Triodos Investment Management BV increased its holdings in Procter & Gamble Co (NYSE:PG) by 0.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,955 shares of the company’s stock after buying an additional 1,655 shares during the period. Procter & Gamble comprises about 5.8% of Triodos Investment Management BV’s holdings, making the stock its 4th largest position. Triodos Investment Management BV’s holdings in Procter & Gamble were worth $22,756,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Krane Funds Advisors LLC purchased a new position in Procter & Gamble in the 2nd quarter worth approximately $25,000. Camarda Financial Advisors LLC grew its position in Procter & Gamble by 59.2% during the second quarter. Camarda Financial Advisors LLC now owns 269 shares of the company’s stock worth $29,000 after buying an additional 100 shares in the last quarter. Lucia Wealth Services LLC acquired a new stake in Procter & Gamble during the third quarter worth approximately $29,000. Selective Wealth Management Inc. acquired a new stake in Procter & Gamble during the third quarter worth approximately $35,000. Finally, Dougherty Wealth Advisers LLC grew its position in Procter & Gamble by 250.0% during the second quarter. Dougherty Wealth Advisers LLC now owns 350 shares of the company’s stock worth $38,000 after buying an additional 250 shares in the last quarter. Institutional investors and hedge funds own 65.62% of the company’s stock.
PG has been the topic of a number of analyst reports. TheStreet raised Procter & Gamble from a “c+” rating to a “b+” rating in a research report on Tuesday, October 22nd. Stifel Nicolaus set a $117.00 price target on Procter & Gamble and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Macquarie increased their price target on Procter & Gamble from $132.00 to $138.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. UBS Group raised their target price on Procter & Gamble from $122.00 to $126.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, Royal Bank of Canada reaffirmed a “neutral” rating and issued a $89.00 target price on shares of Procter & Gamble in a report on Tuesday, July 30th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. Procter & Gamble currently has an average rating of “Hold” and a consensus target price of $116.71.
Shares of NYSE PG traded up $0.08 during mid-day trading on Friday, hitting $119.70. 4,181,176 shares of the stock traded hands, compared to its average volume of 7,798,948. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.72 and a quick ratio of 0.54. Procter & Gamble Co has a twelve month low of $86.74 and a twelve month high of $125.77. The company has a market cap of $296.51 billion, a PE ratio of 26.48, a price-to-earnings-growth ratio of 3.23 and a beta of 0.42. The firm has a 50 day simple moving average of $121.95 and a two-hundred day simple moving average of $115.01.
Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.13. The company had revenue of $17.80 billion for the quarter, compared to the consensus estimate of $17.43 billion. Procter & Gamble had a return on equity of 25.07% and a net margin of 6.24%. Procter & Gamble’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $1.12 EPS. On average, equities research analysts anticipate that Procter & Gamble Co will post 4.93 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 18th will be given a $0.7459 dividend. This represents a $2.98 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Thursday, October 17th. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.93%.
In other Procter & Gamble news, VP Valarie L. Sheppard sold 1,259 shares of Procter & Gamble stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $120.36, for a total transaction of $151,533.24. Following the completion of the transaction, the vice president now owns 26,094 shares in the company, valued at approximately $3,140,673.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Valarie L. Sheppard sold 1,729 shares of Procter & Gamble stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $119.80, for a total value of $207,134.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,645,966 shares of company stock valued at $202,229,770. Corporate insiders own 1.75% of the company’s stock.
About Procter & Gamble
The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.
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