Procter & Gamble Company (The) (NYSE:PG) Shares Purchased by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 13.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,709 shares of the company's stock after acquiring an additional 4,562 shares during the period. Capital Investment Advisory Services LLC's holdings in Procter & Gamble were worth $6,426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Procter & Gamble during the fourth quarter worth $5,244,463,000. GAMMA Investing LLC grew its holdings in Procter & Gamble by 20,758.5% during the 1st quarter. GAMMA Investing LLC now owns 7,951,456 shares of the company's stock worth $1,355,087,000 after acquiring an additional 7,913,335 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its holdings in Procter & Gamble by 1,195.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,222,585 shares of the company's stock worth $580,596,000 after acquiring an additional 2,973,757 shares during the period. Capital Research Global Investors grew its holdings in Procter & Gamble by 62.5% during the 4th quarter. Capital Research Global Investors now owns 7,398,120 shares of the company's stock worth $1,240,294,000 after acquiring an additional 2,846,560 shares during the period. Finally, Northern Trust Corp grew its holdings in Procter & Gamble by 10.1% during the 4th quarter. Northern Trust Corp now owns 29,395,208 shares of the company's stock worth $4,928,107,000 after acquiring an additional 2,703,757 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.4%

PG traded down $0.64 on Monday, reaching $160.19. 4,382,012 shares of the company traded hands, compared to its average volume of 8,135,023. Procter & Gamble Company has a one year low of $156.58 and a one year high of $180.43. The firm has a fifty day simple moving average of $162.10 and a two-hundred day simple moving average of $165.25. The company has a market cap of $375.58 billion, a P/E ratio of 25.43, a price-to-earnings-growth ratio of 4.58 and a beta of 0.40. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47.

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, beating analysts' consensus estimates of $1.53 by $0.01. The business had revenue of $19.78 billion for 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 company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.52 EPS. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were paid a $1.0568 dividend. The ex-dividend date was Monday, April 21st. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 dividend on an annualized basis and a yield of 2.64%. Procter & Gamble's dividend payout ratio (DPR) is 67.14%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, April 29th. The shares were 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 directly owned 51,965 shares in the company, valued at approximately $8,386,111.70. The trade was a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of Procter & Gamble 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 sale, the insider owned 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. 0.18% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on PG shares. Morgan Stanley set a $180.00 price target on shares of Procter & Gamble and gave the company an "overweight" rating in a research note on Friday, April 25th. Royal Bank Of Canada raised shares of Procter & Gamble from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $164.00 to $177.00 in a research report on Friday, April 25th. Evercore ISI reiterated an "outperform" rating and issued a $190.00 target price (up from $170.00) on shares of Procter & Gamble in a research note on Tuesday, June 3rd. Redburn Partners set a $161.00 price target on shares of Procter & Gamble in a research note on Thursday, May 1st. Finally, Redburn Atlantic cut shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target on the stock. in a research note on Thursday, May 1st. Eight research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $178.45.

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.