Savant Capital LLC lifted its holdings in shares of Procter & Gamble Co (NYSE:PG) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,156 shares of the company’s stock after buying an additional 763 shares during the period. Procter & Gamble comprises 1.1% of Savant Capital LLC’s investment portfolio, making the stock its 20th biggest holding. Savant Capital LLC’s holdings in Procter & Gamble were worth $5,254,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of PG. SeaBridge Investment Advisors LLC acquired a new position in Procter & Gamble in the fourth quarter valued at $36,000. Intercontinental Wealth Advisors LLC acquired a new position in Procter & Gamble in the fourth quarter valued at $62,000. Ruggie Capital Group boosted its holdings in Procter & Gamble by 691.3% in the fourth quarter. Ruggie Capital Group now owns 823 shares of the company’s stock valued at $76,000 after acquiring an additional 719 shares during the last quarter. Eukles Asset Management acquired a new position in Procter & Gamble in the fourth quarter valued at $80,000. Finally, Tributary Capital Management LLC acquired a new position in Procter & Gamble in the fourth quarter valued at $91,000. 61.86% of the stock is owned by institutional investors and hedge funds.

In other news, insider Deborah P. Majoras sold 6,161 shares of Procter & Gamble stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $103.10, for a total transaction of $635,199.10. Following the sale, the insider now directly owns 44,996 shares of the company’s stock, valued at $4,639,087.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Valarie L. Sheppard sold 26,891 shares of Procter & Gamble stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $106.32, for a total value of $2,859,051.12. Following the sale, the vice president now directly owns 51,323 shares in the company, valued at $5,456,661.36. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 320,840 shares of company stock worth $33,904,086. Corporate insiders own 1.84% of the company’s stock.

PG has been the topic of a number of research analyst reports. Wells Fargo & Co upgraded Procter & Gamble from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $78.00 to $115.00 in a report on Monday, April 8th. Zacks Investment Research cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 26th. Morgan Stanley set a $111.00 target price on Procter & Gamble and gave the company a “buy” rating in a report on Thursday, March 28th. Barclays raised Procter & Gamble from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $94.00 to $112.00 in a research report on Wednesday, April 24th. Finally, Goldman Sachs Group reissued a “neutral” rating and issued a $111.00 price objective on shares of Procter & Gamble in a research report on Tuesday, April 23rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $101.42.

NYSE:PG opened at $103.80 on Tuesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.60 and a current ratio of 0.79. Procter & Gamble Co has a 12 month low of $73.45 and a 12 month high of $108.68. The stock has a market capitalization of $258.13 billion, a price-to-earnings ratio of 24.60, a P/E/G ratio of 3.31 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, April 23rd. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $1.04 by $0.02. Procter & Gamble had a return on equity of 21.61% and a net margin of 16.44%. The company had revenue of $16.46 billion for the quarter, compared to analyst estimates of $16.37 billion. During the same period last year, the company posted $1.00 earnings per share. The firm’s revenue was up 1.1% compared to the same quarter last year. Equities research analysts anticipate that Procter & Gamble Co will post 4.48 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th were given a dividend of $0.7459 per share. This represents a $2.98 dividend on an annualized basis and a dividend yield of 2.87%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.72. The ex-dividend date was Wednesday, April 17th. Procter & Gamble’s payout ratio is presently 70.62%.

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Procter & Gamble Profile

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, Greater China, Latin America, India, the Middle East, and Africa. The company operates in five segments: Beauty; Grooming; health Care; fabric & Home Care; and Baby, Feminine & Family Care.

Further Reading: What are Institutional Investors?

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Co (NYSE:PG).

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

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