Madison Park Capital Advisors LLC Invests $233,000 in The Procter & Gamble Company (NYSE:PG)

Madison Park Capital Advisors LLC bought a new position in The Procter & Gamble Company (NYSE:PG) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,591 shares of the company’s stock, valued at approximately $233,000.

Several other institutional investors have also recently made changes to their positions in the company. Register Financial Advisors LLC increased its position in Procter & Gamble by 1.3% during the 3rd quarter. Register Financial Advisors LLC now owns 7,585 shares of the company’s stock valued at $1,106,000 after buying an additional 101 shares in the last quarter. Landmark Wealth Management LLC bought a new position in Procter & Gamble during the 3rd quarter valued at approximately $253,000. Key Bridge Compliance LLC bought a new position in Procter & Gamble during the 3rd quarter valued at approximately $1,198,000. Sunflower Bank N.A. boosted its stake in Procter & Gamble by 0.3% during the 3rd quarter. Sunflower Bank N.A. now owns 111,121 shares of the company’s stock valued at $16,208,000 after purchasing an additional 288 shares during the last quarter. Finally, Hengehold Capital Management LLC boosted its stake in Procter & Gamble by 1.6% during the 3rd quarter. Hengehold Capital Management LLC now owns 370,042 shares of the company’s stock valued at $53,974,000 after purchasing an additional 5,718 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on PG shares. Stifel Nicolaus increased their target price on Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a research note on Wednesday, January 24th. The Goldman Sachs Group started coverage on Procter & Gamble in a research note on Friday, March 1st. They set a “neutral” rating and a $168.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $169.00 to $162.00 and set an “overweight” rating on the stock in a research note on Thursday, January 18th. StockNews.com lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. Finally, Barclays lifted their price objective on Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $168.88.

Insider Activity

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 stock was sold at an average price of $153.30, for a total transaction of $11,412,111.90. Following the sale, the chief executive officer now directly owns 973 shares of the company’s stock, valued at $149,160.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider Marc S. Pritchard sold 101,704 shares of the company’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 transaction, the insider now owns 163,428 shares of the company’s stock, valued at $25,097,637.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Ma. Fatima Francisco sold 74,443 shares of the company’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 transaction, the chief executive officer now directly owns 973 shares in the company, valued at approximately $149,160.90. The disclosure for this sale can be found here. Insiders have sold 279,918 shares of company stock worth $43,323,263 over the last ninety days. Corporate insiders own 0.17% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG traded up $0.96 on Tuesday, hitting $161.50. 7,642,490 shares of the company traded hands, compared to its average volume of 6,968,534. The company has a market capitalization of $380.01 billion, a price-to-earnings ratio of 26.39, a P/E/G ratio of 3.19 and a beta of 0.44. The company has a current ratio of 0.69, a quick ratio of 0.48 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average price is $159.32 and its 200-day moving average price is $153.26. 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 released its earnings results on Friday, April 19th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.77% and a net margin of 18.00%. The company had revenue of $20.20 billion for the quarter, compared to the consensus estimate of $20.43 billion. During the same period in the previous year, the business earned $1.37 earnings per share. Procter & Gamble’s quarterly revenue was up .6% compared to the same quarter last year. Equities analysts expect that The Procter & Gamble Company will post 6.53 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be given a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.49%. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. Procter & Gamble’s payout ratio is presently 65.85%.

Procter & Gamble 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.