BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $115.04 Million Stock Holdings in The Procter & Gamble Company (NYSE:PG)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 709,019 shares of the company’s stock after acquiring an additional 62,000 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Procter & Gamble were worth $115,039,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PG. HighPoint Advisor Group LLC acquired a new position in shares of Procter & Gamble in the 4th quarter worth approximately $17,696,000. Dfpg Investments LLC raised its stake in Procter & Gamble by 1.7% during the fourth quarter. Dfpg Investments LLC now owns 24,892 shares of the company’s stock worth $3,680,000 after acquiring an additional 424 shares in the last quarter. Campbell Wealth Management lifted its holdings in shares of Procter & Gamble by 13.1% during the fourth quarter. Campbell Wealth Management now owns 1,988 shares of the company’s stock valued at $291,000 after acquiring an additional 231 shares during the period. Herold Advisors Inc. boosted its stake in shares of Procter & Gamble by 2.2% in the 4th quarter. Herold Advisors Inc. now owns 26,592 shares of the company’s stock valued at $3,897,000 after purchasing an additional 581 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its holdings in shares of Procter & Gamble by 29.0% in the 1st quarter. V Square Quantitative Management LLC now owns 43,202 shares of the company’s stock worth $7,010,000 after purchasing an additional 9,716 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

PG has been the subject of several analyst reports. BNP Paribas assumed coverage on shares of Procter & Gamble in a report on Monday, June 24th. They set an “outperform” rating and a $187.00 price target for the company. Barclays boosted their target price on Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a report on Tuesday, April 23rd. StockNews.com cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group boosted their price objective on Procter & Gamble from $175.00 to $182.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Procter & Gamble from $171.00 to $176.00 and gave the company a “buy” rating in a research note on Wednesday. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $172.00.

Procter & Gamble Trading Up 1.5 %

Shares of Procter & Gamble stock traded up $2.49 on Wednesday, hitting $169.44. 7,979,514 shares of the company’s stock traded hands, compared to its average volume of 6,511,465. The Procter & Gamble Company has a one year low of $141.45 and a one year high of $170.17. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.69 and a quick ratio of 0.48. The stock has a market capitalization of $399.90 billion, a PE ratio of 27.69, a price-to-earnings-growth ratio of 3.16 and a beta of 0.41. The firm’s 50-day moving average price is $166.23 and its two-hundred day moving average price is $160.62.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 19th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The business had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. During the same quarter in the prior year, the company posted $1.37 earnings per share. The firm’s revenue was up .6% on a year-over-year basis. On average, research analysts expect that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Friday, July 19th will be issued a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date is Friday, July 19th. Procter & Gamble’s dividend payout ratio is currently 65.69%.

Insider Buying and Selling at Procter & Gamble

In other news, CEO R. Alexandra Keith sold 855 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $158.50, for a total value of $135,517.50. Following the completion of the transaction, the chief executive officer now owns 4,004 shares of the company’s stock, valued at approximately $634,634. The sale 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 855 shares of the business’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $158.50, for a total value of $135,517.50. Following the completion of the transaction, the chief executive officer now directly owns 4,004 shares in the company, valued at approximately $634,634. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Balaji Purushothaman sold 28,369 shares of the firm’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $161.49, for a total transaction of $4,581,309.81. Following the sale, the insider now owns 11,507 shares in the company, valued at $1,858,265.43. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 154,544 shares of company stock valued at $25,413,051. 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.