Kapstone Financial Advisors LLC Buys 224 Shares of The Procter & Gamble Company (NYSE:PG)

Kapstone Financial Advisors LLC increased its holdings in The Procter & Gamble Company (NYSE:PG) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,930 shares of the company’s stock after buying an additional 224 shares during the period. Procter & Gamble comprises about 4.2% of Kapstone Financial Advisors LLC’s holdings, making the stock its 4th largest position. Kapstone Financial Advisors LLC’s holdings in Procter & Gamble were worth $5,436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wyrmwood Management LLC purchased a new position in Procter & Gamble in the 4th quarter valued at about $29,000. Naples Money Management LLC purchased a new position in shares of Procter & Gamble during the 4th quarter worth about $29,000. Criterion Capital Advisors LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter worth approximately $33,000. Mendota Financial Group LLC boosted its position in shares of Procter & Gamble by 636.6% in the fourth quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock worth $44,000 after acquiring an additional 261 shares during the last quarter. Finally, Morton Brown Family Wealth LLC boosted its position in shares of Procter & Gamble by 206.6% in the fourth quarter. Morton Brown Family Wealth LLC now owns 417 shares of the company’s stock worth $61,000 after acquiring an additional 281 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

Procter & Gamble stock traded down $1.26 during mid-day trading on Friday, reaching $161.29. The company’s stock had a trading volume of 5,659,784 shares, compared to its average volume of 6,820,118. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $164.32. The firm has a market cap of $380.67 billion, a price-to-earnings ratio of 26.35, a PEG ratio of 3.27 and a beta of 0.44. The company has a current ratio of 0.69, a quick ratio of 0.48 and a debt-to-equity ratio of 0.49. The business has a 50 day moving average price of $159.64 and a 200-day moving average price of $153.57.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.10. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The company had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up .6% compared to the same quarter last year. Sell-side analysts predict that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be issued a dividend of $1.0065 per share. This is an increase from Procter & Gamble’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. This represents a $4.03 annualized dividend and a dividend yield of 2.50%. Procter & Gamble’s payout ratio is 65.69%.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 45,000 shares of Procter & Gamble stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the sale, the chief executive officer now directly owns 973 shares in the company, valued at $151,788. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Ma. Fatima Francisco sold 45,000 shares of Procter & Gamble stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $156.00, for a total transaction of $7,020,000.00. Following the sale, the chief executive officer now directly owns 973 shares in the company, valued at $151,788. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Balaji Purushothaman sold 28,369 shares of Procter & Gamble stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $161.49, for a total transaction of $4,581,309.81. Following the sale, the insider now owns 11,507 shares in the company, valued at $1,858,265.43. The disclosure for this sale can be found here. Over the last quarter, insiders sold 100,865 shares of company stock valued at $16,029,280. 0.17% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

PG has been the topic of several research reports. Stifel Nicolaus raised their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a report on Wednesday, January 24th. Jefferies Financial Group lifted their price objective on shares of Procter & Gamble from $175.00 to $182.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. StockNews.com lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Thursday, February 29th. UBS Group lifted their price objective on shares of Procter & Gamble from $172.00 to $178.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. Finally, Barclays lifted their price objective on shares of Procter & Gamble from $168.00 to $170.00 and gave the company an “overweight” rating in a research note on Tuesday, April 23rd. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.76.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.