Tsfg LLC Acquires 194 Shares of The Procter & Gamble Company (NYSE:PG)

Tsfg LLC grew its holdings in The Procter & Gamble Company (NYSE:PG) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,171 shares of the company’s stock after purchasing an additional 194 shares during the period. Tsfg LLC’s holdings in Procter & Gamble were worth $633,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Silicon Valley Capital Partners purchased a new position in Procter & Gamble during the fourth quarter valued at approximately $28,000. GW&K Investment Management LLC purchased a new position in Procter & Gamble during the first quarter valued at approximately $28,000. IAG Wealth Partners LLC grew its stake in Procter & Gamble by 58.8% in the 1st quarter. IAG Wealth Partners LLC now owns 243 shares of the company’s stock worth $36,000 after buying an additional 90 shares in the last quarter. Kepos Capital LP purchased a new position in Procter & Gamble in the 4th quarter worth approximately $38,000. Finally, Ten Capital Wealth Advisors LLC grew its stake in Procter & Gamble by 325.8% in the 1st quarter. Ten Capital Wealth Advisors LLC now owns 264 shares of the company’s stock worth $39,000 after buying an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 63.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PG shares. William Blair started coverage on shares of Procter & Gamble in a research note on Friday, September 8th. They issued a “market perform” rating for the company. They noted that the move was a valuation call. Morgan Stanley reissued an “overweight” rating and issued a $174.00 price target on shares of Procter & Gamble in a research note on Tuesday, August 1st. Barclays boosted their price target on shares of Procter & Gamble from $160.00 to $166.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 1st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Procter & Gamble from $170.00 to $173.00 and gave the stock a “buy” rating in a research note on Monday, July 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Procter & Gamble from $164.00 to $172.00 in a report on Friday, July 28th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.82.

Procter & Gamble Trading Down 0.8 %

NYSE:PG opened at $153.47 on Friday. The company has a fifty day moving average of $153.35 and a 200 day moving average of $150.28. The Procter & Gamble Company has a 52 week low of $122.18 and a 52 week high of $158.38. The company has a quick ratio of 0.44, a current ratio of 0.63 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $361.78 billion, a P/E ratio of 26.01, a P/E/G ratio of 3.85 and a beta of 0.42.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, July 28th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.32 by $0.05. Procter & Gamble had a net margin of 17.87% and a return on equity of 32.88%. The business had revenue of $20.60 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period in the prior year, the business earned $1.21 EPS. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, research analysts predict that The Procter & Gamble Company will post 6.38 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Friday, July 21st were issued a $0.9407 dividend. The ex-dividend date was Thursday, July 20th. This represents a $3.76 annualized dividend and a yield of 2.45%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.73%.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 33,022 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $156.26, for a total value of $5,160,017.72. Following the completion of the transaction, the chief accounting officer now directly owns 888 shares in the company, valued at approximately $138,758.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Matthew W. Janzaruk sold 33,022 shares of the company’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $156.26, for a total value of $5,160,017.72. Following the sale, the chief accounting officer now directly owns 888 shares of the company’s stock, valued at approximately $138,758.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO R. Alexandra Keith sold 781 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $152.82, for a total transaction of $119,352.42. Following the completion of the sale, the chief executive officer now directly owns 6,310 shares in the company, valued at $964,294.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 106,607 shares of company stock worth $16,523,793. 0.17% of the stock is currently owned by corporate insiders.

Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.