Asset Planning Services Inc. LA ADV Reduces Position in The Procter & Gamble Company (NYSE:PG)

Asset Planning Services Inc. LA ADV decreased its position in The Procter & Gamble Company (NYSE:PG) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,084 shares of the company’s stock after selling 155 shares during the quarter. Procter & Gamble makes up 0.5% of Asset Planning Services Inc. LA ADV’s portfolio, making the stock its 26th biggest holding. Asset Planning Services Inc. LA ADV’s holdings in Procter & Gamble were worth $1,020,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Echo45 Advisors LLC lifted its holdings in Procter & Gamble by 25.9% in the fourth quarter. Echo45 Advisors LLC now owns 1,562 shares of the company’s stock valued at $258,000 after acquiring an additional 321 shares during the period. Independent Wealth Network Inc. raised its stake in shares of Procter & Gamble by 4.7% in the fourth quarter. Independent Wealth Network Inc. now owns 1,832 shares of the company’s stock worth $307,000 after buying an additional 82 shares during the period. Bartlett & CO. Wealth Management LLC lifted its position in shares of Procter & Gamble by 0.4% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,122,846 shares of the company’s stock valued at $188,245,000 after buying an additional 4,653 shares in the last quarter. GoalVest Advisory LLC increased its holdings in Procter & Gamble by 1.3% in the 4th quarter. GoalVest Advisory LLC now owns 8,581 shares of the company’s stock worth $1,439,000 after acquiring an additional 114 shares in the last quarter. Finally, Baker Ellis Asset Management LLC raised its stake in Procter & Gamble by 2.5% during the 4th quarter. Baker Ellis Asset Management LLC now owns 4,124 shares of the company’s stock worth $691,000 after acquiring an additional 100 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

NYSE:PG opened at $164.41 on Friday. The firm has a market capitalization of $387.20 billion, a price-to-earnings ratio of 26.18, a PEG ratio of 3.69 and a beta of 0.45. The Procter & Gamble Company has a 1 year low of $152.06 and a 1 year high of $180.43. The business has a 50 day simple moving average of $168.96 and a 200-day simple moving average of $169.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.55.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The business had revenue of $21.88 billion during the quarter, compared to analyst estimates of $21,657,595.49 billion. Procter & Gamble had a return on equity of 32.88% and a net margin of 18.35%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.84 EPS. Equities analysts forecast that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s payout ratio is 64.01%.

Insider Transactions at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,800 shares of the 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 approximately $2,002,804.35. This represents a 52.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 39,977 shares in the company, valued at approximately $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PG. DA Davidson reissued a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a research note on Thursday. Royal Bank of Canada reissued a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a report on Thursday. Barclays increased their target price on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday. Evercore ISI boosted their price target on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Finally, Stifel Nicolaus lifted their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $180.53.

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.