Schear Investment Advisers LLC Purchases 67 Shares of The Procter & Gamble Company (NYSE:PG)

Schear Investment Advisers LLC raised its position in The Procter & Gamble Company (NYSE:PG) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,933 shares of the company’s stock after buying an additional 67 shares during the quarter. Schear Investment Advisers LLC’s holdings in Procter & Gamble were worth $723,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Emerald Advisors LLC raised its stake in shares of Procter & Gamble by 1.8% in the fourth quarter. Emerald Advisors LLC now owns 3,775 shares of the company’s stock valued at $553,000 after buying an additional 65 shares during the period. O Brien Wealth Partners LLC grew its position in shares of Procter & Gamble by 3.3% in the fourth quarter. O Brien Wealth Partners LLC now owns 2,062 shares of the company’s stock valued at $302,000 after purchasing an additional 65 shares in the last quarter. KFA Private Wealth Group LLC grew its position in shares of Procter & Gamble by 2.2% in the third quarter. KFA Private Wealth Group LLC now owns 3,054 shares of the company’s stock valued at $445,000 after purchasing an additional 67 shares in the last quarter. Chemistry Wealth Management LLC grew its position in shares of Procter & Gamble by 1.2% in the fourth quarter. Chemistry Wealth Management LLC now owns 5,839 shares of the company’s stock valued at $856,000 after purchasing an additional 67 shares in the last quarter. Finally, Watchman Group Inc. grew its position in shares of Procter & Gamble by 0.4% in the third quarter. Watchman Group Inc. now owns 18,052 shares of the company’s stock valued at $2,633,000 after purchasing an additional 68 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 101,704 shares of the stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the transaction, the insider now directly owns 163,428 shares of the company’s stock, valued at approximately $25,097,637.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Ma. Fatima Francisco sold 74,443 shares of the stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $153.30, for a total transaction of $11,412,111.90. Following the transaction, the chief executive officer now directly owns 973 shares of the company’s stock, valued at approximately $149,160.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Marc S. Pritchard sold 101,704 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total value of $15,618,683.28. Following the completion of the transaction, the insider now directly owns 163,428 shares in the company, valued at $25,097,637.96. The disclosure for this sale can be found here. In the last three months, insiders have sold 279,063 shares of company stock worth $43,187,745. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. Royal Bank of Canada boosted their target price on Procter & Gamble from $156.00 to $157.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 24th. Barclays boosted their target price on Procter & Gamble from $165.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, April 12th. Deutsche Bank Aktiengesellschaft upped their price target on Procter & Gamble from $170.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. UBS Group upped their price target on Procter & Gamble from $172.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Finally, Stifel Nicolaus upped their target price on Procter & Gamble from $155.00 to $157.00 and gave the stock a “hold” rating in a report on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $168.53.

Procter & Gamble Stock Up 0.2 %

Shares of Procter & Gamble stock traded up $0.26 during midday trading on Friday, hitting $157.55. The company had a trading volume of 6,799,127 shares, compared to its average volume of 6,859,360. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.44 and a current ratio of 0.64. The stock has a market capitalization of $370.72 billion, a P/E ratio of 26.31, a P/E/G ratio of 3.21 and a beta of 0.44. The company has a 50 day moving average of $159.13 and a 200 day moving average of $152.83. The Procter & Gamble Company has a 52-week low of $141.45 and a 52-week high of $163.14.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 19th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 34.04% and a net margin of 17.60%. The business had revenue of $20.20 billion for the quarter, compared to the consensus estimate of $20.43 billion. During the same period last year, the business posted $1.37 EPS. The company’s revenue was up .6% compared to the same quarter last year. On average, equities analysts predict that The Procter & Gamble Company will post 6.45 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Friday, April 19th will be paid a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.56%. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 67.34%.

Procter & Gamble Company 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.