Procter & Gamble Company (The) $PG Stock Holdings Lessened by Y.D. More Investments Ltd

Key Points

• Y.D. More Investments Ltd cut its stake in Procter & Gamble (NYSE:PG) by 86.7% in Q4, selling 14,959 shares and retaining 2,291 shares valued at $328,000.
• Significant insider selling: Chairman Jon R. Moeller sold 162,232 shares (~$26.35M) and insiders have sold a total of 348,618 shares worth ~$55.46M in the past 90 days, leaving insiders with 0.20% ownership.
• Procter & Gamble reported Q results of $1.88 EPS (beat by $0.02) on $22.21B revenue (+1.5% YoY), pays a quarterly dividend of $1.0568 (annual $4.23, ~3.0% yield), and holds a consensus analyst rating of "Moderate Buy" with a $167.06 target.

Y.D. More Investments Ltd reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 86.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,291 shares of the company's stock after selling 14,959 shares during the quarter. Y.D. More Investments Ltd's holdings in Procter & Gamble were worth $328,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Emprise Bank grew its holdings in shares of Procter & Gamble by 2.5% during the 3rd quarter. Emprise Bank now owns 2,766 shares of the company's stock valued at $425,000 after acquiring an additional 68 shares in the last quarter. Affiance Financial LLC boosted its position in Procter & Gamble by 2.5% during the third quarter. Affiance Financial LLC now owns 2,803 shares of the company's stock valued at $431,000 after purchasing an additional 69 shares during the last quarter. Beech Hill Advisors Inc. boosted its position in Procter & Gamble by 0.5% during the fourth quarter. Beech Hill Advisors Inc. now owns 14,238 shares of the company's stock valued at $2,040,000 after purchasing an additional 70 shares during the last quarter. Dominguez Wealth Management Solutions Inc. grew its stake in Procter & Gamble by 0.3% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company's stock valued at $3,144,000 after purchasing an additional 71 shares in the last quarter. Finally, Aull & Monroe Investment Management Corp increased its position in Procter & Gamble by 0.3% in the 4th quarter. Aull & Monroe Investment Management Corp now owns 28,113 shares of the company's stock worth $4,029,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $142.74 on Tuesday. The business's 50-day simple moving average is $153.43 and its 200-day simple moving average is $149.46. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $171.65. The firm has a market cap of $331.73 billion, a price-to-earnings ratio of 21.15, a P/E/G ratio of 5.04 and a beta of 0.41.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion during the quarter, compared to analysts' expectations of $22.36 billion. During the same quarter in the prior year, the business earned $1.88 earnings per share. The company's revenue was up 1.5% on a year-over-year basis. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble's dividend payout ratio is currently 62.52%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on PG shares. Wells Fargo & Company reiterated an "overweight" rating and set a $177.00 price target on shares of Procter & Gamble in a report on Tuesday, February 17th. Rothschild & Co Redburn increased their price objective on Procter & Gamble from $155.00 to $157.00 and gave the stock a "neutral" rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $157.00 to $165.00 in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Procter & Gamble from $171.00 to $162.00 and set a "hold" rating for the company in a research report on Monday, March 30th. Finally, Erste Group Bank lowered shares of Procter & Gamble from a "buy" rating to a "hold" rating in a research note on Tuesday, March 24th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $167.06.

Insiders Place Their Bets

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares of the company's stock, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the transaction, the chairman owned 319,385 shares in the company, valued at $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 348,618 shares of company stock worth $55,462,643 in the last ninety days. 0.20% of the stock is owned by insiders.

About Procter & Gamble

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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