Sfmg LLC Has $596,000 Position in Procter & Gamble Co (NYSE:PG)

Sfmg LLC boosted its holdings in Procter & Gamble Co (NYSE:PG) by 4.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,198 shares of the company’s stock after buying an additional 223 shares during the period. Sfmg LLC’s holdings in Procter & Gamble were worth $596,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Camarda Financial Advisors LLC raised its holdings in shares of Procter & Gamble by 59.2% during the second quarter. Camarda Financial Advisors LLC now owns 269 shares of the company’s stock worth $29,000 after acquiring an additional 100 shares during the period. SeaBridge Investment Advisors LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $36,000. Smart Portfolios LLC raised its holdings in shares of Procter & Gamble by 48.0% during the fourth quarter. Smart Portfolios LLC now owns 450 shares of the company’s stock worth $41,000 after acquiring an additional 146 shares during the period. Financial Management Professionals Inc. raised its holdings in shares of Procter & Gamble by 71.5% during the second quarter. Financial Management Professionals Inc. now owns 463 shares of the company’s stock worth $51,000 after acquiring an additional 193 shares during the period. Finally, Massey Quick Simon & CO. LLC raised its holdings in shares of Procter & Gamble by 83.9% during the second quarter. Massey Quick Simon & CO. LLC now owns 469 shares of the company’s stock worth $51,000 after acquiring an additional 214 shares during the period. Institutional investors and hedge funds own 62.57% of the company’s stock.

In related news, VP Valarie L. Sheppard sold 17,000 shares of the firm’s stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $120.20, for a total value of $2,043,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Jon R. Moeller sold 141,575 shares of the firm’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $118.05, for a total transaction of $16,712,928.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 429,026 shares of company stock valued at $50,867,990. 1.84% of the stock is owned by insiders.



A number of equities research analysts recently commented on PG shares. TheStreet lowered shares of Procter & Gamble from an “a-” rating to a “c+” rating in a report on Tuesday, July 30th. UBS Group set a $122.00 price objective on shares of Procter & Gamble and gave the stock a “hold” rating in a report on Wednesday, July 31st. Wells Fargo & Co restated a “buy” rating and set a $135.00 price objective (up from $125.00) on shares of Procter & Gamble in a report on Tuesday, July 30th. Scotiabank restated a “buy” rating on shares of Procter & Gamble in a report on Friday, July 5th. Finally, Goldman Sachs Group upgraded shares of Procter & Gamble from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $114.00 to $125.00 in a report on Thursday, June 27th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $108.15.

Procter & Gamble stock traded up $0.08 during mid-day trading on Friday, reaching $119.50. The company’s stock had a trading volume of 391,786 shares, compared to its average volume of 9,130,777. The company has a market capitalization of $297.52 billion, a price-to-earnings ratio of 26.44, a price-to-earnings-growth ratio of 3.45 and a beta of 0.45. Procter & Gamble Co has a 12 month low of $78.49 and a 12 month high of $121.76. The business’s 50 day simple moving average is $115.91 and its 200 day simple moving average is $107.18. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.58 and a current ratio of 0.75.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 30th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.04. The business had revenue of $17.09 billion during the quarter, compared to the consensus estimate of $16.86 billion. Procter & Gamble had a net margin of 5.76% and a return on equity of 23.03%. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.94 earnings per share. As a group, sell-side analysts expect that Procter & Gamble Co will post 4.84 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Friday, July 19th were given a $0.7459 dividend. This represents a $2.98 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend was Thursday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.93%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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