Revisor Wealth Management LLC Cuts Position in The Procter & Gamble Company (NYSE:PG)

Revisor Wealth Management LLC lessened its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 61.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,140 shares of the company's stock after selling 3,361 shares during the period. Revisor Wealth Management LLC's holdings in Procter & Gamble were worth $359,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PG. Warm Springs Advisors Inc. bought a new stake in shares of Procter & Gamble in the 4th quarter worth approximately $292,000. North Star Asset Management Inc. increased its position in Procter & Gamble by 5.0% in the fourth quarter. North Star Asset Management Inc. now owns 16,303 shares of the company's stock worth $2,733,000 after buying an additional 769 shares during the last quarter. Retirement Planning Group LLC NY purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $450,000. Pinney & Scofield Inc. bought a new position in shares of Procter & Gamble during the 4th quarter worth $335,000. Finally, University of Texas Texas AM Investment Management Co. increased its holdings in Procter & Gamble by 2,615.3% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 6,761 shares of the company's stock worth $1,133,000 after acquiring an additional 6,512 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PG shares. Redburn Atlantic downgraded shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 target price for the company. in a research note on Thursday, May 1st. Redburn Partners set a $161.00 price objective on shares of Procter & Gamble in a report on Thursday, May 1st. UBS Group reissued a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Royal Bank of Canada raised Procter & Gamble from a "sector perform" rating to an "outperform" rating and raised their price target for the stock from $164.00 to $177.00 in a report on Friday, April 25th. Finally, Erste Group Bank lowered Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Eight analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $178.52.

Insider Buying and Selling

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the company's stock in a transaction 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 transaction, the insider now directly owns 25,182 shares of the company's stock, valued at $3,995,627.94. This represents a 29.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction 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 in the company, valued at $8,386,111.70. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 46,520 shares of company stock worth $7,909,388 in the last 90 days. Insiders own 0.18% of the company's stock.

Procter & Gamble Trading Up 0.8%

Shares of NYSE:PG traded up $1.27 during midday trading on Thursday, hitting $168.63. 2,030,346 shares of the stock traded hands, compared to its average volume of 7,266,932. The business's 50 day moving average is $164.15 and its two-hundred day moving average is $167.35. The stock has a market capitalization of $395.35 billion, a PE ratio of 26.84, a P/E/G ratio of 3.76 and a beta of 0.41. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a one year low of $156.58 and a one year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.53 by $0.01. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business had revenue of $19.78 billion for the quarter, compared to the consensus estimate of $20.42 billion. During the same period in the previous year, the firm earned $1.52 EPS. The company's quarterly revenue was down 2.1% compared to the same quarter last year. As a group, research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date was Monday, April 21st. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio is 66.98%.

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.