Level Four Advisory Services LLC Has $6.41 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Level Four Advisory Services LLC boosted its holdings in The Procter & Gamble Company (NYSE:PG) by 4.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 43,771 shares of the company’s stock after acquiring an additional 1,968 shares during the quarter. Level Four Advisory Services LLC’s holdings in Procter & Gamble were worth $6,414,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cerity Partners LLC boosted its position in Procter & Gamble by 106.2% during the 4th quarter. Cerity Partners LLC now owns 6,134,455 shares of the company’s stock worth $898,943,000 after buying an additional 3,159,796 shares during the period. Wellington Management Group LLP boosted its stake in Procter & Gamble by 9.4% during the third quarter. Wellington Management Group LLP now owns 35,608,913 shares of the company’s stock worth $5,193,916,000 after acquiring an additional 3,047,557 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Procter & Gamble by 13,850.3% in the fourth quarter. International Assets Investment Management LLC now owns 2,747,379 shares of the company’s stock worth $402,601,000 after purchasing an additional 2,727,685 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of Procter & Gamble by 235.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 3,231,032 shares of the company’s stock valued at $473,475,000 after purchasing an additional 2,268,805 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of Procter & Gamble during the 3rd quarter worth about $246,412,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG traded down $0.22 on Friday, hitting $167.64. 4,700,819 shares of the stock traded hands, compared to its average volume of 6,490,397. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 0.69. The business’s fifty day moving average is $161.31 and its two-hundred day moving average is $155.42. The Procter & Gamble Company has a 12 month low of $141.45 and a 12 month high of $168.34. The firm has a market capitalization of $395.65 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 3.40 and a beta of 0.43.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 19th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The company had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. During the same quarter in the prior year, the company earned $1.37 EPS. The firm’s quarterly revenue was up .6% compared to the same quarter last year. As a group, equities analysts anticipate that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th were given a $1.0065 dividend. The ex-dividend date was Thursday, April 18th. This represents a $4.03 annualized dividend and a dividend yield of 2.40%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s payout ratio is 65.85%.

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 3,865 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $160.60, for a total transaction of $620,719.00. Following the sale, the insider now owns 11,886 shares of the company’s stock, valued at approximately $1,908,891.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Susan Street Whaley sold 3,865 shares of the business’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the completion of the transaction, the insider now directly owns 11,886 shares in the company, valued at approximately $1,908,891.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO R. Alexandra Keith sold 776 shares of the stock in a transaction on Monday, March 4th. The stock was sold at an average price of $158.11, for a total value of $122,693.36. Following the completion of the sale, the chief executive officer now owns 4,859 shares in the company, valued at approximately $768,256.49. The disclosure for this sale can be found here. In the last ninety days, insiders sold 149,261 shares of company stock valued at $24,375,791. Company insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Wells Fargo & Company increased their price target on Procter & Gamble from $162.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. The Goldman Sachs Group initiated coverage on shares of Procter & Gamble in a report on Friday, March 1st. They set a “neutral” rating and a $168.00 price objective on the stock. StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Procter & Gamble from $172.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Finally, Raymond James boosted their price objective on Procter & Gamble from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $169.76.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.