The Procter & Gamble Company (NYSE:PG) Shares Bought by Moody National Bank Trust Division

Moody National Bank Trust Division grew its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 1.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,022 shares of the company’s stock after purchasing an additional 547 shares during the period. Procter & Gamble accounts for 0.5% of Moody National Bank Trust Division’s portfolio, making the stock its 23rd biggest position. Moody National Bank Trust Division’s holdings in Procter & Gamble were worth $7,135,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PG. Axiom Financial Strategies LLC increased its holdings in shares of Procter & Gamble by 7.0% in the 1st quarter. Axiom Financial Strategies LLC now owns 1,728 shares of the company’s stock worth $276,000 after acquiring an additional 113 shares during the period. AMI Investment Management Inc. increased its holdings in shares of Procter & Gamble by 7.2% in the 1st quarter. AMI Investment Management Inc. now owns 3,461 shares of the company’s stock worth $529,000 after acquiring an additional 233 shares during the period. LSV Asset Management increased its holdings in shares of Procter & Gamble by 5.7% in the 1st quarter. LSV Asset Management now owns 18,600 shares of the company’s stock worth $2,842,000 after acquiring an additional 1,000 shares during the period. Ergoteles LLC acquired a new stake in shares of Procter & Gamble in the 1st quarter worth about $3,073,000. Finally, Wsfs Capital Management LLC increased its holdings in shares of Procter & Gamble by 12.0% in the 1st quarter. Wsfs Capital Management LLC now owns 4,256 shares of the company’s stock worth $650,000 after acquiring an additional 455 shares during the period. 63.43% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 33,022 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $156.26, for a total transaction of $5,160,017.72. Following the transaction, the chief accounting officer now owns 888 shares of the company’s stock, valued at $138,758.88. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 33,022 shares of the stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $156.26, for a total transaction of $5,160,017.72. Following the transaction, the chief accounting officer now owns 888 shares in the company, valued at $138,758.88. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ma. Fatima Francisco sold 8,387 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $156.87, for a total value of $1,315,668.69. Following the transaction, the chief executive officer now owns 962 shares in the company, valued at approximately $150,908.94. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 106,607 shares of company stock valued at $16,523,793. 0.17% of the stock is currently owned by corporate insiders.

Procter & Gamble Price Performance

NYSE PG opened at $153.47 on Friday. The company has a 50 day simple moving average of $153.35 and a 200-day simple moving average of $150.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.63 and a quick ratio of 0.44. The firm has a market capitalization of $361.78 billion, a price-to-earnings ratio of 26.01, a price-to-earnings-growth ratio of 3.85 and a beta of 0.42. The Procter & Gamble Company has a 52-week low of $122.18 and a 52-week high of $158.38.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, July 28th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.05. The business had revenue of $20.60 billion during the quarter, compared to analyst estimates of $20.01 billion. Procter & Gamble had a net margin of 17.87% and a return on equity of 32.88%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 earnings per share. Equities research analysts predict that The Procter & Gamble Company will post 6.38 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Friday, July 21st were given a dividend of $0.9407 per share. This represents a $3.76 annualized dividend and a yield of 2.45%. The ex-dividend date was Thursday, July 20th. Procter & Gamble’s payout ratio is presently 63.73%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Procter & Gamble from $165.00 to $167.00 and gave the stock a “sector perform” rating in a report on Monday, July 31st. Barclays increased their target price on shares of Procter & Gamble from $160.00 to $166.00 and gave the company an “overweight” rating in a research report on Tuesday, August 1st. JPMorgan Chase & Co. increased their target price on shares of Procter & Gamble from $164.00 to $172.00 in a research report on Friday, July 28th. Morgan Stanley reiterated an “overweight” rating and issued a $174.00 target price on shares of Procter & Gamble in a research report on Tuesday, August 1st. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Procter & Gamble from $170.00 to $173.00 and gave the company a “buy” rating in a research report on Monday, July 31st. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $164.82.

Procter & Gamble 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.