Victrix Investment Advisors Purchases Shares of 2,280 The Procter & Gamble Company (NYSE:PG)

Victrix Investment Advisors acquired a new position in The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,280 shares of the company's stock, valued at approximately $382,000.

Several other large investors have also recently modified their holdings of the company. NewSquare Capital LLC boosted its position in shares of Procter & Gamble by 933.3% in the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock worth $26,000 after purchasing an additional 140 shares in the last quarter. Navigoe LLC acquired a new position in Procter & Gamble during the 4th quarter valued at approximately $31,000. Hoey Investments Inc. raised its holdings in shares of Procter & Gamble by 321.7% in the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after buying an additional 148 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $34,000. Finally, Atlantic Private Wealth LLC increased its position in shares of Procter & Gamble by 95.3% in the 4th quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock valued at $35,000 after acquiring an additional 101 shares during the period. Institutional investors own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In related news, 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 value of $1,669,208.40. Following the completion of the sale, the insider now owns 25,182 shares in the company, valued at approximately $3,995,627.94. This trade represents a 29.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary A. Coombe sold 35,000 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total value of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares in the company, valued at $3,829,817.68. This trade represents a 61.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 64,520 shares of company stock worth $10,999,268. 0.18% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

PG has been the subject of several research analyst reports. Royal Bank of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $164.00 to $177.00 in a research note on Friday, April 25th. Erste Group Bank cut shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. UBS Group reiterated a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. Wells Fargo & Company upped their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, Citigroup decreased their price objective on Procter & Gamble from $200.00 to $181.00 and set a "buy" rating for the company in a report on Friday, April 25th. Eight analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $178.52.

Procter & Gamble Price Performance

Shares of NYSE PG traded down $0.38 during mid-day trading on Thursday, reaching $165.05. The company's stock had a trading volume of 6,239,278 shares, compared to its average volume of 7,258,950. The stock has a 50-day moving average of $164.31 and a two-hundred day moving average of $167.29. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The stock has a market capitalization of $386.97 billion, a P/E ratio of 26.28, a P/E/G ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 1-year low of $156.58 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.01. The business had revenue of $19.78 billion for the quarter, compared to analyst estimates of $20.42 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business's revenue was down 2.1% on a year-over-year basis. During the same period last year, the company posted $1.52 EPS. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.56%. The ex-dividend date was Monday, April 21st. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio is 66.98%.

About Procter & Gamble

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.