Procter & Gamble Co (PG) Shares Bought by Zeke Capital Advisors LLC

Zeke Capital Advisors LLC boosted its stake in shares of Procter & Gamble Co (NYSE:PG) by 85.6% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,769 shares of the company’s stock after purchasing an additional 21,113 shares during the period. Procter & Gamble comprises approximately 0.6% of Zeke Capital Advisors LLC’s holdings, making the stock its 27th largest position. Zeke Capital Advisors LLC’s holdings in Procter & Gamble were worth $4,164,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Asset Planning Services Ltd. grew its position in Procter & Gamble by 0.4% in the second quarter. Asset Planning Services Ltd. now owns 1,191 shares of the company’s stock worth $104,000 after acquiring an additional 5 shares in the last quarter. Iron Financial LLC grew its position in Procter & Gamble by 0.8% in the second quarter. Iron Financial LLC now owns 3,342 shares of the company’s stock worth $291,000 after acquiring an additional 25 shares in the last quarter. Davis Rea Ltd. grew its position in Procter & Gamble by 0.7% in the second quarter. Davis Rea Ltd. now owns 3,815 shares of the company’s stock worth $332,000 after acquiring an additional 25 shares in the last quarter. ACR Alpine Capital Research LLC grew its position in Procter & Gamble by 0.8% in the second quarter. ACR Alpine Capital Research LLC now owns 3,001 shares of the company’s stock worth $262,000 after acquiring an additional 25 shares in the last quarter. Finally, JT Stratford LLC grew its position in Procter & Gamble by 0.6% in the second quarter. JT Stratford LLC now owns 4,060 shares of the company’s stock worth $354,000 after acquiring an additional 25 shares in the last quarter. 59.78% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Juan Fernando Posada sold 9,005 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $82.09, for a total transaction of $739,220.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider R. Alexandra Keith sold 1,298 shares of the stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $89.11, for a total transaction of $115,664.78. Following the completion of the transaction, the insider now owns 20,135 shares of the company’s stock, valued at approximately $1,794,229.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 71,928 shares of company stock valued at $6,312,311. Corporate insiders own 0.35% of the company’s stock.

A number of brokerages have recently weighed in on PG. Jefferies Group restated a “buy” rating and issued a $99.00 price objective on shares of Procter & Gamble in a research note on Monday, December 18th. Morgan Stanley boosted their price objective on shares of Procter & Gamble from $90.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 25th. Stifel Nicolaus boosted their price objective on shares of Procter & Gamble from $87.00 to $88.00 and gave the stock a “hold” rating in a research note on Wednesday, January 24th. JPMorgan Chase & Co. boosted their price objective on shares of Procter & Gamble from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 24th. Finally, Deutsche Bank began coverage on shares of Procter & Gamble in a research note on Tuesday, December 19th. They issued a “buy” rating and a $91.88 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $88.11.

Procter & Gamble Co (PG) opened at $82.60 on Monday. The company has a market cap of $208,234.92, a price-to-earnings ratio of 20.20, a P/E/G ratio of 2.58 and a beta of 0.51. Procter & Gamble Co has a one year low of $78.59 and a one year high of $94.67. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.79 and a current ratio of 0.94.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, January 23rd. The company reported $1.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.14 by $0.05. The firm had revenue of $17.40 billion during the quarter, compared to analysts’ expectations of $17.39 billion. Procter & Gamble had a net margin of 15.34% and a return on equity of 20.66%. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 EPS. equities analysts predict that Procter & Gamble Co will post 4.21 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Friday, January 19th were paid a dividend of $0.6896 per share. This represents a $2.76 annualized dividend and a yield of 3.34%. The ex-dividend date was Thursday, January 18th. Procter & Gamble’s payout ratio is currently 73.80%.

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Procter & Gamble Company Profile

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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