Cwm LLC Increases Stake in Procter & Gamble Company (The) (PG)

CWM LLC boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 14.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,441 shares of the company’s stock after buying an additional 1,618 shares during the period. CWM LLC’s holdings in Procter & Gamble Company (The) were worth $1,084,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cascade Investment Advisors Inc. raised its position in shares of Procter & Gamble Company (The) by 0.5% in the second quarter. Cascade Investment Advisors Inc. now owns 3,395 shares of the company’s stock worth $296,000 after buying an additional 17 shares during the last quarter. RB Capital Management LLC raised its position in shares of Procter & Gamble Company (The) by 0.3% in the first quarter. RB Capital Management LLC now owns 7,294 shares of the company’s stock worth $655,000 after buying an additional 20 shares during the last quarter. Paradigm Financial Advisors LLC raised its position in shares of Procter & Gamble Company (The) by 0.4% in the first quarter. Paradigm Financial Advisors LLC now owns 6,842 shares of the company’s stock worth $614,000 after buying an additional 25 shares during the last quarter. Cottage Street Advisors LLC raised its position in shares of Procter & Gamble Company (The) by 0.4% in the first quarter. Cottage Street Advisors LLC now owns 6,845 shares of the company’s stock worth $615,000 after buying an additional 25 shares during the last quarter. Finally, American Economic Planning Group Inc. ADV raised its position in shares of Procter & Gamble Company (The) by 0.3% in the first quarter. American Economic Planning Group Inc. ADV now owns 10,827 shares of the company’s stock worth $973,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 59.69% of the company’s stock.

Shares of Procter & Gamble Company (NYSE:PG) opened at 91.34 on Friday. Procter & Gamble Company has a 52 week low of $81.18 and a 52 week high of $92.08. The stock has a 50 day moving average of $89.05 and a 200-day moving average of $88.93. The stock has a market cap of $232.92 billion, a PE ratio of 16.33 and a beta of 0.68.

Procter & Gamble Company (The) (NYSE:PG) last issued its earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.07. Procter & Gamble Company (The) had a return on equity of 19.97% and a net margin of 23.56%. The business had revenue of $16.08 billion for the quarter, compared to analyst estimates of $16.01 billion. During the same quarter last year, the company earned $0.79 EPS. The business’s quarterly revenue was down .1% on a year-over-year basis. Equities research analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st will be given a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a yield of 3.02%. The ex-dividend date is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is 49.37%.

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PG has been the topic of several analyst reports. Jefferies Group LLC reissued a “buy” rating and issued a $103.00 price objective (up previously from $101.00) on shares of Procter & Gamble Company (The) in a research note on Tuesday, April 18th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $80.00 price target on shares of Procter & Gamble Company (The) in a research note on Monday, April 24th. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target for the company in a research note on Wednesday, April 26th. Stifel Nicolaus lowered their target price on shares of Procter & Gamble Company (The) from $88.00 to $87.00 and set a “hold” rating for the company in a research note on Thursday, April 27th. Finally, UBS AG reissued a “buy” rating and set a $102.00 target price (down previously from $104.00) on shares of Procter & Gamble Company (The) in a research note on Friday, April 28th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $87.81.

In related news, insider Ioannis Skoufalos sold 3,879 shares of the company’s stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $86.17, for a total value of $334,253.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Patrice Louvet sold 29,621 shares of the company’s stock in a transaction on Friday, May 19th. The shares were sold at an average price of $86.01, for a total value of $2,547,702.21. Following the completion of the transaction, the insider now owns 76,651 shares of the company’s stock, valued at $6,592,752.51. The disclosure for this sale can be found here. Insiders sold a total of 203,898 shares of company stock worth $17,666,387 over the last quarter. Company insiders own 0.35% of the company’s stock.

Procter & Gamble Company (The) Company Profile

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.

Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

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