Syntal Capital Partners LLC grew its stake in shares of Procter & Gamble Co (NYSE:PG) by 129.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,891 shares of the company’s stock after buying an additional 5,586 shares during the period. Syntal Capital Partners LLC’s holdings in Procter & Gamble were worth $908,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of PG. Beach Investment Management LLC. purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at $6,942,000. BARING ASSET MANAGEMENT Ltd raised its position in Procter & Gamble by 5.7% in the 2nd quarter. BARING ASSET MANAGEMENT Ltd now owns 19,103 shares of the company’s stock worth $1,666,000 after purchasing an additional 1,029 shares during the period. GW Henssler & Associates Ltd. raised its position in Procter & Gamble by 2.2% in the 2nd quarter. GW Henssler & Associates Ltd. now owns 148,424 shares of the company’s stock worth $12,935,000 after purchasing an additional 3,233 shares during the period. Colorado Capital Management Inc. raised its position in Procter & Gamble by 28.6% in the 2nd quarter. Colorado Capital Management Inc. now owns 3,137 shares of the company’s stock worth $273,000 after purchasing an additional 697 shares during the period. Finally, Highstreet Asset Management Inc. raised its position in Procter & Gamble by 2.3% in the 2nd quarter. Highstreet Asset Management Inc. now owns 17,161 shares of the company’s stock worth $1,496,000 after purchasing an additional 393 shares during the period. Hedge funds and other institutional investors own 60.95% of the company’s stock.
A number of equities analysts recently commented on the stock. Goldman Sachs upgraded shares of Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 target price on the stock in a research report on Tuesday, January 16th. Zacks Investment Research cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, January 4th. Barclays set a $84.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a research report on Thursday, March 15th. Vetr upgraded shares of Procter & Gamble from a “buy” rating to a “strong-buy” rating and set a $96.92 target price on the stock in a research report on Thursday, February 1st. Finally, SunTrust Banks reiterated a “hold” rating and issued a $90.00 target price on shares of Procter & Gamble in a research report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Procter & Gamble has an average rating of “Buy” and a consensus target price of $87.18.
Shares of Procter & Gamble Co (PG) opened at $76.41 on Friday. The stock has a market cap of $194,218.14, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 2.40 and a beta of 0.58. Procter & Gamble Co has a twelve month low of $76.37 and a twelve month high of $94.67. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.94 and a quick ratio of 0.79.
Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. The business had revenue of $17.40 billion for the quarter, compared to analyst estimates of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The company’s revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.08 EPS. equities analysts expect that Procter & Gamble Co will post 4.21 earnings per share for the current year.
In other news, insider Jeffrey K. Schomburger sold 37,776 shares of Procter & Gamble stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $81.37, for a total transaction of $3,073,833.12. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 46,842 shares of Procter & Gamble stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $89.01, for a total transaction of $4,169,406.42. The disclosure for this sale can be found here. Insiders have sold a total of 114,011 shares of company stock worth $9,710,976 in the last ninety days. Insiders own 0.35% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Syntal Capital Partners LLC Boosts Stake in Procter & Gamble Co (PG)” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another site, it was stolen and republished in violation of US and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/03/23/syntal-capital-partners-llc-boosts-stake-in-procter-gamble-co-pg.html.
Procter & Gamble Company Profile
The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Co (NYSE:PG).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.