The Procter & Gamble Company (NYSE:PG) Shares Sold by Blue Square Asset Management LLC

Blue Square Asset Management LLC lowered its stake in shares of The Procter & Gamble Company (NYSE:PG) by 5.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,807 shares of the company’s stock after selling 630 shares during the period. Blue Square Asset Management LLC’s holdings in Procter & Gamble were worth $1,753,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PG. GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in Procter & Gamble during the third quarter worth approximately $2,858,000. VisionPoint Advisory Group LLC raised its stake in shares of Procter & Gamble by 14.4% in the 3rd quarter. VisionPoint Advisory Group LLC now owns 2,119 shares of the company’s stock valued at $309,000 after acquiring an additional 266 shares during the period. Financial Insights Inc. purchased a new position in shares of Procter & Gamble in the 3rd quarter valued at $585,000. Dagco Inc. grew its holdings in Procter & Gamble by 991.3% during the 3rd quarter. Dagco Inc. now owns 244,713 shares of the company’s stock valued at $35,694,000 after purchasing an additional 222,289 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its holdings in Procter & Gamble by 10.4% during the 3rd quarter. Raleigh Capital Management Inc. now owns 9,059 shares of the company’s stock valued at $1,321,000 after purchasing an additional 852 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.8 %

Shares of Procter & Gamble stock traded down $1.28 during trading on Thursday, hitting $165.52. The stock had a trading volume of 5,831,456 shares, compared to its average volume of 6,522,896. The stock has a 50 day simple moving average of $166.04 and a 200 day simple moving average of $159.90. The Procter & Gamble Company has a 1 year low of $141.45 and a 1 year high of $169.41. The company has a market capitalization of $390.65 billion, a PE ratio of 27.06, a P/E/G ratio of 3.18 and a beta of 0.41. The company has a quick ratio of 0.48, a current ratio of 0.69 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 19th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.10. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The firm had revenue of $20.20 billion for the quarter, compared to the consensus estimate of $20.43 billion. During the same period in the previous year, the firm posted $1.37 earnings per share. The firm’s revenue was up .6% on a year-over-year basis. On average, research analysts expect that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Friday, July 19th will be paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Friday, July 19th. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.85%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of Procter & Gamble stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $166.95, for a total value of $5,329,711.80. Following the completion of the sale, the chief executive officer now directly owns 19,042 shares in the company, valued at $3,179,061.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Moses Victor Javier Aguilar sold 9,149 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $167.72, for a total value of $1,534,470.28. Following the completion of the sale, the insider now directly owns 12,929 shares in the company, valued at $2,168,451.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar G. Raman sold 31,924 shares of the business’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $166.95, for a total transaction of $5,329,711.80. Following the completion of the sale, the chief executive officer now owns 19,042 shares of the company’s stock, valued at $3,179,061.90. The disclosure for this sale can be found here. Insiders sold 154,544 shares of company stock worth $25,413,051 over the last ninety days. 0.17% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

PG has been the subject of several recent analyst reports. Citigroup raised their price objective on shares of Procter & Gamble from $177.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday. StockNews.com raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Tuesday, June 25th. Jefferies Financial Group lifted their price target on shares of Procter & Gamble from $175.00 to $182.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Barclays lifted their price objective on shares of Procter & Gamble from $168.00 to $170.00 and gave the company an “overweight” rating in a research report on Tuesday, April 23rd. Finally, BNP Paribas initiated coverage on shares of Procter & Gamble in a research report on Monday, June 24th. They issued an “outperform” rating and a $187.00 price objective on the stock. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $171.74.

Procter & Gamble Profile

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.