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Captrust Financial Advisors Has $291.46 Million Holdings in The Procter & Gamble Company (NYSE:PG)

Procter & Gamble logo with Consumer Staples background

Captrust Financial Advisors boosted its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,738,518 shares of the company's stock after purchasing an additional 19,327 shares during the period. Procter & Gamble accounts for approximately 0.8% of Captrust Financial Advisors' holdings, making the stock its 25th largest holding. Captrust Financial Advisors owned approximately 0.07% of Procter & Gamble worth $291,462,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. NewSquare Capital LLC increased its stake in shares of Procter & Gamble by 933.3% in the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock valued at $26,000 after buying an additional 140 shares during the period. Navigoe LLC bought a new position in Procter & Gamble in the fourth quarter valued at about $31,000. Hoey Investments Inc. raised its holdings in Procter & Gamble by 321.7% during the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after purchasing an additional 148 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new position in Procter & Gamble during the 4th quarter valued at about $34,000. Finally, Atlantic Private Wealth LLC grew its position in shares of Procter & Gamble by 95.3% during the 4th quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock worth $35,000 after buying an additional 101 shares during the period. Institutional investors own 65.77% of the company's stock.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 10,520 shares of the business's stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $158.67, for a total transaction of $1,669,208.40. Following the transaction, the insider now owns 25,182 shares of the company's stock, valued at $3,995,627.94. The trade was a 29.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total value of $3,089,880.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,785,274.66. This represents a 44.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,520 shares of company stock valued at $10,999,268. Insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Morgan Stanley set a $180.00 price target on Procter & Gamble and gave the company an "overweight" rating in a research note on Friday, April 25th. Redburn Atlantic cut Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 target price on the stock. in a report on Thursday, May 1st. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating for the company in a research note on Friday, April 11th. Raymond James reduced their price objective on shares of Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Finally, Redburn Partners set a $161.00 target price on shares of Procter & Gamble in a research note on Thursday, May 1st. Eight equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $178.52.

View Our Latest Stock Report on Procter & Gamble

Procter & Gamble Stock Up 0.3 %

NYSE PG traded up $0.44 during trading on Tuesday, hitting $159.27. The stock had a trading volume of 7,690,221 shares, compared to its average volume of 7,174,624. The company has a market capitalization of $373.41 billion, a PE ratio of 25.36, a P/E/G ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 12 month low of $156.58 and a 12 month high of $180.43. The company's 50-day moving average price is $166.86 and its two-hundred day moving average price is $167.79. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business had revenue of $19.78 billion during the quarter, compared to analysts' expectations of $20.42 billion. During the same quarter in the prior year, the company posted $1.52 earnings per share. The firm's revenue was down 2.1% on a year-over-year basis. As a group, sell-side analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, April 21st will be given a $1.0568 dividend. The ex-dividend date is Monday, April 21st. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.65%. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's payout ratio is currently 66.98%.

Procter & Gamble Company Profile

(Free Report)

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.

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

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