Aureus Asset Management LLC Sells 2,192 Shares of The Procter & Gamble Company (NYSE:PG)

Aureus Asset Management LLC lowered its position in The Procter & Gamble Company (NYSE:PG) by 15.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,693 shares of the company’s stock after selling 2,192 shares during the period. Aureus Asset Management LLC’s holdings in Procter & Gamble were worth $2,025,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Boston Partners raised its position in Procter & Gamble by 2.8% in the 1st quarter. Boston Partners now owns 33,483 shares of the company’s stock worth $5,433,000 after purchasing an additional 902 shares during the last quarter. Eastover Investment Advisors LLC raised its position in Procter & Gamble by 0.9% in the 2nd quarter. Eastover Investment Advisors LLC now owns 42,572 shares of the company’s stock worth $6,978,000 after purchasing an additional 395 shares during the last quarter. Olistico Wealth LLC raised its position in Procter & Gamble by 5.9% in the 2nd quarter. Olistico Wealth LLC now owns 3,575 shares of the company’s stock worth $590,000 after purchasing an additional 200 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in Procter & Gamble by 30.8% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 25,345 shares of the company’s stock worth $4,180,000 after purchasing an additional 5,962 shares during the last quarter. Finally, Astoria Portfolio Advisors LLC. raised its position in Procter & Gamble by 4.6% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 6,917 shares of the company’s stock worth $1,141,000 after purchasing an additional 307 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In related news, insider Susan Street Whaley sold 634 shares of the company’s stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $171.65, for a total value of $108,826.10. Following the transaction, the insider now owns 19,341 shares in the company, valued at approximately $3,319,882.65. This represents a 3.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO R. Alexandra Keith sold 1,992 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total transaction of $338,640.00. Following the completion of the transaction, the chief executive officer now owns 13,783 shares in the company, valued at approximately $2,343,110. This trade represents a 12.63 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 35,233 shares of company stock valued at $6,024,234. 0.18% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have commented on PG. Wolfe Research raised shares of Procter & Gamble to a “strong-buy” rating in a report on Friday, August 23rd. DA Davidson raised shares of Procter & Gamble from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $160.00 to $209.00 in a report on Monday, November 25th. Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $188.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Morgan Stanley lifted their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Finally, DZ Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a report on Thursday, August 29th. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $180.45.

Procter & Gamble Trading Down 0.1 %

Shares of NYSE:PG opened at $179.26 on Monday. The company’s 50-day moving average price is $170.48 and its two-hundred day moving average price is $169.11. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The Procter & Gamble Company has a one year low of $142.50 and a one year high of $180.43. The stock has a market capitalization of $422.16 billion, a PE ratio of 30.91, a price-to-earnings-growth ratio of 3.86 and a beta of 0.42.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.90 by $0.03. The firm had revenue of $21.74 billion for the quarter, compared to analysts’ expectations of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.83 EPS. On average, equities analysts forecast that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Friday, October 18th were issued a $1.0065 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.25%. Procter & Gamble’s payout ratio is 69.48%.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.