Armstrong Fleming & Moore Inc Sells 535 Shares of The Procter & Gamble Company (NYSE:PG)

Armstrong Fleming & Moore Inc lowered its stake in shares of The Procter & Gamble Company (NYSE:PG) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,466 shares of the company’s stock after selling 535 shares during the quarter. Procter & Gamble accounts for 1.4% of Armstrong Fleming & Moore Inc’s investment portfolio, making the stock its 14th largest holding. Armstrong Fleming & Moore Inc’s holdings in Procter & Gamble were worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Wyrmwood Management LLC purchased a new stake in Procter & Gamble during the 4th quarter worth about $29,000. Naples Money Management LLC bought a new position in Procter & Gamble in the 4th quarter worth about $29,000. Criterion Capital Advisors LLC bought a new position in Procter & Gamble in the 4th quarter worth about $33,000. Mendota Financial Group LLC increased its stake in Procter & Gamble by 636.6% in the 4th quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock worth $44,000 after acquiring an additional 261 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. bought a new position in Procter & Gamble in the 4th quarter worth about $56,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, CEO R. Alexandra Keith sold 776 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $158.11, for a total value of $122,693.36. Following the sale, the chief executive officer now directly owns 4,859 shares in the company, valued at $768,256.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, CEO R. Alexandra Keith sold 776 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $158.11, for a total value of $122,693.36. Following the sale, the chief executive officer now directly owns 4,859 shares in the company, valued at $768,256.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Susan Street Whaley sold 3,865 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $160.60, for a total value of $620,719.00. Following the sale, the insider now directly owns 11,886 shares in the company, valued at $1,908,891.60. The disclosure for this sale can be found here. Insiders sold 86,865 shares of company stock valued at $14,059,180 over the last 90 days. Company insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PG shares. Barclays upped their target price on Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 23rd. Raymond James increased their price objective on Procter & Gamble from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Jefferies Financial Group increased their price objective on Procter & Gamble from $175.00 to $182.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. StockNews.com lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Finally, Argus increased their price objective on Procter & Gamble from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $169.76.

Procter & Gamble Stock Up 0.1 %

Shares of Procter & Gamble stock traded up $0.20 on Wednesday, reaching $163.40. The company’s stock had a trading volume of 7,542,542 shares, compared to its average volume of 6,949,875. The company has a market capitalization of $385.65 billion, a price-to-earnings ratio of 26.65, a P/E/G ratio of 3.28 and a beta of 0.44. The firm’s fifty day simple moving average is $159.82 and its two-hundred day simple moving average is $153.91. The Procter & Gamble Company has a 52 week low of $141.45 and a 52 week high of $164.32. The company has a quick ratio of 0.48, a current ratio of 0.69 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, April 19th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The company had revenue of $20.20 billion during the quarter, compared to analyst estimates of $20.43 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. Procter & Gamble’s revenue was up .6% compared to the same quarter last year. Equities analysts anticipate that The Procter & Gamble Company will post 6.55 earnings per share for the current 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 issued a $1.0065 dividend. The ex-dividend date is Thursday, April 18th. This represents a $4.03 annualized dividend and a dividend yield of 2.46%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s payout ratio is presently 65.85%.

About Procter & Gamble

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.