Investors sold shares of Procter & Gamble Company (The) (NYSE:PG) on strength during trading on Wednesday following insider selling activity. $329.13 million flowed into the stock on the tick-up and $407.27 million flowed out of the stock on the tick-down, for a money net flow of $78.14 million out of the stock. Of all companies tracked, Procter & Gamble Company (The) had the 0th highest net out-flow for the day. Procter & Gamble Company (The) traded up $3.26 for the day and closed at $91.12Specifically, insider Marc S. Pritchard sold 47,252 shares of the company’s stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $87.14, for a total value of $4,117,539.28. Following the sale, the insider now owns 151,643 shares in the company, valued at approximately $13,214,171.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Valarie L. Sheppard sold 20,910 shares of the company’s stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $87.00, for a total value of $1,819,170.00. Following the completion of the sale, the senior vice president now owns 37,835 shares in the company, valued at approximately $3,291,645. The disclosure for this sale can be found here. In the last 90 days, insiders sold 253,053 shares of company stock worth $22,313,881. Insiders own 0.35% of the company’s stock.

PG has been the topic of a number of recent research reports. B. Riley reaffirmed a “buy” rating and issued a $106.00 target price on shares of Procter & Gamble Company (The) in a research note on Monday, November 21st. Jefferies Group LLC upped their target price on Procter & Gamble Company (The) from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Wednesday. RBC Capital Markets set a $76.00 target price on Procter & Gamble Company (The) and gave the company a “hold” rating in a research note on Monday, January 2nd. Goldman Sachs Group, Inc. (The) lowered Procter & Gamble Company (The) from a “neutral” rating to a “sell” rating and reduced their target price for the company from $86.00 to $77.00 in a research note on Monday, January 9th. Finally, Zacks Investment Research lowered Procter & Gamble Company (The) from a “buy” rating to a “hold” rating in a research note on Friday, October 21st. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. Procter & Gamble Company (The) presently has an average rating of “Hold” and a consensus price target of $89.99.

The company has a 50 day moving average price of $86.46 and a 200-day moving average price of $86.26. The stock has a market capitalization of $232.10 billion, a price-to-earnings ratio of 16.63 and a beta of 0.64.

Procter & Gamble Company (The) (NYSE:PG) last posted its quarterly earnings data on Friday, January 20th. The company reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.02. Procter & Gamble Company (The) had a net margin of 23.44% and a return on equity of 18.58%. The business had revenue of $16.90 billion for the quarter. During the same quarter in the prior year, the business earned $1.04 EPS. Procter & Gamble Company (The)’s revenue was down .3% compared to the same quarter last year. Analysts predict that Procter & Gamble Company will post $3.85 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Friday, January 20th were paid a dividend of $0.6695 per share. The ex-dividend date was Wednesday, January 18th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.95%. Procter & Gamble Company (The)’s dividend payout ratio is presently 48.73%.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Financial Architects Inc raised its position in Procter & Gamble Company (The) by 39.8% in the second quarter. Financial Architects Inc now owns 7,109 shares of the company’s stock worth $602,000 after buying an additional 2,025 shares in the last quarter. RidgeWorth Capital Management LLC raised its position in Procter & Gamble Company (The) by 20.5% in the second quarter. RidgeWorth Capital Management LLC now owns 1,488,391 shares of the company’s stock worth $126,186,000 after buying an additional 252,832 shares in the last quarter. Diversified Trust Co raised its position in Procter & Gamble Company (The) by 0.5% in the third quarter. Diversified Trust Co now owns 20,866 shares of the company’s stock worth $1,873,000 after buying an additional 109 shares in the last quarter. Independent Franchise Partners LLP raised its position in Procter & Gamble Company (The) by 1.9% in the third quarter. Independent Franchise Partners LLP now owns 4,277,830 shares of the company’s stock worth $383,935,000 after buying an additional 81,713 shares in the last quarter. Finally, Private Asset Management Inc. raised its position in Procter & Gamble Company (The) by 2.6% in the third quarter. Private Asset Management Inc. now owns 79,440 shares of the company’s stock worth $7,130,000 after buying an additional 2,039 shares in the last quarter. Institutional investors and hedge funds own 68.33% of the company’s stock.

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About Procter & Gamble Company (The)

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.

5 Day Chart for NYSE:PG

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