Duncker Streett & Co. Inc. Sells 783 Shares of The Procter & Gamble Company (NYSE:PG)

Duncker Streett & Co. Inc. decreased its position in shares of The Procter & Gamble Company (NYSE:PG) by 3.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,288 shares of the company’s stock after selling 783 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Procter & Gamble were worth $3,569,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB lifted its stake in shares of Procter & Gamble by 3.9% during the 3rd quarter. Swedbank AB now owns 1,503,647 shares of the company’s stock worth $260,432,000 after purchasing an additional 56,583 shares during the last quarter. Howard Capital Management Group LLC lifted its stake in shares of Procter & Gamble by 1.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company’s stock worth $1,442,000 after purchasing an additional 82 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of Procter & Gamble by 5.8% during the 3rd quarter. Principal Securities Inc. now owns 28,627 shares of the company’s stock worth $4,958,000 after purchasing an additional 1,579 shares during the last quarter. Lebenthal Global Advisors LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth $201,000. Finally, Campbell Wealth Management purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth $266,000. Institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $164.00 price target on shares of Procter & Gamble in a research note on Thursday, January 23rd. DA Davidson restated a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. Stifel Nicolaus raised their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Finally, UBS Group restated a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.11.

Insider Activity

In related news, CEO Gary A. Coombe sold 18,000 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the completion of the transaction, the chief executive officer now directly owns 22,051 shares of the company’s stock, valued at $3,785,274.66. The trade was a 44.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction dated 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 transaction, the insider now directly owns 172,814 shares of the company’s stock, valued at approximately $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $173.84 on Friday. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The company has a market cap of $407.63 billion, a price-to-earnings ratio of 27.68, a PEG ratio of 3.76 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 business’s 50 day moving average price is $166.29 and its 200 day moving average price is $169.56.

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

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were paid a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.32%. Procter & Gamble’s payout ratio is presently 64.01%.

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.