Procter & Gamble Company (The) (NYSE:PG) Shares Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 101.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 44,226 shares of the company's stock after buying an additional 22,230 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in Procter & Gamble were worth $7,540,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Procter & Gamble by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 229,794,073 shares of the company's stock valued at $38,524,976,000 after buying an additional 1,592,061 shares during the last quarter. Geode Capital Management LLC grew its holdings in Procter & Gamble by 2.3% during the 4th quarter. Geode Capital Management LLC now owns 56,472,195 shares of the company's stock valued at $9,457,000,000 after buying an additional 1,267,419 shares during the last quarter. Norges Bank acquired a new stake in Procter & Gamble during the 4th quarter valued at $5,244,463,000. Northern Trust Corp raised its position in shares of Procter & Gamble by 10.1% in the fourth quarter. Northern Trust Corp now owns 29,395,208 shares of the company's stock valued at $4,928,107,000 after buying an additional 2,703,757 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Procter & Gamble by 6.4% in the fourth quarter. Franklin Resources Inc. now owns 20,197,996 shares of the company's stock valued at $3,386,194,000 after buying an additional 1,209,275 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.4%

Shares of PG traded down $0.66 during trading hours on Thursday, hitting $157.86. The stock had a trading volume of 7,202,108 shares, compared to its average volume of 7,386,373. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.50 and a current ratio of 0.71. The firm has a market cap of $370.11 billion, a P/E ratio of 25.06, a P/E/G ratio of 4.66 and a beta of 0.43. The company's fifty day simple moving average is $163.51 and its 200 day simple moving average is $166.25. Procter & Gamble Company has a 12-month low of $156.58 and a 12-month high of $180.43.

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

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were given a $1.0568 dividend. The ex-dividend date of this dividend was Monday, April 21st. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a yield of 2.68%. Procter & Gamble's dividend payout ratio (DPR) is 67.14%.

Analysts Set New Price Targets

PG has been the subject of a number of analyst reports. 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 reduced their price target on Procter & Gamble from $190.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Evercore ISI reissued an "outperform" rating and set a $190.00 price target (up previously from $170.00) on shares of Procter & Gamble in a research note on Tuesday, June 3rd. Royal Bank Of Canada raised Procter & Gamble from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from $164.00 to $177.00 in a research note on Friday, April 25th. Finally, Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Eight investment 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 company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $178.86.

Insider Buying and Selling at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the firm's stock in a transaction dated 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 now directly owns 25,182 shares in the company, valued at $3,995,627.94. This trade represents a 29.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 1,000 shares of the firm's stock in a transaction dated Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total value of $161,380.00. Following the sale, the chief executive officer now owns 51,965 shares of the company's stock, valued at $8,386,111.70. This represents a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by corporate insiders.

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.