Trinity Legacy Partners LLC Has $5.80 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Trinity Legacy Partners LLC raised its position in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,297 shares of the company’s stock after acquiring an additional 1,954 shares during the period. Procter & Gamble makes up approximately 2.3% of Trinity Legacy Partners LLC’s investment portfolio, making the stock its 10th largest position. Trinity Legacy Partners LLC’s holdings in Procter & Gamble were worth $5,804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wescott Financial Advisory Group LLC raised its holdings in shares of Procter & Gamble by 0.3% in the 1st quarter. Wescott Financial Advisory Group LLC now owns 22,385 shares of the company’s stock worth $3,420,000 after acquiring an additional 72 shares during the last quarter. E Fund Management Co. Ltd. raised its holdings in shares of Procter & Gamble by 1.6% in the 3rd quarter. E Fund Management Co. Ltd. now owns 4,839 shares of the company’s stock worth $611,000 after acquiring an additional 75 shares during the last quarter. Constitution Capital LLC raised its holdings in shares of Procter & Gamble by 0.3% in the 3rd quarter. Constitution Capital LLC now owns 27,562 shares of the company’s stock worth $3,480,000 after acquiring an additional 75 shares during the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of Procter & Gamble by 0.9% in the 3rd quarter. Wolff Wiese Magana LLC now owns 8,121 shares of the company’s stock worth $1,025,000 after acquiring an additional 76 shares during the last quarter. Finally, USAdvisors Wealth Management LLC raised its holdings in shares of Procter & Gamble by 2.4% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 3,188 shares of the company’s stock worth $402,000 after acquiring an additional 76 shares during the last quarter. 62.13% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Up 0.0 %

PG opened at $142.93 on Friday. The company has a 50 day moving average of $141.73 and a 200 day moving average of $140.63. The company has a market cap of $337.19 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. The Procter & Gamble Company has a 12 month low of $122.18 and a 12 month high of $164.90. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47.

Procter & Gamble (NYSE:PG – Get Rating) last released its quarterly earnings data on Thursday, January 19th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. The company had revenue of $20.77 billion during the quarter, compared to the consensus estimate of $20.75 billion. Procter & Gamble had a net margin of 17.79% and a return on equity of 32.03%. Procter & Gamble’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm earned $1.66 EPS. On average, sell-side analysts expect that The Procter & Gamble Company will post 5.84 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Shareholders of record on Friday, January 20th were issued a $0.9133 dividend. This represents a $3.65 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend was Thursday, January 19th. Procter & Gamble’s payout ratio is 64.04%.

Analysts Set New Price Targets

A number of research firms recently weighed in on PG. Wells Fargo & Company lowered their target price on shares of Procter & Gamble from $168.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, January 20th. Jefferies Financial Group increased their price objective on shares of Procter & Gamble from $149.00 to $164.00 in a research note on Tuesday, November 22nd. StockNews.com assumed coverage on shares of Procter & Gamble in a research note on Thursday. They issued a “hold” rating for the company. UBS Group upgraded shares of Procter & Gamble from a “neutral” rating to a “buy” rating and increased their price objective for the company from $157.00 to $163.00 in a research note on Wednesday, March 1st. Finally, JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $150.00 to $155.00 in a research note on Friday, March 3rd. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $155.67.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Susan Street Whaley sold 435 shares of the firm’s stock in a transaction on Friday, February 3rd. The shares were sold at an average price of $141.82, for a total value of $61,691.70. Following the completion of the transaction, the insider now directly owns 10,840 shares of the company’s stock, valued at approximately $1,537,328.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Procter & Gamble news, insider Susan Street Whaley sold 435 shares of the firm’s stock in a transaction on Friday, February 3rd. The shares were sold at an average price of $141.82, for a total value of $61,691.70. Following the completion of the transaction, the insider now directly owns 10,840 shares of the company’s stock, valued at approximately $1,537,328.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jon R. Moeller sold 2,151 shares of the firm’s stock in a transaction on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total transaction of $295,418.34. Following the completion of the transaction, the chief executive officer now directly owns 226,748 shares of the company’s stock, valued at $31,141,570.32. The disclosure for this sale can be found here. Insiders sold a total of 4,766 shares of company stock valued at $656,511 in the last three months. Company insiders own 0.26% of the company’s stock.

Procter & Gamble Company Profile

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.