Kieckhefer Group LLC Takes $235,000 Position in The Procter & Gamble Company (NYSE:PG)

Kieckhefer Group LLC acquired a new stake in The Procter & Gamble Company (NYSE:PG) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,400 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Capital Investment Advisors LLC lifted its stake in Procter & Gamble by 0.5% in the fourth quarter. Capital Investment Advisors LLC now owns 209,706 shares of the company’s stock worth $35,157,000 after acquiring an additional 1,092 shares during the period. Fiduciary Alliance LLC increased its position in shares of Procter & Gamble by 169.1% during the fourth quarter. Fiduciary Alliance LLC now owns 12,845 shares of the company’s stock valued at $2,153,000 after buying an additional 8,072 shares during the period. Clark & Stuart Inc purchased a new stake in Procter & Gamble in the fourth quarter worth about $1,398,000. Aprio Wealth Management LLC boosted its position in Procter & Gamble by 13.3% during the 4th quarter. Aprio Wealth Management LLC now owns 9,509 shares of the company’s stock valued at $1,594,000 after acquiring an additional 1,119 shares in the last quarter. Finally, Czech National Bank grew its holdings in shares of Procter & Gamble by 6.5% during the 4th quarter. Czech National Bank now owns 510,620 shares of the company’s stock worth $85,605,000 after acquiring an additional 31,075 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Morgan Stanley lifted their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Evercore ISI lifted their price target on Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Royal Bank of Canada reissued a “sector perform” rating and set a $164.00 price objective on shares of Procter & Gamble in a research report 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, Wells Fargo & Company lowered their price objective on Procter & Gamble from $190.00 to $176.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $179.75.

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $168.99, for a total value of $2,163,072.00. Following the completion of the sale, the insider now owns 11,566 shares of the company’s stock, valued at approximately $1,954,538.34. This trade represents a 52.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 75,439 shares of company stock worth $13,317,460. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Trading Up 0.1 %

Shares of NYSE:PG traded up $0.09 during trading on Monday, reaching $158.65. 2,137,947 shares of the company were exchanged, compared to its average volume of 6,157,047. 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 firm has a market capitalization of $373.63 billion, a PE ratio of 27.35, a P/E/G ratio of 3.70 and a beta of 0.45. The business’s fifty day simple moving average is $169.64 and its 200-day simple moving average is $169.61. The Procter & Gamble Company has a 12-month low of $146.28 and a 12-month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company had revenue of $21.74 billion for the quarter, compared to analysts’ expectations of $21.99 billion. During the same period in the prior year, the business earned $1.83 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. On average, research analysts anticipate that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble 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.