TD Waterhouse Canada Inc. Has $82.88 Million Stake in The Procter & Gamble Company (NYSE:PG)

TD Waterhouse Canada Inc. increased its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 6.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 494,279 shares of the company's stock after purchasing an additional 31,319 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Procter & Gamble were worth $82,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PG. Howard Capital Management Group LLC raised its stake in Procter & Gamble by 1.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company's stock valued at $1,442,000 after purchasing an additional 82 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Procter & Gamble by 14.7% in the 3rd quarter. Principal Financial Group Inc. now owns 4,734,588 shares of the company's stock valued at $820,031,000 after purchasing an additional 608,168 shares during the period. Garden State Investment Advisory Services LLC acquired a new stake in shares of Procter & Gamble during the third quarter worth approximately $201,000. Invst LLC grew its holdings in shares of Procter & Gamble by 0.7% during the 3rd quarter. Invst LLC now owns 15,889 shares of the company's stock valued at $2,752,000 after acquiring an additional 103 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth about $1,632,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

NYSE:PG traded down $2.22 during mid-day trading on Wednesday, hitting $165.66. The company's stock had a trading volume of 9,307,451 shares, compared to its average volume of 7,043,904. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The stock has a fifty day moving average of $168.25 and a 200-day moving average of $168.45. The company has a market capitalization of $388.46 billion, a price-to-earnings ratio of 26.38, a P/E/G ratio of 3.76 and a beta of 0.43. The Procter & Gamble Company has a fifty-two week low of $156.69 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The firm had revenue of $21.88 billion during the quarter, compared to analyst estimates of $21.66 billion. During the same period in the prior year, the company posted $1.84 earnings per share. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, equities analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, April 21st will be given a $1.0568 dividend. The ex-dividend date is Monday, April 21st. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 dividend on an annualized basis and a yield of 2.55%. Procter & Gamble's payout ratio is 67.20%.

Insiders Place Their Bets

In other news, CEO Gary A. Coombe sold 18,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total value of $3,089,880.00. Following the completion of the sale, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,785,274.66. This trade represents a 44.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 143,450 shares of company stock valued at $23,988,008. 0.18% of the stock is currently owned by insiders.

Analysts Set New Price Targets

PG has been the topic of several analyst reports. Erste Group Bank raised shares of Procter & Gamble from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Stifel Nicolaus boosted their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Barclays reiterated an "equal weight" rating on shares of Procter & Gamble in a report on Thursday, March 27th. UBS Group restated a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Finally, Wells Fargo & Company lifted their price objective on 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, thirteen have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $181.50.

Procter & Gamble Company Profile

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.