Insight 2811 Inc. Has $530,000 Stock Position in Procter & Gamble Co (NYSE:PG)

Insight 2811 Inc. increased its stake in Procter & Gamble Co (NYSE:PG) by 62.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,247 shares of the company’s stock after acquiring an additional 1,640 shares during the quarter. Insight 2811 Inc.’s holdings in Procter & Gamble were worth $530,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Palisade Capital Management LLC NJ increased its holdings in shares of Procter & Gamble by 0.7% during the fourth quarter. Palisade Capital Management LLC NJ now owns 11,875 shares of the company’s stock valued at $1,483,000 after acquiring an additional 84 shares in the last quarter. AMI Asset Management Corp increased its holdings in shares of Procter & Gamble by 0.7% during the third quarter. AMI Asset Management Corp now owns 13,431 shares of the company’s stock valued at $1,671,000 after acquiring an additional 87 shares in the last quarter. First Mercantile Trust Co. increased its holdings in shares of Procter & Gamble by 1.5% during the third quarter. First Mercantile Trust Co. now owns 6,164 shares of the company’s stock valued at $767,000 after acquiring an additional 92 shares in the last quarter. Girard Partners LTD. increased its holdings in shares of Procter & Gamble by 0.4% during the fourth quarter. Girard Partners LTD. now owns 22,351 shares of the company’s stock valued at $2,791,000 after acquiring an additional 96 shares in the last quarter. Finally, OLD Second National Bank of Aurora increased its holdings in shares of Procter & Gamble by 0.3% during the fourth quarter. OLD Second National Bank of Aurora now owns 29,110 shares of the company’s stock valued at $3,635,000 after acquiring an additional 97 shares in the last quarter. 63.08% of the stock is currently owned by institutional investors.

Procter & Gamble stock traded up $1.14 during trading on Thursday, hitting $126.58. 6,094,488 shares of the company were exchanged, compared to its average volume of 6,921,990. The business’s 50 day moving average is $125.03 and its 200 day moving average is $122.39. Procter & Gamble Co has a 52 week low of $97.75 and a 52 week high of $128.09. The company has a market capitalization of $308.36 billion, a P/E ratio of 74.90, a PEG ratio of 3.40 and a beta of 0.36. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 0.42.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, January 23rd. The company reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.05. Procter & Gamble had a return on equity of 27.14% and a net margin of 6.92%. The business had revenue of $18.24 billion during the quarter, compared to the consensus estimate of $18.37 billion. During the same quarter in the prior year, the company posted $1.25 earnings per share. Procter & Gamble’s revenue was up 4.6% compared to the same quarter last year. Equities analysts expect that Procter & Gamble Co will post 4.99 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were issued a dividend of $0.7459 per share. The ex-dividend date was Thursday, January 23rd. This represents a $2.98 annualized dividend and a yield of 2.36%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.93%.

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 1,729 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $122.00, for a total value of $210,938.00. Following the transaction, the chief executive officer now owns 6,856 shares of the company’s stock, valued at $836,432. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Carolyn M. Tastad sold 37,385 shares of the business’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $126.28, for a total value of $4,720,977.80. Following the completion of the transaction, the insider now directly owns 60,191 shares in the company, valued at approximately $7,600,919.48. The disclosure for this sale can be found here. Insiders have sold 100,411 shares of company stock valued at $12,652,757 in the last quarter. 1.75% of the stock is currently owned by corporate insiders.

PG has been the subject of several recent research reports. Morgan Stanley restated a “buy” rating and set a $134.00 price objective on shares of Procter & Gamble in a report on Friday, January 24th. Macquarie boosted their price objective on Procter & Gamble from $132.00 to $138.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Wells Fargo & Co boosted their price objective on Procter & Gamble from $135.00 to $136.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Citigroup boosted their price objective on Procter & Gamble from $138.00 to $143.00 and gave the company a “buy” rating in a report on Friday, January 24th. Finally, Stifel Nicolaus restated a “hold” rating and set a $119.00 price objective on shares of Procter & Gamble in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $124.86.

About Procter & Gamble

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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