Trading Report: Today, YHB Investment Advisors Inc. decreases its position in Procter & Gamble Co. (PG)

Today, YHB Investment Advisors Inc. decreases its position in Procter & Gamble Co. (PG)

YHB Investment Advisors Inc. reduced its stake in shares of Procter & Gamble Co. (NYSE:PG) by 0.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,116 shares of the company’s stock after selling 196 shares during the period. Procter & Gamble Co. accounts for approximately 1.7% of YHB Investment Advisors Inc.’s investment portfolio, making the stock its 15th largest position. YHB Investment Advisors Inc.’s holdings in Procter & Gamble Co. were worth $7,190,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of PG. American National Bank increased its position in Procter & Gamble Co. by 225.8% in the third quarter. American National Bank now owns 1,137 shares of the company’s stock worth $102,000 after buying an additional 788 shares during the period. Americafirst Capital Management LLC bought a new position in Procter & Gamble Co. during the second quarter worth about $112,000. Signature Estate & Investment Advisors LLC bought a new position in Procter & Gamble Co. during the second quarter worth about $122,000. Global X Management Co. LLC increased its position in Procter & Gamble Co. by 259.5% in the second quarter. Global X Management Co. LLC now owns 1,517 shares of the company’s stock worth $128,000 after buying an additional 1,095 shares during the period. Finally, Lenox Wealth Advisors Inc. increased its position in Procter & Gamble Co. by 0.5% in the second quarter. Lenox Wealth Advisors Inc. now owns 1,840 shares of the company’s stock worth $156,000 after buying an additional 10 shares during the period. Institutional investors own 59.51% of the company’s stock.

Procter & Gamble Co. (NYSE:PG) traded up 0.94% on Friday, hitting $83.46. 3,883,098 shares of the stock were exchanged. The company has a 50-day moving average of $85.71 and a 200 day moving average of $85.39. Procter & Gamble Co. has a 12 month low of $74.46 and a 12 month high of $90.33. The firm has a market cap of $223.34 billion, a P/E ratio of 22.26 and a beta of 0.62.

Procter & Gamble Co. (NYSE:PG) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $1.03 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.05. Procter & Gamble Co. had a net margin of 16.27% and a return on equity of 17.95%. The firm had revenue of $16.50 billion for the quarter, compared to analysts’ expectations of $16.49 billion. During the same quarter in the prior year, the company posted $0.98 earnings per share. The business’s revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts expect that Procter & Gamble Co. will post $3.89 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 15th. Shareholders of record on Friday, October 21st were given a $0.6695 dividend. The ex-dividend date of this dividend was Wednesday, October 19th. This represents a $2.68 annualized dividend and a yield of 3.21%. Procter & Gamble Co.’s payout ratio is presently 71.66%.

PG has been the subject of a number of analyst reports. B. Riley reiterated a “buy” rating and set a $106.00 price target on shares of Procter & Gamble Co. in a research note on Monday, November 21st. Vetr upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and set a $92.75 price target for the company in a research note on Tuesday, October 4th. Argus upgraded Procter & Gamble Co. from a “hold” rating to a “buy” rating and lifted their price target for the company from $88.54 to $103.00 in a research note on Wednesday, October 12th. Deutsche Bank AG reiterated a “buy” rating and set a $95.00 price target on shares of Procter & Gamble Co. in a research note on Saturday, August 13th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $92.00 price target (up previously from $90.00) on shares of Procter & Gamble Co. in a research note on Wednesday, October 26th. Eleven research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Procter & Gamble Co. has an average rating of “Buy” and a consensus price target of $91.55.

In other Procter & Gamble Co. news, insider Juan Fernando Posada sold 10,000 shares of the stock in a transaction that occurred on Monday, September 19th. The shares were sold at an average price of $88.58, for a total value of $885,800.00. Following the transaction, the insider now directly owns 26,452 shares in the company, valued at $2,343,118.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Price Matthew sold 3,081 shares of the stock in a transaction that occurred on Wednesday, November 2nd. The stock was sold at an average price of $86.90, for a total transaction of $267,738.90. Following the completion of the transaction, the insider now owns 14,962 shares in the company, valued at $1,300,197.80. The disclosure for this sale can be found here. 0.35% of the stock is currently owned by company insiders.

Procter & Gamble Co. Company Profile

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