Consolidated Portfolio Review Corp Raises Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Consolidated Portfolio Review Corp lifted its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 141.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,482 shares of the company's stock after purchasing an additional 16,671 shares during the quarter. Procter & Gamble accounts for approximately 0.8% of Consolidated Portfolio Review Corp's investment portfolio, making the stock its 25th largest position. Consolidated Portfolio Review Corp's holdings in Procter & Gamble were worth $4,775,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PG. AMF Tjanstepension AB lifted its holdings in shares of Procter & Gamble by 416.1% in the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company's stock valued at $315,016,000 after acquiring an additional 1,466,115 shares during the last quarter. Brookstone Capital Management raised its position in Procter & Gamble by 1.6% during the third quarter. Brookstone Capital Management now owns 62,212 shares of the company's stock valued at $10,775,000 after purchasing an additional 953 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in shares of Procter & Gamble by 16.2% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,872 shares of the company's stock valued at $1,190,000 after purchasing an additional 960 shares during the last quarter. CWM LLC increased its position in shares of Procter & Gamble by 4.2% during the 3rd quarter. CWM LLC now owns 476,257 shares of the company's stock valued at $82,488,000 after purchasing an additional 19,121 shares during the last quarter. Finally, Abner Herrman & Brock LLC raised its holdings in Procter & Gamble by 3.4% during the 3rd quarter. Abner Herrman & Brock LLC now owns 39,827 shares of the company's stock valued at $6,898,000 after buying an additional 1,316 shares during the period. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.0 %

NYSE:PG opened at $168.96 on Friday. 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 firm has a 50-day simple moving average of $167.74 and a 200-day simple moving average of $169.41. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The firm has a market cap of $396.18 billion, a P/E ratio of 26.90, a P/E/G ratio of 3.73 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping 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 company had revenue of $21.88 billion during the quarter, compared to analyst estimates of $21.66 billion. During the same quarter in the prior year, the business earned $1.84 earnings per share. Procter & Gamble's revenue was up 2.1% on a year-over-year basis. Equities analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

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 2.38%. Procter & Gamble's dividend payout ratio is presently 64.17%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 90,450 shares of the firm's stock in a transaction on 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 sale, the insider now owns 172,814 shares of the company's stock, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction dated 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 completion of the sale, the insider now owns 11,595 shares of the company's stock, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 151,097 shares of company stock valued at $25,635,076. 0.18% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

PG has been the topic of a number of analyst reports. DA Davidson reiterated a "buy" rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. Royal Bank of Canada reiterated a "sector perform" rating and set a $164.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Stifel Nicolaus raised their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating on the stock in a research note on Thursday, January 16th. Finally, Wells Fargo & Company boosted their price objective on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and an average price target of $180.53.

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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