Capital Insight Partners LLC Takes Position in Procter & Gamble Co (PG)

Capital Insight Partners LLC acquired a new position in Procter & Gamble Co (NYSE:PG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 20,085 shares of the company’s stock, valued at approximately $1,845,000.

Other hedge funds also recently bought and sold shares of the company. Trillium Asset Management LLC grew its holdings in shares of Procter & Gamble by 2.0% in the 2nd quarter. Trillium Asset Management LLC now owns 170,302 shares of the company’s stock valued at $14,842,000 after buying an additional 3,387 shares during the period. Aviva PLC boosted its stake in Procter & Gamble by 1.7% in the 2nd quarter. Aviva PLC now owns 1,814,623 shares of the company’s stock worth $158,162,000 after purchasing an additional 30,897 shares during the period. Assenagon Asset Management S.A. boosted its stake in Procter & Gamble by 1,094.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 736,699 shares of the company’s stock worth $67,025,000 after purchasing an additional 675,013 shares during the period. Edgestream Partners L.P. boosted its stake in Procter & Gamble by 21.9% in the 3rd quarter. Edgestream Partners L.P. now owns 7,543 shares of the company’s stock worth $686,000 after purchasing an additional 1,356 shares during the period. Finally, Spectrum Management Group Inc. boosted its stake in Procter & Gamble by 221.4% in the 3rd quarter. Spectrum Management Group Inc. now owns 32,757 shares of the company’s stock worth $2,980,000 after purchasing an additional 22,565 shares during the period. Hedge funds and other institutional investors own 60.98% of the company’s stock.

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In other Procter & Gamble news, insider Deborah P. Majoras sold 4,591 shares of the stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $87.48, for a total transaction of $401,620.68. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Marylynn Fergusonmchugh sold 2,353 shares of the stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $78.59, for a total transaction of $184,922.27. The disclosure for this sale can be found here. Over the last three months, insiders sold 114,011 shares of company stock worth $9,710,976. Insiders own 0.35% of the company’s stock.

A number of brokerages recently weighed in on PG. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Wednesday. Morgan Stanley reduced their target price on shares of Procter & Gamble from $92.00 to $85.00 and set an “equal weight” rating for the company in a research note on Thursday. Barclays set a $84.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a research note on Thursday, March 15th. Jefferies Group reaffirmed a “buy” rating and issued a $99.00 target price on shares of Procter & Gamble in a research note on Monday, December 18th. Finally, Wells Fargo reissued a “hold” rating and set a $88.00 price target on shares of Procter & Gamble in a research report on Sunday, December 17th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $86.07.

Procter & Gamble stock traded down $0.37 during trading hours on Friday, hitting $78.43. The company had a trading volume of 8,300,813 shares, compared to its average volume of 9,745,332. The stock has a market cap of $198,655.11, a P/E ratio of 20.01, a P/E/G ratio of 2.48 and a beta of 0.57. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Procter & Gamble Co has a one year low of $75.81 and a one year high of $94.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The firm had revenue of $17.40 billion for the quarter, compared to analysts’ expectations of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.08 EPS. equities analysts anticipate that Procter & Gamble Co will post 4.18 earnings per share for the current fiscal year.

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Procter & Gamble 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.

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

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