Nia Impact Advisors LLC Decreases Stock Position in The Procter & Gamble Company (NYSE:PG)

Nia Impact Advisors LLC cut its holdings in The Procter & Gamble Company (NYSE:PG) by 0.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,977 shares of the company’s stock after selling 302 shares during the period. Procter & Gamble comprises about 2.5% of Nia Impact Advisors LLC’s holdings, making the stock its 11th largest position. Nia Impact Advisors LLC’s holdings in Procter & Gamble were worth $6,923,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. HighPoint Advisor Group LLC purchased a new position in Procter & Gamble in the 4th quarter valued at about $17,696,000. V Square Quantitative Management LLC lifted its holdings in Procter & Gamble by 29.0% in the 1st quarter. V Square Quantitative Management LLC now owns 43,202 shares of the company’s stock valued at $7,010,000 after purchasing an additional 9,716 shares in the last quarter. Bayesian Capital Management LP lifted its holdings in Procter & Gamble by 43.0% in the 4th quarter. Bayesian Capital Management LP now owns 52,840 shares of the company’s stock valued at $7,743,000 after purchasing an additional 15,900 shares in the last quarter. Steele Capital Management Inc. purchased a new position in Procter & Gamble in the 1st quarter valued at about $204,000. Finally, Gilbert & Cook Inc. lifted its holdings in Procter & Gamble by 7.7% in the 4th quarter. Gilbert & Cook Inc. now owns 17,215 shares of the company’s stock valued at $2,523,000 after purchasing an additional 1,237 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Jon R. Moeller sold 72,174 shares of the stock in a transaction that occurred on Friday, August 9th. The stock was sold at an average price of $171.01, for a total transaction of $12,342,475.74. Following the completion of the transaction, the chief executive officer now directly owns 263,158 shares in the company, valued at approximately $45,002,649.58. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CEO Jon R. Moeller sold 72,174 shares of the firm’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $171.01, for a total transaction of $12,342,475.74. Following the transaction, the chief executive officer now directly owns 263,158 shares in the company, valued at $45,002,649.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction, the insider now owns 11,537 shares in the company, valued at $1,902,451.30. The disclosure for this sale can be found here. In the last three months, insiders sold 375,553 shares of company stock worth $63,829,141. 0.17% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on PG shares. JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $181.00 to $179.00 and set an “overweight” rating on the stock in a report on Wednesday, July 31st. DZ Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a report on Thursday, August 29th. Stifel Nicolaus increased their price objective on shares of Procter & Gamble from $157.00 to $161.00 and gave the stock a “hold” rating in a report on Monday, July 22nd. Royal Bank of Canada increased their price objective on shares of Procter & Gamble from $157.00 to $164.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 31st. Finally, Dbs Bank lowered shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 1st. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $175.79.

Procter & Gamble Stock Up 0.4 %

Shares of NYSE:PG opened at $174.08 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.51. The Procter & Gamble Company has a 52-week low of $141.45 and a 52-week high of $177.94. The company has a 50 day moving average of $169.38 and a two-hundred day moving average of $165.21. The company has a market capitalization of $410.85 billion, a price-to-earnings ratio of 28.44, a price-to-earnings-growth ratio of 3.77 and a beta of 0.41.

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

Procter & Gamble Dividend Announcement

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

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.