Procter & Gamble (NYSE:PG) Insider Moses Victor Javier Aguilar Sells 18,812 Shares of Stock

Key Points

• Insider sale: Victor Aguilar sold 18,812 Procter & Gamble shares for approximately $3.09 million, reducing his direct holdings by 25.4% to 55,243 shares.
• Strong quarterly results and dividend: Procter & Gamble reported $2.00 in quarterly EPS and $23.28 billion in revenue, beating analyst expectations. The company announced a quarterly dividend of $1.0885 per share, or $4.35 annualized, yielding about 2.7%.
• Analyst outlook remains positive: The stock has a “Moderate Buy” consensus rating from analysts, with an average price target of $170.57 versus its reported trading price of $161.97.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) insider Victor Aguilar sold 18,812 shares of the business's stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the sale, the insider directly owned 55,243 shares of the company's stock, valued at $9,083,606.49. The trade was a 25.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded down $1.59 during trading hours on Tuesday, reaching $161.97. The company's stock had a trading volume of 1,555,851 shares, compared to its average volume of 9,691,114. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company's 50 day simple moving average is $150.37 and its 200 day simple moving average is $149.04. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. The stock has a market cap of $375.40 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 3.89 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.11. The company had revenue of $23.28 billion for the quarter, compared to analysts' expectations of $22.80 billion. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The firm's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $1.99 earnings per share. As a group, analysts expect that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble's dividend payout ratio (DPR) is currently 65.51%.

Analyst Ratings Changes

A number of research firms have weighed in on PG. Citigroup upped their target price on Procter & Gamble from $180.00 to $187.00 and gave the stock a "buy" rating in a research report on Friday, October 23rd. The Goldman Sachs Group reiterated a "neutral" rating and set a $161.00 price target on shares of Procter & Gamble in a research report on Thursday, October 22nd. TD Cowen boosted their price objective on Procter & Gamble from $150.00 to $166.00 and gave the stock a "hold" rating in a research note on Friday, October 23rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Procter & Gamble in a report on Friday, October 23rd. Finally, Royal Bank Of Canada set a $169.00 target price on Procter & Gamble in a research note on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $170.57.

Hedge Funds Weigh In On Procter & Gamble

A number of institutional investors have recently bought and sold shares of the stock. Ellis Investment Partners LLC lifted its holdings in shares of Procter & Gamble by 0.7% in the third quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company's stock valued at $1,281,000 after purchasing an additional 64 shares in the last quarter. Clark Wealth Partners grew its holdings in shares of Procter & Gamble by 20.6% during the third quarter. Clark Wealth Partners now owns 387 shares of the company's stock valued at $56,000 after buying an additional 66 shares in the last quarter. Kuhn & Co Investment Counsel raised its position in Procter & Gamble by 1.0% during the third quarter. Kuhn & Co Investment Counsel now owns 6,555 shares of the company's stock valued at $952,000 after buying an additional 66 shares during the period. Whelan Financial raised its position in Procter & Gamble by 1.9% during the third quarter. Whelan Financial now owns 3,689 shares of the company's stock valued at $536,000 after buying an additional 68 shares during the period. Finally, KLCM Advisors Inc. lifted its stake in Procter & Gamble by 0.9% in the 1st quarter. KLCM Advisors Inc. now owns 7,890 shares of the company's stock worth $1,140,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Company Profile

Procter & Gamble Company NYSE: PG is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company's well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.

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