The Procter & Gamble Company (NYSE:PG) Shares Bought by UP Strategic Wealth Investment Advisors LLC

UP Strategic Wealth Investment Advisors LLC lifted its position in The Procter & Gamble Company (NYSE:PG) by 15.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,375 shares of the company’s stock after buying an additional 323 shares during the period. UP Strategic Wealth Investment Advisors LLC’s holdings in Procter & Gamble were worth $392,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Gilbert & Cook Inc. grew its position in Procter & Gamble by 7.7% during the fourth quarter. Gilbert & Cook Inc. now owns 17,215 shares of the company’s stock worth $2,523,000 after buying an additional 1,237 shares in the last quarter. Gryphon Financial Partners LLC lifted its position in shares of Procter & Gamble by 8.2% during the fourth quarter. Gryphon Financial Partners LLC now owns 84,360 shares of the company’s stock worth $12,341,000 after purchasing an additional 6,390 shares in the last quarter. Hanlon Investment Management Inc. acquired a new position in shares of Procter & Gamble during the fourth quarter valued at $265,000. Sand Hill Global Advisors LLC raised its position in shares of Procter & Gamble by 1.2% during the 4th quarter. Sand Hill Global Advisors LLC now owns 56,124 shares of the company’s stock valued at $8,224,000 after acquiring an additional 672 shares during the last quarter. Finally, Union Savings Bank boosted its stake in Procter & Gamble by 2.6% during the 4th quarter. Union Savings Bank now owns 14,037 shares of the company’s stock worth $2,057,000 after acquiring an additional 355 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $173.91 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.73 and a quick ratio of 0.53. The stock has a market cap of $410.45 billion, a price-to-earnings ratio of 28.42, a PEG ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 1 year low of $141.45 and a 1 year high of $177.94. The firm’s 50-day moving average is $169.94 and its 200 day moving average is $165.55.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 30th. The company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.37 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The firm had revenue of $20.53 billion for the quarter, compared to the consensus estimate of $20.69 billion. During the same period last year, the firm earned $1.37 EPS. The company’s revenue was down .1% on a year-over-year basis. Sell-side analysts anticipate that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Friday, July 19th were paid a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.31%. The ex-dividend date was Friday, July 19th. Procter & Gamble’s payout ratio is 65.85%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Wolfe Research upgraded Procter & Gamble to a “strong-buy” rating in a research note on Friday, August 23rd. Stifel Nicolaus lifted their price objective on shares of Procter & Gamble from $157.00 to $161.00 and gave the company a “hold” rating in a research note on Monday, July 22nd. StockNews.com downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Barclays dropped their price target on shares of Procter & Gamble from $174.00 to $163.00 and set an “overweight” rating for the company in a research note on Thursday, August 1st. Finally, Royal Bank of Canada boosted their price target on shares of Procter & Gamble from $157.00 to $164.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 31st. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $175.79.

Insider Buying and Selling

In other news, CEO Ma. Fatima Francisco sold 96,000 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $170.00, for a total transaction of $16,320,000.00. Following the transaction, the chief executive officer now directly owns 13,721 shares in the company, valued at $2,332,570. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Procter & Gamble news, insider Balaji Purushothaman sold 8,842 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $164.90, for a total value of $1,458,045.80. Following the completion of the sale, the insider now directly owns 11,537 shares of the company’s stock, valued at approximately $1,902,451.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ma. Fatima Francisco sold 96,000 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $170.00, for a total value of $16,320,000.00. Following the sale, the chief executive officer now directly owns 13,721 shares of the company’s stock, valued at $2,332,570. The disclosure for this sale can be found here. Insiders have sold 375,553 shares of company stock valued at $63,829,141 in the last ninety days. 0.17% of the stock is owned by company insiders.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.