Atlas Capital Advisors Inc. Raises Stock Position in The Procter & Gamble Company (NYSE:PG)

Atlas Capital Advisors Inc. lifted its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 14,112.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 280,269 shares of the company's stock after purchasing an additional 278,297 shares during the quarter. Procter & Gamble comprises 6.0% of Atlas Capital Advisors Inc.'s holdings, making the stock its biggest position. Atlas Capital Advisors Inc.'s holdings in Procter & Gamble were worth $46,987,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Berkshire Asset Management LLC PA boosted its position in shares of Procter & Gamble by 0.9% during the fourth quarter. Berkshire Asset Management LLC PA now owns 236,616 shares of the company's stock worth $38,833,000 after buying an additional 2,179 shares during the period. Strategic Advisors LLC lifted its stake in Procter & Gamble by 3.4% in the 4th quarter. Strategic Advisors LLC now owns 55,912 shares of the company's stock valued at $9,374,000 after acquiring an additional 1,818 shares in the last quarter. Copley Financial Group Inc. acquired a new position in Procter & Gamble during the 3rd quarter worth approximately $668,000. Fortem Financial Group LLC bought a new position in shares of Procter & Gamble during the 4th quarter worth approximately $569,000. Finally, Richard C. Young & CO. LTD. raised its holdings in shares of Procter & Gamble by 2.1% in the fourth quarter. Richard C. Young & CO. LTD. now owns 123,853 shares of the company's stock valued at $20,764,000 after purchasing an additional 2,568 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Erste Group Bank upgraded Procter & Gamble from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Barclays reiterated an "equal weight" rating on shares of Procter & Gamble in a report on Thursday, March 27th. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a research note on Thursday, January 16th. Finally, DA Davidson reiterated a "buy" rating and set a $209.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $182.00.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares of the company's stock, valued at $28,313,845.76. This represents a 34.36 % 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 35,000 shares of Procter & Gamble stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $173.68, for a total value of $6,078,800.00. Following the sale, the chief executive officer now directly owns 22,051 shares in the company, valued at $3,829,817.68. The trade was a 61.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 143,450 shares of company stock worth $23,988,008 over the last 90 days. Insiders own 0.18% of the company's stock.

Procter & Gamble Price Performance

Shares of PG stock traded up $2.67 during trading on Thursday, hitting $172.17. The company had a trading volume of 9,389,328 shares, compared to its average volume of 6,909,108. The firm has a market capitalization of $403.71 billion, a P/E ratio of 27.42, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The stock's 50-day moving average price is $169.19 and its 200 day moving average price is $169.29. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter in the previous year, the firm earned $1.84 earnings per share. Procter & Gamble's revenue for the quarter was up 2.1% compared to the same quarter last year. Equities analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble's dividend payout ratio is presently 64.01%.

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.