The Procter & Gamble Company (NYSE:PG) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. grew its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 8.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 241,210 shares of the company's stock after buying an additional 18,618 shares during the period. Pacer Advisors Inc.'s holdings in Procter & Gamble were worth $41,778,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Acorn Creek Capital LLC raised its position in Procter & Gamble by 2.8% in the 3rd quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company's stock worth $376,000 after buying an additional 59 shares during the last quarter. Patrick M Sweeney & Associates Inc. grew its stake in shares of Procter & Gamble by 1.1% during the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company's stock valued at $963,000 after purchasing an additional 59 shares during the period. Hudson Value Partners LLC grew its stake in shares of Procter & Gamble by 4.1% during the 2nd quarter. Hudson Value Partners LLC now owns 1,516 shares of the company's stock valued at $250,000 after purchasing an additional 60 shares during the period. Traveka Wealth LLC grew its stake in shares of Procter & Gamble by 1.7% during the 3rd quarter. Traveka Wealth LLC now owns 3,554 shares of the company's stock valued at $616,000 after purchasing an additional 60 shares during the period. Finally, Fiduciary Alliance LLC grew its stake in shares of Procter & Gamble by 2.8% during the 2nd quarter. Fiduciary Alliance LLC now owns 2,261 shares of the company's stock valued at $371,000 after purchasing an additional 61 shares during the period. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Up 2.5 %

NYSE:PG traded up $4.38 during midday trading on Friday, hitting $177.13. 3,843,217 shares of the company traded hands, compared to its average volume of 6,659,877. The firm's fifty day moving average is $170.00 and its 200-day moving average is $168.54. The Procter & Gamble Company has a 12-month low of $142.50 and a 12-month high of $177.94. The firm has a market capitalization of $417.15 billion, a P/E ratio of 30.42, a P/E/G ratio of 3.69 and a beta of 0.42. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The company had revenue of $21.74 billion for the quarter, compared to analyst estimates of $21.99 billion. During the same quarter in the prior year, the firm posted $1.83 EPS. Procter & Gamble's quarterly revenue was down .6% compared to the same quarter last year. On average, sell-side analysts predict that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Friday, October 18th were paid a $1.0065 dividend. The ex-dividend date of this dividend was Friday, October 18th. This represents a $4.03 annualized dividend and a yield of 2.27%. Procter & Gamble's dividend payout ratio (DPR) is presently 69.48%.

Insider Buying and Selling at Procter & Gamble

In other news, CFO Andre Schulten sold 13,041 shares of the business's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $170.00, for a total transaction of $2,216,970.00. Following the sale, the chief financial officer now owns 37,208 shares in the company, valued at approximately $6,325,360. The trade was a 25.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan Street Whaley sold 634 shares of the business's stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $171.65, for a total value of $108,826.10. Following the sale, the insider now owns 19,341 shares in the company, valued at $3,319,882.65. The trade was a 3.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 160,693 shares of company stock worth $27,311,345 over the last quarter. Insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PG. JPMorgan Chase & Co. boosted their price target on Procter & Gamble from $179.00 to $186.00 and gave the company an "overweight" rating in a research note on Thursday, September 19th. StockNews.com downgraded Procter & Gamble from a "buy" rating to a "hold" rating in a research note on Thursday, August 1st. Barclays downgraded Procter & Gamble from an "overweight" rating to an "equal weight" rating and set a $163.00 price objective for the company. in a research note on Monday, September 30th. Wells Fargo & Company boosted their price objective on Procter & Gamble from $188.00 to $190.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Wolfe Research upgraded Procter & Gamble to a "strong-buy" rating in a research note on Friday, August 23rd. Nine research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $178.00.

About Procter & Gamble

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.