Tull Financial Group Inc. Has $294,000 Position in The Procter & Gamble Company (NYSE:PG)

Tull Financial Group Inc. raised its stake in shares of The Procter & Gamble Company (NYSE:PGFree Report) by 15.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,753 shares of the company’s stock after buying an additional 234 shares during the quarter. Procter & Gamble comprises 0.2% of Tull Financial Group Inc.’s portfolio, making the stock its 22nd biggest position. Tull Financial Group Inc.’s holdings in Procter & Gamble were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. AMF Tjanstepension AB boosted its position in Procter & Gamble by 416.1% during the 3rd quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company’s stock worth $315,016,000 after acquiring an additional 1,466,115 shares during the last quarter. Swedbank AB boosted its position in Procter & Gamble by 3.9% during the 3rd quarter. Swedbank AB now owns 1,503,647 shares of the company’s stock worth $260,432,000 after acquiring an additional 56,583 shares during the last quarter. Howard Capital Management Group LLC boosted its position in Procter & Gamble by 1.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company’s stock worth $1,442,000 after acquiring an additional 82 shares during the last quarter. Richardson Financial Services Inc. boosted its position in Procter & Gamble by 19.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 1,877 shares of the company’s stock worth $312,000 after acquiring an additional 300 shares during the last quarter. Finally, Motiv8 Investments LLC boosted its position in Procter & Gamble by 11.8% during the 3rd quarter. Motiv8 Investments LLC now owns 5,638 shares of the company’s stock worth $977,000 after acquiring an additional 593 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the business’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the transaction, the insider now directly owns 172,814 shares of the company’s stock, valued at approximately $28,313,845.76. The trade was a 34.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the completion of the transaction, the chief executive officer now directly owns 39,977 shares in the company, valued at approximately $7,189,463.68. This trade represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is owned by insiders.

Procter & Gamble Stock Performance

NYSE:PG opened at $170.41 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $399.59 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 3.76 and a beta of 0.45. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The stock’s 50-day simple moving average is $166.02 and its 200 day simple moving average is $169.44.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.84 earnings per share. On average, analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble’s dividend payout ratio is currently 64.01%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PG. Barclays upped their price objective on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research note on Thursday, January 16th. UBS Group restated a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Royal Bank of Canada restated a “sector perform” rating and issued a $164.00 price target on shares of Procter & Gamble in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company increased their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $180.42.

Read Our Latest Analysis on Procter & Gamble

About Procter & Gamble

(Free Report)

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.

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

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