Heck Capital Advisors LLC Buys Shares of 25,415 The Procter & Gamble Company (NYSE:PG)

Heck Capital Advisors LLC bought a new position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 25,415 shares of the company's stock, valued at approximately $4,261,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Acorn Creek Capital LLC boosted its stake in Procter & Gamble by 2.8% in the third quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company's stock worth $376,000 after purchasing an additional 59 shares in the last quarter. Patrick M Sweeney & Associates Inc. increased its position in shares of Procter & Gamble by 1.1% in the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company's stock valued at $963,000 after buying an additional 59 shares in the last quarter. Traveka Wealth LLC lifted its holdings in shares of Procter & Gamble by 1.7% during the 3rd quarter. Traveka Wealth LLC now owns 3,554 shares of the company's stock valued at $616,000 after purchasing an additional 60 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its holdings in shares of Procter & Gamble by 0.7% in the third quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,699 shares of the company's stock valued at $1,507,000 after buying an additional 61 shares during the period. Finally, Valued Wealth Advisors LLC raised its stake in shares of Procter & Gamble by 11.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 605 shares of the company's stock valued at $105,000 after purchasing an additional 61 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares of the company's stock, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares in the company, valued at $7,189,463.68. This represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 151,097 shares of company stock worth $25,635,076 over the last ninety days. Company insiders own 0.18% of the company's stock.

Procter & Gamble Price Performance

Procter & Gamble stock traded down $1.51 during midday trading on Tuesday, reaching $167.25. The company's stock had a trading volume of 537,627 shares, compared to its average volume of 7,119,466. 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 simple moving average is $168.34 and its 200 day simple moving average is $169.41. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43. The firm has a market capitalization of $392.18 billion, a PE ratio of 26.68, a P/E/G ratio of 3.73 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) 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 firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. During the same period last year, the company earned $1.84 EPS. The firm's quarterly revenue was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.41%. Procter & Gamble's dividend payout ratio (DPR) is 64.17%.

Analysts Set New Price Targets

Several research analysts have recently commented on PG shares. Evercore ISI raised their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. Morgan Stanley boosted their price objective on Procter & Gamble from $174.00 to $191.00 and gave the company an "overweight" rating in a report on Monday, October 21st. DA Davidson reaffirmed a "buy" rating and set a $209.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. UBS Group dropped their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a "buy" rating on the stock in a research note on Thursday, January 16th. Finally, Barclays increased their price target on shares of Procter & Gamble from $155.00 to $159.00 and gave the stock an "equal weight" rating in a report on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $180.53.

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.