ST Germain D J Co. Inc. Acquires 11,730 Shares of The Procter & Gamble Company (NYSE:PG)

ST Germain D J Co. Inc. boosted its position in The Procter & Gamble Company (NYSE:PG - Free Report) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 206,896 shares of the company's stock after purchasing an additional 11,730 shares during the period. Procter & Gamble accounts for about 1.6% of ST Germain D J Co. Inc.'s portfolio, making the stock its 11th biggest holding. ST Germain D J Co. Inc.'s holdings in Procter & Gamble were worth $34,686,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in shares of Procter & Gamble by 19,030.8% in the third quarter. International Assets Investment Management LLC now owns 3,693,593 shares of the company's stock valued at $639,730,000 after buying an additional 3,674,286 shares during the period. Wulff Hansen & CO. boosted its holdings in Procter & Gamble by 16,292.0% in the second quarter. Wulff Hansen & CO. now owns 3,675,902 shares of the company's stock valued at $606,230,000 after acquiring an additional 3,653,477 shares during the last quarter. Geode Capital Management LLC increased its position in Procter & Gamble by 7.0% during the 3rd quarter. Geode Capital Management LLC now owns 55,204,776 shares of the company's stock valued at $9,538,327,000 after purchasing an additional 3,619,466 shares during the period. Franklin Resources Inc. raised its holdings in Procter & Gamble by 10.2% during the 3rd quarter. Franklin Resources Inc. now owns 18,988,721 shares of the company's stock worth $3,290,573,000 after purchasing an additional 1,760,214 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Procter & Gamble in the 3rd quarter worth approximately $301,950,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $164.00 price objective on shares of Procter & Gamble in a research report on Monday, October 21st. Wells Fargo & Company lowered their price objective on Procter & Gamble from $190.00 to $176.00 and set an "overweight" rating for the company in a research report on Tuesday. DA Davidson restated a "buy" rating and set a $209.00 target price on shares of Procter & Gamble in a research report on Friday, December 27th. Evercore ISI lifted their target price on Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. Finally, Barclays lowered Procter & Gamble from an "overweight" rating to an "equal weight" rating and set a $163.00 price target on the stock. in a research note on Monday, September 30th. Eight investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and a consensus target price of $179.75.

Procter & Gamble Stock Down 2.1 %

Shares of NYSE:PG traded down $3.37 during mid-day trading on Friday, hitting $158.73. 8,500,651 shares of the company traded hands, compared to its average volume of 6,840,373. The stock has a market cap of $373.82 billion, a P/E ratio of 27.37, a P/E/G ratio of 3.70 and a beta of 0.45. The stock has a 50-day moving average price of $169.64 and a two-hundred day moving average price of $169.57. The Procter & Gamble Company has a 12-month low of $146.28 and a 12-month high of $180.43. 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 posted its earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The firm had revenue of $21.74 billion during the quarter, compared to analyst estimates of $21.99 billion. During the same quarter in the prior year, the business posted $1.83 EPS. The business's revenue was down .6% compared to the same quarter last year. On average, equities research analysts forecast that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Insider Buying and Selling at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the completion of the transaction, the insider now directly owns 11,566 shares of the company's stock, valued at $1,954,538.34. This represents a 52.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the completion of the sale, the chief executive officer now directly owns 39,977 shares in the company, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 75,439 shares of company stock worth $13,317,460. Insiders own 0.18% of the company's stock.

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.