Crews Bank & Trust Takes $1.88 Million Position in The Procter & Gamble Company (NYSE:PG)

Crews Bank & Trust acquired a new position in The Procter & Gamble Company (NYSE:PG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,208 shares of the company's stock, valued at approximately $1,879,000.

Several other large investors have also bought and sold shares of the stock. RPg Family Wealth Advisory LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at $33,000. Costello Asset Management INC grew its position in Procter & Gamble by 2,142.9% during the third quarter. Costello Asset Management INC now owns 314 shares of the company's stock valued at $54,000 after acquiring an additional 300 shares during the last quarter. Mendota Financial Group LLC increased its holdings in shares of Procter & Gamble by 58.0% in the fourth quarter. Mendota Financial Group LLC now owns 376 shares of the company's stock worth $63,000 after buying an additional 138 shares during the period. Itau Unibanco Holding S.A. increased its stake in shares of Procter & Gamble by 138.7% in the third quarter. Itau Unibanco Holding S.A. now owns 401 shares of the company's stock worth $69,000 after buying an additional 233 shares during the period. Finally, Hara Capital LLC bought a new stake in shares of Procter & Gamble in the third quarter worth about $70,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Up 1.8 %

Shares of PG traded up $2.91 during mid-day trading on Monday, hitting $168.90. 8,668,582 shares of the company's stock were exchanged, compared to its average volume of 7,440,821. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43. The company has a market cap of $396.05 billion, a PE ratio of 26.90, a P/E/G ratio of 3.73 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The company has a 50-day simple moving average of $168.34 and a 200 day simple moving average of $169.41.

Procter & Gamble (NYSE:PG - Get Free Report) last announced 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 net margin of 18.35% and a return on equity of 33.00%. The business had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. During the same quarter in the prior year, the business earned $1.84 EPS. Procter & Gamble's quarterly revenue was up 2.1% on a year-over-year basis. On average, research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share 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 given a $1.0065 dividend. The ex-dividend date is Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.38%. Procter & Gamble's dividend payout ratio is presently 64.17%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the company's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total value of $2,210,944.00. Following the completion of the transaction, the insider now owns 11,595 shares in the company, valued at $2,002,804.35. This represents a 52.47 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the 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 transaction, the insider now owns 172,814 shares of the company's stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 151,097 shares of company stock worth $25,635,076. Company insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Barclays boosted their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an "equal weight" rating in a report on Thursday, January 23rd. Wells Fargo & Company raised their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Morgan Stanley boosted their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an "overweight" rating in a research report on Monday, October 21st. Stifel Nicolaus upped their price objective on Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. Finally, Evercore ISI boosted their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an "outperform" rating in a report on Monday, October 21st. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price 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.