Fort Sheridan Advisors LLC Has $3.32 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Fort Sheridan Advisors LLC boosted its holdings in shares of The Procter & Gamble Company (NYSE:PGGet Rating) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,718 shares of the company’s stock after buying an additional 411 shares during the period. Procter & Gamble makes up about 1.0% of Fort Sheridan Advisors LLC’s portfolio, making the stock its 22nd largest position. Fort Sheridan Advisors LLC’s holdings in Procter & Gamble were worth $3,319,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PG. Joseph Group Capital Management purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $1,527,000. Lansing Street Advisors purchased a new stake in shares of Procter & Gamble in the first quarter valued at about $37,000. Western Pacific Wealth Management LP purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $40,000. Retirement Group LLC raised its holdings in shares of Procter & Gamble by 48.2% in the first quarter. Retirement Group LLC now owns 283 shares of the company’s stock valued at $43,000 after purchasing an additional 92 shares during the last quarter. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at about $50,000. Institutional investors and hedge funds own 63.64% of the company’s stock.

Insiders Place Their Bets

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 shares were sold at an average price of $145.00, for a total transaction of $290,000.00. Following the transaction, the chief executive officer now directly owns 5,026 shares of the company’s stock, valued at $728,770. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Sundar G. Raman sold 1,599 shares of Procter & Gamble stock in a transaction on Thursday, July 7th. The shares were sold at an average price of $145.12, for a total value of $232,046.88. Following the sale, the chief executive officer now owns 4,002 shares in the company, valued at $580,770.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Ma. Fatima Francisco sold 2,000 shares of Procter & Gamble stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $145.00, for a total transaction of $290,000.00. Following the completion of the sale, the chief executive officer now owns 5,026 shares in the company, valued at approximately $728,770. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on PG. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $165.00 to $156.00 in a research report on Thursday, July 21st. Raymond James increased their price target on shares of Procter & Gamble from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, April 21st. Jefferies Financial Group increased their price target on shares of Procter & Gamble from $179.00 to $185.00 in a research report on Thursday, April 21st. StockNews.com lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Procter & Gamble from $171.00 to $157.00 and set a “buy” rating for the company in a research report on Tuesday, June 21st. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $162.93.

Procter & Gamble Price Performance

PG stock opened at $144.72 on Friday. The firm has a 50 day moving average of $142.90 and a 200-day moving average of $151.06. The company has a current ratio of 0.65, a quick ratio of 0.45 and a debt-to-equity ratio of 0.49. 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 $347.23 billion, a P/E ratio of 24.91, a price-to-earnings-growth ratio of 4.00 and a beta of 0.35.

Procter & Gamble (NYSE:PGGet Rating) last announced its earnings results on Friday, July 29th. The company reported $1.21 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.02). The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $19.41 billion. Procter & Gamble had a net margin of 18.39% and a return on equity of 32.52%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.13 earnings per share. As a group, sell-side 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 announced a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Friday, July 22nd will be paid a $0.913 dividend. This represents a $3.65 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date is Thursday, July 21st. Procter & Gamble’s dividend payout ratio is currently 62.82%.

Procter & Gamble Profile

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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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