Town & Country Bank & Trust CO dba First Bankers Trust CO Acquires 456 Shares of The Procter & Gamble Company (NYSE:PG)

Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 1.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,424 shares of the company’s stock after buying an additional 456 shares during the period. Procter & Gamble comprises about 1.9% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s portfolio, making the stock its 12th biggest holding. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Procter & Gamble were worth $4,933,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC acquired a new position in shares of Procter & Gamble during the 3rd quarter valued at about $33,000. Costello Asset Management INC boosted its position in Procter & Gamble by 2,142.9% during the third 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. Mendota Financial Group LLC grew its holdings in Procter & Gamble by 58.0% during the fourth 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 last quarter. Itau Unibanco Holding S.A. raised its position in shares of Procter & Gamble by 138.7% in the third quarter. Itau Unibanco Holding S.A. now owns 401 shares of the company’s stock valued at $69,000 after purchasing an additional 233 shares during the period. Finally, Hara Capital LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter worth $70,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $166.34 on Thursday. The firm has a fifty day moving average of $168.74 and a two-hundred day moving average of $169.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.55 and a current ratio of 0.76. The stock has a market capitalization of $391.74 billion, a price-to-earnings ratio of 26.49, a PEG 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 released its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.88% and a net margin of 18.35%. The business had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter in the prior year, the company posted $1.84 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. As a group, equities research 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 paid 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 payout ratio is presently 64.17%.

Insider Transactions at Procter & Gamble

In other news, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 of the company’s stock, valued at approximately $2,002,804.35. The trade was a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,097 shares of company stock valued at $25,635,076 over the last three months. 0.18% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on PG shares. Royal Bank of Canada restated a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Evercore ISI upped 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. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Stifel Nicolaus upped their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Finally, Morgan Stanley raised their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target 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.