Steigerwald Gordon & Koch Inc. Has $1.70 Million Position in The Procter & Gamble Company (NYSE:PG)

Steigerwald Gordon & Koch Inc. lowered its position in shares of The Procter & Gamble Company (NYSE:PG) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,153 shares of the company’s stock after selling 117 shares during the quarter. Steigerwald Gordon & Koch Inc.’s holdings in Procter & Gamble were worth $1,702,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PG. Fiera Capital Corp boosted its holdings in shares of Procter & Gamble by 1,135.1% in the second quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock valued at $3,412,000 after buying an additional 19,013 shares during the period. Pacer Advisors Inc. lifted its position in shares of Procter & Gamble by 9.3% in the second quarter. Pacer Advisors Inc. now owns 222,592 shares of the company’s stock worth $36,710,000 after purchasing an additional 18,855 shares in the last quarter. Westwood Holdings Group Inc. lifted its position in shares of Procter & Gamble by 9.8% in the second quarter. Westwood Holdings Group Inc. now owns 7,863 shares of the company’s stock worth $1,297,000 after purchasing an additional 705 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Procter & Gamble by 9.2% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 112,097 shares of the company’s stock worth $18,487,000 after purchasing an additional 9,415 shares in the last quarter. Finally, Kowal Investment Group LLC lifted its position in shares of Procter & Gamble by 4.9% in the second quarter. Kowal Investment Group LLC now owns 15,850 shares of the company’s stock worth $2,614,000 after purchasing an additional 744 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on PG shares. Evercore ISI boosted their price objective on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $164.00 price target on shares of Procter & Gamble in a research report on Monday, October 21st. Morgan Stanley upped their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday. Eight investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $179.65.

Procter & Gamble Trading Up 0.5 %

PG stock opened at $161.35 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The company’s 50-day simple moving average is $169.19 and its 200 day simple moving average is $169.42. The Procter & Gamble Company has a 52 week low of $146.28 and a 52 week high of $180.43. The company has a market capitalization of $379.98 billion, a PE ratio of 27.82, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45.

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

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be paid a $1.0065 dividend. The ex-dividend date of this dividend is Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.50%. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.31%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO R. Alexandra Keith sold 1,992 shares of the stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total transaction of $338,640.00. Following the sale, the chief executive officer now directly owns 13,783 shares in the company, valued at $2,343,110. This represents a 12.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following 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. Insiders have sold 75,439 shares of company stock worth $13,317,460 over the last ninety days. Corporate insiders own 0.18% of the company’s stock.

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.