The Procter & Gamble Company (NYSE:PG) Shares Acquired by Leavell Investment Management Inc.

Leavell Investment Management Inc. lifted its position in shares of The Procter & Gamble Company (NYSE:PG) by 1.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,218 shares of the company’s stock after buying an additional 649 shares during the quarter. Leavell Investment Management Inc.’s holdings in Procter & Gamble were worth $9,090,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AMF Tjanstepension AB increased its position in Procter & Gamble by 416.1% during the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after purchasing an additional 1,466,115 shares in the last quarter. Fiduciary Alliance LLC increased its position in Procter & Gamble by 111.1% during the 3rd quarter. Fiduciary Alliance LLC now owns 4,773 shares of the company’s stock worth $827,000 after purchasing an additional 2,512 shares in the last quarter. CX Institutional increased its position in Procter & Gamble by 15.0% during the 3rd quarter. CX Institutional now owns 48,202 shares of the company’s stock worth $8,349,000 after purchasing an additional 6,299 shares in the last quarter. Creative Planning increased its position in Procter & Gamble by 3.5% during the 3rd quarter. Creative Planning now owns 1,393,443 shares of the company’s stock worth $241,344,000 after purchasing an additional 47,551 shares in the last quarter. Finally, Iams Wealth Management LLC increased its position in Procter & Gamble by 9.8% during the 3rd quarter. Iams Wealth Management LLC now owns 12,262 shares of the company’s stock worth $2,124,000 after purchasing an additional 1,094 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $169.53 on Wednesday. The stock’s 50 day moving average price is $167.06 and its 200 day moving average price is $169.44. The firm has a market capitalization of $397.52 billion, a PE ratio of 26.99, a price-to-earnings-growth ratio of 3.79 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 EPS. As a group, sell-side analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s payout ratio is 64.17%.

Wall Street Analyst Weigh In

A number of research firms recently commented on PG. Wells Fargo & Company lifted their price objective on Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Stifel Nicolaus lifted their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. UBS Group lowered their price target on Procter & Gamble from $196.00 to $189.00 and set a “buy” rating for the company in a report on Thursday, January 16th. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. Finally, Evercore ISI lifted their price target on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Eight research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $180.53.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares of the company’s stock, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the transaction, the chief executive officer now directly owns 39,977 shares in the company, valued at approximately $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 151,097 shares of company stock valued at $25,635,076 in the last three months. Corporate insiders own 0.18% of the company’s stock.

About Procter & Gamble

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