Procter & Gamble Co (NYSE:PG) insider Juan Fernando Posada sold 1,068 shares of the business’s stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $93.66, for a total transaction of $100,028.88. Following the transaction, the insider now owns 26,739 shares of the company’s stock, valued at $2,504,374.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Juan Fernando Posada also recently made the following trade(s):

  • On Monday, November 12th, Juan Fernando Posada sold 30,000 shares of Procter & Gamble stock. The shares were sold at an average price of $92.79, for a total transaction of $2,783,700.00.

Shares of NYSE:PG opened at $93.55 on Friday. The firm has a market cap of $235.23 billion, a PE ratio of 22.17, a P/E/G ratio of 3.06 and a beta of 0.37. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.80 and a quick ratio of 0.62. Procter & Gamble Co has a 52-week low of $70.73 and a 52-week high of $94.86.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 19th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.03. Procter & Gamble had a net margin of 15.10% and a return on equity of 21.20%. The company had revenue of $16.69 billion during the quarter, compared to the consensus estimate of $16.45 billion. During the same period in the prior year, the business earned $1.09 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. On average, sell-side analysts anticipate that Procter & Gamble Co will post 4.41 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Investors of record on Friday, October 19th were paid a $0.7172 dividend. The ex-dividend date was Thursday, October 18th. This represents a $2.87 annualized dividend and a dividend yield of 3.07%. Procter & Gamble’s dividend payout ratio is 68.01%.

Several brokerages have recently issued reports on PG. Jefferies Financial Group reiterated a “hold” rating and set a $86.00 price target on shares of Procter & Gamble in a report on Friday, November 9th. TD Securities reiterated a “hold” rating on shares of Procter & Gamble in a report on Thursday, November 8th. Bank of America upped their price target on shares of Procter & Gamble from $92.00 to $95.00 and gave the stock a “neutral” rating in a report on Tuesday, November 6th. ValuEngine upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Zacks Investment Research upgraded shares of Procter & Gamble from a “sell” rating to a “hold” rating in a report on Wednesday, October 24th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $88.38.

Institutional investors have recently modified their holdings of the stock. Blackhawk Capital Partners LLC. boosted its position in Procter & Gamble by 2.3% during the third quarter. Blackhawk Capital Partners LLC. now owns 24,279 shares of the company’s stock valued at $2,021,000 after acquiring an additional 547 shares during the last quarter. Grand Jean Capital Management Inc. boosted its position in Procter & Gamble by 4.6% during the third quarter. Grand Jean Capital Management Inc. now owns 12,577 shares of the company’s stock valued at $1,047,000 after acquiring an additional 548 shares during the last quarter. Peak Asset Management LLC boosted its position in Procter & Gamble by 2.3% during the third quarter. Peak Asset Management LLC now owns 25,119 shares of the company’s stock valued at $2,091,000 after acquiring an additional 556 shares during the last quarter. Motco boosted its position in Procter & Gamble by 20.0% during the third quarter. Motco now owns 3,353 shares of the company’s stock valued at $279,000 after acquiring an additional 558 shares during the last quarter. Finally, Wagner Wealth Management LLC boosted its position in shares of Procter & Gamble by 9.4% during the 3rd quarter. Wagner Wealth Management LLC now owns 6,566 shares of the company’s stock worth $546,000 after purchasing an additional 566 shares in the last quarter. 58.78% of the stock is currently owned by institutional investors.

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About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

Further Reading: Coverage Ratio

Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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