Procter & Gamble Company (The) (NYSE:PG) Position Raised by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. grew its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 2,315.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 185,058 shares of the company's stock after acquiring an additional 177,396 shares during the period. Procter & Gamble comprises approximately 0.9% of Aurora Private Wealth Inc.'s holdings, making the stock its 17th biggest holding. Aurora Private Wealth Inc.'s holdings in Procter & Gamble were worth $31,538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PG. Vanguard Group Inc. boosted its holdings in Procter & Gamble by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 229,794,073 shares of the company's stock worth $38,524,976,000 after acquiring an additional 1,592,061 shares during the period. Geode Capital Management LLC lifted its position in shares of Procter & Gamble by 2.3% during the fourth quarter. Geode Capital Management LLC now owns 56,472,195 shares of the company's stock worth $9,457,000,000 after purchasing an additional 1,267,419 shares in the last quarter. Norges Bank purchased a new position in shares of Procter & Gamble in the fourth quarter valued at $5,244,463,000. Northern Trust Corp grew its holdings in Procter & Gamble by 10.1% during the 4th quarter. Northern Trust Corp now owns 29,395,208 shares of the company's stock valued at $4,928,107,000 after purchasing an additional 2,703,757 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Procter & Gamble by 6.4% during the 4th quarter. Franklin Resources Inc. now owns 20,197,996 shares of the company's stock worth $3,386,194,000 after buying an additional 1,209,275 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of Procter & Gamble 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 sale, the insider now owns 25,182 shares of the company's stock, valued at approximately $3,995,627.94. The trade was a 29.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total value of $161,380.00. Following the transaction, the chief executive officer now owns 51,965 shares of the company's stock, valued at approximately $8,386,111.70. This represents a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by company insiders.

Analyst Ratings Changes

PG has been the topic of a number of recent analyst reports. Erste Group Bank lowered shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 30th. Raymond James Financial reduced their price target on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a report on Friday, April 25th. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Royal Bank Of Canada raised shares of Procter & Gamble from a "sector perform" rating to an "outperform" rating and raised their price target for the stock from $164.00 to $177.00 in a research report on Friday, April 25th. Finally, Barclays restated an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Eight equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $178.45.

Procter & Gamble Stock Performance

Shares of NYSE:PG traded down $0.25 during trading on Thursday, reaching $158.73. 7,403,171 shares of the company's stock traded hands, compared to its average volume of 7,374,929. The stock has a market capitalization of $372.14 billion, a P/E ratio of 25.19, a price-to-earnings-growth ratio of 4.73 and a beta of 0.43. Procter & Gamble Company has a 12 month low of $156.58 and a 12 month high of $180.43. The company has a 50 day moving average of $162.88 and a 200-day moving average of $165.83. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.71 and a quick ratio of 0.50.

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, beating the consensus estimate of $1.53 by $0.01. The company had revenue of $19.78 billion during the quarter, compared to analyst estimates of $20.42 billion. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.46%. The business's revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.52 earnings per share. On average, equities analysts expect that 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 was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were given a $1.0568 dividend. The ex-dividend date was Monday, April 21st. 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 2.66%. Procter & Gamble's dividend payout ratio (DPR) is currently 66.98%.

Procter & Gamble 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.