Golub Group LLC Has $3.22 Million Stock Holdings in Procter & Gamble Co (NYSE:PG)

Golub Group LLC grew its position in Procter & Gamble Co (NYSE:PG) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,910 shares of the company’s stock after purchasing an additional 541 shares during the period. Golub Group LLC’s holdings in Procter & Gamble were worth $3,223,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. D Orazio & Associates Inc. boosted its stake in shares of Procter & Gamble by 3.2% in the 2nd quarter. D Orazio & Associates Inc. now owns 3,152 shares of the company’s stock valued at $346,000 after purchasing an additional 98 shares in the last quarter. NEXT Financial Group Inc boosted its stake in shares of Procter & Gamble by 104.5% in the 2nd quarter. NEXT Financial Group Inc now owns 23,556 shares of the company’s stock valued at $2,583,000 after purchasing an additional 12,038 shares in the last quarter. Homrich & Berg boosted its stake in shares of Procter & Gamble by 1.1% in the 2nd quarter. Homrich & Berg now owns 116,403 shares of the company’s stock valued at $12,764,000 after purchasing an additional 1,291 shares in the last quarter. Bellecapital International Ltd. boosted its stake in shares of Procter & Gamble by 19.0% in the 2nd quarter. Bellecapital International Ltd. now owns 6,415 shares of the company’s stock valued at $703,000 after purchasing an additional 1,025 shares in the last quarter. Finally, First National Bank of South Miami boosted its stake in shares of Procter & Gamble by 5.1% in the 2nd quarter. First National Bank of South Miami now owns 6,967 shares of the company’s stock valued at $823,000 after purchasing an additional 340 shares in the last quarter. Institutional investors own 65.62% of the company’s stock.

NYSE PG traded up $0.08 on Friday, hitting $119.70. 4,181,176 shares of the company were exchanged, compared to its average volume of 7,798,948. The firm has a 50 day moving average of $121.95 and a two-hundred day moving average of $115.01. The company has a market cap of $296.51 billion, a P/E ratio of 26.48, a P/E/G ratio of 3.23 and a beta of 0.42. The company has a current ratio of 0.72, a quick ratio of 0.54 and a debt-to-equity ratio of 0.44. Procter & Gamble Co has a 1-year low of $86.74 and a 1-year high of $125.77.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $1.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.24 by $0.13. Procter & Gamble had a net margin of 6.24% and a return on equity of 25.07%. The business had revenue of $17.80 billion for the quarter, compared to the consensus estimate of $17.43 billion. During the same quarter in the prior year, the company earned $1.12 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Research analysts anticipate that Procter & Gamble Co will post 4.93 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, October 18th will be given a dividend of $0.7459 per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a $2.98 dividend on an annualized basis and a yield of 2.49%. Procter & Gamble’s payout ratio is presently 65.93%.

In other Procter & Gamble news, Director Nelson Peltz sold 206,967 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $124.40, for a total transaction of $25,746,694.80. Following the transaction, the director now directly owns 3,844 shares in the company, valued at approximately $478,193.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 26,075 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $124.96, for a total transaction of $3,258,332.00. Following the transaction, the insider now owns 139,066 shares in the company, valued at $17,377,687.36. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,645,966 shares of company stock worth $202,229,770. Corporate insiders own 1.75% of the company’s stock.

Several equities research analysts have recently commented on the stock. Goldman Sachs Group restated a “buy” rating and issued a $136.00 target price on shares of Procter & Gamble in a research note on Wednesday, October 23rd. Macquarie upped their price target on shares of Procter & Gamble from $132.00 to $138.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. SunTrust Banks upped their price target on shares of Procter & Gamble to $120.00 and gave the stock a “hold” rating in a research report on Wednesday, July 31st. Morgan Stanley upped their price target on shares of Procter & Gamble from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 23rd. Finally, TheStreet upgraded shares of Procter & Gamble from a “c+” rating to a “b+” rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $116.71.

Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

Read More: Buy Rating

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).

Institutional Ownership by Quarter for Procter & Gamble (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.