O Shaughnessy Asset Management LLC Grows Stock Holdings in The Procter & Gamble Company (NYSE:PG)

O Shaughnessy Asset Management LLC grew its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 432,699 shares of the company's stock after acquiring an additional 32,960 shares during the quarter. Procter & Gamble comprises about 0.6% of O Shaughnessy Asset Management LLC's portfolio, making the stock its 25th biggest position. O Shaughnessy Asset Management LLC's holdings in Procter & Gamble were worth $72,542,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Howard Capital Management Group LLC increased its holdings in shares of Procter & Gamble by 1.0% during the third quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company's stock valued at $1,442,000 after acquiring an additional 82 shares in the last quarter. Principal Financial Group Inc. grew its position in Procter & Gamble by 14.7% during the 3rd quarter. Principal Financial Group Inc. now owns 4,734,588 shares of the company's stock worth $820,031,000 after purchasing an additional 608,168 shares during the last quarter. United Bank raised its holdings in shares of Procter & Gamble by 1.7% in the third quarter. United Bank now owns 13,367 shares of the company's stock worth $2,315,000 after buying an additional 219 shares during the last quarter. Algert Global LLC acquired a new stake in shares of Procter & Gamble during the third quarter worth $824,000. Finally, Cynosure Group LLC purchased a new stake in shares of Procter & Gamble during the third quarter valued at $328,000. 65.77% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

A number of analysts have commented on PG shares. UBS Group reaffirmed a "buy" rating on shares of Procter & Gamble in a research report on Monday, February 10th. Stifel Nicolaus lifted their target price on Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Barclays reiterated an "equal weight" rating on shares of Procter & Gamble in a report on Thursday. 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. Finally, Wells Fargo & Company increased their price objective on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $181.82.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 18,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the completion of the transaction, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,785,274.66. This represents a 44.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the business's stock in a transaction dated 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 sale, the insider now owns 172,814 shares in the company, valued at approximately $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 have sold a total of 143,450 shares of company stock worth $23,988,008 in the last ninety days. Insiders own 0.18% of the company's stock.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock traded up $2.46 on Monday, reaching $170.49. The company's stock had a trading volume of 11,520,034 shares, compared to its average volume of 6,907,768. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. The company has a market capitalization of $399.78 billion, a P/E ratio of 27.15, a PEG ratio of 3.76 and a beta of 0.41. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The stock has a 50-day moving average price of $168.60 and a 200-day moving average price of $169.31.

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 for the quarter, topping analysts' consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion during the quarter, compared to analysts' expectations of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.84 earnings per share. Analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were paid a dividend of $1.0065 per share. The ex-dividend date was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.36%. Procter & Gamble's dividend payout ratio is presently 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.