Compass Capital Corp MA ADV lowered its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 20.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,578 shares of the company's stock after selling 1,714 shares during the period. Compass Capital Corp MA ADV's holdings in Procter & Gamble were worth $1,104,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of PG. Well Done LLC lifted its holdings in shares of Procter & Gamble by 1.8% during the first quarter. Well Done LLC now owns 13,858 shares of the company's stock worth $2,323,000 after buying an additional 251 shares in the last quarter. Sterling Investment Counsel LLC increased its position in Procter & Gamble by 133.7% during the first quarter. Sterling Investment Counsel LLC now owns 3,982 shares of the company's stock worth $679,000 after acquiring an additional 2,278 shares during the period. TCI Wealth Advisors Inc. raised its stake in Procter & Gamble by 1.3% in the 1st quarter. TCI Wealth Advisors Inc. now owns 15,166 shares of the company's stock worth $2,585,000 after purchasing an additional 197 shares in the last quarter. Duncan Williams Asset Management LLC boosted its holdings in Procter & Gamble by 4.1% in the 1st quarter. Duncan Williams Asset Management LLC now owns 6,680 shares of the company's stock valued at $1,138,000 after purchasing an additional 262 shares during the period. Finally, Boston Trust Walden Corp increased its holdings in shares of Procter & Gamble by 87.7% during the first quarter. Boston Trust Walden Corp now owns 482,323 shares of the company's stock worth $82,197,000 after purchasing an additional 225,389 shares during the period. 65.77% of the stock is owned by institutional investors.
Procter & Gamble Stock Performance
Shares of PG stock opened at $157.86 on Thursday. The firm has a market capitalization of $370.11 billion, a price-to-earnings ratio of 25.06, a PEG ratio of 4.67 and a beta of 0.43. 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 business's 50-day moving average price is $163.63 and its 200-day moving average price is $166.40. Procter & Gamble Company has a 12 month low of $156.58 and a 12 month 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. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The business had revenue of $19.78 billion for the quarter, compared to the consensus estimate of $20.42 billion. During the same period last year, the company earned $1.52 EPS. The firm's revenue was down 2.1% compared to the same quarter last year. Equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.68%. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. The ex-dividend date of this dividend was Monday, April 21st. Procter & Gamble's dividend payout ratio is presently 67.14%.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on PG shares. Royal Bank Of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from $164.00 to $177.00 in a research note on Friday, April 25th. Barclays restated an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday, March 27th. Evercore ISI reiterated an "outperform" rating and set a $190.00 price objective (up from $170.00) on shares of Procter & Gamble in a research note on Tuesday, June 3rd. JPMorgan Chase & Co. dropped their target price on shares of Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Finally, Morgan Stanley set a $180.00 price target on shares of Procter & Gamble and gave the stock an "overweight" rating in a research report on Friday, April 25th. Eight analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and an average price target of $178.86.
Read Our Latest Stock Analysis on PG
Insiders Place Their Bets
In other news, CEO Jennifer L. Davis sold 1,000 shares of Procter & Gamble stock in a transaction dated Tuesday, April 29th. The stock was 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 directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 value of $1,669,208.40. Following the completion of 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 disclosure for this sale can be found here. Company insiders own 0.18% of the company's stock.
Procter & Gamble Profile
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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.
Further Reading
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG - Free Report).

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