Northwest Quadrant Wealth Management LLC Has $930,000 Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Northwest Quadrant Wealth Management LLC raised its stake in The Procter & Gamble Company (NYSE:PG) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,550 shares of the company’s stock after buying an additional 282 shares during the period. Procter & Gamble accounts for 0.2% of Northwest Quadrant Wealth Management LLC’s holdings, making the stock its 24th largest holding. Northwest Quadrant Wealth Management LLC’s holdings in Procter & Gamble were worth $930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in PG. NewSquare Capital LLC boosted its position in Procter & Gamble by 933.3% in the fourth quarter. NewSquare Capital LLC now owns 155 shares of the company’s stock valued at $26,000 after buying an additional 140 shares in the last quarter. Navigoe LLC acquired a new position in shares of Procter & Gamble during the fourth quarter worth $31,000. Hoey Investments Inc. lifted its holdings in shares of Procter & Gamble by 321.7% during the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company’s stock worth $33,000 after purchasing an additional 148 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in shares of Procter & Gamble during the fourth quarter worth $34,000. Finally, Atlantic Private Wealth LLC raised its stake in Procter & Gamble by 95.3% during the fourth quarter. Atlantic Private Wealth LLC now owns 207 shares of the company’s stock worth $35,000 after buying an additional 101 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $158.67 on Wednesday. The company has a fifty day moving average price of $165.33 and a 200-day moving average price of $167.43. The firm has a market cap of $372.01 billion, a price-to-earnings ratio of 25.27, a PEG ratio of 3.76 and a beta of 0.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a 1 year low of $156.58 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. During the same period in the prior year, the firm posted $1.52 EPS. The firm’s quarterly revenue was down 2.1% compared to the same quarter last year. As a group, equities research analysts predict that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Monday, April 21st will be issued a $1.0568 dividend. The ex-dividend date of this dividend is Monday, April 21st. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a dividend yield of 2.66%. Procter & Gamble’s dividend payout ratio is currently 66.98%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on PG shares. Stifel Nicolaus lifted their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Redburn Partners set a $161.00 target price on shares of Procter & Gamble in a research note on Thursday, May 1st. Redburn Atlantic cut shares of 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. Finally, Royal Bank of Canada raised shares of Procter & Gamble from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $164.00 to $177.00 in a research report on Friday, April 25th. Eight analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $178.52.

Insider Activity at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of Procter & Gamble stock in a transaction 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 sale, the insider now directly owns 25,182 shares in the company, valued at $3,995,627.94. The trade was a 29.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 35,000 shares of Procter & Gamble stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total value of $6,078,800.00. Following the sale, the chief executive officer now owns 22,051 shares in the company, valued at $3,829,817.68. The trade was a 61.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 64,520 shares of company stock valued at $10,999,268. 0.18% of the stock is owned by insiders.

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.