The Procter & Gamble Company (NYSE:PG) Receives $180.53 Average PT from Analysts

Shares of The Procter & Gamble Company (NYSE:PG) have received a consensus rating of “Moderate Buy” from the twenty-two research firms that are currently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $180.42.

PG has been the subject of a number of recent research reports. DA Davidson reiterated a “buy” rating and set a $209.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Barclays upped their target price on Procter & Gamble from $155.00 to $159.00 and gave the company an “equal weight” rating in a research note on Thursday, January 23rd. Stifel Nicolaus increased their target price 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, UBS Group restated a “buy” rating on shares of Procter & Gamble in a report on Monday, February 10th.

Procter & Gamble Trading Up 0.5 %

Shares of PG opened at $172.07 on Friday. Procter & Gamble has a 1-year low of $153.52 and a 1-year high of $180.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The firm has a 50 day simple moving average of $166.17 and a 200-day simple moving average of $169.49. The stock has a market cap of $403.48 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 3.76 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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.84 earnings per share. Equities analysts forecast that Procter & Gamble will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were paid a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.34%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 18,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total value of $3,089,880.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company’s stock, valued at approximately $3,785,274.66. This trade represents a 44.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Procter & Gamble

Several hedge funds and other institutional investors have recently modified their holdings of PG. Brucke Financial Inc. bought a new position in shares of Procter & Gamble during the fourth quarter worth about $359,000. Omnia Family Wealth LLC raised its stake in Procter & Gamble by 2.0% during the fourth quarter. Omnia Family Wealth LLC now owns 4,222 shares of the company’s stock valued at $708,000 after buying an additional 84 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in Procter & Gamble by 8.2% during the 4th quarter. Jefferies Financial Group Inc. now owns 48,451 shares of the company’s stock worth $8,123,000 after buying an additional 3,667 shares during the last quarter. Landaas & Co. WI ADV grew its position in shares of Procter & Gamble by 1.7% in the 4th quarter. Landaas & Co. WI ADV now owns 6,748 shares of the company’s stock worth $1,131,000 after acquiring an additional 110 shares in the last quarter. Finally, Bernard Wealth Management Corp. bought a new stake in shares of Procter & Gamble in the 4th quarter valued at approximately $52,000. Institutional investors own 65.77% of the company’s stock.

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.