Advisory Alpha LLC Trims Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Advisory Alpha LLC lowered its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 54.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,072 shares of the company's stock after selling 7,401 shares during the period. Advisory Alpha LLC's holdings in Procter & Gamble were worth $1,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rothschild Investment LLC boosted its stake in shares of Procter & Gamble by 0.5% in the first quarter. Rothschild Investment LLC now owns 25,919 shares of the company's stock valued at $4,417,000 after purchasing an additional 136 shares during the period. S.E.E.D. Planning Group LLC raised its position in shares of Procter & Gamble by 65.7% during the 1st quarter. S.E.E.D. Planning Group LLC now owns 2,163 shares of the company's stock worth $369,000 after acquiring an additional 858 shares in the last quarter. Global Financial Private Client LLC raised its position in shares of Procter & Gamble by 1.8% during the 1st quarter. Global Financial Private Client LLC now owns 13,814 shares of the company's stock worth $2,354,000 after acquiring an additional 241 shares in the last quarter. Welch Group LLC raised its position in shares of Procter & Gamble by 2.1% during the 1st quarter. Welch Group LLC now owns 333,073 shares of the company's stock worth $55,966,000 after acquiring an additional 6,925 shares in the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Procter & Gamble by 0.3% during the 1st quarter. Parallel Advisors LLC now owns 64,456 shares of the company's stock worth $10,983,000 after acquiring an additional 199 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Redburn Atlantic lowered Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target on the stock. in a research report on Thursday, May 1st. Barclays reaffirmed an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday, March 27th. Redburn Partners set a $161.00 price target on Procter & Gamble in a research report on Thursday, May 1st. Morgan Stanley set a $180.00 price target on Procter & Gamble and gave the stock an "overweight" rating in a research report on Friday, April 25th. Finally, UBS Group reaffirmed a "buy" rating on shares of Procter & Gamble in a research report on Monday, February 10th. Eight analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of "Moderate Buy" and a consensus price target of $178.52.

Insider Activity at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $158.67, for a total value of $1,669,208.40. Following the completion of the sale, the insider now owns 25,182 shares in the company, valued at approximately $3,995,627.94. This trade represents a 29.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now owns 51,965 shares of the company's stock, 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 own 0.18% of the company's stock.

Procter & Gamble Price Performance

PG traded down $2.24 during trading on Monday, reaching $167.65. 7,573,563 shares of the stock were exchanged, compared to its average volume of 7,309,644. The business's 50 day moving average price is $164.35 and its two-hundred day moving average price is $167.40. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The company has a market capitalization of $393.06 billion, a price-to-earnings ratio of 26.70, a P/E/G ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 1 year low of $156.58 and a 1 year high of $180.43.

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

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were paid a $1.0568 dividend. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a yield of 2.52%. The ex-dividend date was Monday, April 21st. Procter & Gamble's dividend payout ratio is presently 66.98%.

About Procter & Gamble

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.