The Procter & Gamble Company (NYSE:PG) Insider Susan Street Whaley Sells 634 Shares

The Procter & Gamble Company (NYSE:PG) insider Susan Street Whaley sold 634 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $171.65, for a total transaction of $108,826.10. Following the completion of the sale, the insider now directly owns 19,341 shares of the company’s stock, valued at $3,319,882.65. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Susan Street Whaley also recently made the following trade(s):

• On Tuesday, August 20th, Susan Street Whaley sold 450 shares of Procter & Gamble stock. The stock was sold at an average price of $169.22, for a total value of $76,149.00.

Procter & Gamble Stock Down 1.1 %

Shares of NYSE PG traded down $1.86 during mid-day trading on Thursday, reaching $170.06. The company had a trading volume of 4,791,497 shares, compared to its average volume of 6,674,375. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.73. The company has a market capitalization of $401.37 billion, a price-to-earnings ratio of 27.85, a PEG ratio of 3.76 and a beta of 0.41. The stock has a fifty day moving average of $171.09 and a two-hundred day moving average of $166.40. The Procter & Gamble Company has a 12-month low of $141.45 and a 12-month high of $177.94.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, July 30th. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The company had revenue of $20.53 billion during the quarter, compared to analyst estimates of $20.69 billion. During the same quarter last year, the business posted $1.37 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. As a group, equities research analysts expect that The Procter & Gamble Company will post 6.97 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Friday, July 19th were given a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.37%. The ex-dividend date was Friday, July 19th. Procter & Gamble’s payout ratio is currently 65.85%.

Analyst Upgrades and Downgrades

PG has been the topic of a number of research reports. DZ Bank raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research note on Thursday, August 29th. Citigroup upped their price target on shares of Procter & Gamble from $177.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Piper Sandler began coverage on shares of Procter & Gamble in a research note on Tuesday, September 24th. They issued a “neutral” rating and a $174.00 price objective on the stock. StockNews.com lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, BNP Paribas initiated coverage on shares of Procter & Gamble in a research report on Monday, June 24th. They issued an “outperform” rating and a $187.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $175.89.

Institutional Investors Weigh In On Procter & Gamble

Several institutional investors have recently made changes to their positions in PG. Alera Investment Advisors LLC lifted its stake in Procter & Gamble by 1.2% in the first quarter. Alera Investment Advisors LLC now owns 5,007 shares of the company’s stock valued at $812,000 after acquiring an additional 60 shares during the last quarter. Hudson Value Partners LLC boosted its holdings in Procter & Gamble by 4.1% in the second quarter. Hudson Value Partners LLC now owns 1,516 shares of the company’s stock worth $250,000 after purchasing an additional 60 shares in the last quarter. Fiduciary Alliance LLC increased its position in Procter & Gamble by 2.8% during the second quarter. Fiduciary Alliance LLC now owns 2,261 shares of the company’s stock worth $371,000 after buying an additional 61 shares during the last quarter. LCM Capital Management Inc raised its holdings in Procter & Gamble by 1.1% during the first quarter. LCM Capital Management Inc now owns 5,701 shares of the company’s stock valued at $925,000 after buying an additional 63 shares in the last quarter. Finally, Home Federal Bank of Tennessee lifted its position in shares of Procter & Gamble by 0.3% in the second quarter. Home Federal Bank of Tennessee now owns 23,318 shares of the company’s stock worth $3,846,000 after buying an additional 63 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

About Procter & Gamble

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.