TFG Advisers LLC Sells 171 Shares of The Procter & Gamble Company (NYSE:PG)

TFG Advisers LLC lowered its holdings in The Procter & Gamble Company (NYSE:PG) by 0.8% in the third quarter, HoldingsChannel.com reports. The firm owned 21,108 shares of the company’s stock after selling 171 shares during the quarter. Procter & Gamble comprises approximately 1.3% of TFG Advisers LLC’s holdings, making the stock its 13th biggest holding. TFG Advisers LLC’s holdings in Procter & Gamble were worth $3,656,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Retirement Planning Group LLC lifted its stake in Procter & Gamble by 3.1% during the first quarter. Retirement Planning Group LLC now owns 4,424 shares of the company’s stock worth $718,000 after purchasing an additional 133 shares during the last quarter. Hoxton Planning & Management LLC increased its holdings in shares of Procter & Gamble by 17.3% during the first quarter. Hoxton Planning & Management LLC now owns 2,201 shares of the company’s stock worth $357,000 after buying an additional 325 shares in the last quarter. Thompson Investment Management Inc. grew its position in Procter & Gamble by 0.6% during the 1st quarter. Thompson Investment Management Inc. now owns 23,390 shares of the company’s stock worth $3,795,000 after acquiring an additional 144 shares during the last quarter. Prentice Wealth Management LLC increased its holdings in Procter & Gamble by 3.1% in the 1st quarter. Prentice Wealth Management LLC now owns 3,995 shares of the company’s stock worth $648,000 after purchasing an additional 120 shares in the last quarter. Finally, Security National Bank raised its position in Procter & Gamble by 20.5% in the first quarter. Security National Bank now owns 693 shares of the company’s stock valued at $112,000 after purchasing an additional 118 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Down 0.1 %

Procter & Gamble stock traded down $0.09 during midday trading on Wednesday, reaching $169.61. The stock had a trading volume of 388,943 shares, compared to its average volume of 6,660,376. The company has a fifty day moving average price of $171.87 and a two-hundred day moving average price of $167.43. The company has a market capitalization of $400.30 billion, a P/E ratio of 29.26, a PEG ratio of 3.72 and a beta of 0.41. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.51. The Procter & Gamble Company has a 12 month low of $142.50 and a 12 month high of $177.94.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.46% and a net margin of 17.71%. The company had revenue of $21.74 billion for the quarter, compared to analyst estimates of $21.99 billion. During the same period in the prior year, the firm earned $1.83 earnings per share. Procter & Gamble’s revenue for the quarter was down .6% on a year-over-year basis. As a group, equities analysts expect that The Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be issued a $1.0065 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.37%. Procter & Gamble’s dividend payout ratio is presently 69.48%.

Wall Street Analyst Weigh In

PG has been the topic of a number of research reports. Citigroup boosted their target price on shares of Procter & Gamble from $177.00 to $190.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. DZ Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Thursday, August 29th. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Morgan Stanley increased their price target on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research note on Monday. Finally, DA Davidson lifted their price objective on Procter & Gamble from $159.00 to $160.00 and gave the stock a “neutral” rating in a research note on Monday. Nine investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $177.00.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO R. Alexandra Keith sold 3,373 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $170.00, for a total value of $573,410.00. Following the completion of the sale, the chief executive officer now directly owns 21,513 shares of the company’s stock, valued at approximately $3,657,210. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, CEO Jon R. Moeller sold 72,174 shares of Procter & Gamble stock in a transaction on Friday, August 9th. The stock was sold at an average price of $171.01, for a total transaction of $12,342,475.74. Following the sale, the chief executive officer now directly owns 263,158 shares in the company, valued at $45,002,649.58. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO R. Alexandra Keith sold 3,373 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $170.00, for a total transaction of $573,410.00. Following the transaction, the chief executive officer now owns 21,513 shares of the company’s stock, valued at approximately $3,657,210. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 383,194 shares of company stock worth $65,140,718. Corporate insiders own 0.18% of the company’s stock.

About Procter & Gamble

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.