GoalVest Advisory LLC Acquires 1,637 Shares of The Procter & Gamble Company (NYSE:PG)

GoalVest Advisory LLC increased its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 19.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,218 shares of the company's stock after purchasing an additional 1,637 shares during the period. GoalVest Advisory LLC's holdings in Procter & Gamble were worth $1,741,000 at the end of the most recent reporting period.

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

Insider Activity

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total value of $161,380.00. Following 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $158.67, for a total transaction of $1,669,208.40. Following the completion of the transaction, the insider now directly owns 25,182 shares in the company, 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. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on PG shares. Erste Group Bank lowered shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Citigroup cut their price objective on shares of Procter & Gamble from $200.00 to $181.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Bank of America cut 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 shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price objective for the company. in a research report on Thursday, May 1st. Finally, Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research report on Thursday, March 27th. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.52.

Procter & Gamble Price Performance

Shares of NYSE PG traded down $2.45 during mid-day trading on Monday, hitting $167.44. 4,473,363 shares of the stock were exchanged, compared to its average volume of 7,298,107. The company has a market cap of $392.56 billion, a P/E ratio of 26.68, a PEG ratio of 3.76 and a beta of 0.41. The stock's fifty day simple moving average is $164.35 and its two-hundred day simple moving average is $167.40. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, topping 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 net margin of 18.35% and a return on equity of 33.00%. The company's revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the business posted $1.52 earnings per share. As a group, analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were paid a dividend of $1.0568 per share. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a dividend yield of 2.52%. The ex-dividend date was Monday, April 21st. Procter & Gamble's dividend payout ratio is 66.98%.

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.