Pensionfund DSM Netherlands purchased a new position in shares of Procter & Gamble Co (NYSE:PG) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 91,000 shares of the company’s stock, valued at approximately $8,361,000. Procter & Gamble accounts for 1.2% of Pensionfund DSM Netherlands’ holdings, making the stock its 9th biggest position.
Several other hedge funds also recently bought and sold shares of PG. Truepoint Inc. lifted its stake in Procter & Gamble by 8,711.3% in the third quarter. Truepoint Inc. now owns 26,889,686 shares of the company’s stock valued at $26,890,000 after acquiring an additional 26,584,514 shares during the last quarter. Capital Research Global Investors lifted its stake in Procter & Gamble by 74.2% in the second quarter. Capital Research Global Investors now owns 12,389,104 shares of the company’s stock valued at $1,079,710,000 after acquiring an additional 5,278,359 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Procter & Gamble by 1,244.6% in the second quarter. Janus Henderson Group PLC now owns 4,500,564 shares of the company’s stock valued at $392,226,000 after acquiring an additional 4,165,862 shares during the last quarter. Vanguard Group Inc. lifted its stake in Procter & Gamble by 2.3% in the second quarter. Vanguard Group Inc. now owns 180,730,770 shares of the company’s stock valued at $15,750,688,000 after acquiring an additional 4,066,266 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in Procter & Gamble by 60,483.0% in the third quarter. Stifel Financial Corp now owns 2,423,319 shares of the company’s stock valued at $220,392,000 after acquiring an additional 2,419,319 shares during the last quarter. Institutional investors and hedge funds own 60.11% of the company’s stock.
In related news, insider Marylynn Fergusonmchugh sold 2,353 shares of the business’s stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $78.59, for a total transaction of $184,922.27. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Vice Chairman Jon R. Moeller sold 3,252 shares of the business’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $78.59, for a total transaction of $255,574.68. The disclosure for this sale can be found here. In the last three months, insiders sold 114,011 shares of company stock worth $9,710,976. Insiders own 0.35% of the company’s stock.
Procter & Gamble Co (PG) opened at $80.29 on Friday. Procter & Gamble Co has a 52-week low of $77.90 and a 52-week high of $94.67. The company has a market cap of $203,220.00, a P/E ratio of 20.43, a PEG ratio of 2.47 and a beta of 0.58. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.94 and a quick ratio of 0.79.
Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 EPS for the quarter, beating the Zacks’ consensus estimate of $1.14 by $0.05. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The company had revenue of $17.40 billion for the quarter, compared to analyst estimates of $17.39 billion. During the same quarter last year, the firm posted $1.08 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. sell-side analysts forecast that Procter & Gamble Co will post 4.21 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Friday, January 19th were given a $0.6896 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Thursday, January 18th. Procter & Gamble’s dividend payout ratio is 70.23%.
Procter & Gamble Company Profile
The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.
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