IQ EQ FUND MANAGEMENT IRELAND Ltd Has $6.59 Million Holdings in The Procter & Gamble Company (NYSE:PG)

IQ EQ FUND MANAGEMENT IRELAND Ltd lessened its position in The Procter & Gamble Company (NYSE:PG - Free Report) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,303 shares of the company's stock after selling 1,962 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in Procter & Gamble were worth $6,589,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PG. Lakeridge Wealth Management LLC lifted its stake in Procter & Gamble by 0.6% in the fourth quarter. Lakeridge Wealth Management LLC now owns 10,807 shares of the company's stock valued at $1,812,000 after buying an additional 60 shares in the last quarter. Colton Groome Financial Advisors LLC lifted its position in Procter & Gamble by 3.2% in the 4th quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company's stock valued at $334,000 after acquiring an additional 62 shares in the last quarter. Tevis Investment Management boosted its stake in Procter & Gamble by 0.6% in the 4th quarter. Tevis Investment Management now owns 11,633 shares of the company's stock worth $1,950,000 after purchasing an additional 65 shares during the period. Dakota Community Bank & Trust NA increased its holdings in Procter & Gamble by 3.3% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,078 shares of the company's stock worth $348,000 after purchasing an additional 66 shares in the last quarter. Finally, Alhambra Investment Management LLC lifted its holdings in shares of Procter & Gamble by 1.2% in the fourth quarter. Alhambra Investment Management LLC now owns 5,785 shares of the company's stock valued at $970,000 after purchasing an additional 66 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Several research firms have commented on PG. UBS Group restated a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Royal Bank of Canada restated a "sector perform" rating and set a $164.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. DA Davidson reaffirmed a "buy" rating and issued a $209.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Finally, Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday. Seven investment analysts have rated the stock with a hold rating, twelve have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $181.82.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 35,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the completion of the sale, the chief executive officer now owns 22,051 shares of the company's stock, valued at approximately $3,829,817.68. This represents a 61.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $14,819,328.00. Following the completion of the transaction, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,450 shares of company stock valued at $23,988,008 in the last quarter. Company insiders own 0.18% of the company's stock.

Procter & Gamble Stock Performance

PG stock traded down $0.77 during mid-day trading on Friday, hitting $167.94. 5,479,125 shares of the company were exchanged, compared to its average volume of 6,889,318. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. The business has a 50 day simple moving average of $168.60 and a 200-day simple moving average of $169.35. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $393.80 billion, a PE ratio of 26.74, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. The business 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 firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $1.84 EPS. On average, equities analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.40%. The ex-dividend date was Friday, January 24th. Procter & Gamble's dividend payout ratio (DPR) is 64.01%.

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.