UniSuper Management Pty Ltd Has $120.20 Million Holdings in The Procter & Gamble Company (NYSE:PG)

UniSuper Management Pty Ltd lifted its position in shares of The Procter & Gamble Company (NYSE:PG) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 716,962 shares of the company’s stock after acquiring an additional 17,573 shares during the quarter. Procter & Gamble makes up approximately 0.9% of UniSuper Management Pty Ltd’s portfolio, making the stock its 17th biggest position. UniSuper Management Pty Ltd’s holdings in Procter & Gamble were worth $120,199,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Moment Partners LLC acquired a new stake in Procter & Gamble during the 4th quarter worth approximately $558,000. Sava Infond d.o.o. acquired a new position in shares of Procter & Gamble during the fourth quarter worth $1,980,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Procter & Gamble by 24.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 8,426,726 shares of the company’s stock worth $1,391,505,000 after purchasing an additional 1,632,014 shares during the last quarter. Cottage Street Advisors LLC increased its holdings in Procter & Gamble by 3.6% in the fourth quarter. Cottage Street Advisors LLC now owns 5,646 shares of the company’s stock valued at $947,000 after purchasing an additional 195 shares during the period. Finally, Tyler Stone Wealth Management lifted its holdings in Procter & Gamble by 1.5% during the 4th quarter. Tyler Stone Wealth Management now owns 4,702 shares of the company’s stock worth $788,000 after buying an additional 69 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on PG shares. UBS Group reissued a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Barclays increased their target price on shares of Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Wells Fargo & Company increased their price objective on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Stifel Nicolaus boosted their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, twelve have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $181.47.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $173.68, for a total value of $6,078,800.00. Following the completion of the sale, the chief executive officer now owns 22,051 shares in the company, valued at approximately $3,829,817.68. This trade represents a 61.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 143,450 shares of company stock valued at $23,988,008 over the last 90 days. Insiders own 0.18% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $166.48 on Thursday. The company has a market cap of $390.38 billion, a P/E ratio of 26.51, a PEG ratio of 3.76 and a beta of 0.41. The company has a fifty day simple moving average of $168.31 and a 200 day simple moving average of $169.47. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a 12-month low of $153.52 and a 12-month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. During the same period last year, the company earned $1.84 earnings per share. The business’s revenue was up 2.1% on a year-over-year basis. Sell-side analysts predict that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were issued a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. Procter & Gamble’s dividend payout ratio is presently 64.01%.

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.