The Procter & Gamble Company (NYSE:PG) Shares Acquired by Wade G W & Inc.

Wade G W & Inc. raised its stake in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 307,306 shares of the company's stock after buying an additional 10,113 shares during the period. Procter & Gamble makes up 1.5% of Wade G W & Inc.'s portfolio, making the stock its 15th biggest position. Wade G W & Inc.'s holdings in Procter & Gamble were worth $45,033,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in PG. Cerity Partners LLC increased its position in shares of Procter & Gamble by 106.2% in the fourth quarter. Cerity Partners LLC now owns 6,134,455 shares of the company's stock worth $898,943,000 after acquiring an additional 3,159,796 shares in the last quarter. Wellington Management Group LLP raised its stake in Procter & Gamble by 9.4% during the 3rd quarter. Wellington Management Group LLP now owns 35,608,913 shares of the company's stock valued at $5,193,916,000 after purchasing an additional 3,047,557 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Procter & Gamble by 13,850.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,747,379 shares of the company's stock valued at $402,601,000 after purchasing an additional 2,727,685 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Procter & Gamble by 235.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 3,231,032 shares of the company's stock worth $473,475,000 after buying an additional 2,268,805 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in Procter & Gamble during the third quarter valued at $246,412,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of NYSE:PG traded down $0.10 on Tuesday, hitting $165.77. 6,009,310 shares of the company were exchanged, compared to its average volume of 6,804,184. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 0.69. The company's 50 day moving average price is $160.75 and its two-hundred day moving average price is $154.95. The Procter & Gamble Company has a one year low of $141.45 and a one year high of $167.65. The firm has a market capitalization of $391.24 billion, a price-to-earnings ratio of 27.01, a PEG ratio of 3.39 and a beta of 0.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Friday, April 19th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The firm had revenue of $20.20 billion during the quarter, compared to analysts' expectations of $20.43 billion. During the same quarter in the prior year, the firm posted $1.37 EPS. The company's revenue for the quarter was up .6% on a year-over-year basis. Research analysts expect that The Procter & Gamble Company will post 6.55 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 19th will be issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Procter & Gamble's previous quarterly dividend of $0.94. Procter & Gamble's payout ratio is 65.85%.

Insider Activity

In other news, CEO Gary A. Coombe sold 22,000 shares of the company's stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $161.32, for a total value of $3,549,040.00. Following the sale, the chief executive officer now directly owns 36,845 shares in the company, valued at approximately $5,943,835.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, insider Susan Street Whaley sold 3,865 shares of the business's stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $160.60, for a total value of $620,719.00. Following the transaction, the insider now directly owns 11,886 shares of the company's stock, valued at approximately $1,908,891.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 22,000 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $161.32, for a total value of $3,549,040.00. Following the sale, the chief executive officer now owns 36,845 shares in the company, valued at $5,943,835.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 140,112 shares of company stock worth $22,841,321. 0.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on PG shares. Barclays lifted their target price on Procter & Gamble from $168.00 to $170.00 and gave the company an "overweight" rating in a research note on Tuesday, April 23rd. Stifel Nicolaus increased their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a "hold" rating in a research report on Wednesday, January 24th. JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $169.00 to $162.00 and set an "overweight" rating on the stock in a report on Thursday, January 18th. Deutsche Bank Aktiengesellschaft cut their price objective on Procter & Gamble from $172.00 to $171.00 and set a "buy" rating for the company in a report on Monday, April 22nd. Finally, Royal Bank of Canada boosted their target price on Procter & Gamble from $156.00 to $157.00 and gave the company a "sector perform" rating in a research note on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and an average target price of $169.76.

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.

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