Financial Partners Group Inc Buys 136 Shares of The Procter & Gamble Company (NYSE:PG)

Financial Partners Group Inc increased its stake in The Procter & Gamble Company (NYSE:PG) by 4.5% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,136 shares of the company’s stock after acquiring an additional 136 shares during the period. Financial Partners Group Inc’s holdings in Procter & Gamble were worth $526,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Catalina Capital Group LLC boosted its holdings in Procter & Gamble by 7.2% during the 4th quarter. Catalina Capital Group LLC now owns 12,282 shares of the company’s stock valued at $2,059,000 after acquiring an additional 825 shares during the period. S.A. Mason LLC boosted its holdings in Procter & Gamble by 0.7% in the fourth quarter. S.A. Mason LLC now owns 14,201 shares of the company’s stock valued at $2,381,000 after acquiring an additional 105 shares in the last quarter. Princeton Global Asset Management LLC raised its holdings in Procter & Gamble by 0.9% in the 4th quarter. Princeton Global Asset Management LLC now owns 27,808 shares of the company’s stock worth $4,662,000 after purchasing an additional 250 shares in the last quarter. Oregon Pacific Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at about $327,000. Finally, FSM Wealth Advisors LLC raised its stake in Procter & Gamble by 2.9% in the fourth quarter. FSM Wealth Advisors LLC now owns 5,016 shares of the company’s stock worth $805,000 after buying an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Morgan Stanley raised their target price on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Royal Bank of Canada reissued a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a research report on Thursday, January 23rd. Barclays upped their price objective on shares of Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a report on Thursday, January 23rd. Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Finally, Evercore ISI boosted their target price on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Stock Performance

PG stock opened at $168.90 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a 1 year low of $153.52 and a 1 year high of $180.43. The company has a market cap of $396.05 billion, a P/E ratio of 26.90, a price-to-earnings-growth ratio of 3.73 and a beta of 0.45. The stock’s fifty day moving average price is $168.34 and its 200-day moving average price is $169.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. The business had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.84 earnings per share. On average, equities analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.38%. Procter & Gamble’s payout ratio is currently 64.17%.

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the sale, the insider now owns 11,595 shares in the company, valued at $2,002,804.35. The trade was a 52.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the transaction, the insider now owns 172,814 shares of the company’s stock, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,097 shares of company stock worth $25,635,076. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.