Waldron Private Wealth LLC Buys 180 Shares of The Procter & Gamble Company (NYSE:PG)

Waldron Private Wealth LLC increased its position in shares of The Procter & Gamble Company (NYSE:PG) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,517 shares of the company’s stock after purchasing an additional 180 shares during the quarter. Waldron Private Wealth LLC’s holdings in Procter & Gamble were worth $7,128,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Everett Harris & Co. CA lifted its holdings in shares of Procter & Gamble by 1.1% during the 4th quarter. Everett Harris & Co. CA now owns 56,071 shares of the company’s stock worth $9,400,000 after acquiring an additional 632 shares during the period. Clear Creek Financial Management LLC raised its position in Procter & Gamble by 7.0% during the fourth quarter. Clear Creek Financial Management LLC now owns 5,664 shares of the company’s stock valued at $950,000 after purchasing an additional 370 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in Procter & Gamble during the fourth quarter worth $4,261,000. Austin Private Wealth LLC boosted its holdings in shares of Procter & Gamble by 12.2% in the 4th quarter. Austin Private Wealth LLC now owns 7,368 shares of the company’s stock valued at $1,235,000 after purchasing an additional 801 shares in the last quarter. Finally, Caprock Group LLC increased its stake in shares of Procter & Gamble by 3.3% in the 4th quarter. Caprock Group LLC now owns 62,779 shares of the company’s stock valued at $10,525,000 after purchasing an additional 2,027 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

NYSE:PG opened at $165.98 on Friday. The company has a market capitalization of $389.20 billion, a PE ratio of 26.43, a P/E/G ratio of 3.73 and a beta of 0.45. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43. 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 50 day simple moving average of $168.34 and a two-hundred day simple moving average of $169.39.

Procter & Gamble (NYSE:PG) last announced its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. Procter & Gamble’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.84 earnings per share. Research analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.43%. Procter & Gamble’s payout ratio is 64.01%.

Insider Buying and Selling

In other news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the transaction, the insider now owns 11,595 shares of the company’s stock, valued at $2,002,804.35. This represents a 52.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Marc S. Pritchard sold 90,450 shares of the business’s stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the sale, the insider now directly owns 172,814 shares of the company’s stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 151,097 shares of company stock valued at $25,635,076 over the last 90 days. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on PG shares. Morgan Stanley raised their price objective on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Evercore ISI raised their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Barclays upped their price objective on shares of Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 23rd. Stifel Nicolaus raised their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Finally, Wells Fargo & Company upped their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Eight equities research 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, the company currently has a consensus 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.