Aua Capital Management LLC Reduces Holdings in The Procter & Gamble Company (NYSE:PG)

Aua Capital Management LLC lowered its position in The Procter & Gamble Company (NYSE:PG) by 23.7% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,835 shares of the company’s stock after selling 570 shares during the period. Aua Capital Management LLC’s holdings in Procter & Gamble were worth $278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Axiom Financial Strategies LLC increased its stake 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 last quarter. AMI Investment Management Inc. raised its stake in Procter & Gamble by 7.2% during the first quarter. AMI Investment Management Inc. now owns 3,461 shares of the company’s stock worth $529,000 after purchasing an additional 233 shares during the period. LSV Asset Management boosted its holdings in Procter & Gamble by 5.7% in the 1st quarter. LSV Asset Management now owns 18,600 shares of the company’s stock valued at $2,842,000 after purchasing an additional 1,000 shares during the last quarter. Ergoteles LLC purchased a new stake in shares of Procter & Gamble in the 1st quarter valued at approximately $3,073,000. Finally, Wsfs Capital Management LLC increased its holdings in shares of Procter & Gamble by 12.0% during the 1st quarter. Wsfs Capital Management LLC now owns 4,256 shares of the company’s stock worth $650,000 after buying an additional 455 shares during the last quarter. Institutional investors and hedge funds own 63.43% of the company’s stock.

Procter & Gamble Trading Up 0.4 %

Shares of NYSE:PG opened at $154.05 on Tuesday. The company has a market cap of $363.14 billion, a PE ratio of 26.11, a P/E/G ratio of 3.50 and a beta of 0.42. The company’s 50 day moving average is $153.35 and its two-hundred day moving average is $150.37. The Procter & Gamble Company has a 52 week low of $122.18 and a 52 week high of $158.38. The company has a current ratio of 0.63, a quick ratio of 0.44 and a debt-to-equity ratio of 0.53.

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

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st were paid a $0.9407 dividend. The ex-dividend date was Thursday, July 20th. This represents a $3.76 annualized dividend and a yield of 2.44%. Procter & Gamble’s dividend payout ratio is presently 63.73%.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 33,022 shares of Procter & Gamble 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 of the company’s stock, valued at $138,758.88. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 33,022 shares of the firm’s stock in a transaction 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 directly owns 888 shares of the company’s stock, valued at approximately $138,758.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andre Schulten sold 806 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $152.85, for a total transaction of $123,197.10. Following the completion of the sale, the chief financial officer now directly owns 28,373 shares of the company’s stock, valued at $4,336,813.05. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 106,607 shares of company stock valued at $16,523,793. 0.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on PG shares. Deutsche Bank Aktiengesellschaft increased their price objective on Procter & Gamble from $170.00 to $173.00 and gave the stock a “buy” rating in a research report on Monday, July 31st. JPMorgan Chase & Co. boosted their price objective on shares of Procter & Gamble from $164.00 to $172.00 in a report on Friday, July 28th. Stifel Nicolaus increased their target price on shares of Procter & Gamble from $155.00 to $161.00 in a research note on Monday, July 31st. Barclays boosted their price target on shares of Procter & Gamble from $160.00 to $166.00 and gave the company an “overweight” rating in a research note on Tuesday, August 1st. Finally, William Blair assumed coverage on Procter & Gamble in a research report on Friday, September 8th. They issued a “market perform” rating on the stock. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $164.82.

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.