Viewpoint Capital Management LLC Has $3.49 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Viewpoint Capital Management LLC increased its holdings in The Procter & Gamble Company (NYSE:PG) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,817 shares of the company’s stock after acquiring an additional 1,076 shares during the period. Procter & Gamble comprises 1.8% of Viewpoint Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Viewpoint Capital Management LLC’s holdings in Procter & Gamble were worth $3,490,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital Advisors Inc. OK lifted its stake in Procter & Gamble by 2.6% during the 4th quarter. Capital Advisors Inc. OK now owns 322,979 shares of the company’s stock valued at $54,147,000 after acquiring an additional 8,290 shares in the last quarter. Certuity LLC lifted its position in shares of Procter & Gamble by 5.8% during the fourth quarter. Certuity LLC now owns 14,409 shares of the company’s stock valued at $2,416,000 after purchasing an additional 784 shares in the last quarter. Community Financial Services Group LLC lifted its position in shares of Procter & Gamble by 2.5% during the 4th quarter. Community Financial Services Group LLC now owns 43,339 shares of the company’s stock worth $7,266,000 after buying an additional 1,037 shares in the last quarter. Beacon Financial Group lifted its holdings in Procter & Gamble by 2.5% during the fourth quarter. Beacon Financial Group now owns 9,305 shares of the company’s stock worth $1,560,000 after acquiring an additional 224 shares during the period. Finally, Signet Investment Advisory Group Inc. boosted its position in Procter & Gamble by 0.7% in the fourth quarter. Signet Investment Advisory Group Inc. now owns 22,404 shares of the company’s stock worth $3,756,000 after purchasing an additional 158 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In related news, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the sale, the insider now owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. This represents a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 151,097 shares of company stock worth $25,635,076. 0.18% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PG. Morgan Stanley raised their target price on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Stifel Nicolaus raised their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, UBS Group dropped their price objective on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday, January 16th. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.53.

Procter & Gamble Trading Up 1.2 %

Shares of PG stock opened at $169.53 on Wednesday. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. The business’s fifty day moving average is $167.06 and its 200 day moving average is $169.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a market capitalization of $397.52 billion, a PE ratio of 26.99, a price-to-earnings-growth ratio of 3.79 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% 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 quarter last year, the company posted $1.84 EPS. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be paid a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.37%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.17%.

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.