Weil Company Inc. Acquires 225 Shares of The Procter & Gamble Company (NYSE:PG)

Weil Company Inc. raised its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,225 shares of the company’s stock after purchasing an additional 225 shares during the quarter. Weil Company Inc.’s holdings in The Procter & Gamble were worth $708,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Ritholtz Wealth Management lifted its holdings in shares of The Procter & Gamble by 15.2% in the 1st quarter. Ritholtz Wealth Management now owns 16,890 shares of the company’s stock worth $2,287,000 after acquiring an additional 2,234 shares during the last quarter. E Fund Management Co. Ltd. bought a new stake in shares of The Procter & Gamble in the 1st quarter worth about $586,000. Standard Family Office LLC lifted its holdings in shares of The Procter & Gamble by 9.2% in the 1st quarter. Standard Family Office LLC now owns 2,009 shares of the company’s stock worth $272,000 after acquiring an additional 169 shares during the last quarter. Linscomb & Williams Inc. lifted its holdings in The Procter & Gamble by 3.0% during the 1st quarter. Linscomb & Williams Inc. now owns 82,077 shares of the company’s stock valued at $11,116,000 after buying an additional 2,357 shares in the last quarter. Finally, Reilly Herbert Faulkner III lifted its holdings in The Procter & Gamble by 2.4% during the 1st quarter. Reilly Herbert Faulkner III now owns 67,216 shares of the company’s stock valued at $9,103,000 after buying an additional 1,550 shares in the last quarter. Institutional investors and hedge funds own 62.97% of the company’s stock.

Shares of The Procter & Gamble stock traded up $1.31 on Thursday, reaching $136.10. The stock had a trading volume of 300,996 shares, compared to its average volume of 8,578,720. The firm’s 50 day moving average price is $135.66. The company has a quick ratio of 0.52, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The Procter & Gamble Company has a 1 year low of $113.76 and a 1 year high of $146.92. The stock has a market cap of $333.20 billion, a PE ratio of 24.87, a P/E/G ratio of 3.50 and a beta of 0.43.

The Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Monday, April 19th. The company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.07. The Procter & Gamble had a net margin of 18.97% and a return on equity of 31.71%. The firm had revenue of $18.10 billion for the quarter, compared to the consensus estimate of $18 billion. During the same quarter in the previous year, the firm earned $1.17 EPS. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, equities research analysts anticipate that The Procter & Gamble Company will post 5.62 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, May 17th. Investors of record on Friday, April 23rd were paid a $0.8698 dividend. The ex-dividend date was Thursday, April 22nd. This is a boost from The Procter & Gamble’s previous quarterly dividend of $0.79. This represents a $3.48 dividend on an annualized basis and a yield of 2.56%. The Procter & Gamble’s dividend payout ratio (DPR) is 67.97%.

In other The Procter & Gamble news, insider Carolyn M. Tastad sold 3,000 shares of The Procter & Gamble stock in a transaction that occurred on Wednesday, May 26th. The shares were sold at an average price of $138.20, for a total transaction of $414,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David S. Taylor sold 56,202 shares of The Procter & Gamble stock in a transaction that occurred on Thursday, May 20th. The shares were sold at an average price of $138.50, for a total transaction of $7,783,977.00. The disclosure for this sale can be found here. Insiders sold a total of 2,219,280 shares of company stock valued at $299,094,832 over the last quarter. 0.70% of the stock is owned by company insiders.

A number of equities research analysts recently weighed in on PG shares. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reiterated a “neutral” rating and set a $150.00 price objective (down previously from $165.00) on shares of The Procter & Gamble in a report on Tuesday, April 27th. Morgan Stanley decreased their price objective on shares of The Procter & Gamble from $165.00 to $155.00 and set an “overweight” rating for the company in a report on Monday, April 19th. JPMorgan Chase & Co. decreased their price objective on shares of The Procter & Gamble from $153.00 to $148.00 and set an “overweight” rating for the company in a report on Friday, April 16th. Citigroup lowered shares of The Procter & Gamble from a “buy” rating to a “neutral” rating in a report on Wednesday, April 21st. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of The Procter & Gamble from $159.00 to $158.00 and set a “buy” rating for the company in a report on Wednesday, April 21st. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $148.93.

The Procter & Gamble Company Profile

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 The Procter & Gamble (NYSE:PG)

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