Jon R. Moeller Sells 5,300 Shares of Procter & Gamble Co (PG) Stock

Procter & Gamble Co (NYSE:PG) Vice Chairman Jon R. Moeller sold 5,300 shares of the business’s stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $77.41, for a total transaction of $410,273.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Procter & Gamble stock opened at $76.47 on Thursday. The company has a market capitalization of $195.45 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 2.56 and a beta of 0.58. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Procter & Gamble Co has a twelve month low of $70.73 and a twelve month high of $94.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, April 19th. The company reported $1.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.02. The firm had revenue of $16.28 billion for the quarter, compared to analyst estimates of $16.22 billion. Procter & Gamble had a net margin of 15.17% and a return on equity of 20.72%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.96 EPS. equities research analysts forecast that Procter & Gamble Co will post 4.19 earnings per share for the current year.



The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 15th. Stockholders of record on Friday, April 20th were paid a dividend of $0.7172 per share. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Thursday, April 19th. This represents a $2.87 annualized dividend and a dividend yield of 3.75%. Procter & Gamble’s dividend payout ratio is 73.21%.

A number of equities research analysts have recently issued reports on the stock. ValuEngine lowered shares of Procter & Gamble from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Barclays set a $84.00 price target on shares of Procter & Gamble and gave the company a “hold” rating in a report on Thursday, March 15th. Morgan Stanley restated a “hold” rating on shares of Procter & Gamble in a report on Monday. Finally, Stifel Nicolaus cut their price target on shares of Procter & Gamble from $85.00 to $83.00 and set a “hold” rating on the stock in a report on Wednesday, April 18th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $82.85.

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in shares of Procter & Gamble by 1.9% during the 1st quarter. BlackRock Inc. now owns 162,599,226 shares of the company’s stock worth $12,890,867,000 after buying an additional 2,961,408 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Procter & Gamble by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 27,189,341 shares of the company’s stock worth $2,492,983,000 after buying an additional 882,109 shares during the period. Truepoint Inc. boosted its holdings in shares of Procter & Gamble by 8,711.3% during the 3rd quarter. Truepoint Inc. now owns 26,889,686 shares of the company’s stock worth $26,890,000 after buying an additional 26,584,514 shares during the period. Yacktman Asset Management LP boosted its holdings in shares of Procter & Gamble by 1.4% during the 1st quarter. Yacktman Asset Management LP now owns 15,382,957 shares of the company’s stock worth $1,219,561,000 after buying an additional 219,593 shares during the period. Finally, Legal & General Group Plc boosted its holdings in shares of Procter & Gamble by 2.0% during the 3rd quarter. Legal & General Group Plc now owns 13,957,931 shares of the company’s stock worth $1,269,884,000 after buying an additional 277,715 shares during the period. Institutional investors own 59.49% of the company’s stock.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods to consumers in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company's Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products.

Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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