Apella Capital LLC Has $1.91 Million Stake in The Procter & Gamble Company (NYSE:PG)

Apella Capital LLC increased its holdings in The Procter & Gamble Company (NYSE:PG – Get Rating) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,622 shares of the company’s stock after buying an additional 617 shares during the period. Apella Capital LLC’s holdings in Procter & Gamble were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Coldstream Capital Management Inc. acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $10,165,000. Campbell Wealth Management acquired a new position in Procter & Gamble during the fourth quarter valued at approximately $205,000. Stillwater Investment Management LLC raised its position in Procter & Gamble by 0.6% during the fourth quarter. Stillwater Investment Management LLC now owns 20,248 shares of the company’s stock valued at $3,069,000 after purchasing an additional 127 shares in the last quarter. Single Point Partners LLC raised its position in Procter & Gamble by 2.2% during the fourth quarter. Single Point Partners LLC now owns 3,910 shares of the company’s stock valued at $593,000 after purchasing an additional 85 shares in the last quarter. Finally, Woodstock Corp raised its position in Procter & Gamble by 0.5% during the fourth quarter. Woodstock Corp now owns 81,966 shares of the company’s stock valued at $12,423,000 after purchasing an additional 431 shares in the last quarter. 62.13% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

Shares of PG opened at $142.93 on Friday. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $337.19 billion, a P/E ratio of 25.08, a price-to-earnings-growth ratio of 3.90 and a beta of 0.40. The firm’s fifty day simple moving average is $141.73 and its two-hundred day simple moving average is $140.63. The Procter & Gamble Company has a 12 month low of $122.18 and a 12 month high of $164.90.

Procter & Gamble (NYSE:PG – Get Rating) last issued its quarterly earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The business had revenue of $20.77 billion for the quarter, compared to analysts’ expectations of $20.75 billion. Procter & Gamble had a net margin of 17.79% and a return on equity of 32.03%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.66 earnings per share. As a group, analysts predict that The Procter & Gamble Company will post 5.84 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Friday, January 20th were issued a $0.9133 dividend. The ex-dividend date was Thursday, January 19th. This represents a $3.65 dividend on an annualized basis and a dividend yield of 2.56%. Procter & Gamble’s dividend payout ratio is presently 64.04%.

Analyst Ratings Changes

Several research analysts have commented on PG shares. StockNews.com started coverage on shares of Procter & Gamble in a research report on Thursday. They set a “hold” rating for the company. Barclays lowered their price objective on shares of Procter & Gamble from $161.00 to $158.00 and set an “overweight” rating for the company in a research report on Monday, January 23rd. Wolfe Research initiated coverage on shares of Procter & Gamble in a report on Monday, November 21st. They set an “outperform” rating and a $156.00 price target for the company. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $150.00 to $155.00 in a report on Friday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Procter & Gamble from $156.00 to $162.00 and gave the stock a “buy” rating in a report on Tuesday, December 6th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $155.67.

Insider Buying and Selling

In related news, CEO Jon R. Moeller sold 2,151 shares of the company’s stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the sale, the chief executive officer now owns 226,748 shares in the company, valued at approximately $31,141,570.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Procter & Gamble news, CFO Andre Schulten sold 1,311 shares of the stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $180,052.74. Following the completion of the sale, the chief financial officer now owns 35,142 shares in the company, valued at approximately $4,826,402.28. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jon R. Moeller sold 2,151 shares of the stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total transaction of $295,418.34. Following the completion of the sale, the chief executive officer now owns 226,748 shares of the company’s stock, valued at approximately $31,141,570.32. The disclosure for this sale can be found here. Insiders have sold 4,766 shares of company stock worth $656,511 in the last quarter. Insiders own 0.26% of the company’s stock.

About Procter & Gamble

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & 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.