Windsor Advisory Group LLC Sells 1,802 Shares of The Procter & Gamble Company (NYSE:PG)

Windsor Advisory Group LLC reduced its stake in shares of The Procter & Gamble Company (NYSE:PG) by 34.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,465 shares of the company’s stock after selling 1,802 shares during the period. Windsor Advisory Group LLC’s holdings in Procter & Gamble were worth $581,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PG. Norges Bank bought a new position in shares of Procter & Gamble during the fourth quarter worth about $5,244,463,000. Raymond James Financial Inc. acquired a new position in Procter & Gamble during the 4th quarter worth approximately $1,010,685,000. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of Procter & Gamble by 1,195.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,222,585 shares of the company’s stock worth $580,596,000 after acquiring an additional 2,973,757 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Procter & Gamble by 62.5% in the fourth quarter. Capital Research Global Investors now owns 7,398,120 shares of the company’s stock valued at $1,240,294,000 after purchasing an additional 2,846,560 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Procter & Gamble by 10.1% in the fourth quarter. Northern Trust Corp now owns 29,395,208 shares of the company’s stock worth $4,928,107,000 after purchasing an additional 2,703,757 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the topic of several recent research reports. Royal Bank of Canada upgraded shares of Procter & Gamble from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from $164.00 to $177.00 in a research note on Friday, April 25th. Morgan Stanley set a $180.00 target price on Procter & Gamble and gave the company an “overweight” rating in a research report on Friday, April 25th. Wells Fargo & Company increased their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Finally, Redburn Partners set a $161.00 price objective on Procter & Gamble in a report on Thursday, May 1st. Eight analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $178.52.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares in the company, valued at $3,829,817.68. This trade represents a 61.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the company’s stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total value of $161,380.00. Following the sale, the chief executive officer now owns 51,965 shares of the company’s stock, valued at approximately $8,386,111.70. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 64,520 shares of company stock worth $10,999,268 in the last quarter. 0.18% of the stock is currently owned by corporate insiders.

Procter & Gamble Trading Up 0.9%

Shares of NYSE:PG opened at $164.78 on Tuesday. The Procter & Gamble Company has a 12-month low of $156.58 and a 12-month high of $180.43. The business has a 50 day moving average of $164.42 and a 200-day moving average of $167.31. 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 $386.33 billion, a PE ratio of 26.24, a P/E/G ratio of 3.76 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, April 24th. The company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. The business had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.52 EPS. As a group, equities research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.57%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.01. The ex-dividend date was Monday, April 21st. Procter & Gamble’s dividend payout ratio (DPR) is currently 66.98%.

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.