The Procter & Gamble Company (NYSE:PG) Shares Sold by Five Oceans Advisors

Five Oceans Advisors decreased its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 44.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,246 shares of the company's stock after selling 1,805 shares during the period. Five Oceans Advisors' holdings in Procter & Gamble were worth $377,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. AMF Tjanstepension AB raised its holdings in Procter & Gamble by 416.1% in the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company's stock worth $315,016,000 after purchasing an additional 1,466,115 shares in the last quarter. Czech National Bank lifted its stake in shares of Procter & Gamble by 6.6% during the third quarter. Czech National Bank now owns 479,545 shares of the company's stock worth $83,057,000 after buying an additional 29,799 shares during the period. GAMMA Investing LLC grew its stake in Procter & Gamble by 32.3% during the 3rd quarter. GAMMA Investing LLC now owns 35,455 shares of the company's stock valued at $6,141,000 after purchasing an additional 8,652 shares during the last quarter. WealthBridge Capital Management LLC boosted its position in Procter & Gamble by 5.5% in the third quarter. WealthBridge Capital Management LLC now owns 8,821 shares of the company's stock valued at $1,528,000 after buying an additional 460 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV increased its stake in shares of Procter & Gamble by 0.9% in the third quarter. Azzad Asset Management Inc. ADV now owns 54,693 shares of the company's stock worth $9,473,000 after acquiring an additional 492 shares during the period. Institutional investors own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PG. Wells Fargo & Company lifted their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating on the stock in a report on Thursday, January 16th. UBS Group cut their price objective on shares of Procter & Gamble from $196.00 to $189.00 and set a "buy" rating for the company in a report on Thursday, January 16th. Finally, Evercore ISI upped their price target on Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and an average target price of $180.53.

Procter & Gamble Price Performance

NYSE PG traded up $2.91 during trading hours on Monday, hitting $168.90. 8,668,582 shares of the company's stock traded hands, compared to its average volume of 7,440,821. 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 firm's 50-day moving average is $168.34 and its 200-day moving average is $169.41. 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 capitalization of $396.05 billion, a PE ratio of 26.90, a PEG ratio of 3.73 and a beta of 0.45.

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 the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion during the quarter, compared to analysts' expectations of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.84 earnings per share. Equities analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be given a dividend of $1.0065 per share. The ex-dividend date is Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.38%. Procter & Gamble's payout ratio is 64.17%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total transaction 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 $2,002,804.35. This trade represents a 52.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 approximately $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 151,097 shares of company stock valued at $25,635,076. 0.18% of the stock is owned by company insiders.

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.