The Procter & Gamble Company (NYSE:PG) Shares Sold by Coston McIsaac & Partners

Coston McIsaac & Partners lessened its stake in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,120 shares of the company's stock after selling 1,900 shares during the period. Procter & Gamble accounts for 2.1% of Coston McIsaac & Partners' portfolio, making the stock its 10th largest holding. Coston McIsaac & Partners' holdings in Procter & Gamble were worth $7,060,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of PG. Busey Bank grew its stake in Procter & Gamble by 0.7% during the fourth quarter. Busey Bank now owns 185,984 shares of the company's stock worth $31,180,000 after buying an additional 1,265 shares during the last quarter. First Affirmative Financial Network increased its holdings in Procter & Gamble by 16.6% during the 4th quarter. First Affirmative Financial Network now owns 9,833 shares of the company's stock valued at $1,648,000 after purchasing an additional 1,399 shares in the last quarter. Abel Hall LLC raised its position in Procter & Gamble by 17.9% in the 4th quarter. Abel Hall LLC now owns 1,810 shares of the company's stock valued at $303,000 after purchasing an additional 275 shares during the last quarter. Synergy Asset Management LLC boosted its stake in Procter & Gamble by 107.1% in the fourth quarter. Synergy Asset Management LLC now owns 6,433 shares of the company's stock worth $1,090,000 after purchasing an additional 3,327 shares in the last quarter. Finally, Baron Wealth Management LLC increased its stake in shares of Procter & Gamble by 4.5% in the fourth quarter. Baron Wealth Management LLC now owns 6,292 shares of the company's stock valued at $1,055,000 after buying an additional 270 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 12,800 shares of the company's stock in a transaction on 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 sale, the insider now directly owns 11,595 shares in the company, valued at approximately $2,002,804.35. The trade was a 52.47 % 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 in the last 90 days. Corporate insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on PG shares. UBS Group dropped their target price on Procter & Gamble from $196.00 to $189.00 and set a "buy" rating for the company in a research report on Thursday, January 16th. Royal Bank of Canada reissued a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. Barclays upped their target price on Procter & Gamble from $155.00 to $159.00 and gave the company an "equal weight" rating in a research report on Thursday, January 23rd. Wells Fargo & Company increased their target price on Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Finally, Evercore ISI boosted their target price on Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a research note on Monday, October 21st. Eight 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 company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $180.53.

Procter & Gamble Stock Performance

PG traded up $2.91 on Monday, hitting $168.90. The company's stock had a trading volume of 8,668,582 shares, compared to its average volume of 7,440,821. The Procter & Gamble Company has a 12 month low of $153.52 and a 12 month high of $180.43. The firm has a market cap of $396.05 billion, a P/E ratio of 26.90, a price-to-earnings-growth ratio of 3.73 and a beta of 0.45. 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 company's 50 day simple moving average is $168.34 and its 200-day simple moving average is $169.41.

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

Procter & Gamble Dividend Announcement

The firm 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 dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date is Friday, January 24th. Procter & Gamble's dividend payout ratio (DPR) is presently 64.17%.

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.