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TPG Financial Advisors LLC Boosts Holdings in The Procter & Gamble Company (NYSE:PG)

TPG Financial Advisors LLC Boosts Holdings in The Procter & Gamble Company (NYSE:PG) #TPG #Financial #Advisors #LLC #Boosts #Holdings #Procter #Gamble #Company #NYSEPG Welcome to Americanah Blog, here is the new story we have for you today:

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TPG Financial Advisors LLC lifted its stake in The Procter & Gamble Company (NYSE:PGGet Rating) by 8.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,795 shares of the company’s stock after purchasing an additional 289 shares during the quarter. TPG Financial Advisors LLC’s holdings in Procter & Gamble were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. PrairieView Partners LLC boosted its position in shares of Procter & Gamble by 5.8% in the 1st quarter. PrairieView Partners LLC now owns 1,141 shares of the company’s stock valued at $174,000 after purchasing an additional 63 shares during the period. Apeiron RIA LLC boosted its position in shares of Procter & Gamble by 2.2% in the 1st quarter. Apeiron RIA LLC now owns 2,985 shares of the company’s stock valued at $475,000 after purchasing an additional 64 shares during the period. Ambassador Advisors LLC boosted its position in shares of Procter & Gamble by 2.2% in the 4th quarter. Ambassador Advisors LLC now owns 3,033 shares of the company’s stock valued at $496,000 after purchasing an additional 65 shares during the period. Perennial Investment Advisors LLC boosted its position in shares of Procter & Gamble by 1.1% in the 1st quarter. Perennial Investment Advisors LLC now owns 5,889 shares of the company’s stock valued at $900,000 after purchasing an additional 65 shares during the period. Finally, Tranquility Partners LLC boosted its position in shares of Procter & Gamble by 3.9% in the 1st quarter. Tranquility Partners LLC now owns 1,757 shares of the company’s stock valued at $268,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 63.45% of the company’s stock.

Procter & Gamble Trading Down 0.2 %

NYSE:PG opened at $137.99 on Tuesday. The business’s 50-day moving average is $143.26 and its two-hundred day moving average is $147.58. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.65 and a quick ratio of 0.45. The Procter & Gamble Company has a 12 month low of $129.50 and a 12 month high of $165.35. The firm has a market capitalization of $329.18 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 3.55 and a beta of 0.35.

Procter & Gamble (NYSE:PGGet Rating) last released its quarterly earnings data on Friday, July 29th. The company reported $1.21 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.02). Procter & Gamble had a net margin of 18.39% and a return on equity of 32.67%. The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $19.41 billion. During the same period last year, the business earned $1.13 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Research analysts predict that The Procter & Gamble Company will post 5.94 earnings per share for the current fiscal year.

Procter & Gamble Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 15th. Shareholders of record on Friday, July 22nd were given a $0.913 dividend. This represents a $3.65 annualized dividend and a yield of 2.65%. The ex-dividend date was Thursday, July 21st. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.82%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Mary Theresa Grabowski sold 16,000 shares of Procter & Gamble stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $147.00, for a total transaction of $2,352,000.00. Following the sale, the insider now directly owns 4,326 shares of the company’s stock, valued at $635,922. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 2,000 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $145.00, for a total value of $290,000.00. Following the completion of the transaction, the chief executive officer now directly owns 5,026 shares in the company, valued at $728,770. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Mary Theresa Grabowski sold 16,000 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $147.00, for a total value of $2,352,000.00. Following the completion of the transaction, the insider now owns 4,326 shares of the company’s stock, valued at $635,922. The disclosure for this sale can be found here. Insiders have sold 289,321 shares of company stock valued at $42,559,426 over the last three months. 0.26% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PG. UBS Group decreased their target price on Procter & Gamble to $153.00 in a research report on Friday, July 22nd. Deutsche Bank Aktiengesellschaft reduced their price objective on Procter & Gamble from $171.00 to $157.00 and set a “buy” rating for the company in a research note on Tuesday, June 21st. Barclays reduced their price objective on Procter & Gamble from $157.00 to $154.00 and set an “overweight” rating for the company in a research note on Tuesday, August 2nd. StockNews.com downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday, September 14th. Finally, Evercore ISI set a $170.00 target price on Procter & Gamble in a research note on Monday, June 20th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.93.

About Procter & Gamble

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The Procter & Gamble Company provides branded consumer packaged goods worldwide. It 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, and SK-II brands.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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