Warm Springs Advisors Inc. Purchases Shares of 1,741 The Procter & Gamble Company (NYSE:PG)

Warm Springs Advisors Inc. bought a new stake in The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,741 shares of the company's stock, valued at approximately $292,000.

Several other hedge funds have also recently added to or reduced their stakes in PG. NewSquare Capital LLC increased its position in shares of Procter & Gamble by 933.3% during 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 shares of Procter & Gamble in the 4th quarter worth approximately $31,000. Hoey Investments Inc. grew its position in Procter & Gamble by 321.7% during the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after acquiring an additional 148 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in Procter & Gamble during the 4th quarter valued at $34,000. Finally, 10Elms LLP bought a new position in Procter & Gamble in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Trading Up 0.7%

Shares of NYSE:PG traded up $1.23 during mid-day trading on Thursday, reaching $168.59. The stock had a trading volume of 2,030,346 shares, compared to its average volume of 8,077,173. The firm has a 50 day simple moving average of $164.15 and a two-hundred day simple moving average of $167.35. The Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43. The firm has a market cap of $395.27 billion, a PE ratio of 26.84, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

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

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend 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%.

Insider Buying and Selling

In other 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total transaction of $161,380.00. Following the transaction, the chief executive officer now owns 51,965 shares of the company's stock, valued at $8,386,111.70. The trade was a 1.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 46,520 shares of company stock worth $7,909,388 over the last ninety days. Company insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. UBS Group restated a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Bank of America decreased their price objective on shares of Procter & Gamble from $190.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, April 25th. 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. Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Finally, Morgan Stanley set a $180.00 price target on shares of Procter & Gamble and gave the company an "overweight" rating in a report on Friday, April 25th. Eight equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and an average price target of $178.52.

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.