Share on StockTwits

The Procter & Gamble Company (NYSE:PG) Insider Marc S. Pritchard unloaded 35,282 shares of the stock on the open market in a transaction dated Friday, August 8th. The shares were sold at an average price of $80.86, for a total transaction of $2,852,902.52. Following the transaction, the insider now directly owns 104,481 shares of the company’s stock, valued at approximately $8,448,334. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

The Procter & Gamble Company (NYSE:PG) traded up 0.77% on Monday, hitting $81.575. 7,406,268 shares of the company’s stock traded hands. The Procter & Gamble Company has a one year low of $73.61 and a one year high of $85.82. The stock has a 50-day moving average of $79.91 and a 200-day moving average of $79.73. The company has a market cap of $228.7 billion and a P/E ratio of 20.20.

The Procter & Gamble Company (NYSE:PG) last released its earnings data on Friday, August 1st. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.48 billion. During the same quarter in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was down .7% on a year-over-year basis. Analysts expect that The Procter & Gamble Company will post $4.46 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, August 15th. Investors of record on Friday, July 18th will be given a dividend of $0.6436 per share. This represents a $2.57 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend is Wednesday, July 16th.

PG has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of The Procter & Gamble Company in a research note on Tuesday, August 5th. They now have a $83.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of The Procter & Gamble Company in a research note on Monday, August 4th. They now have a $94.00 price target on the stock, up previously from $92.00. Finally, analysts at Wells Fargo & Co. downgraded shares of The Procter & Gamble Company from an “outperform” rating to a “market perform” rating in a research note on Friday, July 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $86.57.

The Procter & Gamble Company (NYSE:PG) is focused on providing consumer packaged goods.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.