1,700 Shares in The Procter & Gamble Company (NYSE:PG) Acquired by Muirfield Wealth Advisors LLC

Muirfield Wealth Advisors LLC bought a new position in The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 1,700 shares of the company's stock, valued at approximately $285,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Strategies Group Inc. grew its stake in shares of Procter & Gamble by 8.0% in the 4th quarter. Financial Strategies Group Inc. now owns 34,748 shares of the company's stock valued at $5,510,000 after buying an additional 2,574 shares during the period. Resonant Capital Advisors LLC lifted its stake in Procter & Gamble by 2.0% during the fourth quarter. Resonant Capital Advisors LLC now owns 23,937 shares of the company's stock worth $4,013,000 after purchasing an additional 476 shares in the last quarter. Financial Partners Group Inc grew its stake in shares of Procter & Gamble by 4.5% in the fourth quarter. Financial Partners Group Inc now owns 3,136 shares of the company's stock valued at $526,000 after buying an additional 136 shares in the last quarter. Catalina Capital Group LLC grew its position in Procter & Gamble by 7.2% in the 4th quarter. Catalina Capital Group LLC now owns 12,282 shares of the company's stock valued at $2,059,000 after acquiring an additional 825 shares in the last quarter. Finally, S.A. Mason LLC increased its stake in Procter & Gamble by 0.7% during the 4th quarter. S.A. Mason LLC now owns 14,201 shares of the company's stock worth $2,381,000 after buying an additional 105 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the business's 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 completion of the transaction, the insider now directly owns 11,595 shares of the company's stock, valued at $2,002,804.35. The trade was a 52.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the sale, the chief executive officer now directly owns 39,977 shares in the company, valued at $7,189,463.68. The trade was a 54.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,097 shares of company stock valued at $25,635,076 over the last 90 days. 0.18% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Evercore ISI increased their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an "outperform" rating in a research report on Monday, October 21st. Morgan Stanley lifted their target price on Procter & Gamble from $174.00 to $191.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st. UBS Group lowered their target price on shares of Procter & Gamble from $196.00 to $189.00 and set a "buy" rating on the stock in a research report on Thursday, January 16th. Barclays upped their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an "equal weight" rating in a report on Thursday, January 23rd. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and set a $164.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $180.53.

Procter & Gamble Trading Up 1.8 %

PG opened at $168.90 on Tuesday. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $396.05 billion, a P/E ratio of 26.90, a P/E/G ratio of 3.73 and a beta of 0.45. The firm's 50 day moving average is $168.34 and its 200-day moving average is $169.41.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. The company had revenue of $21.88 billion for 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%. Procter & Gamble's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 EPS. Analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared 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. This represents a $4.03 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Friday, January 24th. Procter & Gamble's dividend payout ratio is currently 64.17%.

About Procter & Gamble

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.

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