Flossbach Von Storch AG Grows Stock Position in The Procter & Gamble Company (NYSE:PG)

Flossbach Von Storch AG boosted its stake in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,561,091 shares of the company's stock after acquiring an additional 333,502 shares during the quarter. Procter & Gamble accounts for about 3.0% of Flossbach Von Storch AG's investment portfolio, making the stock its 15th largest holding. Flossbach Von Storch AG owned approximately 0.19% of Procter & Gamble worth $668,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Axiom Financial Strategies LLC lifted its stake in Procter & Gamble by 7.0% in the first quarter. Axiom Financial Strategies LLC now owns 1,728 shares of the company's stock worth $276,000 after acquiring an additional 113 shares during the period. AMI Investment Management Inc. boosted its position in Procter & Gamble by 7.2% during the 1st quarter. AMI Investment Management Inc. now owns 3,461 shares of the company's stock valued at $529,000 after acquiring an additional 233 shares in the last quarter. LSV Asset Management grew its holdings in shares of Procter & Gamble by 5.7% during the 1st quarter. LSV Asset Management now owns 18,600 shares of the company's stock worth $2,842,000 after acquiring an additional 1,000 shares during the period. Ergoteles LLC bought a new position in shares of Procter & Gamble in the 1st quarter worth approximately $3,073,000. Finally, Wsfs Capital Management LLC boosted its position in shares of Procter & Gamble by 12.0% during the first quarter. Wsfs Capital Management LLC now owns 4,256 shares of the company's stock valued at $650,000 after purchasing an additional 455 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PG has been the topic of several recent research reports. UBS Group upped their price target on Procter & Gamble from $172.00 to $178.00 and gave the stock a "buy" rating in a research note on Wednesday, January 24th. Stifel Nicolaus upped their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a "hold" rating in a research note on Wednesday, January 24th. Barclays raised their price objective on shares of Procter & Gamble from $165.00 to $168.00 and gave the company an "overweight" rating in a research note on Friday, April 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Procter & Gamble from $170.00 to $172.00 and gave the stock a "buy" rating in a research note on Wednesday, April 3rd. Finally, JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $169.00 to $162.00 and set an "overweight" rating on the stock in a research report on Thursday, January 18th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $168.53.

Procter & Gamble Price Performance

Shares of NYSE:PG traded up $1.01 during mid-day trading on Wednesday, reaching $156.96. The stock had a trading volume of 6,497,855 shares, compared to its average volume of 6,852,001. The company has a market cap of $369.33 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 3.18 and a beta of 0.44. The business's 50 day moving average price is $159.16 and its 200 day moving average price is $152.80. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.48. The Procter & Gamble Company has a 1 year low of $141.45 and a 1 year high of $163.14.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Tuesday, January 23rd. The company reported $1.84 EPS for the quarter, topping analysts' consensus estimates of $1.70 by $0.14. The business had revenue of $21.44 billion during the quarter, compared to analysts' expectations of $21.48 billion. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The business's revenue was up 3.2% on a year-over-year basis. During the same period last year, the company posted $1.59 EPS. Research analysts expect that The Procter & Gamble Company will post 6.45 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 19th will be issued a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.56%. This is an increase from Procter & Gamble's previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Thursday, April 18th. Procter & Gamble's dividend payout ratio is presently 62.98%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO R. Alexandra Keith sold 776 shares of the company's 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 transaction, the chief executive officer now owns 4,859 shares of the company's stock, valued at approximately $768,256.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Procter & Gamble news, insider Marc S. Pritchard sold 101,704 shares of the company's stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total value of $15,618,683.28. Following the completion of the sale, the insider now directly owns 163,428 shares in the company, valued at approximately $25,097,637.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO R. Alexandra Keith sold 776 shares of Procter & Gamble stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $158.11, for a total value of $122,693.36. Following the completion of the sale, the chief executive officer now owns 4,859 shares of the company's stock, 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 valued at $43,187,745 over the last 90 days. Insiders own 0.17% of the company's stock.

About Procter & Gamble

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.

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