Procter & Gamble Company (The) (NYSE:PG – Get Free Report) insider Susan Street Whaley sold 2,408 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $366,569.84. Following the transaction, the insider directly owned 31,770 shares of the company’s stock, valued at $4,836,347.10. This represents a 7.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Susan Street Whaley also recently made the following trade(s):
- On Friday, August 29th, Susan Street Whaley sold 1,000 shares of Procter & Gamble stock. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00.
- On Tuesday, August 19th, Susan Street Whaley sold 6,167 shares of Procter & Gamble stock. The stock was sold at an average price of $157.27, for a total transaction of $969,884.09.
Procter & Gamble Trading Up 1.5%
NYSE PG opened at $152.60 on Wednesday. The stock has a market capitalization of $357.16 billion, a P/E ratio of 23.44, a P/E/G ratio of 4.13 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The firm has a 50-day moving average price of $155.30 and a 200 day moving average price of $159.79. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.
Institutional Investors Weigh In On Procter & Gamble
A number of large investors have recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble during the 1st quarter valued at $26,000. Signature Resources Capital Management LLC boosted its holdings in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP acquired a new stake in shares of Procter & Gamble during the first quarter worth $33,000. Mizuho Securities Co. Ltd. boosted its holdings in shares of Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after purchasing an additional 170 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth $34,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on PG. Barclays lowered their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. JPMorgan Chase & Co. restated a “neutral” rating and issued a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Finally, Berenberg Bank upped their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $173.11.
View Our Latest Analysis on Procter & Gamble
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.
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