The Procter & Gamble Company (NYSE:PG) is Kapstone Financial Advisors LLC's 6th Largest Position

Kapstone Financial Advisors LLC lowered its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,412 shares of the company's stock after selling 1,902 shares during the quarter. Procter & Gamble accounts for 2.9% of Kapstone Financial Advisors LLC's holdings, making the stock its 6th largest holding. Kapstone Financial Advisors LLC's holdings in Procter & Gamble were worth $5,222,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Exencial Wealth Advisors LLC grew its stake in shares of Procter & Gamble by 1.5% in the fourth quarter. Exencial Wealth Advisors LLC now owns 16,023 shares of the company's stock valued at $2,686,000 after buying an additional 236 shares in the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in shares of Procter & Gamble by 71.9% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 996,675 shares of the company's stock worth $167,093,000 after purchasing an additional 416,872 shares in the last quarter. Synergy Investment Management LLC purchased a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $170,000. Pinion Investment Advisors LLC grew its holdings in shares of Procter & Gamble by 2.6% in the fourth quarter. Pinion Investment Advisors LLC now owns 5,768 shares of the company's stock valued at $967,000 after purchasing an additional 147 shares in the last quarter. Finally, Bahl & Gaynor Inc. lifted its holdings in Procter & Gamble by 1.0% during the 4th quarter. Bahl & Gaynor Inc. now owns 4,161,084 shares of the company's stock worth $697,606,000 after buying an additional 39,774 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

Shares of PG stock traded up $1.65 during midday trading on Wednesday, hitting $174.83. The company had a trading volume of 6,472,515 shares, compared to its average volume of 6,334,328. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. 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's 50 day simple moving average is $166.52 and its 200 day simple moving average is $169.65. The stock has a market cap of $409.95 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 3.76 and a beta of 0.45.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $21.66 billion. During the same period in the previous year, the company posted $1.84 EPS. Procter & Gamble's revenue was up 2.1% compared to the same quarter last year. Research analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Friday, January 24th. Procter & Gamble's dividend payout ratio is presently 64.01%.

Insiders Place Their Bets

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm's 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 completion of the sale, the insider now owns 172,814 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 35,000 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the transaction, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,829,817.68. This trade represents a 61.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 143,450 shares of company stock worth $23,988,008. Company insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. UBS Group restated a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Piper Sandler cut their price target on Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating on the stock in a research note on Monday, February 24th. Stifel Nicolaus upped their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research report on Thursday, January 23rd. Finally, Barclays raised their target price on Procter & Gamble from $155.00 to $159.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 23rd. Seven equities research 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's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $181.11.

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.