Roberts Wealth Advisors LLC Has $4.03 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Roberts Wealth Advisors LLC lifted its position in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 5.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,601 shares of the company’s stock after buying an additional 1,292 shares during the quarter. Procter & Gamble comprises 1.9% of Roberts Wealth Advisors LLC’s holdings, making the stock its 12th biggest position. Roberts Wealth Advisors LLC’s holdings in Procter & Gamble were worth $4,032,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Legend Financial Advisors Inc. bought a new position in shares of Procter & Gamble in the third quarter worth $30,000. Belmont Capital LLC increased its position in shares of Procter & Gamble by 40.0% in the third quarter. Belmont Capital LLC now owns 385 shares of the company’s stock worth $49,000 after purchasing an additional 110 shares during the period. Align Wealth Management LLC bought a new position in shares of Procter & Gamble in the fourth quarter worth $50,000. Horizons Wealth Management bought a new position in shares of Procter & Gamble in the second quarter worth $52,000. Finally, JDM Financial Group LLC bought a new position in shares of Procter & Gamble in the fourth quarter worth $67,000. Institutional investors and hedge funds 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 related news, CEO Jon R. Moeller sold 2,151 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 $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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 announced its quarterly earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The firm 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 business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm posted $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 Announces Dividend

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 of this dividend was Thursday, January 19th. Procter & Gamble’s dividend payout ratio is currently 64.04%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PG. Wolfe Research began 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 target price 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. Stifel Nicolaus lifted their target price on Procter & Gamble from $139.00 to $147.00 and gave the company a “hold” rating in a research report on Friday, January 20th. StockNews.com started coverage on Procter & Gamble in a research report on Thursday. They issued a “hold” rating on the stock. Finally, Citigroup started 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. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.