EagleClaw Capital Managment LLC Increases Stock Holdings in Procter & Gamble Co (NYSE:PG)

EagleClaw Capital Managment LLC increased its holdings in shares of Procter & Gamble Co (NYSE:PG) by 5.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,420 shares of the company’s stock after buying an additional 275 shares during the period. EagleClaw Capital Managment LLC’s holdings in Procter & Gamble were worth $675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in PG. Bath Savings Trust Co grew its holdings in shares of Procter & Gamble by 12.1% in the second quarter. Bath Savings Trust Co now owns 35,968 shares of the company’s stock worth $3,944,000 after purchasing an additional 3,872 shares during the last quarter. Park National Corp OH grew its holdings in shares of Procter & Gamble by 4.0% in the second quarter. Park National Corp OH now owns 358,112 shares of the company’s stock worth $39,267,000 after purchasing an additional 13,646 shares during the last quarter. Baystate Wealth Management LLC grew its holdings in shares of Procter & Gamble by 6.9% in the second quarter. Baystate Wealth Management LLC now owns 8,605 shares of the company’s stock worth $951,000 after purchasing an additional 552 shares during the last quarter. Winfield Associates Inc. grew its holdings in shares of Procter & Gamble by 35.9% in the second quarter. Winfield Associates Inc. now owns 1,169 shares of the company’s stock worth $128,000 after purchasing an additional 309 shares during the last quarter. Finally, Swedbank grew its holdings in shares of Procter & Gamble by 0.4% in the second quarter. Swedbank now owns 1,317,083 shares of the company’s stock worth $144,419,000 after purchasing an additional 5,185 shares during the last quarter. Hedge funds and other institutional investors own 65.64% of the company’s stock.

In related news, insider Mary Theresa Grabowski sold 5,200 shares of the stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $119.10, for a total value of $619,320.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Marylynn Fergusonmchugh sold 37,027 shares of the stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $116.00, for a total transaction of $4,295,132.00. Following the completion of the transaction, the chief executive officer now directly owns 112,703 shares of the company’s stock, valued at $13,073,548. The disclosure for this sale can be found here. Insiders sold a total of 451,354 shares of company stock valued at $53,518,874 over the last ninety days. 1.75% of the stock is currently owned by insiders.

PG stock opened at $123.00 on Thursday. The firm has a market cap of $305.77 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 3.55 and a beta of 0.42. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.72. The firm has a 50-day simple moving average of $121.76 and a two-hundred day simple moving average of $113.63. Procter & Gamble Co has a one year low of $86.74 and a one year high of $125.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.24 by $0.13. The firm had revenue of $17.80 billion during the quarter, compared to analyst estimates of $17.43 billion. Procter & Gamble had a net margin of 6.24% and a return on equity of 24.95%. Procter & Gamble’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm posted $1.12 EPS. As a group, equities analysts predict that Procter & Gamble Co will post 4.84 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be given a $0.7459 dividend. This represents a $2.98 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, October 17th. Procter & Gamble’s payout ratio is currently 65.93%.

A number of research firms have recently commented on PG. Stifel Nicolaus set a $117.00 price target on shares of Procter & Gamble and gave the stock a “hold” rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. upped their price target on shares of Procter & Gamble from $136.00 to $139.00 and gave the stock an “overweight” rating in a report on Wednesday. Macquarie upped their price target on shares of Procter & Gamble from $132.00 to $138.00 and gave the stock an “outperform” rating in a report on Wednesday. Goldman Sachs Group set a $136.00 price objective on shares of Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday. Finally, Scotiabank reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Friday, July 5th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $115.00.

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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