Procter & Gamble Co (PG) Shares Obtained by Regentatlantic Capital LLC

Procter & Gamble Co (PG) Shares Obtained by Regentatlantic Capital LLC

Regentatlantic Capital LLC increased its stake in Procter & Gamble Co (NYSE:PG) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,191 shares of the company’s stock after buying an additional 237 shares during the period. Regentatlantic Capital LLC’s holdings in Procter & Gamble Co were worth $2,892,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empirical Finance LLC bought a new position in shares of Procter & Gamble Co during the fourth quarter valued at approximately $101,000. Benson Investment Management Company Inc. bought a new position in shares of Procter & Gamble Co during the fourth quarter valued at approximately $147,000. JJJ Advisors Inc. bought a new position in shares of Procter & Gamble Co during the fourth quarter valued at approximately $149,000. New Capital Management LP bought a new position in shares of Procter & Gamble Co during the fourth quarter valued at approximately $210,000. Finally, Loudon Investment Management LLC raised its position in shares of Procter & Gamble Co by 1.9% in the fourth quarter. Loudon Investment Management LLC now owns 2,515 shares of the company’s stock valued at $211,000 after buying an additional 48 shares during the period. Institutional investors and hedge funds own 68.33% of the company’s stock.

Shares of Procter & Gamble Co (NYSE PG) opened at 88.13 on Friday. Procter & Gamble Co has a 12 month low of $80.95 and a 12 month high of $92.00. The stock has a market capitalization of $225.40 billion, a P/E ratio of 16.20 and a beta of 0.64. The company’s 50-day moving average is $87.44 and its 200 day moving average is $87.22. Procter & Gamble Co also was the target of unusually large options trading on Tuesday. Stock traders acquired 823 call options on the company. This represents an increase of 294% compared to the typical volume of 209 call options.

Procter & Gamble Co (NYSE:PG) last released its quarterly earnings results on Wednesday, April 26th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.02. The business had revenue of $15.61 billion during the quarter, compared to analysts’ expectations of $15.70 billion. Procter & Gamble Co had a return on equity of 18.58% and a net margin of 23.44%. The company’s revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.86 EPS. Equities research analysts predict that Procter & Gamble Co will post $3.85 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Friday, April 21st were issued a dividend of $0.6896 per share. The ex-dividend date of this dividend was Wednesday, April 19th. This is a boost from Procter & Gamble Co’s previous quarterly dividend of $0.67. This represents a $2.76 dividend on an annualized basis and a dividend yield of 3.13%. Procter & Gamble Co’s dividend payout ratio is currently 48.73%.

Several research analysts recently issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $101.00 price target on shares of Procter & Gamble Co in a research note on Thursday, March 16th. Vetr upgraded shares of Procter & Gamble Co from a “hold” rating to a “buy” rating and set a $94.67 price target for the company in a research note on Wednesday, April 26th. Deutsche Bank AG reiterated a “hold” rating and issued a $90.00 price target on shares of Procter & Gamble Co in a research note on Thursday, February 16th. Barclays PLC set a $93.00 price target on shares of Procter & Gamble Co and gave the stock a “hold” rating in a research note on Saturday, February 18th. Finally, Evercore ISI reiterated an “underweight” rating on shares of Procter & Gamble Co in a research note on Monday, February 27th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $92.90.

In other news, insider Ioannis Skoufalos sold 3,879 shares of the stock in a transaction on Monday, May 22nd. The stock was sold at an average price of $86.17, for a total transaction of $334,253.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Patrice Louvet sold 48,310 shares of the stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $86.79, for a total value of $4,192,824.90. Following the transaction, the insider now owns 95,340 shares of the company’s stock, valued at $8,274,558.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 199,891 shares of company stock valued at $17,276,637. Company insiders own 0.35% of the company’s stock.

Procter & Gamble Co Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “PG”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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