Middleton & Co Inc MA Sells 175 Shares of Procter & Gamble Co (NYSE:PG)

Middleton & Co Inc MA decreased its holdings in shares of Procter & Gamble Co (NYSE:PG) by 0.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 24,174 shares of the company’s stock after selling 175 shares during the period. Middleton & Co Inc MA’s holdings in Procter & Gamble were worth $3,006,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Krane Funds Advisors LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $25,000. Camarda Financial Advisors LLC boosted its stake in Procter & Gamble by 59.2% in the 2nd quarter. Camarda Financial Advisors LLC now owns 269 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Lucia Wealth Services LLC acquired a new position in Procter & Gamble in the 3rd quarter worth $29,000. Dougherty Wealth Advisers LLC boosted its stake in Procter & Gamble by 250.0% in the 2nd quarter. Dougherty Wealth Advisers LLC now owns 350 shares of the company’s stock worth $38,000 after purchasing an additional 250 shares during the period. Finally, Princeton Global Asset Management LLC boosted its stake in Procter & Gamble by 51.4% in the 2nd quarter. Princeton Global Asset Management LLC now owns 442 shares of the company’s stock worth $48,000 after purchasing an additional 150 shares during the period. Institutional investors own 65.64% of the company’s stock.

Procter & Gamble stock opened at $123.75 on Tuesday. The firm has a 50-day moving average of $121.65 and a 200-day moving average of $113.43. Procter & Gamble Co has a one year low of $85.23 and a one year high of $125.36. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.75 and a quick ratio of 0.58. The company has a market cap of $293.98 billion, a price-to-earnings ratio of 27.38, a P/E/G ratio of 3.41 and a beta of 0.42.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, October 22nd. The company reported $1.37 EPS for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.13. Procter & Gamble had a net margin of 5.76% and a return on equity of 23.03%. The company had revenue of $17.80 billion during the quarter, compared to the consensus estimate of $17.43 billion. During the same period in the prior year, the business posted $1.12 EPS. The company’s quarterly revenue was up 6.6% on a year-over-year basis. As a group, sell-side analysts expect that Procter & Gamble Co will post 4.84 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 18th will be paid a dividend of $0.7459 per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.41%. Procter & Gamble’s dividend payout ratio is 65.93%.

PG has been the subject of a number of research analyst reports. Morgan Stanley upped their target price on shares of Procter & Gamble from $129.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 8th. ValuEngine lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. UBS Group set a $122.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a research note on Wednesday, July 31st. Wells Fargo & Co reaffirmed a “buy” rating and issued a $135.00 target price (up from $125.00) on shares of Procter & Gamble in a research note on Tuesday, July 30th. Finally, SunTrust Banks upped their target price on shares of Procter & Gamble to $120.00 and gave the stock a “hold” rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $109.44.

In other news, CEO Marylynn Fergusonmchugh sold 2,680 shares of the company’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $119.93, for a total value of $321,412.40. Following the sale, the chief executive officer now directly owns 84,901 shares of the company’s stock, valued at approximately $10,182,176.93. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Valarie L. Sheppard sold 17,000 shares of the company’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $120.20, for a total transaction of $2,043,400.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 451,354 shares of company stock valued at $53,518,874. Company insiders own 1.75% of the company’s stock.

Procter & Gamble 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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