Systematic Financial Management LP maintained its position in shares of Procter & Gamble Co (NYSE:PG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,100 shares of the company’s stock at the end of the fourth quarter. Systematic Financial Management LP’s holdings in Procter & Gamble Co were worth $261,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Procter & Gamble Co by 0.9% in the fourth quarter. State Street Corp now owns 117,814,233 shares of the company’s stock worth $9,905,824,000 after buying an additional 1,102,516 shares during the period. Bank of New York Mellon Corp boosted its position in Procter & Gamble Co by 0.3% in the third quarter. Bank of New York Mellon Corp now owns 41,540,032 shares of the company’s stock valued at $3,728,219,000 after buying an additional 105,964 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Procter & Gamble Co by 0.4% in the third quarter. Price T Rowe Associates Inc. MD now owns 14,964,441 shares of the company’s stock valued at $1,343,059,000 after buying an additional 62,847 shares during the period. California Public Employees Retirement System boosted its position in Procter & Gamble Co by 3.5% in the third quarter. California Public Employees Retirement System now owns 7,165,855 shares of the company’s stock valued at $643,136,000 after buying an additional 242,600 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its position in Procter & Gamble Co by 1.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,950,051 shares of the company’s stock valued at $534,017,000 after buying an additional 59,015 shares during the period. 68.33% of the stock is currently owned by institutional investors and hedge funds.
Procter & Gamble Co (NYSE:PG) traded down 0.79% during mid-day trading on Friday, reaching $88.62. The company had a trading volume of 9,910,201 shares. The firm has a market capitalization of $226.56 billion, a PE ratio of 16.24 and a beta of 0.64. Procter & Gamble Co has a 52 week low of $79.10 and a 52 week high of $92.00. The stock’s 50-day moving average price is $90.41 and its 200 day moving average price is $87.21.
Procter & Gamble Co (NYSE:PG) last issued its earnings results on Friday, January 20th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.02. Procter & Gamble Co had a net margin of 23.44% and a return on equity of 18.58%. The company earned $16.86 billion during the quarter, compared to analysts’ expectations of $16.80 billion. During the same period last year, the company posted $1.04 earnings per share. The firm’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities research analysts predict that Procter & Gamble Co will post $3.84 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, May 15th. Shareholders of record on Friday, April 21st will be issued a $0.6896 dividend. The ex-dividend date is Wednesday, April 19th. This is a boost from Procter & Gamble Co’s previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a yield of 3.11%. Procter & Gamble Co’s dividend payout ratio (DPR) is 48.73%.
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Several equities analysts have recently issued reports on the company. B. Riley reissued a “buy” rating and set a $106.00 target price on shares of Procter & Gamble Co in a research note on Saturday, January 28th. Jefferies Group LLC reissued a “buy” rating and set a $103.00 target price (up from $101.00) on shares of Procter & Gamble Co in a research note on Tuesday. Zacks Investment Research raised Procter & Gamble Co from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Deutsche Bank AG restated a “hold” rating and set a $90.00 price target on shares of Procter & Gamble Co in a research report on Thursday, February 16th. Finally, Barclays PLC set a $93.00 price target on Procter & Gamble Co and gave the company a “hold” rating in a research report on Saturday, February 18th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the stock. Procter & Gamble Co presently has an average rating of “Hold” and an average target price of $91.19.
In other Procter & Gamble Co news, insider Juan Fernando Posada sold 7,000 shares of the stock in a transaction dated Monday, January 30th. The shares were sold at an average price of $86.75, for a total value of $607,250.00. Following the completion of the transaction, the insider now directly owns 21,989 shares of the company’s stock, valued at $1,907,545.75. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Mohamed Samir Abde Abdelfattah sold 1,876 shares of the stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $91.25, for a total transaction of $171,185.00. Following the completion of the transaction, the insider now directly owns 30,952 shares of the company’s stock, valued at $2,824,370. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 401,936 shares of company stock valued at $35,928,133. 0.35% of the stock is currently owned by corporate insiders.
About Procter & Gamble Co
The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.
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