Cambridge Trust Co. Has $51.52 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Cambridge Trust Co. lifted its position in The Procter & Gamble Company (NYSE:PG – Get Rating) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 339,928 shares of the company’s stock after acquiring an additional 987 shares during the quarter. Procter & Gamble accounts for 2.3% of Cambridge Trust Co.’s portfolio, making the stock its 6th largest position. Cambridge Trust Co.’s holdings in Procter & Gamble were worth $51,519,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Axiom Financial Strategies LLC lifted its holdings in Procter & Gamble by 7.0% during the 1st quarter. Axiom Financial Strategies LLC now owns 1,728 shares of the company’s stock valued at $276,000 after buying an additional 113 shares in the last quarter. AMI Investment Management Inc. lifted its holdings in Procter & Gamble by 7.2% during the 1st quarter. AMI Investment Management Inc. now owns 3,461 shares of the company’s stock valued at $529,000 after buying an additional 233 shares in the last quarter. LSV Asset Management lifted its holdings in Procter & Gamble by 5.7% during the 1st quarter. LSV Asset Management now owns 18,600 shares of the company’s stock valued at $2,842,000 after buying an additional 1,000 shares in the last quarter. Ergoteles LLC bought a new stake in Procter & Gamble during the 1st quarter valued at about $3,073,000. Finally, Wsfs Capital Management LLC lifted its holdings in Procter & Gamble by 12.0% during the 1st quarter. Wsfs Capital Management LLC now owns 4,256 shares of the company’s stock valued at $650,000 after buying an additional 455 shares in the last quarter. Institutional investors own 62.13% of the company’s stock.

Procter & Gamble Stock Up 0.0 %

NYSE:PG opened at $142.93 on Friday. The company has a market cap of $337.19 billion, a PE ratio of 25.08, a P/E/G ratio of 3.90 and a beta of 0.40. The Procter & Gamble Company has a twelve month low of $122.18 and a twelve month high of $164.90. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47. The company’s 50 day moving average is $141.73 and its two-hundred day moving average is $140.63.

Procter & Gamble (NYSE:PG – Get Rating) last released its earnings results on Thursday, January 19th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.01. The company had revenue of $20.77 billion for the quarter, compared to the consensus estimate of $20.75 billion. Procter & Gamble had a net margin of 17.79% and a return on equity of 32.03%. Procter & Gamble’s revenue was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.66 EPS. Analysts anticipate that The Procter & Gamble Company will post 5.84 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Stockholders of record on Friday, January 20th were issued a $0.9133 dividend. This represents a $3.65 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Thursday, January 19th. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.04%.

Insider Activity

In other news, CEO Jon R. Moeller sold 2,151 shares of the company’s stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the sale, the chief executive officer now directly owns 226,748 shares of the company’s stock, valued at approximately $31,141,570.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Jon R. Moeller sold 2,151 shares of the business’s stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the completion of the transaction, the chief executive officer now directly owns 226,748 shares in the company, valued at approximately $31,141,570.32. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 435 shares of the business’s stock in a transaction on Friday, February 3rd. The shares were sold at an average price of $141.82, for a total transaction of $61,691.70. Following the completion of the transaction, the insider now owns 10,840 shares of the company’s stock, valued at $1,537,328.80. The disclosure for this sale can be found here. Insiders have sold 4,766 shares of company stock valued at $656,511 in the last ninety days. Insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on PG shares. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $150.00 to $155.00 in a report on Friday, March 3rd. Wolfe Research assumed coverage on shares of Procter & Gamble in a report on Monday, November 21st. They issued an “outperform” rating and a $156.00 price target for the company. Raymond James boosted their price target on shares of Procter & Gamble from $165.00 to $170.00 and gave the company an “outperform” rating in a report on Friday, January 13th. Barclays reduced their price target on shares of Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating for the company in a report on Monday, January 23rd. Finally, Jefferies Financial Group boosted their price target on shares of Procter & Gamble from $149.00 to $164.00 in a report on Tuesday, November 22nd. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.67.

About Procter & Gamble

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.