The Procter & Gamble Company (NYSE:PG) Shares Bought by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC grew its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 171.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,796 shares of the company's stock after buying an additional 9,973 shares during the period. Horst & Graben Wealth Management LLC's holdings in Procter & Gamble were worth $2,648,000 as of its most recent SEC filing.

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

Procter & Gamble Price Performance

NYSE PG traded up $2.91 on Monday, reaching $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 stock has a market cap of $396.05 billion, a PE ratio of 26.90, a PEG ratio of 3.73 and a beta of 0.45. 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's 50 day moving average is $168.34 and its two-hundred day moving average is $169.41. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter in the previous year, the firm posted $1.84 EPS. The business's revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts predict that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

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

Insider Activity at Procter & Gamble

In related news, insider Balaji Purushothaman sold 12,800 shares of the business'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 sale, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. The trade was a 52.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the stock in a transaction that occurred 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 sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 151,097 shares of company stock worth $25,635,076 in the last ninety days. Company insiders own 0.18% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PG shares. Barclays lifted their price objective 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. Stifel Nicolaus lifted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. DA Davidson reissued a "buy" rating and set a $209.00 price target on shares of Procter & Gamble in a research report on Thursday, January 23rd. Wells Fargo & Company raised their price objective on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Finally, Morgan Stanley increased their price objective on Procter & Gamble from $174.00 to $191.00 and gave the company an "overweight" rating in a research report on Monday, October 21st. 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's stock. According to data from MarketBeat.com, the company has an average 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.