United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $503,000 in The Procter & Gamble Company (NYSE:PG)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of The Procter & Gamble Company (NYSE:PG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,000 shares of the company’s stock, valued at approximately $503,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PG. Aviso Wealth Management lifted its holdings in shares of Procter & Gamble by 189.1% during the fourth quarter. Aviso Wealth Management now owns 5,423 shares of the company’s stock valued at $909,000 after purchasing an additional 3,547 shares in the last quarter. Graney & King LLC purchased a new position in Procter & Gamble in the 4th quarter worth about $322,000. Ausdal Financial Partners Inc. lifted its stake in Procter & Gamble by 9.7% during the 4th quarter. Ausdal Financial Partners Inc. now owns 11,209 shares of the company’s stock valued at $1,879,000 after acquiring an additional 993 shares during the period. TrueMark Investments LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter valued at about $395,000. Finally, Financial Engines Advisors L.L.C. grew its stake in shares of Procter & Gamble by 119.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 14,545 shares of the company’s stock worth $2,438,000 after acquiring an additional 7,922 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the completion of the transaction, the chief executive officer now owns 22,051 shares in the company, valued at $3,829,817.68. This trade represents a 61.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 143,450 shares of company stock valued at $23,988,008. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Trading Up 2.2 %

Shares of Procter & Gamble stock opened at $166.48 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a fifty day moving average of $168.31 and a 200 day moving average of $169.47. The company has a market capitalization of $390.38 billion, a P/E ratio of 26.51, a P/E/G ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last released its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The firm had revenue of $21.88 billion during the quarter, compared to analysts’ expectations of $21.66 billion. During the same quarter last year, the business posted $1.84 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. On average, sell-side analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were given a dividend of $1.0065 per share. The ex-dividend date was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. Procter & Gamble’s dividend payout ratio is 64.01%.

Wall Street Analysts Forecast Growth

PG has been the topic of several research reports. Stifel Nicolaus raised their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Barclays raised their price target on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 23rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $164.00 price objective on shares of Procter & Gamble in a research report on Thursday, January 23rd. UBS Group reissued a “buy” rating on shares of Procter & Gamble in a report on Monday, February 10th. Finally, DA Davidson restated a “buy” rating and set a $209.00 price target on shares of Procter & Gamble in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $181.47.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.