MCIA Inc Purchases 2,944 Shares of The Procter & Gamble Company (NYSE:PG)

MCIA Inc grew its position in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 23.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,727 shares of the company’s stock after buying an additional 2,944 shares during the period. Procter & Gamble makes up 1.1% of MCIA Inc’s holdings, making the stock its 25th biggest position. MCIA Inc’s holdings in Procter & Gamble were worth $2,389,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in PG. Price T Rowe Associates Inc. MD increased its position in Procter & Gamble by 22.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 16,567,690 shares of the company’s stock worth $2,382,268,000 after buying an additional 3,054,844 shares during the period. Vanguard Group Inc. increased its position in shares of Procter & Gamble by 1.0% in the third quarter. Vanguard Group Inc. now owns 224,570,227 shares of the company’s stock worth $28,351,991,000 after purchasing an additional 2,197,165 shares during the period. BlackRock Inc. increased its position in shares of Procter & Gamble by 1.1% in the third quarter. BlackRock Inc. now owns 161,904,833 shares of the company’s stock worth $20,440,487,000 after purchasing an additional 1,811,085 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Procter & Gamble by 108.5% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 3,339,628 shares of the company’s stock worth $421,628,000 after purchasing an additional 1,737,742 shares during the period. Finally, Two Sigma Advisers LP increased its position in shares of Procter & Gamble by 431.3% in the third quarter. Two Sigma Advisers LP now owns 1,542,800 shares of the company’s stock worth $194,779,000 after purchasing an additional 1,252,400 shares during the period. Institutional investors own 62.13% of the company’s stock.

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 709 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the transaction, the insider now directly owns 10,198 shares of the company’s stock, valued at $1,400,593.32. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Procter & Gamble news, CEO Jon R. Moeller sold 2,151 shares of the business’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $295,418.34. Following the transaction, the chief executive officer now directly owns 226,748 shares of the company’s stock, valued at $31,141,570.32. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Susan Street Whaley sold 709 shares of the business’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $97,374.06. Following the completion of the transaction, the insider now directly owns 10,198 shares in the company, valued at $1,400,593.32. The disclosure for this sale can be found here. Insiders have sold a total of 4,766 shares of company stock valued at $656,511 over the last ninety days. 0.26% of the stock is owned by company insiders.

Procter & Gamble Stock Performance

Shares of PG stock opened at $142.93 on Friday. The business’s 50-day moving average price is $141.73 and its 200-day moving average price is $140.64. The Procter & Gamble Company has a 12 month low of $122.18 and a 12 month high of $164.90. The firm has a market capitalization of $337.19 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 3.99 and a beta of 0.40. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47.

Procter & Gamble (NYSE:PG – Get Rating) last posted its quarterly earnings data on Thursday, January 19th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $20.77 billion for the quarter, compared to analyst estimates of $20.75 billion. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.66 earnings per share. Equities research analysts forecast that The Procter & Gamble Company will post 5.84 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Friday, January 20th were paid a $0.9133 dividend. This represents a $3.65 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date was Thursday, January 19th. Procter & Gamble’s dividend payout ratio is currently 64.04%.

Analyst Ratings Changes

PG has been the topic of a number of recent analyst reports. Wolfe Research initiated coverage on Procter & Gamble in a research report on Monday, November 21st. They issued an “outperform” rating and a $156.00 price target on the stock. Barclays decreased their price target on Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating on the stock in a research report on Monday, January 23rd. Deutsche Bank Aktiengesellschaft raised their price target on Procter & Gamble from $156.00 to $162.00 and gave the stock a “buy” rating in a research report on Tuesday, December 6th. Citigroup initiated coverage on Procter & Gamble in a research report on Thursday, February 16th. They issued a “buy” rating and a $160.00 target price on the stock. Finally, Jefferies Financial Group lifted their target price on Procter & Gamble from $149.00 to $164.00 in a research report on Tuesday, November 22nd. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $155.67.

Procter & Gamble Company Profile

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.