CWS Financial Advisors LLC Has $2.02 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• CWS Financial Advisors LLC reduced its stake in Procter & Gamble by 13.4%, now holding approximately $2.02 million worth of stock, which constitutes about 0.6% of its overall holdings.
• Procter & Gamble recently reported earnings of $1.48 EPS, surpassing estimates, with a revenue of $20.89 billion, reflecting a 1.7% increase year-over-year.
• The company announced a quarterly dividend of $1.0568 per share, translating to a 2.7% dividend yield, with a payout ratio of approximately 64.98%.

CWS Financial Advisors LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 13.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,841 shares of the company's stock after selling 1,826 shares during the quarter. Procter & Gamble accounts for approximately 0.6% of CWS Financial Advisors LLC's holdings, making the stock its 25th largest holding. CWS Financial Advisors LLC's holdings in Procter & Gamble were worth $2,018,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northern Trust Corp increased its holdings in Procter & Gamble by 0.8% during the first quarter. Northern Trust Corp now owns 29,644,000 shares of the company's stock worth $5,051,930,000 after buying an additional 248,792 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Procter & Gamble by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company's stock worth $2,966,252,000 after acquiring an additional 583,629 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Procter & Gamble by 1.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 17,090,898 shares of the company's stock valued at $2,911,989,000 after buying an additional 208,991 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Procter & Gamble by 15.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,274,563 shares of the company's stock valued at $2,728,430,000 after buying an additional 2,224,912 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Procter & Gamble by 19.8% in the first quarter. Invesco Ltd. now owns 13,493,604 shares of the company's stock valued at $2,299,580,000 after purchasing an additional 2,228,151 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Trading Up 0.9%

NYSE PG opened at $155.68 on Tuesday. The firm has a market capitalization of $364.66 billion, a P/E ratio of 23.91, a PEG ratio of 4.07 and a beta of 0.37. The business has a fifty day simple moving average of $157.05 and a 200 day simple moving average of $163.17. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.40 earnings per share. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is presently 64.98%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Erste Group Bank downgraded shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Citigroup reduced their target price on Procter & Gamble from $200.00 to $181.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Evercore ISI reaffirmed an "in-line" rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. UBS Group set a $180.00 price objective on Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Finally, Morgan Stanley set a $180.00 price target on Procter & Gamble and gave the company an "overweight" rating in a research note on Friday, April 25th. Seven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus price target of $175.94.

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.

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