Procter & Gamble Company (The) $PG Shares Purchased by New England Research & Management Inc.

New England Research & Management Inc. raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 60.5% in the fourth quarter, HoldingsChannel reports. The firm owned 13,395 shares of the company’s stock after acquiring an additional 5,050 shares during the period. New England Research & Management Inc.’s holdings in Procter & Gamble were worth $1,920,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in PG. Brighton Jones LLC increased its position in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. boosted its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after purchasing an additional 1,016 shares in the last quarter. Auxano Advisors LLC grew its stake in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in shares of Procter & Gamble by 2.8% during the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $144.41 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $174.80. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The stock has a market cap of $335.61 billion, a PE ratio of 21.39, a price-to-earnings-growth ratio of 4.82 and a beta of 0.37. The company’s 50-day moving average price is $154.07 and its two-hundred day moving average price is $150.68.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, January 23rd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.88 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio is 62.67%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the sale, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider owned 30,215 shares of the company’s stock, valued at $4,818,083.90. This trade represents a 5.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 348,618 shares of company stock worth $55,462,643. 0.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Barclays set a $155.00 price objective on shares of Procter & Gamble in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $168.33.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.