The Procter & Gamble Company (NYSE:PG) Shares Bought by Mount Yale Investment Advisors LLC

Mount Yale Investment Advisors LLC increased its stake in The Procter & Gamble Company (NYSE:PG) by 6.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 44,694 shares of the company’s stock after buying an additional 2,839 shares during the period. Procter & Gamble makes up approximately 0.6% of Mount Yale Investment Advisors LLC’s holdings, making the stock its 24th biggest position. Mount Yale Investment Advisors LLC’s holdings in Procter & Gamble were worth $7,493,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Quarry LP lifted its stake in Procter & Gamble by 177.0% during the second quarter. Quarry LP now owns 820 shares of the company’s stock valued at $135,000 after buying an additional 524 shares in the last quarter. Gateway Wealth Partners LLC raised its holdings in shares of Procter & Gamble by 12.2% during the second quarter. Gateway Wealth Partners LLC now owns 2,227 shares of the company’s stock valued at $367,000 after acquiring an additional 243 shares during the period. Advisory Alpha LLC lifted its position in shares of Procter & Gamble by 5.5% in the 2nd quarter. Advisory Alpha LLC now owns 13,065 shares of the company’s stock valued at $2,155,000 after acquiring an additional 681 shares in the last quarter. 3Chopt Investment Partners LLC boosted its stake in Procter & Gamble by 1.4% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 18,225 shares of the company’s stock worth $3,006,000 after purchasing an additional 253 shares during the period. Finally, Aldebaran Financial Inc. grew its position in Procter & Gamble by 1.2% during the 2nd quarter. Aldebaran Financial Inc. now owns 13,216 shares of the company’s stock worth $2,180,000 after purchasing an additional 159 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Barclays raised their target price on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $164.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. DA Davidson restated a “buy” rating and set a $209.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Finally, Evercore ISI upped their price objective on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Eight analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $180.53.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $166.35 on Wednesday. The business’s 50-day simple moving average is $168.83 and its 200-day simple moving average is $169.42. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.55 and a current ratio of 0.76. The firm has a market cap of $390.07 billion, a price-to-earnings ratio of 26.49, a P/E/G ratio of 3.69 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 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 32.88%. The company had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. During the same quarter last year, the firm posted $1.84 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts expect that The Procter & Gamble Company will post 6.94 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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

Insider Buying and Selling

In related news, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the sale, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at $7,189,463.68. This trade represents a 54.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the completion of the transaction, the insider now directly owns 11,595 shares of the company’s stock, valued at approximately $2,002,804.35. This trade represents a 52.47 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 151,097 shares of company stock valued at $25,635,076. Insiders own 0.18% of the company’s stock.

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.