Procter & Gamble Co (PG) Shares Bought by Rossmore Private Capital

Rossmore Private Capital grew its stake in Procter & Gamble Co (NYSE:PG) by 33.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,584 shares of the company’s stock after purchasing an additional 2,140 shares during the period. Rossmore Private Capital’s holdings in Procter & Gamble were worth $714,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of PG. RPg Family Wealth Advisory LLC lifted its position in shares of Procter & Gamble by 209.4% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 1,349 shares of the company’s stock worth $105,000 after purchasing an additional 913 shares during the period. Polaris Greystone Financial Group LLC increased its stake in shares of Procter & Gamble by 224.9% in the 3rd quarter. Polaris Greystone Financial Group LLC now owns 1,722 shares of the company’s stock valued at $143,000 after acquiring an additional 1,192 shares in the last quarter. Marshall & Sullivan Inc. WA bought a new stake in shares of Procter & Gamble in the 2nd quarter valued at $149,000. Credit Agricole S A increased its stake in shares of Procter & Gamble by 70.4% in the 2nd quarter. Credit Agricole S A now owns 2,575 shares of the company’s stock valued at $202,000 after acquiring an additional 1,064 shares in the last quarter. Finally, Laurel Grove Capital LLC bought a new stake in Procter & Gamble during the 3rd quarter valued at $202,000. Institutional investors own 58.70% of the company’s stock.

Shares of Procter & Gamble stock opened at $90.64 on Friday. 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 firm has a market cap of $230.34 billion, a price-to-earnings ratio of 21.50, a PEG ratio of 2.97 and a beta of 0.38. Procter & Gamble Co has a 12 month low of $70.73 and a 12 month high of $96.89.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Shareholders of record on Friday, January 18th will be given a dividend of $0.7172 per share. This represents a $2.87 annualized dividend and a yield of 3.17%. The ex-dividend date is Thursday, January 17th. Procter & Gamble’s dividend payout ratio is currently 68.01%.

A number of brokerages recently weighed in on PG. Zacks Investment Research downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday. Bank of America reiterated a “buy” rating and set a $108.00 price target on shares of Procter & Gamble in a research report on Tuesday, January 8th. Barclays reiterated a “hold” rating and set a $89.00 price target on shares of Procter & Gamble in a research report on Tuesday, January 8th. Evercore ISI assumed coverage on shares of Procter & Gamble in a research report on Thursday, January 10th. They issued an “outperform” rating and a $105.00 price objective on the stock. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $87.00 price target on shares of Procter & Gamble in a research report on Monday, October 22nd. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $93.11.

In other Procter & Gamble news, CEO David S. Taylor sold 63,113 shares of the firm’s stock in a transaction on Friday, November 9th. The stock was sold at an average price of $91.68, for a total transaction of $5,786,199.84. Following the completion of the transaction, the chief executive officer now owns 226,393 shares of the company’s stock, valued at $20,755,710.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider R. Alexandra Keith sold 1,463 shares of the firm’s stock in a transaction on Friday, November 2nd. The shares were sold at an average price of $89.89, for a total value of $131,509.07. Following the transaction, the insider now directly owns 45,018 shares of the company’s stock, valued at approximately $4,046,668.02. The disclosure for this sale can be found here. Insiders have sold 502,927 shares of company stock valued at $46,437,282 in the last three months. Insiders own 1.84% of the company’s stock.

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Procter & Gamble Profile

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

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