Guyasuta Investment Advisors Inc. Sells 371 Shares of The Procter & Gamble Company (NYSE:PG)

Guyasuta Investment Advisors Inc. lessened its position in shares of The Procter & Gamble Company (NYSE:PGFree Report) by 0.4% in the 4th quarter, HoldingsChannel reports. The fund owned 96,295 shares of the company’s stock after selling 371 shares during the period. Procter & Gamble makes up about 1.0% of Guyasuta Investment Advisors Inc.’s portfolio, making the stock its 28th largest holding. Guyasuta Investment Advisors Inc.’s holdings in Procter & Gamble were worth $16,144,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PG. AMF Tjanstepension AB boosted its holdings in shares of Procter & Gamble by 416.1% in the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock valued at $315,016,000 after acquiring an additional 1,466,115 shares during the last quarter. Creative Planning boosted its holdings in shares of Procter & Gamble by 3.5% in the 3rd quarter. Creative Planning now owns 1,393,443 shares of the company’s stock valued at $241,344,000 after acquiring an additional 47,551 shares during the last quarter. Swedbank AB boosted its holdings in shares of Procter & Gamble by 3.9% in the 3rd quarter. Swedbank AB now owns 1,503,647 shares of the company’s stock valued at $260,432,000 after acquiring an additional 56,583 shares during the last quarter. Greenup Street Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 5.4% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 1,689 shares of the company’s stock valued at $293,000 after acquiring an additional 87 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its holdings in shares of Procter & Gamble by 1.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 83,816 shares of the company’s stock valued at $14,517,000 after acquiring an additional 1,218 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent analyst reports. Barclays increased their price target 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. JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Evercore ISI increased their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Wells Fargo & Company increased their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, DA Davidson reaffirmed a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. Eight equities research 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 MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $180.53.

Get Our Latest Stock Report on Procter & Gamble

Procter & Gamble Trading Down 4.8 %

Shares of PG stock opened at $162.84 on Friday. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The firm has a 50-day moving average price of $166.73 and a 200 day moving average price of $169.45. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $381.84 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 3.79 and a beta of 0.45.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion during 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 revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.84 EPS. Research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio is presently 64.17%.

Insiders Place Their Bets

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

Procter & Gamble Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Procter & Gamble Company (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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