Procter & Gamble Company (The) (PG) Shares Bought by Financial Advisory Group

Financial Advisory Group grew its position in Procter & Gamble Company (The) (NYSE:PG) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,378 shares of the company’s stock after buying an additional 102 shares during the period. Financial Advisory Group’s holdings in Procter & Gamble were worth $643,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in PG. Polaris Greystone Financial Group LLC boosted its stake in Procter & Gamble by 0.8% in the 1st quarter. Polaris Greystone Financial Group LLC now owns 35,610 shares of the company’s stock worth $3,200,000 after purchasing an additional 287 shares during the period. Whittier Trust Co. boosted its stake in Procter & Gamble by 1.3% in the 1st quarter. Whittier Trust Co. now owns 285,883 shares of the company’s stock worth $25,686,000 after purchasing an additional 3,787 shares during the period. North Star Investment Management Corp. boosted its stake in Procter & Gamble by 3.2% in the 1st quarter. North Star Investment Management Corp. now owns 44,576 shares of the company’s stock worth $4,005,000 after purchasing an additional 1,377 shares during the period. Tufton Capital Management boosted its stake in Procter & Gamble by 0.5% in the 1st quarter. Tufton Capital Management now owns 111,997 shares of the company’s stock worth $10,063,000 after purchasing an additional 558 shares during the period. Finally, Biondo Investment Advisors LLC boosted its stake in Procter & Gamble by 18.0% in the 1st quarter. Biondo Investment Advisors LLC now owns 3,275 shares of the company’s stock worth $277,000 after purchasing an additional 500 shares during the period. 59.54% of the stock is owned by institutional investors.

In related news, insider R. Alexandra Keith sold 1,298 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total value of $115,664.78. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marylynn Fergusonmchugh sold 2,856 shares of the company’s stock in a transaction dated Monday, October 16th. The shares were sold at an average price of $92.98, for a total transaction of $265,550.88. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,575 shares of company stock worth $1,927,095. 0.35% of the stock is owned by insiders.

Several equities research analysts have commented on the stock. Jefferies Group reissued a “buy” rating and set a $104.00 price target (up from $103.00) on shares of Procter & Gamble in a research report on Wednesday, September 20th. Zacks Investment Research cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Goldman Sachs Group reissued a “sell” rating on shares of Procter & Gamble in a research report on Wednesday, October 4th. Vetr cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and set a $90.38 price target on the stock. in a research report on Tuesday, November 7th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Procter & Gamble in a research report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $87.81.

Shares of Procter & Gamble Company (NYSE PG) traded up $0.09 during mid-day trading on Tuesday, hitting $91.50. 1,777,042 shares of the stock were exchanged, compared to its average volume of 7,377,933. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.75 and a current ratio of 0.91. The company has a market cap of $229,239.53, a PE ratio of 22.70, a price-to-earnings-growth ratio of 2.91 and a beta of 0.67. Procter & Gamble Company has a 12 month low of $82.48 and a 12 month high of $94.67.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.02. The company had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.69 billion. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. Procter & Gamble’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 EPS. research analysts anticipate that Procter & Gamble Company will post 4.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, October 20th were issued a $0.6896 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.01%. Procter & Gamble’s payout ratio is 48.51%.

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Procter & Gamble 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.

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

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