The Procter & Gamble Company (NYSE:PG) is V Square Quantitative Management LLC's 9th Largest Position

V Square Quantitative Management LLC lifted its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 9.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 46,270 shares of the company's stock after acquiring an additional 3,977 shares during the period. Procter & Gamble makes up approximately 1.2% of V Square Quantitative Management LLC's investment portfolio, making the stock its 9th largest holding. V Square Quantitative Management LLC's holdings in Procter & Gamble were worth $8,014,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Itau Unibanco Holding S.A. purchased a new stake in shares of Procter & Gamble during the second quarter worth about $28,000. Fairway Wealth LLC purchased a new stake in Procter & Gamble in the second quarter valued at approximately $29,000. Ruedi Wealth Management Inc. boosted its position in Procter & Gamble by 64.7% in the first quarter. Ruedi Wealth Management Inc. now owns 196 shares of the company's stock valued at $32,000 after buying an additional 77 shares during the last quarter. POM Investment Strategies LLC purchased a new stake in Procter & Gamble in the second quarter valued at approximately $34,000. Finally, Quest Partners LLC purchased a new stake in Procter & Gamble in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analyst Ratings Changes

PG has been the topic of a number of recent research reports. Barclays lowered Procter & Gamble from an "overweight" rating to an "equal weight" rating and set a $163.00 target price on the stock. in a research report on Monday, September 30th. DA Davidson reiterated a "neutral" rating and issued a $159.00 target price on shares of Procter & Gamble in a research report on Tuesday. Hsbc Global Res upgraded Procter & Gamble to a "strong-buy" rating in a research report on Friday, October 4th. Deutsche Bank Aktiengesellschaft boosted their price target on Procter & Gamble from $171.00 to $176.00 and gave the company a "buy" rating in a report on Wednesday, July 17th. Finally, TD Cowen assumed coverage on Procter & Gamble in a report on Tuesday, July 23rd. They issued a "buy" rating and a $189.00 price target for the company. Nine analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $176.21.

Procter & Gamble Price Performance

Shares of PG stock traded down $1.00 during trading hours on Friday, hitting $171.28. 8,371,771 shares of the company's stock were exchanged, compared to its average volume of 6,692,838. The firm has a 50 day moving average of $171.75 and a two-hundred day moving average of $167.04. The Procter & Gamble Company has a fifty-two week low of $142.50 and a fifty-two week high of $177.94. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.51. The firm has a market cap of $404.23 billion, a P/E ratio of 28.45, a P/E/G ratio of 3.74 and a beta of 0.41.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.46% and a net margin of 17.71%. The firm had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. During the same period in the prior year, the company earned $1.83 EPS. The firm's revenue was down .6% compared to the same quarter last year. Sell-side analysts forecast that The Procter & Gamble Company will post 6.97 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.35%. The ex-dividend date is Friday, October 18th. Procter & Gamble's dividend payout ratio is currently 66.94%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 8,842 shares of the company's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $164.90, for a total value of $1,458,045.80. Following the completion of the sale, the insider now directly owns 11,537 shares in the company, valued at $1,902,451.30. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Jon R. Moeller sold 37,240 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $168.89, for a total transaction of $6,289,463.60. Following the completion of the transaction, the chief executive officer now directly owns 263,537 shares in the company, valued at approximately $44,508,763.93. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Balaji Purushothaman sold 8,842 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $164.90, for a total value of $1,458,045.80. Following the transaction, the insider now owns 11,537 shares of the company's stock, valued at approximately $1,902,451.30. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 383,194 shares of company stock valued at $65,140,718. 0.18% of the stock is owned by insiders.

Procter & Gamble Company Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.