Annex Advisory Services LLC Increases Stake in The Procter & Gamble Company (NYSE:PG)

Annex Advisory Services LLC boosted its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,215 shares of the company's stock after acquiring an additional 1,712 shares during the quarter. Annex Advisory Services LLC's holdings in Procter & Gamble were worth $5,736,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Itau Unibanco Holding S.A. bought a new position in Procter & Gamble in the 2nd quarter worth approximately $28,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Procter & Gamble in the third quarter worth $33,000. Costello Asset Management INC boosted its position in shares of Procter & Gamble by 2,142.9% during the third quarter. Costello Asset Management INC now owns 314 shares of the company's stock worth $54,000 after acquiring an additional 300 shares during the last quarter. William B. Walkup & Associates Inc. bought a new stake in Procter & Gamble in the 2nd quarter valued at $58,000. Finally, Mendota Financial Group LLC lifted its stake in Procter & Gamble by 58.0% in the 4th quarter. Mendota Financial Group LLC now owns 376 shares of the company's stock worth $63,000 after purchasing an additional 138 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Insider Activity

In other news, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the sale, the chief executive officer now directly owns 39,977 shares of the company's stock, valued at $7,189,463.68. This represents a 54.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the transaction, the insider now owns 11,595 shares in the company, valued at $2,002,804.35. This trade represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,447 shares of company stock worth $12,978,820. Insiders own 0.18% of the company's stock.

Procter & Gamble Stock Up 0.4 %

Shares of PG stock traded up $0.64 on Tuesday, hitting $161.77. The stock had a trading volume of 13,904,402 shares, compared to its average volume of 7,422,382. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a one year low of $146.28 and a one year high of $180.43. The business has a 50 day moving average price of $169.09 and a 200 day moving average price of $169.44. The company has a market cap of $380.96 billion, a PE ratio of 27.89, a P/E/G ratio of 3.63 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.03. The firm had revenue of $21.74 billion during the quarter, compared to analysts' expectations of $21.99 billion. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company's revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.83 EPS. Research analysts anticipate that The Procter & Gamble Company will post 6.92 earnings per share 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. Shareholders of record on Friday, January 24th will be issued a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.49%. Procter & Gamble's dividend payout ratio is presently 69.48%.

Wall Street Analyst Weigh In

A number of research analysts have 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 report on Monday, October 21st. UBS Group cut their price target on Procter & Gamble from $196.00 to $189.00 and set a "buy" rating for the company in a report on Thursday, January 16th. Barclays lowered their target price on Procter & Gamble from $163.00 to $155.00 and set an "equal weight" rating for the company in a research report on Friday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $164.00 price target on shares of Procter & Gamble in a research note on Monday, October 21st. Finally, Wells Fargo & Company dropped their price target on Procter & Gamble from $190.00 to $176.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. Eight research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $179.65.

Procter & Gamble 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.