Buttonwood Financial Advisors Inc. Lowers Stake in The Procter & Gamble Company (NYSE:PG)

Buttonwood Financial Advisors Inc. trimmed its position in The Procter & Gamble Company (NYSE:PG) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,095 shares of the company’s stock after selling 307 shares during the quarter. Buttonwood Financial Advisors Inc.’s holdings in Procter & Gamble were worth $1,189,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of PG. Cornerstone Wealth Group LLC lifted its position in Procter & Gamble by 3.5% during the fourth quarter. Cornerstone Wealth Group LLC now owns 55,150 shares of the company’s stock valued at $9,246,000 after buying an additional 1,886 shares in the last quarter. waypoint wealth counsel lifted its holdings in shares of Procter & Gamble by 5.4% during the 4th quarter. waypoint wealth counsel now owns 1,378 shares of the company’s stock valued at $231,000 after acquiring an additional 70 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in Procter & Gamble during the 4th quarter worth $50,049,000. Apexium Financial LP raised its position in Procter & Gamble by 23.9% in the fourth quarter. Apexium Financial LP now owns 4,822 shares of the company’s stock valued at $808,000 after purchasing an additional 931 shares during the period. Finally, Capital Asset Advisory Services LLC lifted its stake in shares of Procter & Gamble by 2.5% during the fourth quarter. Capital Asset Advisory Services LLC now owns 39,079 shares of the company’s stock worth $6,453,000 after purchasing an additional 953 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on PG shares. JPMorgan Chase & Co. dropped their target price on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Wells Fargo & Company boosted their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Evercore ISI lifted their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research note on Monday, October 21st. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.53.

Insider Buying and Selling at Procter & Gamble

In related news, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total value of $2,210,944.00. Following the sale, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. This trade represents a 52.47 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,097 shares of company stock worth $25,635,076. 0.18% of the stock is owned by company insiders.

Procter & Gamble Stock Down 1.9 %

NYSE:PG opened at $166.35 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average of $168.83 and a 200-day moving average of $169.42. The firm has a market capitalization of $390.07 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 3.69 and a beta of 0.45. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.88% and a net margin of 18.35%. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. During the same period last year, the company earned $1.84 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. Analysts predict that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.42%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is 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.