Demars Financial Group LLC Has $49.11 Million Position in Procter & Gamble Company (The) (NYSE:PG)

Demars Financial Group LLC boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 25.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 288,145 shares of the company's stock after acquiring an additional 58,331 shares during the quarter. Demars Financial Group LLC's holdings in Procter & Gamble were worth $49,106,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. NewSquare Capital LLC boosted its holdings in shares of Procter & Gamble by 933.3% in the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock worth $26,000 after acquiring an additional 140 shares in the last quarter. Navigoe LLC acquired a new position in Procter & Gamble in the fourth quarter worth $31,000. Capital A Wealth Management LLC bought a new stake in shares of Procter & Gamble during the fourth quarter worth $31,000. Hoey Investments Inc. increased its stake in shares of Procter & Gamble by 321.7% in the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after buying an additional 148 shares in the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new position in shares of Procter & Gamble in the fourth quarter valued at about $34,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of the business's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total transaction of $161,380.00. Following the sale, the chief executive officer now directly owns 51,965 shares of the company's stock, valued at $8,386,111.70. The trade was a 1.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the firm's stock in a transaction dated 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 completion of the transaction, the insider now owns 25,182 shares of the company's stock, valued at $3,995,627.94. The trade was a 29.47% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.18% of the company's stock.

Procter & Gamble Stock Up 0.6%

Shares of NYSE PG traded up $0.91 during mid-day trading on Friday, reaching $158.93. 15,736,668 shares of the company's stock were exchanged, compared to its average volume of 7,419,641. Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43. 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 firm has a market capitalization of $372.62 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 4.66 and a beta of 0.43. The business has a fifty day simple moving average of $163.51 and a 200 day simple moving average of $166.25.

Procter & Gamble (NYSE:PG - Get Free Report) last announced 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 firm 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 posted $1.52 EPS. The business's quarterly revenue was down 2.1% on a year-over-year basis. As a group, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend was Monday, April 21st. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio is 67.14%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Redburn Partners set a $161.00 price target on shares of Procter & Gamble in a report on Thursday, May 1st. Raymond James Financial lowered their target price on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. Erste Group Bank downgraded Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Finally, Barclays reiterated an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday, March 27th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $178.86.

Procter & Gamble Company 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.