The Procter & Gamble Company (NYSE:PG) Shares Purchased by Eagle Strategies LLC

Eagle Strategies LLC grew its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 53.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,098 shares of the company's stock after buying an additional 1,766 shares during the quarter. Eagle Strategies LLC's holdings in Procter & Gamble were worth $855,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. Lakeridge Wealth Management LLC raised its stake in shares of Procter & Gamble by 0.6% in the fourth quarter. Lakeridge Wealth Management LLC now owns 10,807 shares of the company's stock valued at $1,812,000 after acquiring an additional 60 shares during the period. Colton Groome Financial Advisors LLC grew its holdings in shares of Procter & Gamble by 3.2% in the fourth quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company's stock worth $334,000 after purchasing an additional 62 shares during the last quarter. Tevis Investment Management increased its stake in Procter & Gamble by 0.6% in the 4th quarter. Tevis Investment Management now owns 11,633 shares of the company's stock worth $1,950,000 after buying an additional 65 shares during the period. Dakota Community Bank & Trust NA lifted its holdings in Procter & Gamble by 3.3% during the 4th quarter. Dakota Community Bank & Trust NA now owns 2,078 shares of the company's stock valued at $348,000 after buying an additional 66 shares in the last quarter. Finally, Alhambra Investment Management LLC boosted its position in Procter & Gamble by 1.2% in the 4th quarter. Alhambra Investment Management LLC now owns 5,785 shares of the company's stock valued at $970,000 after buying an additional 66 shares during the period. Institutional investors own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 18,000 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the completion of the sale, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,785,274.66. The trade was a 44.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jennifer L. Davis sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total value of $161,380.00. Following the completion of the transaction, the chief executive officer now owns 51,965 shares in the company, valued at approximately $8,386,111.70. This trade represents a 1.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 54,000 shares of company stock valued at $9,330,060 in the last three months. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Stock Performance

Procter & Gamble stock traded up $0.61 during midday trading on Friday, hitting $160.59. 5,744,311 shares of the company were exchanged, compared to its average volume of 7,157,721. The Procter & Gamble Company has a fifty-two week low of $156.58 and a fifty-two week high of $180.43. The firm has a market capitalization of $376.51 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of 3.76 and a beta of 0.43. The business has a fifty day simple moving average of $167.36 and a two-hundred day simple moving average of $167.99. 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 issued its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $20.42 billion. During the same quarter in the prior year, the firm posted $1.52 earnings per share. The company's revenue was down 2.1% compared to the same quarter last year. On average, sell-side analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, April 21st will be given a $1.0568 dividend. The ex-dividend date is Monday, April 21st. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.63%. Procter & Gamble's payout ratio is 66.98%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PG. UBS Group reissued a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. Wells Fargo & Company increased their price target on Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Morgan Stanley set a $180.00 price objective on shares of Procter & Gamble and gave the stock an "overweight" rating in a research note on Friday, April 25th. Erste Group Bank lowered shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday. Finally, Royal Bank of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $164.00 to $177.00 in a research note on Friday, April 25th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $179.80.

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 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.