Uncommon Cents Investing LLC Lowers Stock Position in The Procter & Gamble Company (NYSE:PG)

Uncommon Cents Investing LLC trimmed its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 8.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,170 shares of the company’s stock after selling 400 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Procter & Gamble were worth $699,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Itau Unibanco Holding S.A. purchased a new stake in Procter & Gamble during the second quarter valued at approximately $28,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter valued at $33,000. Costello Asset Management INC boosted its position in shares of Procter & Gamble by 2,142.9% in the 3rd quarter. Costello Asset Management INC now owns 314 shares of the company’s stock worth $54,000 after purchasing an additional 300 shares in the last quarter. William B. Walkup & Associates Inc. purchased a new position in Procter & Gamble during the 2nd quarter worth $58,000. Finally, Mendota Financial Group LLC grew its stake in shares of Procter & Gamble by 58.0% during the fourth quarter. Mendota Financial Group LLC now owns 376 shares of the company’s stock worth $63,000 after acquiring an additional 138 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Stifel Nicolaus cut their target price on Procter & Gamble from $167.00 to $161.00 and set a “hold” rating on the stock in a research report on Friday. Royal Bank of Canada restated a “sector perform” rating and issued a $164.00 price objective on shares of Procter & Gamble in a research note on Monday, October 21st. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, Morgan Stanley raised their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Eight analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $179.65.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $161.35 on Tuesday. The Procter & Gamble Company has a one year low of $146.28 and a one year high of $180.43. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The firm has a fifty day moving average of $169.19 and a 200 day moving average of $169.46. The firm has a market cap of $379.98 billion, a PE ratio of 27.82, a PEG ratio of 3.41 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.90 by $0.03. The company had revenue of $21.74 billion during the quarter, compared to analyst estimates of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. Procter & Gamble’s quarterly revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business earned $1.83 EPS. As a group, research analysts predict that The Procter & Gamble Company will post 6.93 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble’s payout ratio is 69.48%.

Insider Activity at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $172.73, for a total value of $2,210,944.00. Following the completion of the sale, the insider now directly owns 11,595 shares in the company, valued at $2,002,804.35. This represents a 52.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary A. Coombe sold 47,847 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares in the company, valued at $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 73,447 shares of company stock valued at $12,978,820. 0.18% of the stock is owned by insiders.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.