Lincoln Capital LLC Boosts Position in Procter & Gamble Co (NYSE:PG)

Lincoln Capital LLC grew its holdings in shares of Procter & Gamble Co (NYSE:PG) by 2.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,244 shares of the company’s stock after acquiring an additional 179 shares during the quarter. Lincoln Capital LLC’s holdings in Procter & Gamble were worth $905,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. AMI Asset Management Corp lifted its stake in shares of Procter & Gamble by 0.7% in the third quarter. AMI Asset Management Corp now owns 13,431 shares of the company’s stock worth $1,671,000 after buying an additional 87 shares in the last quarter. Centric Wealth Management grew its holdings in shares of Procter & Gamble by 0.9% during the third quarter. Centric Wealth Management now owns 10,692 shares of the company’s stock valued at $1,295,000 after buying an additional 91 shares during the last quarter. First Mercantile Trust Co. increased its position in shares of Procter & Gamble by 1.5% during the third quarter. First Mercantile Trust Co. now owns 6,164 shares of the company’s stock valued at $767,000 after acquiring an additional 92 shares in the last quarter. OLD Second National Bank of Aurora increased its position in shares of Procter & Gamble by 0.3% during the fourth quarter. OLD Second National Bank of Aurora now owns 29,110 shares of the company’s stock valued at $3,635,000 after acquiring an additional 97 shares in the last quarter. Finally, Winthrop Advisory Group LLC increased its position in shares of Procter & Gamble by 0.9% during the fourth quarter. Winthrop Advisory Group LLC now owns 10,963 shares of the company’s stock valued at $1,369,000 after acquiring an additional 98 shares in the last quarter. Institutional investors own 62.83% of the company’s stock.

Shares of Procter & Gamble stock opened at $126.09 on Wednesday. Procter & Gamble Co has a twelve month low of $89.08 and a twelve month high of $127.00. The company has a quick ratio of 0.54, a current ratio of 0.72 and a debt-to-equity ratio of 0.44. The company’s 50 day moving average is $124.72 and its 200 day moving average is $120.88. The company has a market cap of $315.24 billion, a price-to-earnings ratio of 84.06, a price-to-earnings-growth ratio of 3.42 and a beta of 0.40.

Procter & Gamble (NYSE:PG) last posted its earnings results on Tuesday, October 22nd. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.13. The business had revenue of $17.80 billion during the quarter, compared to the consensus estimate of $17.43 billion. Procter & Gamble had a net margin of 6.24% and a return on equity of 25.07%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 EPS. Sell-side analysts expect that Procter & Gamble Co will post 4.94 EPS for the current fiscal year.

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

Several equities analysts recently issued reports on PG shares. Wells Fargo & Co upped their price objective on Procter & Gamble from $135.00 to $136.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Goldman Sachs Group reiterated a “buy” rating and set a $136.00 target price on shares of Procter & Gamble in a research note on Wednesday, October 23rd. Morgan Stanley lifted their target price on Procter & Gamble from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Wednesday, October 23rd. JPMorgan Chase & Co. boosted their price target on Procter & Gamble from $136.00 to $139.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 23rd. Finally, UBS Group upped their price target on Procter & Gamble from $122.00 to $126.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. Procter & Gamble currently has an average rating of “Hold” and a consensus price target of $120.38.

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 1,729 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $122.00, for a total transaction of $210,938.00. Following the completion of the sale, the chief executive officer now directly owns 6,856 shares in the company, valued at approximately $836,432. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Marc S. Pritchard sold 26,075 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $124.96, for a total transaction of $3,258,332.00. Following the sale, the insider now directly owns 139,066 shares of the company’s stock, valued at approximately $17,377,687.36. The disclosure for this sale can be found here. Insiders have sold a total of 1,247,348 shares of company stock worth $154,656,137 over the last three months. Insiders own 1.75% of the company’s stock.

About Procter & Gamble

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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