Partners in Financial Planning Buys 530 Shares of Procter & Gamble Company (The) (NYSE:PG)

Partners in Financial Planning boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 15.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,017 shares of the company’s stock after buying an additional 530 shares during the period. Partners in Financial Planning’s holdings in Procter & Gamble were worth $684,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Unique Wealth LLC grew its holdings in shares of Procter & Gamble by 2.9% in the first quarter. Unique Wealth LLC now owns 2,141 shares of the company’s stock worth $365,000 after acquiring an additional 61 shares during the period. Stableford Capital II LLC grew its holdings in shares of Procter & Gamble by 1.1% in the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock worth $993,000 after acquiring an additional 61 shares during the period. Bernard Wealth Management Corp. grew its holdings in shares of Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company’s stock worth $64,000 after acquiring an additional 63 shares during the period. Kolinsky Wealth Management LLC grew its holdings in shares of Procter & Gamble by 1.1% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company’s stock worth $962,000 after acquiring an additional 64 shares during the period. Finally, Retirement Planning Group LLC grew its holdings in shares of Procter & Gamble by 1.4% in the fourth quarter. Retirement Planning Group LLC now owns 4,704 shares of the company’s stock worth $789,000 after acquiring an additional 64 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of the company’s stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total transaction of $161,380.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the stock in a transaction on Monday, May 5th. The shares were sold at an average price of $158.67, for a total value of $1,669,208.40. Following the sale, the insider owned 25,182 shares of the company’s stock, valued at approximately $3,995,627.94. This represents 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.

Procter & Gamble Stock Down 1.0%

Shares of NYSE:PG opened at $158.97 on Tuesday. Procter & Gamble Company has a 52-week low of $156.58 and a 52-week high of $180.43. The stock has a market cap of $372.71 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 4.58 and a beta of 0.40. The business’s 50 day moving average is $162.07 and its 200 day moving average is $165.20. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47.

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

Analyst Ratings Changes

Several research firms recently weighed in on PG. Redburn Partners set a $161.00 target price on Procter & Gamble in a research report on Thursday, May 1st. Redburn Atlantic downgraded Procter & Gamble from a “buy” rating to a “neutral” rating and set a $161.00 price objective on the stock. in a research report on Thursday, May 1st. Raymond James Financial lowered their price objective on Procter & Gamble from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Friday, April 25th. Royal Bank Of Canada upgraded Procter & Gamble from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $164.00 to $177.00 in a research report on Friday, April 25th. Finally, JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $181.00 to $172.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. Eight analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.45.

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.