Brown Advisory Inc. Sells 3,378 Shares of Procter & Gamble Company (The) (NYSE:PG)

Brown Advisory Inc. decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 852,216 shares of the company’s stock after selling 3,378 shares during the period. Brown Advisory Inc.’s holdings in Procter & Gamble were worth $145,235,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PG. Navigoe LLC bought a new stake in shares of Procter & Gamble during the 4th quarter valued at $31,000. Capital A Wealth Management LLC acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $31,000. Hoey Investments Inc. grew its holdings in shares of Procter & Gamble by 321.7% in the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 148 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $34,000. Finally, 10Elms LLP acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $34,000. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total transaction of $161,380.00. Following the transaction, the chief executive officer owned 51,965 shares in the company, valued at $8,386,111.70. This represents a 1.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $158.67, for a total transaction of $1,669,208.40. Following the transaction, the insider owned 25,182 shares in the company, valued at approximately $3,995,627.94. The trade was a 29.47% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Royal Bank Of Canada raised shares of Procter & Gamble from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $164.00 to $177.00 in a report on Friday, April 25th. Bank of America decreased their price target on shares of Procter & Gamble from $190.00 to $180.00 and set a “buy” rating for the company in a report on Friday, April 25th. JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $181.00 to $172.00 and set an “overweight” rating for the company in a research note on Friday, April 11th. Redburn Atlantic lowered shares of Procter & Gamble from a “buy” rating to a “neutral” rating and set a $161.00 target price for the company. in a research note on Thursday, May 1st. Finally, Morgan Stanley set a $180.00 target price on shares of Procter & Gamble and gave the stock an “overweight” rating in a research note on Friday, April 25th. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $178.45.

Procter & Gamble Stock Down 0.2%

Shares of PG stock opened at $160.46 on Tuesday. The stock has a market cap of $376.21 billion, a price-to-earnings ratio of 25.47, a PEG ratio of 4.58 and a beta of 0.40. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.50 and a current ratio of 0.71. Procter & Gamble Company has a 52-week low of $156.58 and a 52-week high of $180.43. The firm’s 50-day moving average is $162.07 and its 200-day moving average is $165.20.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. The firm had revenue of $19.78 billion for the quarter, compared to analysts’ expectations of $20.42 billion. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The business’s revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

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.