The Procter & Gamble Company (NYSE:PG) Shares Bought by Whittier Trust Co.

Whittier Trust Co. raised its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 309,645 shares of the company's stock after buying an additional 21,473 shares during the period. Whittier Trust Co.'s holdings in Procter & Gamble were worth $51,911,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Swedbank AB raised its stake in Procter & Gamble by 3.9% in the third quarter. Swedbank AB now owns 1,503,647 shares of the company's stock valued at $260,432,000 after buying an additional 56,583 shares in the last quarter. Howard Capital Management Group LLC grew its holdings in shares of Procter & Gamble by 1.0% during the third quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company's stock worth $1,442,000 after buying an additional 82 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Procter & Gamble by 14.7% during the third quarter. Principal Financial Group Inc. now owns 4,734,588 shares of the company's stock worth $820,031,000 after buying an additional 608,168 shares during the last quarter. United Bank boosted its holdings in Procter & Gamble by 1.7% in the 3rd quarter. United Bank now owns 13,367 shares of the company's stock valued at $2,315,000 after purchasing an additional 219 shares in the last quarter. Finally, Quest Partners LLC boosted its holdings in Procter & Gamble by 3,831.2% in the 3rd quarter. Quest Partners LLC now owns 8,688 shares of the company's stock valued at $1,505,000 after purchasing an additional 8,467 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

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Procter & Gamble Stock Down 0.6 %

PG stock traded down $0.95 during trading on Friday, reaching $166.60. The stock had a trading volume of 16,010,070 shares, compared to its average volume of 6,480,086. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. 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 company has a market capitalization of $390.66 billion, a P/E ratio of 26.53, a PEG ratio of 3.76 and a beta of 0.41. The firm has a fifty day moving average price of $167.97 and a 200 day moving average price of $169.65.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm's revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.84 EPS. On average, equities analysts anticipate 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 paid a $1.0065 dividend. The ex-dividend date was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. Procter & Gamble's dividend payout ratio (DPR) is presently 64.01%.

Insider Activity

In related news, insider Marc S. Pritchard sold 90,450 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the sale, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 35,000 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the completion of the transaction, the chief executive officer now directly owns 22,051 shares in the company, valued at $3,829,817.68. This represents a 61.35 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 143,450 shares of company stock worth $23,988,008. 0.18% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on PG shares. Barclays lifted their price objective on Procter & Gamble from $155.00 to $159.00 and gave the company an "equal weight" rating in a report on Thursday, January 23rd. DA Davidson restated a "buy" rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. Wells Fargo & Company boosted their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Erste Group Bank upgraded Procter & Gamble from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Finally, Stifel Nicolaus boosted their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $181.47.

Procter & Gamble 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.