Capital Advisors Inc. OK Has $56.52 Million Position in Procter & Gamble Company (The) (NYSE:PG)

Capital Advisors Inc. OK grew its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 2.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 331,643 shares of the company's stock after buying an additional 8,664 shares during the quarter. Procter & Gamble accounts for approximately 1.1% of Capital Advisors Inc. OK's portfolio, making the stock its 28th biggest position. Capital Advisors Inc. OK's holdings in Procter & Gamble were worth $56,519,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in Procter & Gamble by 8.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,398,486 shares of the company's stock worth $579,170,000 after purchasing an additional 268,128 shares during the period. Hexagon Capital Partners LLC boosted its stake in shares of Procter & Gamble by 7.5% during the first quarter. Hexagon Capital Partners LLC now owns 12,479 shares of the company's stock worth $2,127,000 after buying an additional 873 shares during the period. Hendley & Co. Inc. boosted its stake in shares of Procter & Gamble by 0.5% during the first quarter. Hendley & Co. Inc. now owns 49,358 shares of the company's stock worth $8,412,000 after buying an additional 253 shares during the period. Chilton Capital Management LLC grew its holdings in shares of Procter & Gamble by 7.1% during the first quarter. Chilton Capital Management LLC now owns 190,538 shares of the company's stock worth $32,471,000 after buying an additional 12,562 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Procter & Gamble in the first quarter valued at approximately $119,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently commented on PG. Morgan Stanley set a $180.00 target price on shares of Procter & Gamble and gave the stock an "overweight" rating in a research note on Friday, April 25th. Bank of America reduced their price objective on shares of Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Redburn Atlantic lowered Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price objective on the stock. in a report on Thursday, May 1st. Erste Group Bank downgraded shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Raymond James Financial dropped their target price on shares of Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a report on Friday, April 25th. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and an average price target of $178.45.

Insider Transactions at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 10,520 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $158.67, for a total value of $1,669,208.40. Following the transaction, the insider directly owned 25,182 shares in the company, valued at $3,995,627.94. This represents a 29.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the company's 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 owned 51,965 shares of the company's stock, valued at $8,386,111.70. This 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

NYSE:PG traded down $0.37 during mid-day trading on Monday, hitting $160.46. The company's stock had a trading volume of 7,151,619 shares, compared to its average volume of 7,493,214. The company has a current ratio of 0.71, a quick ratio of 0.50 and a debt-to-equity ratio of 0.47. The stock has a fifty day moving average of $162.10 and a 200-day moving average of $165.25. The company has a market capitalization of $376.20 billion, a price-to-earnings ratio of 25.47, a P/E/G ratio of 4.58 and a beta of 0.40. Procter & Gamble Company has a fifty-two week low of $156.58 and a fifty-two week 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 the consensus estimate of $1.53 by $0.01. The business had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.46%. Procter & Gamble's revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.52 EPS. As a group, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were paid a $1.0568 dividend. The ex-dividend date of this dividend was Monday, April 21st. This is a positive change 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 dividend payout ratio (DPR) is 67.14%.

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.