2,825 Shares in The Procter & Gamble Company (NYSE:PG) Bought by Flywheel Private Wealth LLC

Flywheel Private Wealth LLC bought a new position in The Procter & Gamble Company (NYSE:PG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,825 shares of the company's stock, valued at approximately $474,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Acorn Creek Capital LLC lifted its position in shares of Procter & Gamble by 2.8% during the third quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company's stock worth $376,000 after acquiring an additional 59 shares in the last quarter. Patrick M Sweeney & Associates Inc. raised its stake in shares of Procter & Gamble by 1.1% during the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company's stock valued at $963,000 after purchasing an additional 59 shares during the period. Traveka Wealth LLC lifted its holdings in Procter & Gamble by 1.7% during the 3rd quarter. Traveka Wealth LLC now owns 3,554 shares of the company's stock worth $616,000 after purchasing an additional 60 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its stake in Procter & Gamble by 0.7% in the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,699 shares of the company's stock worth $1,507,000 after purchasing an additional 61 shares during the period. Finally, Valued Wealth Advisors LLC grew its holdings in Procter & Gamble by 11.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 605 shares of the company's stock valued at $105,000 after buying an additional 61 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Trading Up 0.5 %

Shares of NYSE:PG traded up $0.85 on Friday, reaching $161.35. 6,575,171 shares of the company traded hands, compared to its average volume of 6,575,379. The stock has a market capitalization of $379.98 billion, a P/E ratio of 27.82, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45. The business's 50-day simple moving average is $169.32 and its 200 day simple moving average is $169.39. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a 52 week low of $146.28 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business had revenue of $21.74 billion for the quarter, compared to analyst estimates of $21.99 billion. During the same period last year, the company earned $1.83 EPS. Procter & Gamble's revenue for the quarter was down .6% compared to the same quarter last year. As a group, equities analysts anticipate that The Procter & Gamble Company will post 6.93 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Friday, January 24th. Procter & Gamble's dividend payout ratio is 69.48%.

Insider Activity at Procter & Gamble

In related news, CEO R. Alexandra Keith sold 1,992 shares of the business's stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $170.00, for a total transaction of $338,640.00. Following the transaction, the chief executive officer now owns 13,783 shares in the company, valued at $2,343,110. The trade was a 12.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary A. Coombe sold 47,847 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer now owns 39,977 shares of the company's stock, valued at approximately $7,189,463.68. This represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 75,439 shares of company stock worth $13,317,460 in the last three months. 0.18% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on PG. Barclays cut their price objective on shares of Procter & Gamble from $163.00 to $155.00 and set an "equal weight" rating for the company in a research report on Friday. Hsbc Global Res upgraded shares of Procter & Gamble to a "strong-buy" rating in a research report on Friday, October 4th. UBS Group decreased their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a "buy" rating on the stock in a report on Thursday. Stifel Nicolaus reduced their target price on Procter & Gamble from $167.00 to $161.00 and set a "hold" rating for the company in a research report on Friday. Finally, Evercore ISI raised their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an "outperform" rating in a report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of "Moderate Buy" and a consensus target price of $179.65.

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.