Procter & Gamble (NYSE:PG) Price Target Cut to $171.00

Procter & Gamble (NYSE:PG - Get Free Report) had its price target decreased by equities researchers at Deutsche Bank Aktiengesellschaft from $172.00 to $171.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 6.50% from the stock's previous close.

Other equities analysts also recently issued reports about the stock. Royal Bank of Canada boosted their target price on shares of Procter & Gamble from $156.00 to $157.00 and gave the stock a "sector perform" rating in a report on Wednesday, January 24th. Wells Fargo & Company upped their target price on Procter & Gamble from $162.00 to $170.00 and gave the company an "overweight" rating in a research report on Wednesday, January 24th. Raymond James raised their price target on Procter & Gamble from $170.00 to $175.00 and gave the stock an "outperform" rating in a report on Wednesday, January 24th. Stifel Nicolaus increased their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a "hold" rating in a research report on Wednesday, January 24th. Finally, StockNews.com cut shares of Procter & Gamble from a "buy" rating to a "hold" rating in a research note on Thursday, February 29th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $168.76.

Procter & Gamble Price Performance

PG stock traded up $2.42 during trading on Monday, hitting $160.56. 8,925,924 shares of the company's stock traded hands, compared to its average volume of 6,958,951. Procter & Gamble has a 52 week low of $141.45 and a 52 week high of $163.14. The stock has a market capitalization of $377.80 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 3.19 and a beta of 0.44. The business has a fifty day simple moving average of $159.21 and a 200 day simple moving average of $153.13. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.69.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Friday, April 19th. The company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.10. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.77%. The firm had revenue of $20.20 billion during the quarter, compared to analysts' expectations of $20.43 billion. During the same period in the previous year, the company earned $1.37 EPS. The firm's revenue for the quarter was up .6% compared to the same quarter last year. As a group, research analysts expect that Procter & Gamble will post 6.53 EPS for the current fiscal year.

Insider Transactions at Procter & Gamble

In related news, CEO R. Alexandra Keith sold 776 shares of Procter & Gamble stock in a transaction on Monday, March 4th. The stock was sold at an average price of $158.11, for a total value of $122,693.36. Following the completion of the transaction, the chief executive officer now directly owns 4,859 shares in the company, valued at $768,256.49. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Marc S. Pritchard sold 101,704 shares of the firm's stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the sale, the insider now owns 163,428 shares of the company's stock, valued at approximately $25,097,637.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO R. Alexandra Keith sold 776 shares of Procter & Gamble stock in a transaction on Monday, March 4th. The stock was sold at an average price of $158.11, for a total transaction of $122,693.36. Following the sale, the chief executive officer now owns 4,859 shares in the company, valued at $768,256.49. The disclosure for this sale can be found here. Insiders sold a total of 279,063 shares of company stock worth $43,187,745 over the last ninety days. Company insiders own 0.17% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Demars Financial Group LLC lifted its holdings in shares of Procter & Gamble by 4.4% during the fourth quarter. Demars Financial Group LLC now owns 1,497 shares of the company's stock worth $219,000 after buying an additional 63 shares in the last quarter. Emerald Advisors LLC lifted its position in shares of Procter & Gamble by 1.8% during the 4th quarter. Emerald Advisors LLC now owns 3,775 shares of the company's stock valued at $553,000 after acquiring an additional 65 shares during the period. O Brien Wealth Partners LLC increased its position in shares of Procter & Gamble by 3.3% in the fourth quarter. O Brien Wealth Partners LLC now owns 2,062 shares of the company's stock worth $302,000 after purchasing an additional 65 shares during the period. Mechanics Financial Corp increased its holdings in Procter & Gamble by 0.4% in the 4th quarter. Mechanics Financial Corp now owns 16,184 shares of the company's stock valued at $2,372,000 after buying an additional 65 shares during the period. Finally, LWM Advisory Services LLC increased its stake in Procter & Gamble by 2.1% in the fourth quarter. LWM Advisory Services LLC now owns 3,143 shares of the company's stock valued at $461,000 after acquiring an additional 66 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.