American Financial Advisors LLC Purchases 96 Shares of The Procter & Gamble Company (NYSE:PG)

American Financial Advisors LLC grew its position in The Procter & Gamble Company (NYSE:PG) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,026 shares of the company’s stock after purchasing an additional 96 shares during the quarter. American Financial Advisors LLC’s holdings in Procter & Gamble were worth $297,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Schear Investment Advisers LLC grew its holdings in Procter & Gamble by 1.4% in the fourth quarter. Schear Investment Advisers LLC now owns 4,933 shares of the company’s stock worth $723,000 after purchasing an additional 67 shares during the period. Zhang Financial LLC grew its holdings in Procter & Gamble by 2.4% in the fourth quarter. Zhang Financial LLC now owns 24,126 shares of the company’s stock worth $3,535,000 after purchasing an additional 563 shares during the period. Beaumont Financial Advisors LLC grew its holdings in Procter & Gamble by 1.6% in the fourth quarter. Beaumont Financial Advisors LLC now owns 19,503 shares of the company’s stock worth $2,858,000 after purchasing an additional 303 shares during the period. Wheelhouse Advisory Group LLC acquired a new stake in Procter & Gamble in the fourth quarter worth $766,000. Finally, Davidson Trust Co. grew its holdings in Procter & Gamble by 1.9% in the fourth quarter. Davidson Trust Co. now owns 20,252 shares of the company’s stock worth $2,968,000 after purchasing an additional 376 shares during the period. 65.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on PG shares. Barclays lifted their price objective on shares of Procter & Gamble from $165.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, April 12th. Stifel Nicolaus raised their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a research report on Wednesday, January 24th. StockNews.com lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Procter & Gamble from $170.00 to $172.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Finally, Royal Bank of Canada raised their price target on shares of Procter & Gamble from $156.00 to $157.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $168.53.

Procter & Gamble Stock Performance

Shares of PG traded up $0.73 during trading hours on Friday, hitting $158.02. The company’s stock had a trading volume of 12,028,669 shares, compared to its average volume of 6,932,996. The company has a market cap of $371.82 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 3.21 and a beta of 0.44. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.44. The business has a 50 day simple moving average of $159.13 and a two-hundred day simple moving average of $152.83. The Procter & Gamble Company has a 52-week low of $141.45 and a 52-week high of $163.14.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, April 19th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.10. The firm had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The company’s revenue was up .6% on a year-over-year basis. During the same quarter last year, the company earned $1.37 earnings per share. On average, equities analysts expect that The Procter & Gamble Company will post 6.45 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Investors of record on Friday, April 19th will be paid a dividend of $1.0065 per share. The ex-dividend date is Thursday, April 18th. This represents a $4.03 annualized dividend and a yield of 2.55%. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s payout ratio is currently 67.34%.

Insider Activity at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 74,443 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $153.30, for a total transaction of $11,412,111.90. Following the completion of the transaction, the chief executive officer now owns 973 shares of the company’s stock, valued at $149,160.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 74,443 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $153.30, for a total value of $11,412,111.90. Following the completion of the transaction, the chief executive officer now owns 973 shares of the company’s stock, valued at approximately $149,160.90. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 101,704 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the completion of the transaction, the insider now directly owns 163,428 shares of the company’s stock, valued at approximately $25,097,637.96. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 279,063 shares of company stock valued at $43,187,745. Corporate insiders own 0.17% of the company’s stock.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.