Dean Capital Investments Management LLC acquired a new position in Procter & Gamble (NYSE:PG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 15,435 shares of the company’s stock, valued at approximately $1,418,000. Procter & Gamble makes up approximately 0.6% of Dean Capital Investments Management LLC’s holdings, making the stock its 14th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Assenagon Asset Management S.A. grew its stake in shares of Procter & Gamble by 1,094.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 736,699 shares of the company’s stock valued at $67,025,000 after acquiring an additional 675,013 shares during the period. Edgestream Partners L.P. grew its stake in shares of Procter & Gamble by 21.9% during the 3rd quarter. Edgestream Partners L.P. now owns 7,543 shares of the company’s stock valued at $686,000 after acquiring an additional 1,356 shares during the period. Asset Dedication LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $1,164,000. Moller Financial Services grew its stake in shares of Procter & Gamble by 31.3% during the 4th quarter. Moller Financial Services now owns 11,887 shares of the company’s stock valued at $1,092,000 after acquiring an additional 2,837 shares during the period. Finally, Spectrum Management Group Inc. grew its stake in shares of Procter & Gamble by 221.4% during the 3rd quarter. Spectrum Management Group Inc. now owns 32,757 shares of the company’s stock valued at $2,980,000 after acquiring an additional 22,565 shares during the period. Institutional investors own 60.95% of the company’s stock.

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A number of research analysts recently issued reports on PG shares. Zacks Investment Research upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a research note on Monday, January 8th. Morgan Stanley cut their price objective on Procter & Gamble from $92.00 to $85.00 and set an “equal weight” rating for the company in a research note on Thursday, April 5th. Goldman Sachs upgraded Procter & Gamble from a “sell” rating to a “neutral” rating and set a $77.00 price objective for the company in a research note on Tuesday, January 16th. Deutsche Bank started coverage on Procter & Gamble in a research note on Tuesday, December 19th. They set a “buy” rating and a $91.88 price objective for the company. Finally, Barclays set a $84.00 price objective on Procter & Gamble and gave the company a “hold” rating in a research note on Thursday, March 15th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Procter & Gamble presently has a consensus rating of “Hold” and an average target price of $85.52.

In other news, insider Marylynn Fergusonmchugh sold 2,353 shares of the company’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $78.59, for a total transaction of $184,922.27. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Marc S. Pritchard sold 46,842 shares of the company’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $89.01, for a total value of $4,169,406.42. The disclosure for this sale can be found here. Over the last three months, insiders sold 114,011 shares of company stock worth $9,710,976. 0.35% of the stock is owned by insiders.

NYSE PG opened at $78.61 on Tuesday. 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 has a 12 month low of $75.81 and a 12 month high of $94.67. The company has a market capitalization of $197,571.08, a P/E ratio of 20.05, a price-to-earnings-growth ratio of 2.49 and a beta of 0.56.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported $1.19 EPS for the quarter, topping the Zacks’ consensus estimate of $1.14 by $0.05. Procter & Gamble had a return on equity of 20.66% and a net margin of 15.34%. The company had revenue of $17.40 billion for the quarter, compared to analysts’ expectations of $17.39 billion. During the same period in the previous year, the firm earned $1.08 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. equities analysts forecast that Procter & Gamble will post 4.17 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 15th. Investors of record on Friday, April 20th will be issued a $0.7172 dividend. The ex-dividend date is Thursday, April 19th. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.69. This represents a $2.87 dividend on an annualized basis and a yield of 3.65%. Procter & Gamble’s payout ratio is currently 70.41%.

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Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in the United States, Canada, Puerto Rico, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company's Beauty segment offers hair care products, including conditioners, shampoos, styling aids, and treatments; and skin and personal care products, such as antiperspirant and deodorant, personal cleansing, and skin care products.

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

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