BDO Wealth Advisors LLC lessened its position in Procter & Gamble Co (NYSE:PG) by 22.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,207 shares of the company’s stock after selling 1,759 shares during the quarter. BDO Wealth Advisors LLC’s holdings in Procter & Gamble were worth $565,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Asset Planning Services Ltd. raised its holdings in Procter & Gamble by 0.4% in the 2nd quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after acquiring an additional 5 shares during the period. Harding Loevner LP bought a new position in Procter & Gamble in the 2nd quarter worth $119,000. Kohmann Bosshard Financial Services LLC bought a new position in Procter & Gamble in the 3rd quarter worth $125,000. Blume Capital Management Inc. raised its holdings in Procter & Gamble by 25.4% in the 2nd quarter. Blume Capital Management Inc. now owns 1,482 shares of the company’s stock worth $129,000 after acquiring an additional 300 shares during the period. Finally, Legacy Advisors LLC bought a new position in Procter & Gamble in the 3rd quarter worth $174,000. Hedge funds and other institutional investors own 59.94% of the company’s stock.

Shares of Procter & Gamble Co (NYSE PG) opened at $79.92 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. The stock has a market cap of $202,750.00, a price-to-earnings ratio of 21.31, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51. Procter & Gamble Co has a 12-month low of $78.59 and a 12-month high of $94.67.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.05. The company had revenue of $17.40 billion for the quarter, compared to analyst estimates of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period last year, the business posted $1.08 EPS. sell-side analysts predict that Procter & Gamble Co will post 4.2 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, January 19th will be given a dividend of $0.6896 per share. The ex-dividend date is Thursday, January 18th. This represents a $2.76 annualized dividend and a dividend yield of 3.45%. Procter & Gamble’s dividend payout ratio (DPR) is currently 73.60%.

In other news, insider Carolyn M. Tastad sold 5,300 shares of Procter & Gamble stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $89.18, for a total transaction of $472,654.00. Following the sale, the insider now directly owns 57,191 shares in the company, valued at approximately $5,100,293.38. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider R. Alexandra Keith sold 1,298 shares of Procter & Gamble stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the sale, the insider now owns 20,135 shares in the company, valued at $1,794,229.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 75,981 shares of company stock worth $6,739,389. 0.35% of the stock is owned by company insiders.

Several research analysts recently commented on PG shares. Royal Bank of Canada reiterated a “buy” rating on shares of Procter & Gamble in a report on Monday, October 23rd. Vetr upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $93.02 target price on the stock in a report on Monday, October 23rd. Deutsche Bank started coverage on shares of Procter & Gamble in a report on Wednesday, December 13th. They issued a “buy” rating and a $101.00 target price on the stock. Jefferies Group reiterated a “buy” rating and issued a $88.23 target price (down previously from $99.00) on shares of Procter & Gamble in a report on Thursday, November 16th. Finally, Zacks Investment Research upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price target on the stock in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $88.38.

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Procter & Gamble Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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