The Procter & Gamble Company (NYSE:PG) Shares Purchased by Dakota Community Bank & Trust NA

Dakota Community Bank & Trust NA grew its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 2,078 shares of the company’s stock after acquiring an additional 66 shares during the quarter. Procter & Gamble comprises 1.7% of Dakota Community Bank & Trust NA’s portfolio, making the stock its 19th largest holding. Dakota Community Bank & Trust NA’s holdings in Procter & Gamble were worth $348,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Fiera Capital Corp grew its stake in Procter & Gamble by 1,135.1% during the 2nd quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock worth $3,412,000 after buying an additional 19,013 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in shares of Procter & Gamble by 9.3% during the second quarter. Pacer Advisors Inc. now owns 222,592 shares of the company’s stock valued at $36,710,000 after acquiring an additional 18,855 shares during the period. Sei Investments Co. increased its holdings in shares of Procter & Gamble by 3.6% in the 2nd quarter. Sei Investments Co. now owns 852,073 shares of the company’s stock worth $140,517,000 after acquiring an additional 29,746 shares during the period. Ameritas Investment Partners Inc. lifted its position in Procter & Gamble by 1.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 56,081 shares of the company’s stock valued at $9,249,000 after purchasing an additional 764 shares during the last quarter. Finally, Kiely Wealth Advisory Group Inc. boosted its stake in Procter & Gamble by 12.3% during the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 1,808 shares of the company’s stock valued at $309,000 after purchasing an additional 198 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on PG shares. UBS Group dropped their price target on shares of Procter & Gamble from $196.00 to $189.00 and set a “buy” rating on the stock in a research note on Thursday. Stifel Nicolaus reduced their price target on Procter & Gamble from $167.00 to $161.00 and set a “hold” rating for the company in a research report on Friday. DA Davidson reissued a “buy” rating and set a $209.00 price target on shares of Procter & Gamble in a report on Friday, December 27th. JPMorgan Chase & Co. reduced their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Eight analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $179.65.

Insider Buying and Selling at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total value of $2,163,072.00. Following the completion of the sale, the insider now directly owns 11,566 shares of the company’s stock, valued at $1,954,538.34. This represents a 52.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO R. Alexandra Keith sold 1,992 shares of the business’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of $170.00, for a total transaction of $338,640.00. Following the transaction, the chief executive officer now directly owns 13,783 shares in the company, valued at $2,343,110. The trade was a 12.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 75,439 shares of company stock valued at $13,317,460 in the last three months. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Trading Up 0.5 %

Shares of NYSE PG opened at $161.35 on Friday. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a 12 month low of $146.28 and a 12 month high of $180.43. The company has a market cap of $379.98 billion, a price-to-earnings ratio of 27.82, a P/E/G ratio of 3.41 and a beta of 0.45. The business has a fifty day simple moving average of $169.19 and a 200-day simple moving average of $169.38.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The company had revenue of $21.74 billion during 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. The business’s quarterly revenue was down .6% on a year-over-year basis. Sell-side analysts predict that The Procter & Gamble Company will post 6.93 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th will be given a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.50%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s payout ratio is 69.48%.

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.