Regal Investment Advisors LLC Has $3.47 Million Holdings in Procter & Gamble Co (PG)

Regal Investment Advisors LLC reduced its position in shares of Procter & Gamble Co (NYSE:PG) by 27.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,464 shares of the company’s stock after selling 17,247 shares during the quarter. Procter & Gamble accounts for about 1.1% of Regal Investment Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. Regal Investment Advisors LLC’s holdings in Procter & Gamble were worth $3,471,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PG. Marshall & Sullivan Inc. WA bought a new stake in shares of Procter & Gamble in the second quarter worth approximately $149,000. Clearwater Capital Advisors LLC bought a new stake in shares of Procter & Gamble in the first quarter worth approximately $154,000. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Procter & Gamble by 296.5% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,038 shares of the company’s stock worth $162,000 after acquiring an additional 1,524 shares during the period. Clarus Wealth Advisors bought a new stake in shares of Procter & Gamble in the second quarter worth approximately $172,000. Finally, Rainier Group Investment Advisory LLC bought a new stake in shares of Procter & Gamble in the first quarter worth approximately $174,000. Institutional investors and hedge funds own 58.78% of the company’s stock.

A number of brokerages have recently commented on PG. Jefferies Financial Group reiterated a “hold” rating and issued a $86.00 price target on shares of Procter & Gamble in a research note on Friday, November 9th. TD Securities restated a “hold” rating on shares of Procter & Gamble in a research report on Thursday, November 8th. Bank of America boosted their target price on shares of Procter & Gamble from $92.00 to $95.00 and gave the company a “neutral” rating in a research report on Tuesday, November 6th. ValuEngine upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. Finally, Zacks Investment Research upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating in a research report on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. Procter & Gamble currently has a consensus rating of “Hold” and a consensus price target of $88.38.

PG stock opened at $94.51 on Monday. Procter & Gamble Co has a one year low of $70.73 and a one year high of $94.81. The company has a current ratio of 0.80, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $238.26 billion, a PE ratio of 22.40, a P/E/G ratio of 3.10 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 19th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.09 by $0.03. Procter & Gamble had a net margin of 15.10% and a return on equity of 21.20%. The firm had revenue of $16.69 billion for the quarter, compared to the consensus estimate of $16.45 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year. On average, equities research analysts predict that Procter & Gamble Co will post 4.41 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Friday, October 19th were paid a dividend of $0.7172 per share. This represents a $2.87 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Thursday, October 18th. Procter & Gamble’s payout ratio is 68.01%.

In related news, SVP Valarie L. Sheppard sold 40,751 shares of the company’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $91.93, for a total transaction of $3,746,239.43. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Carolyn M. Tastad sold 19,791 shares of the company’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $92.71, for a total transaction of $1,834,823.61. Following the sale, the insider now directly owns 60,575 shares in the company, valued at approximately $5,615,908.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 500,784 shares of company stock worth $46,237,322. 1.84% of the stock is owned by insiders.

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Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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

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