BDF Gestion Sells 7,105 Shares of The Procter & Gamble Company (NYSE:PG)

BDF Gestion trimmed its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,703 shares of the company's stock after selling 7,105 shares during the period. Procter & Gamble comprises 0.9% of BDF Gestion's portfolio, making the stock its 20th largest position. BDF Gestion's holdings in Procter & Gamble were worth $9,171,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. First Affirmative Financial Network boosted its stake in shares of Procter & Gamble by 16.6% during the 4th quarter. First Affirmative Financial Network now owns 9,833 shares of the company's stock valued at $1,648,000 after purchasing an additional 1,399 shares in the last quarter. Abel Hall LLC grew its stake in shares of Procter & Gamble by 17.9% in the fourth quarter. Abel Hall LLC now owns 1,810 shares of the company's stock worth $303,000 after acquiring an additional 275 shares during the last quarter. Synergy Asset Management LLC boosted its stake in Procter & Gamble by 107.1% during the 4th quarter. Synergy Asset Management LLC now owns 6,433 shares of the company's stock valued at $1,090,000 after purchasing an additional 3,327 shares during the last quarter. Baron Wealth Management LLC lifted its holdings in Procter & Gamble by 4.5% in the fourth quarter. Baron Wealth Management LLC now owns 6,292 shares of the company's stock valued at $1,055,000 after acquiring an additional 270 shares during the period. Finally, Strategic Planning Group LLC raised its position in Procter & Gamble by 5.1% in the fourth quarter. Strategic Planning Group LLC now owns 22,035 shares of the company's stock worth $3,694,000 after acquiring an additional 1,060 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 1.8 %

NYSE PG traded up $2.91 during trading hours on Monday, hitting $168.90. 8,668,582 shares of the company were exchanged, compared to its average volume of 7,440,821. The company has a 50 day moving average of $168.34 and a two-hundred day moving average of $169.41. The firm has a market cap of $396.05 billion, a price-to-earnings ratio of 26.90, a PEG ratio of 3.73 and a beta of 0.45. The Procter & Gamble Company has a 52-week low of $153.52 and a 52-week high of $180.43. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analysts' expectations of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.84 EPS. Equities research analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.38%. The ex-dividend date is Friday, January 24th. Procter & Gamble's payout ratio is currently 64.17%.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent analyst reports. Evercore ISI upped their target price on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a report on Monday, October 21st. Morgan Stanley raised their price target on Procter & Gamble from $174.00 to $191.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. JPMorgan Chase & Co. reduced their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a research note on Thursday, January 16th. Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company lifted their target price on Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Procter & Gamble has an average rating of "Moderate Buy" and a consensus target price of $180.53.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total transaction of $2,210,944.00. Following the sale, the insider now owns 11,595 shares of the company's stock, valued at $2,002,804.35. The trade was a 52.47 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the sale, the insider now owns 172,814 shares of the company's stock, valued at $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 sold 151,097 shares of company stock valued at $25,635,076 in the last 90 days. 0.18% of the stock is currently owned by insiders.

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.