Roman Butler Fullerton & Co. boosted its stake in The Procter & Gamble Company (NYSE:PG – Get Rating) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,252 shares of the company’s stock after acquiring an additional 191 shares during the quarter. Procter & Gamble accounts for 1.9% of Roman Butler Fullerton & Co.’s portfolio, making the stock its 8th largest position. Roman Butler Fullerton & Co.’s holdings in Procter & Gamble were worth $3,648,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD lifted its position in Procter & Gamble by 22.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 16,567,690 shares of the company’s stock worth $2,382,268,000 after buying an additional 3,054,844 shares in the last quarter. Vanguard Group Inc. lifted its position in Procter & Gamble by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 224,570,227 shares of the company’s stock worth $28,351,991,000 after buying an additional 2,197,165 shares in the last quarter. BlackRock Inc. lifted its position in Procter & Gamble by 1.1% during the 3rd quarter. BlackRock Inc. now owns 161,904,833 shares of the company’s stock worth $20,440,487,000 after buying an additional 1,811,085 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Procter & Gamble by 108.5% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 3,339,628 shares of the company’s stock worth $421,628,000 after buying an additional 1,737,742 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its position in Procter & Gamble by 431.3% during the 3rd quarter. Two Sigma Advisers LP now owns 1,542,800 shares of the company’s stock worth $194,779,000 after buying an additional 1,252,400 shares in the last quarter. 62.13% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Procter & Gamble news, insider Susan Street Whaley sold 709 shares of the stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total transaction of $97,374.06. Following the transaction, the insider now owns 10,198 shares in the company, valued at approximately $1,400,593.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Procter & Gamble news, insider Susan Street Whaley sold 709 shares of the stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total transaction of $97,374.06. Following the transaction, the insider now owns 10,198 shares in the company, valued at approximately $1,400,593.32. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 2,151 shares of the company’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total transaction of $295,418.34. Following the sale, the chief executive officer now directly owns 226,748 shares of the company’s stock, valued at approximately $31,141,570.32. The disclosure for this sale can be found here. Insiders have sold a total of 4,766 shares of company stock worth $656,511 in the last quarter. Corporate insiders own 0.26% of the company’s stock.
Procter & Gamble Stock Up 0.8 %
Procter & Gamble (NYSE:PG – Get Rating) last announced its quarterly earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. Procter & Gamble had a net margin of 17.79% and a return on equity of 32.03%. The business had revenue of $20.77 billion for the quarter, compared to analyst estimates of $20.75 billion. During the same quarter in the prior year, the business earned $1.66 EPS. Procter & Gamble’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts forecast that The Procter & Gamble Company will post 5.84 earnings per share for the current year.
Procter & Gamble Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Friday, January 20th were given a dividend of $0.9133 per share. The ex-dividend date of this dividend was Thursday, January 19th. This represents a $3.65 dividend on an annualized basis and a dividend yield of 2.46%. Procter & Gamble’s payout ratio is presently 64.04%.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. UBS Group raised shares of Procter & Gamble from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $157.00 to $163.00 in a research report on Wednesday, March 1st. Raymond James boosted their price objective on shares of Procter & Gamble from $165.00 to $170.00 and gave the stock an “outperform” rating in a research note on Friday, January 13th. StockNews.com began coverage on shares of Procter & Gamble in a research note on Thursday, March 16th. They set a “hold” rating on the stock. Stifel Nicolaus boosted their price objective on shares of Procter & Gamble from $139.00 to $147.00 and gave the stock a “hold” rating in a research note on Friday, January 20th. Finally, JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $150.00 to $155.00 in a research note on Friday, March 3rd. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $155.27.
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 & Home Care, and Baby, Feminine & 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.
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