Orion Portfolio Solutions LLC Has $26.05 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Orion Portfolio Solutions LLC raised its position in The Procter & Gamble Company (NYSE:PG) by 4.7% in the 4th quarter, Holdings Channel reports. The firm owned 155,390 shares of the company’s stock after buying an additional 6,934 shares during the period. Orion Portfolio Solutions LLC’s holdings in Procter & Gamble were worth $26,051,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PG. Pictet Asset Management Holding SA increased its position in shares of Procter & Gamble by 21.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 1,741,225 shares of the company’s stock valued at $291,916,000 after buying an additional 307,800 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in shares of Procter & Gamble by 5.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,115,797 shares of the company’s stock worth $187,063,000 after acquiring an additional 53,768 shares in the last quarter. New Age Alpha Advisors LLC raised its position in shares of Procter & Gamble by 25,155.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 45,713 shares of the company’s stock worth $7,664,000 after purchasing an additional 45,532 shares during the period. AKO Capital LLP lifted its holdings in shares of Procter & Gamble by 10.8% during the 4th quarter. AKO Capital LLP now owns 1,172,423 shares of the company’s stock valued at $196,557,000 after purchasing an additional 114,397 shares in the last quarter. Finally, Norges Bank bought a new stake in Procter & Gamble during the 4th quarter worth approximately $5,244,463,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Barclays reaffirmed an “equal weight” rating on shares of Procter & Gamble in a research note on Thursday. Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 17th. UBS Group reissued a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Stifel Nicolaus increased their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Finally, Wells Fargo & Company boosted their target price on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $181.82.

Insider Transactions at Procter & Gamble

In other news, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares of the company’s stock, valued at approximately $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 18,000 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total value of $3,089,880.00. Following the transaction, the chief executive officer now owns 22,051 shares in the company, valued at approximately $3,785,274.66. This trade represents a 44.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 143,450 shares of company stock worth $23,988,008 over the last quarter. Company insiders own 0.18% of the company’s stock.

Procter & Gamble Stock Performance

PG opened at $168.85 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The stock has a market cap of $395.92 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 12-month low of $153.52 and a 12-month high of $180.43. The business has a 50 day moving average of $168.47 and a 200-day moving average of $169.46.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.84 earnings per share. On average, equities research analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were given a dividend of $1.0065 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.38%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

About Procter & Gamble

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.