Guardian Financial Partners LLC Boosts Holdings in The Procter & Gamble Company (NYSE:PG)

Guardian Financial Partners LLC lifted its stake in shares of The Procter & Gamble Company (NYSE:PG) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,239 shares of the company’s stock after acquiring an additional 197 shares during the period. Guardian Financial Partners LLC’s holdings in Procter & Gamble were worth $543,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PG. Itau Unibanco Holding S.A. purchased a new position in Procter & Gamble during the second quarter worth approximately $28,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of Procter & Gamble during the 3rd quarter worth $33,000. Quest Partners LLC purchased a new position in shares of Procter & Gamble in the 2nd quarter worth $36,000. Costello Asset Management INC boosted its holdings in Procter & Gamble by 2,142.9% in the third quarter. Costello Asset Management INC now owns 314 shares of the company’s stock valued at $54,000 after acquiring an additional 300 shares during the last quarter. Finally, William B. Walkup & Associates Inc. purchased a new stake in Procter & Gamble during the second quarter valued at about $58,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO R. Alexandra Keith sold 1,992 shares of the firm’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total value of $338,640.00. Following the transaction, the chief executive officer now directly owns 13,783 shares in the company, valued at approximately $2,343,110. This trade represents a 12.63 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the sale, the insider now directly owns 11,566 shares of the company’s stock, valued at approximately $1,954,538.34. This represents a 52.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 75,439 shares of company stock worth $13,317,460 over the last ninety days. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PG. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Morgan Stanley lifted their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Barclays downgraded shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price on the stock. in a research note on Monday, September 30th. DA Davidson reaffirmed a “buy” rating and set a $209.00 price target on shares of Procter & Gamble in a research report on Friday, December 27th. Finally, Evercore ISI raised their price objective on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. Eight equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $180.05.

Procter & Gamble Trading Up 0.6 %

NYSE PG opened at $160.54 on Friday. The company has a market capitalization of $378.08 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The Procter & Gamble Company has a 12 month low of $146.28 and a 12 month high of $180.43. The company’s fifty day moving average price is $169.37 and its two-hundred day moving average price is $169.45.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. During the same period last year, the firm earned $1.83 earnings per share. The company’s revenue for the quarter was down .6% compared to the same quarter last year. As a group, research analysts predict that The Procter & Gamble Company will post 6.93 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th will be issued a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.51%. Procter & Gamble’s dividend payout ratio (DPR) is 69.48%.

Procter & Gamble Company 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.