12 hours Ago By ABMN Staff
Miramar Capital LLC bought a new position in The Procter & Gamble Company ( NYSE:PG – Free Report ) in the second quarter, Holdings Channel.com reports. The firm bought 2,167 shares of the company’s stock, valued at approximately $357,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Fairway Wealth LLC purchased a new position in shares of Procter & Gamble in the second quarter worth about $29,000. Transcendent Capital Group LLC acquired a new position in Procter & Gamble in the 4th quarter worth approximately $31,000.
Ruedi Wealth Management Inc. raised its position in Procter & Gamble by 64.7% during the 1st quarter.
Ruedi Wealth Management Inc. now owns 196 shares of the company’s stock worth $32,000 after buying an additional 77 shares during the last quarter. POM Investment Strategies LLC acquired a new stake in Procter & Gamble during the 2nd quarter valued at approximately $34,000.
Finally, Vima LLC purchased a new stake in shares of Procter & Gamble in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Insider Transactions at Procter & Gamble In related news, CEO Jon R. Moeller sold 37,240 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $168.
89, for a total transaction of $6,289,463.60. Following the completion of the sale, the chief executive officer now owns 263,537 shares of the company’s stock, valued at approximately $44,508,763.
93. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink . In other Procter & Gamble news, CEO Jon R.
Moeller sold 37,240 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $168.89, for a total transaction of $6,289,463.
60. Following the transaction, the chief executive officer now owns 263,537 shares of the company’s stock, valued at $44,508,763.93.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, insider Susan Street Whaley sold 450 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $169.
22, for a total value of $76,149.00. Following the completion of the sale, the insider now directly owns 13,072 shares of the company’s stock, valued at $2,212,043.
84. The disclosure for this sale can be found here . Over the last three months, insiders have sold 375,553 shares of company stock valued at $63,829,141.
Corporate insiders own 0.17% of the company’s stock. Procter & Gamble Trading Down 1.
1 % Procter & Gamble ( NYSE:PG – Get Free Report ) last released its earnings results on Tuesday, July 30th. The company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.
37 by $0.03. Procter & Gamble had a return on equity of 33.
46% and a net margin of 17.71%. The business had revenue of $20.
53 billion for the quarter, compared to the consensus estimate of $20.69 billion. During the same quarter last year, the business posted $1.
37 earnings per share. The business’s quarterly revenue was down .1% compared to the same quarter last year.
On average, sell-side analysts predict that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year. Procter & Gamble Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th.
Stockholders of record on Friday, July 19th were issued a dividend of $1.0065 per share. This represents a $4.
03 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend was Friday, July 19th.
Procter & Gamble’s payout ratio is 65.85%. Analysts Set New Price Targets A number of research analysts recently issued reports on the stock.
Barclays decreased their target price on shares of Procter & Gamble from $174.00 to $163.00 and set an “overweight” rating for the company in a research report on Thursday, August 1st.
JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $181.00 to $179.
00 and set an “overweight” rating on the stock in a research note on Wednesday, July 31st. TD Cowen began coverage on Procter & Gamble in a research report on Tuesday, July 23rd. They set a “buy” rating and a $189.
00 price target for the company. Evercore ISI upped their price objective on Procter & Gamble from $177.00 to $183.
00 and gave the stock an “outperform” rating in a research report on Thursday, July 18th. Finally, Jefferies Financial Group lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and cut their target price for the company from $182.00 to $175.
00 in a report on Wednesday, July 24th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.
com, the company currently has an average rating of “Moderate Buy” and an average price target of $175.79. Get Our Latest Research Report on Procter & Gamble About Procter & Gamble ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding PG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for The Procter & Gamble Company ( NYSE:PG – Free Report ). Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter .
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