Dalton Greiner Hartman Maher & Co. Has $9.40 Million Stock Holdings in Procter & Gamble Co (NYSE:PG)

Dalton Greiner Hartman Maher & Co. trimmed its holdings in shares of Procter & Gamble Co (NYSE:PG) by 8.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,232 shares of the company’s stock after selling 7,351 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in Procter & Gamble were worth $9,396,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Procter & Gamble by 1.5% in the 2nd quarter. BlackRock Inc. now owns 167,930,647 shares of the company’s stock valued at $18,413,594,000 after purchasing an additional 2,470,382 shares during the period. State Street Corp raised its holdings in shares of Procter & Gamble by 1.4% in the 3rd quarter. State Street Corp now owns 118,454,191 shares of the company’s stock valued at $14,733,332,000 after purchasing an additional 1,585,813 shares during the period. Phocas Financial Corp. raised its holdings in shares of Procter & Gamble by 999,937.0% in the 2nd quarter. Phocas Financial Corp. now owns 71,062,629 shares of the company’s stock valued at $77,920,000 after purchasing an additional 71,055,523 shares during the period. Nuveen Asset Management LLC raised its holdings in shares of Procter & Gamble by 6,899.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 18,416,894 shares of the company’s stock valued at $2,019,412,000 after purchasing an additional 18,153,758 shares during the period. Finally, Morgan Stanley raised its holdings in shares of Procter & Gamble by 9.3% in the 2nd quarter. Morgan Stanley now owns 15,597,268 shares of the company’s stock valued at $1,710,240,000 after purchasing an additional 1,332,040 shares during the period. Institutional investors own 62.74% of the company’s stock.

In other news, CEO Steven D. Bishop sold 41,165 shares of the firm’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $123.36, for a total transaction of $5,078,114.40. Following the transaction, the chief executive officer now directly owns 45,176 shares of the company’s stock, valued at $5,572,911.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ma. Fatima Francisco sold 1,729 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $122.00, for a total transaction of $210,938.00. Following the transaction, the chief executive officer now directly owns 6,856 shares in the company, valued at $836,432. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,288,513 shares of company stock worth $159,734,252. Insiders own 1.75% of the company’s stock.

A number of brokerages have recently issued reports on PG. JPMorgan Chase & Co. upped their target price on shares of Procter & Gamble from $136.00 to $139.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. Morgan Stanley upped their target price on shares of Procter & Gamble from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Wednesday, October 23rd. UBS Group upped their target price on shares of Procter & Gamble from $122.00 to $126.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Macquarie upped their target price on shares of Procter & Gamble from $132.00 to $138.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Finally, Wells Fargo & Co upped their target price on shares of Procter & Gamble from $135.00 to $136.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. Procter & Gamble presently has an average rating of “Hold” and an average target price of $119.07.

Procter & Gamble stock opened at $125.96 on Thursday. The stock has a market cap of $310.95 billion, a P/E ratio of 27.87, a P/E/G ratio of 3.38 and a beta of 0.40. The company has a quick ratio of 0.54, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. Procter & Gamble Co has a twelve month low of $89.08 and a twelve month high of $126.60. The company’s 50-day moving average price is $124.20 and its two-hundred day moving average price is $120.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, October 22nd. The company reported $1.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.13. The firm had revenue of $17.80 billion for the quarter, compared to analysts’ expectations of $17.43 billion. Procter & Gamble had a net margin of 6.24% and a return on equity of 25.07%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.12 EPS. Equities analysts anticipate that Procter & Gamble Co will post 4.94 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be issued a $0.7459 dividend. The ex-dividend date of this dividend is Thursday, January 23rd. This represents a $2.98 annualized dividend and a yield of 2.37%. Procter & Gamble’s dividend payout ratio is currently 65.93%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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