Traders Sell Procter & Gamble (PG) on Strength (PG)

Traders sold shares of Procter & Gamble Co (NYSE:PG) on strength during trading on Thursday. $166.79 million flowed into the stock on the tick-up and $328.98 million flowed out of the stock on the tick-down, for a money net flow of $162.19 million out of the stock. Of all companies tracked, Procter & Gamble had the 0th highest net out-flow for the day. Procter & Gamble traded up $0.24 for the day and closed at $93.55

A number of equities research analysts recently commented on the company. Wells Fargo & Co boosted their target price on Procter & Gamble from $78.00 to $84.00 and gave the stock a “market perform” rating in a research report on Monday, October 22nd. They noted that the move was a valuation call. UBS Group set a $82.00 target price on Procter & Gamble and gave the stock a “hold” rating in a research report on Wednesday, October 17th. SunTrust Banks boosted their target price on Procter & Gamble to $85.00 and gave the stock a “hold” rating in a research report on Monday, October 22nd. Stifel Nicolaus reiterated a “hold” rating and issued a $87.00 target price on shares of Procter & Gamble in a research report on Monday, October 22nd. Finally, Zacks Investment Research downgraded Procter & Gamble from a “hold” rating to a “sell” rating in a research report on Monday, October 15th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Procter & Gamble currently has an average rating of “Hold” and a consensus target price of $88.38.

The company has a quick ratio of 0.62, a current ratio of 0.80 and a debt-to-equity ratio of 0.40. The stock has a market cap of $235.23 billion, a PE ratio of 22.17, a P/E/G ratio of 3.06 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 19th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. Procter & Gamble had a return on equity of 21.20% and a net margin of 15.10%. The business had revenue of $16.69 billion for the quarter, compared to the consensus estimate of $16.45 billion. During the same period in the prior year, the business posted $1.09 earnings per share. The company’s quarterly revenue was up .2% compared to the same quarter last year. Analysts forecast that Procter & Gamble Co will post 4.41 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 15th. Shareholders of record on Friday, October 19th were given a dividend of $0.7172 per share. The ex-dividend date was Thursday, October 18th. This represents a $2.87 dividend on an annualized basis and a yield of 3.07%. Procter & Gamble’s dividend payout ratio (DPR) is presently 68.01%.

In other news, insider Carolyn M. Tastad sold 19,791 shares of the stock in a transaction that occurred on Wednesday, November 28th. The stock was sold at an average price of $92.71, for a total value of $1,834,823.61. Following the sale, the insider now directly owns 60,575 shares in the company, valued at $5,615,908.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Juan Fernando Posada sold 1,068 shares of the stock in a transaction that occurred on Friday, November 30th. The stock was sold at an average price of $93.66, for a total value of $100,028.88. Following the completion of the sale, the insider now owns 26,739 shares in the company, valued at $2,504,374.74. The disclosure for this sale can be found here. Over the last quarter, insiders sold 502,927 shares of company stock worth $46,437,282. Company insiders own 1.84% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sei Investments Co. grew its stake in Procter & Gamble by 8.6% in the first quarter. Sei Investments Co. now owns 922,580 shares of the company’s stock worth $73,142,000 after purchasing an additional 72,811 shares in the last quarter. Ballast Inc. boosted its position in Procter & Gamble by 7.2% during the 1st quarter. Ballast Inc. now owns 11,457 shares of the company’s stock valued at $908,000 after acquiring an additional 772 shares in the last quarter. Quadrature Capital Ltd boosted its position in Procter & Gamble by 329.0% during the 1st quarter. Quadrature Capital Ltd now owns 112,843 shares of the company’s stock valued at $8,946,000 after acquiring an additional 86,539 shares in the last quarter. MML Investors Services LLC boosted its position in Procter & Gamble by 12.3% during the 1st quarter. MML Investors Services LLC now owns 122,579 shares of the company’s stock valued at $9,718,000 after acquiring an additional 13,462 shares in the last quarter. Finally, D L Carlson Investment Group Inc. boosted its position in Procter & Gamble by 3.2% during the 1st quarter. D L Carlson Investment Group Inc. now owns 45,851 shares of the company’s stock valued at $3,635,000 after acquiring an additional 1,402 shares in the last quarter. Hedge funds and other institutional investors own 58.78% of the company’s stock.

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Procter & Gamble Company Profile (NYSE:PG)

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

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