing an additional 917 shares during the period. Strategic Blueprint LLC’s holdings in Procter & Gamble were worth $9,847,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC boosted its holdings in shares of Procter & Gamble by 9.7% in the 2nd quarter. Anchor Investment Management LLC now owns 61,227 shares of the company’s stock valued at $10,098,000 after buying an additional 5,402 shares in the last quarter. Mattson Financial Services LLC acquired a new position in Procter & Gamble in the second quarter valued at $3,312,000. Global Wealth Strategies & Associates grew its holdings in shares of Procter & Gamble by 11.0% during the third quarter. Global Wealth Strategies & Associates now owns 937 shares of the company’s stock worth $162,000 after purchasing an additional 93 shares during the last quarter. Bridge Advisory LLC acquired a new stake in shares of Procter & Gamble during the third quarter worth about $200,000. Finally, M&R Capital Management Inc. lifted its holdings in shares of Procter & Gamble by 0.5% in the 3rd quarter. M&R Capital Management Inc. now owns 14,323 shares of the company’s stock valued at $2,481,000 after purchasing an additional 67 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, November 27th. The shares were 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 approximately $7,189,463.68. The trade was a 54.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of the 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 transaction, the insider now directly owns 11,595 shares in the company, valued at approximately $2,002,804.35. This represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 151,097 shares of company stock worth $25,635,076. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Evercore ISI lifted their price target on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Barclays upped their price target on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Finally, Stifel Nicolaus upped their price objective on Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note 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 company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $180.53.

Procter & Gamble Stock Performance

Shares of PG stock opened at $167.43 on Friday. The stock has a fifty day moving average price of $168.65 and a 200 day moving average price of $169.39. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.55 and a current ratio of 0.76. The stock has a market cap of $394.31 billion, a PE ratio of 26.66, a P/E/G ratio of 3.69 and a beta of 0.45. The Procter & Gamble Company has a 1 year low of $153.52 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analysts’ expectations of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 32.88%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.84 EPS. Sell-side analysts forecast that The Procter & Gamble Company will post 6.94 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s payout ratio is currently 64.17%.

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.