Trexquant Investment LP Trims Position in The Procter & Gamble Company (NYSE:PG)

Trexquant Investment LP trimmed its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 42.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,220 shares of the company's stock after selling 38,055 shares during the quarter. Trexquant Investment LP's holdings in Procter & Gamble were worth $8,587,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. NewSquare Capital LLC increased its stake in shares of Procter & Gamble by 933.3% during the fourth quarter. NewSquare Capital LLC now owns 155 shares of the company's stock valued at $26,000 after buying an additional 140 shares during the period. Hoey Investments Inc. raised its holdings in shares of Procter & Gamble by 321.7% in the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after purchasing an additional 148 shares in the last quarter. LFA Lugano Financial Advisors SA purchased a new stake in shares of Procter & Gamble in the 4th quarter worth approximately $34,000. Atlantic Private Wealth LLC boosted its stake in shares of Procter & Gamble by 95.3% during the fourth quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock valued at $35,000 after purchasing an additional 101 shares in the last quarter. Finally, Prudent Man Investment Management Inc. bought a new position in Procter & Gamble in the fourth quarter worth approximately $38,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Stifel Nicolaus increased their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday, March 27th. UBS Group reaffirmed a "buy" rating on shares of Procter & Gamble in a research report on Monday, February 10th. Finally, Wells Fargo & Company raised their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Procter & Gamble has a consensus rating of "Moderate Buy" and a consensus target price of $182.00.

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Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total value of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares in the company, valued at approximately $3,829,817.68. This trade represents a 61.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction on 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 sale, the insider now directly owns 172,814 shares of the company's stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,450 shares of company stock valued at $23,988,008 over the last 90 days. Corporate insiders own 0.18% of the company's stock.

Procter & Gamble Stock Performance

PG stock traded down $3.27 during midday trading on Monday, hitting $160.48. 6,171,223 shares of the stock traded hands, compared to its average volume of 7,853,123. The stock's fifty day simple moving average is $169.17 and its 200-day simple moving average is $169.12. The firm has a market cap of $376.29 billion, a P/E ratio of 25.55, a PEG ratio of 3.76 and a beta of 0.43. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results 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. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The company had revenue of $21.88 billion during the quarter, compared to analysts' expectations of $21.66 billion. During the same quarter in the prior year, the firm posted $1.84 EPS. Procter & Gamble's quarterly revenue was up 2.1% compared to the same quarter last year. On average, analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were given a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.51%. Procter & Gamble's dividend payout ratio (DPR) is 64.01%.

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.