Procter & Gamble Company (The) (PG) Shares Sold by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 20,263 shares of the company’s stock after selling 435 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Procter & Gamble Company (The) were worth $1,821,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empirical Finance LLC acquired a new stake in Procter & Gamble Company (The) during the fourth quarter valued at $101,000. Asset Planning Services Ltd. increased its stake in Procter & Gamble Company (The) by 79.7% in the first quarter. Asset Planning Services Ltd. now owns 1,186 shares of the company’s stock valued at $107,000 after buying an additional 526 shares during the last quarter. Edge Wealth Management LLC increased its stake in Procter & Gamble Company (The) by 17.1% in the first quarter. Edge Wealth Management LLC now owns 1,640 shares of the company’s stock valued at $148,000 after buying an additional 240 shares during the last quarter. Feltz Wealth PLAN Inc. bought a new stake in Procter & Gamble Company (The) during the first quarter valued at $184,000. Finally, Riverpoint Wealth Management Holdings LLC bought a new stake in Procter & Gamble Company (The) during the fourth quarter valued at $211,000. 59.69% of the stock is currently owned by institutional investors and hedge funds.

Shares of Procter & Gamble Company (NYSE PG) traded up 0.15% during mid-day trading on Tuesday, hitting $91.58. The stock had a trading volume of 5,595,675 shares. Procter & Gamble Company has a 1-year low of $81.18 and a 1-year high of $92.00. The company has a market capitalization of $233.83 billion, a P/E ratio of 16.37 and a beta of 0.68. The stock’s 50-day moving average price is $88.75 and its 200 day moving average price is $88.72. Procter & Gamble Company (The) also saw some unusual options trading on Monday. Investors acquired 35,861 call options on the stock. This represents an increase of 509% compared to the typical volume of 5,886 call options.

Procter & Gamble Company (The) (NYSE:PG) last announced its quarterly earnings results on Thursday, July 27th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.07. The company had revenue of $16.08 billion during the quarter, compared to analysts’ expectations of $16.01 billion. Procter & Gamble Company (The) had a return on equity of 19.52% and a net margin of 23.56%. The firm’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share. On average, analysts predict that Procter & Gamble Company will post $4.17 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Friday, July 21st will be given a $0.6896 dividend. This represents a $2.76 annualized dividend and a dividend yield of 3.01%. The ex-dividend date is Wednesday, July 19th. Procter & Gamble Company (The)’s dividend payout ratio (DPR) is presently 49.37%.

COPYRIGHT VIOLATION NOTICE: “Procter & Gamble Company (The) (PG) Shares Sold by Boyd Watterson Asset Management LLC OH” was first reported by Markets Daily and is the sole property of of Markets Daily. If you are viewing this news story on another domain, it was illegally copied and reposted in violation of U.S. and international copyright law. The legal version of this news story can be accessed at https://www.themarketsdaily.com/2017/08/08/boyd-watterson-asset-management-llc-oh-has-1-82-million-position-in-procter-gamble-company-the-pg-updated-updated-updated.html.

A number of equities research analysts have weighed in on PG shares. Jefferies Group LLC reissued a “buy” rating and issued a $103.00 price target (up from $101.00) on shares of Procter & Gamble Company (The) in a report on Tuesday, April 18th. Vetr raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $94.67 price target for the company in a report on Wednesday, April 26th. UBS AG reaffirmed a “buy” rating and set a $102.00 price objective (down from $104.00) on shares of Procter & Gamble Company (The) in a research note on Friday, April 28th. Zacks Investment Research raised shares of Procter & Gamble Company (The) from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a research note on Tuesday, August 1st. Finally, Capital One Financial Corporation lowered shares of Procter & Gamble Company (The) from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $5.00 to $2.00 in a research note on Thursday, June 22nd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $88.21.

In other news, insider Ioannis Skoufalos sold 3,879 shares of Procter & Gamble Company (The) stock in a transaction dated Monday, May 22nd. The stock was sold at an average price of $86.17, for a total value of $334,253.43. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Patrice Louvet sold 62,350 shares of Procter & Gamble Company (The) stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $86.27, for a total value of $5,378,934.50. The disclosure for this sale can be found here. Insiders have sold 203,898 shares of company stock valued at $17,666,387 in the last three months. 0.35% of the stock is owned by corporate insiders.

Procter & Gamble Company (The) 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.

Institutional Ownership by Quarter for Procter & Gamble Company (The) (NYSE:PG)

Receive News & Ratings for Procter & Gamble Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply