LWM Advisory Services LLC Acquires 103 Shares of The Procter & Gamble Company (NYSE:PG)

LWM Advisory Services LLC raised its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,496 shares of the company’s stock after acquiring an additional 103 shares during the quarter. LWM Advisory Services LLC’s holdings in Procter & Gamble were worth $418,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. TCW Group Inc. boosted its position in shares of Procter & Gamble by 72.4% during the fourth quarter. TCW Group Inc. now owns 132,625 shares of the company’s stock valued at $22,235,000 after buying an additional 55,715 shares during the period. ST. Nicholas Private Asset Management Inc. bought a new position in Procter & Gamble in the fourth quarter worth approximately $2,012,000. Fisher Funds Management LTD acquired a new position in shares of Procter & Gamble during the fourth quarter worth $21,561,000. First Horizon Advisors Inc. increased its position in shares of Procter & Gamble by 1.8% during the fourth quarter. First Horizon Advisors Inc. now owns 245,464 shares of the company’s stock worth $41,152,000 after purchasing an additional 4,317 shares in the last quarter. Finally, Cowa LLC increased its position in shares of Procter & Gamble by 11.5% during the fourth quarter. Cowa LLC now owns 2,951 shares of the company’s stock worth $495,000 after purchasing an additional 305 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on PG shares. Barclays upped their target price on Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. lowered their target price on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company raised their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. UBS Group reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $180.53.

Procter & Gamble Price Performance

NYSE PG opened at $170.17 on Friday. The Procter & Gamble Company has a 12-month low of $153.52 and a 12-month high of $180.43. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The firm’s 50 day moving average is $166.04 and its 200-day moving average is $169.45. The company has a market capitalization of $399.02 billion, a PE ratio of 27.10, a price-to-earnings-growth ratio of 3.76 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. During the same period in the previous year, the business posted $1.84 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date was Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 90,450 shares of the business’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares in the company, valued at approximately $28,313,845.76. The trade was a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 sale, the chief executive officer now owns 39,977 shares in the company, valued at $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. 0.18% of the stock is owned by insiders.

Procter & Gamble Profile

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.