The Procter & Gamble Company (NYSE:PG) Shares Purchased by Liberty One Investment Management LLC

Liberty One Investment Management LLC raised its position in The Procter & Gamble Company (NYSE:PG) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,257 shares of the company’s stock after buying an additional 2,600 shares during the quarter. Procter & Gamble makes up approximately 3.2% of Liberty One Investment Management LLC’s portfolio, making the stock its 7th biggest position. Liberty One Investment Management LLC’s holdings in Procter & Gamble were worth $29,549,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in PG. Itau Unibanco Holding S.A. acquired a new position in Procter & Gamble during the second quarter worth about $28,000. RPg Family Wealth Advisory LLC acquired a new position in shares of Procter & Gamble in the third quarter worth $33,000. Costello Asset Management INC increased its holdings in shares of Procter & Gamble by 2,142.9% during the 3rd quarter. Costello Asset Management INC now owns 314 shares of the company’s stock worth $54,000 after purchasing an additional 300 shares during the period. William B. Walkup & Associates Inc. bought a new position in Procter & Gamble in the second quarter worth $58,000. Finally, Mendota Financial Group LLC grew its stake in shares of Procter & Gamble by 58.0% in the 4th quarter. Mendota Financial Group LLC now owns 376 shares of the company’s stock valued at $63,000 after purchasing an additional 138 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the completion of the transaction, the insider now directly owns 11,566 shares of the company’s stock, valued at approximately $1,954,538.34. This represents a 52.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO R. Alexandra Keith sold 1,992 shares of the stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $170.00, for a total value of $338,640.00. Following the transaction, the chief executive officer now owns 13,783 shares of the company’s stock, valued at $2,343,110. The trade was a 12.63 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 75,439 shares of company stock valued at $13,317,460. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

PG stock opened at $161.35 on Monday. The company has a market capitalization of $379.98 billion, a P/E ratio of 27.82, a PEG ratio of 3.41 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The Procter & Gamble Company has a 52-week low of $146.28 and a 52-week high of $180.43. The company has a fifty day moving average price of $169.19 and a 200-day moving average price of $169.42.

Procter & Gamble (NYSE:PG) last released its quarterly 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. The firm had revenue of $21.74 billion during the quarter, compared to analyst estimates 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 was down .6% compared to the same quarter last year. During the same quarter last year, the business earned $1.83 EPS. As a group, equities analysts expect that The Procter & Gamble Company will post 6.93 EPS for the current year.

Procter & Gamble Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s dividend payout ratio is 69.31%.

Analyst Ratings Changes

A number of equities research analysts recently commented on PG shares. DA Davidson reaffirmed a “buy” rating and set a $209.00 price objective on shares of Procter & Gamble in a research note on Friday, December 27th. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. UBS Group lowered their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a report on Thursday. Morgan Stanley boosted their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Finally, Barclays reduced their price target on Procter & Gamble from $163.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Friday. Eight equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and a consensus target price of $179.65.

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.