Regal Investment Advisors LLC Acquires 773 Shares of The Procter & Gamble Company (NYSE:PG)

Regal Investment Advisors LLC grew its position in The Procter & Gamble Company (NYSE:PGGet Rating) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,321 shares of the company’s stock after acquiring an additional 773 shares during the period. Procter & Gamble comprises about 1.0% of Regal Investment Advisors LLC’s portfolio, making the stock its 22nd largest holding. Regal Investment Advisors LLC’s holdings in Procter & Gamble were worth $11,340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in PG. Geode Capital Management LLC lifted its stake in shares of Procter & Gamble by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 42,471,296 shares of the company’s stock worth $5,923,533,000 after buying an additional 978,467 shares during the last quarter. Morgan Stanley lifted its stake in shares of Procter & Gamble by 1.0% during the 3rd quarter. Morgan Stanley now owns 34,831,920 shares of the company’s stock worth $4,869,502,000 after buying an additional 331,201 shares during the last quarter. UBS Asset Management Americas Inc. lifted its stake in shares of Procter & Gamble by 33.7% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 13,748,859 shares of the company’s stock worth $1,922,090,000 after buying an additional 3,467,039 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Procter & Gamble by 8.7% during the 3rd quarter. Alliancebernstein L.P. now owns 9,804,802 shares of the company’s stock worth $1,370,711,000 after buying an additional 783,113 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Procter & Gamble by 0.8% during the 3rd quarter. California Public Employees Retirement System now owns 9,760,269 shares of the company’s stock worth $1,364,486,000 after buying an additional 78,073 shares during the last quarter. 63.64% of the stock is owned by institutional investors.

In other news, insider Deborah P. Majoras sold 1,927 shares of the company’s stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $153.51, for a total value of $295,813.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Matthew W. Janzaruk sold 334 shares of the company’s stock in a transaction on Tuesday, April 26th. The stock was sold at an average price of $162.43, for a total transaction of $54,251.62. Following the completion of the sale, the chief accounting officer now owns 1,220 shares of the company’s stock, valued at approximately $198,164.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 128,515 shares of company stock worth $20,862,606. Corporate insiders own 0.51% of the company’s stock.

Several analysts have weighed in on PG shares. Raymond James lifted their price objective on shares of Procter & Gamble from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, April 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Procter & Gamble from $173.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, April 21st. JPMorgan Chase & Co. lowered shares of Procter & Gamble from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $181.00 to $165.00 in a report on Wednesday, March 30th. Jefferies Financial Group raised their target price on shares of Procter & Gamble from $179.00 to $185.00 in a report on Thursday, April 21st. Finally, The Goldman Sachs Group decreased their target price on shares of Procter & Gamble from $179.00 to $173.00 in a report on Tuesday, March 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Hold” and a consensus price target of $165.47.

Shares of NYSE PG traded up $1.63 during midday trading on Friday, reaching $153.62. The stock had a trading volume of 5,675,512 shares, compared to its average volume of 7,990,998. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.47 and a current ratio of 0.68. The Procter & Gamble Company has a twelve month low of $131.94 and a twelve month high of $165.35. The company’s 50 day moving average price is $154.97 and its 200 day moving average price is $155.07. The firm has a market cap of $368.58 billion, a price-to-earnings ratio of 26.81, a price-to-earnings-growth ratio of 4.32 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Rating) last released its earnings results on Wednesday, April 20th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.05. Procter & Gamble had a net margin of 18.33% and a return on equity of 32.39%. The company had revenue of $19.38 billion for the quarter, compared to the consensus estimate of $18.69 billion. During the same quarter in the previous year, the company earned $1.26 EPS. Procter & Gamble’s quarterly revenue was up 7.0% compared to the same quarter last year. Equities analysts forecast that The Procter & Gamble Company will post 5.84 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 16th. Shareholders of record on Friday, April 22nd will be issued a dividend of $0.9133 per share. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.87. The ex-dividend date of this dividend is Thursday, April 21st. This represents a $3.65 annualized dividend and a yield of 2.38%. Procter & Gamble’s dividend payout ratio is presently 63.70%.

About Procter & Gamble (Get Rating)

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

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

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