Mosley Wealth Management Buys 302 Shares of The Procter & Gamble Company (NYSE:PG)

Mosley Wealth Management raised its stake in The Procter & Gamble Company (NYSE:PG) by 7.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,233 shares of the company’s stock after buying an additional 302 shares during the quarter. Mosley Wealth Management’s holdings in Procter & Gamble were worth $704,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of PG. Guardian Partners Inc. bought a new position in shares of Procter & Gamble in the fourth quarter worth $343,000. KLP Kapitalforvaltning AS bought a new position in Procter & Gamble in the 4th quarter valued at about $160,630,000. Knights of Columbus Asset Advisors LLC raised its position in shares of Procter & Gamble by 17.7% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 6,272 shares of the company’s stock valued at $1,052,000 after buying an additional 942 shares in the last quarter. Umpqua Bank boosted its position in shares of Procter & Gamble by 11.5% during the 4th quarter. Umpqua Bank now owns 19,001 shares of the company’s stock worth $3,035,000 after acquiring an additional 1,965 shares in the last quarter. Finally, Hillsdale Investment Management Inc. increased its stake in Procter & Gamble by 15.4% in the fourth quarter. Hillsdale Investment Management Inc. now owns 5,231 shares of the company’s stock valued at $877,000 after acquiring an additional 700 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of research analyst reports. Stifel Nicolaus raised their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Wells Fargo & Company upped their target price on Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. cut their price target on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. Finally, Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.47.

Procter & Gamble Stock Performance

NYSE:PG opened at $166.60 on Friday. 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 Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The company has a fifty day moving average of $167.97 and a 200-day moving average of $169.69. The firm has a market capitalization of $390.66 billion, a P/E ratio of 26.53, a P/E/G ratio of 3.76 and a beta of 0.41.

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

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were issued a dividend of $1.0065 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.42%. Procter & Gamble’s dividend payout ratio is 64.01%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of Procter & Gamble stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the completion of the transaction, the chief executive officer now owns 22,051 shares in the company, valued at approximately $3,829,817.68. The trade was a 61.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction 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 sale, the insider now owns 172,814 shares of the company’s stock, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,450 shares of company stock valued at $23,988,008 over the last ninety days. 0.18% of the stock is owned by company 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.