The Procter & Gamble Company (NYSE:PG) Stock Position Raised by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,368 shares of the company’s stock after buying an additional 451 shares during the period. Oxbow Advisors LLC’s holdings in Procter & Gamble were worth $1,738,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Lakeridge Wealth Management LLC boosted its position in Procter & Gamble by 0.6% in the fourth quarter. Lakeridge Wealth Management LLC now owns 10,807 shares of the company’s stock valued at $1,812,000 after buying an additional 60 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in Procter & Gamble by 11.2% in the third quarter. Valued Wealth Advisors LLC now owns 605 shares of the company’s stock valued at $105,000 after buying an additional 61 shares in the last quarter. Colton Groome Financial Advisors LLC boosted its position in Procter & Gamble by 3.2% in the fourth quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company’s stock valued at $334,000 after buying an additional 62 shares in the last quarter. Tevis Investment Management boosted its position in Procter & Gamble by 0.6% in the fourth quarter. Tevis Investment Management now owns 11,633 shares of the company’s stock valued at $1,950,000 after buying an additional 65 shares in the last quarter. Finally, Dakota Community Bank & Trust NA boosted its position in Procter & Gamble by 3.3% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,078 shares of the company’s stock valued at $348,000 after buying an additional 66 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In related news, insider Marc S. Pritchard sold 90,450 shares of the stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares in the company, valued at approximately $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 39,977 shares of the company’s stock, valued at $7,189,463.68. The trade was a 54.48 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Stifel Nicolaus boosted their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced 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, January 16th. DA Davidson reiterated a “buy” rating and set a $209.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. UBS Group reduced their target price on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Finally, Wells Fargo & Company upped their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.53.

Procter & Gamble Stock Up 1.8 %

Shares of NYSE:PG opened at $170.17 on Friday. The company has a market capitalization of $399.02 billion, a PE ratio of 27.10, a PEG ratio of 3.76 and a beta of 0.45. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a 50 day moving average price of $166.04 and a two-hundred day moving average price of $169.44.

Procter & Gamble (NYSE:PG) last released 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 company had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.84 earnings per share. Analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.17%.

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.