The Procter & Gamble Company (NYSE:PG) Shares Sold by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC trimmed its stake in shares of The Procter & Gamble Company (NYSE:PG) by 96.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,287 shares of the company’s stock after selling 31,545 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in Procter & Gamble were worth $216,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Acorn Creek Capital LLC grew its position in Procter & Gamble by 2.8% in the third quarter. Acorn Creek Capital LLC now owns 2,170 shares of the company’s stock worth $376,000 after buying an additional 59 shares during the last quarter. Patrick M Sweeney & Associates Inc. grew its position in Procter & Gamble by 1.1% during the 3rd quarter. Patrick M Sweeney & Associates Inc. now owns 5,561 shares of the company’s stock worth $963,000 after purchasing an additional 59 shares in the last quarter. Traveka Wealth LLC grew its position in Procter & Gamble by 1.7% during the 3rd quarter. Traveka Wealth LLC now owns 3,554 shares of the company’s stock worth $616,000 after purchasing an additional 60 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC grew its position in Procter & Gamble by 0.7% during the 3rd quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,699 shares of the company’s stock worth $1,507,000 after purchasing an additional 61 shares in the last quarter. Finally, Valued Wealth Advisors LLC grew its position in Procter & Gamble by 11.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 605 shares of the company’s stock worth $105,000 after purchasing an additional 61 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the completion of the transaction, the insider now owns 11,595 shares of the company’s stock, valued at $2,002,804.35. This represents a 52.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the completion of the transaction, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Stock Down 1.0 %

PG stock opened at $164.41 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a 52-week low of $152.06 and a 52-week high of $180.43. The company has a 50-day moving average of $168.85 and a two-hundred day moving average of $169.37. The stock has a market capitalization of $387.20 billion, a price-to-earnings ratio of 26.18, a price-to-earnings-growth ratio of 3.69 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 32.88%. The company had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21,657,595.49 billion. During the same period in the prior year, the company earned $1.84 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts anticipate that The Procter & Gamble Company will post 6.94 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s payout ratio is presently 64.17%.

Wall Street Analyst Weigh In

PG has been the topic of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. UBS Group lowered their price objective on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. DA Davidson reaffirmed a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a research note on Thursday. Finally, Stifel Nicolaus upped their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday. Eight research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.