The Procter & Gamble Company (NYSE:PG) Shares Bought by Campbell Wealth Management

Campbell Wealth Management grew its position in The Procter & Gamble Company (NYSE:PG) by 69.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,599 shares of the company’s stock after acquiring an additional 1,062 shares during the period. Campbell Wealth Management’s holdings in Procter & Gamble were worth $436,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at $33,000. Bay Harbor Wealth Management LLC raised its holdings in Procter & Gamble by 972.0% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 268 shares of the company’s stock worth $45,000 after purchasing an additional 243 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in Procter & Gamble in the fourth quarter valued at $46,000. Costello Asset Management INC boosted its position in shares of Procter & Gamble by 2,142.9% in the 3rd quarter. Costello Asset Management INC now owns 314 shares of the company’s stock valued at $54,000 after purchasing an additional 300 shares during the period. Finally, DecisionPoint Financial LLC increased its holdings in shares of Procter & Gamble by 46.7% in the 4th quarter. DecisionPoint Financial LLC now owns 330 shares of the company’s stock valued at $55,000 after acquiring an additional 105 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Evercore ISI increased their price target on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. DA Davidson reiterated a “buy” rating and set a $209.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Barclays lifted their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 23rd. Morgan Stanley upped their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Finally, UBS Group lowered their price objective on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Eight investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Stock Up 0.9 %

Shares of NYSE PG opened at $171.15 on Friday. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. The stock has a market cap of $401.33 billion, a P/E ratio of 27.25, a P/E/G ratio of 3.79 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The firm has a 50 day moving average price of $166.83 and a 200 day moving average price of $169.44.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 EPS. Analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be paid a dividend of $1.0065 per share. The ex-dividend date is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.35%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

Procter & Gamble 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.