Procter & Gamble Company (The) (NYSE:PG) Shares Acquired by Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1,476.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,570 shares of the company's stock after purchasing an additional 42,679 shares during the period. Procter & Gamble accounts for 1.6% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s investment portfolio, making the stock its 19th biggest holding. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings in Procter & Gamble were worth $7,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of PG. Navigoe LLC bought a new stake in Procter & Gamble during the fourth quarter valued at $31,000. Capital A Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at about $31,000. Hoey Investments Inc. grew its holdings in shares of Procter & Gamble by 321.7% during the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after purchasing an additional 148 shares in the last quarter. 10Elms LLP bought a new position in shares of Procter & Gamble in the fourth quarter worth approximately $34,000. Finally, Mizuho Securities Co. Ltd. raised its stake in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

PG has been the subject of a number of recent research reports. Raymond James Financial dropped their target price on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Redburn Partners set a $161.00 target price on Procter & Gamble in a report on Thursday, May 1st. 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 research note on Friday, April 11th. Bank of America dropped their price objective on Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Finally, Barclays lifted their target price on shares of Procter & Gamble from $160.00 to $161.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 15th. Nine research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $176.84.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total transaction of $161,380.00. Following the completion of the sale, the chief executive officer owned 51,965 shares in the company, valued at approximately $8,386,111.70. This represents a 1.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $1,669,208.40. Following the completion of the sale, the insider owned 25,182 shares of the company's stock, valued at $3,995,627.94. This trade represents a 29.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.18% of the company's stock.

Procter & Gamble Price Performance

Shares of PG stock traded up $3.27 on Tuesday, hitting $158.30. 8,185,259 shares of the stock traded hands, compared to its average volume of 7,658,451. Procter & Gamble Company has a 52 week low of $151.90 and a 52 week high of $180.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.71 and a quick ratio of 0.50. The firm has a market cap of $371.13 billion, a price-to-earnings ratio of 25.13, a PEG ratio of 4.41 and a beta of 0.40. The firm has a 50 day simple moving average of $161.31 and a two-hundred day simple moving average of $164.41.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.01. The firm had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The firm's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.52 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 18th will be issued a $1.0568 dividend. The ex-dividend date is Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.67%. Procter & Gamble's dividend payout ratio is currently 67.14%.

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.