GDS Wealth Management Has $700,000 Stake in The Procter & Gamble Company (NYSE:PG)

GDS Wealth Management increased its position in shares of The Procter & Gamble Company (NYSE:PG) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,774 shares of the company’s stock after purchasing an additional 221 shares during the period. GDS Wealth Management’s holdings in Procter & Gamble were worth $700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Eclectic Associates Inc. ADV lifted its position in shares of Procter & Gamble by 22.0% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 2,077 shares of the company’s stock valued at $303,000 after acquiring an additional 375 shares during the period. Strategic Investment Advisors MI increased its holdings in Procter & Gamble by 2.9% in the 3rd quarter. Strategic Investment Advisors MI now owns 27,371 shares of the company’s stock valued at $3,992,000 after buying an additional 770 shares during the period. SevenBridge Financial Group LLC raised its position in shares of Procter & Gamble by 2.1% in the 3rd quarter. SevenBridge Financial Group LLC now owns 29,376 shares of the company’s stock valued at $4,285,000 after buying an additional 615 shares in the last quarter. Eukles Asset Management lifted its holdings in shares of Procter & Gamble by 77.3% during the 3rd quarter. Eukles Asset Management now owns 9,071 shares of the company’s stock worth $1,323,000 after acquiring an additional 3,955 shares during the period. Finally, Fortune Financial Advisors LLC boosted its position in shares of Procter & Gamble by 2.8% during the 3rd quarter. Fortune Financial Advisors LLC now owns 33,489 shares of the company’s stock worth $4,885,000 after acquiring an additional 927 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Up 0.6 %

Shares of PG stock traded up $1.00 on Thursday, hitting $166.07. The company had a trading volume of 4,670,607 shares, compared to its average volume of 6,846,383. The stock’s 50-day moving average is $160.33 and its two-hundred day moving average is $154.57. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 0.69. The firm has a market cap of $391.95 billion, a P/E ratio of 27.13, a P/E/G ratio of 3.34 and a beta of 0.43. The Procter & Gamble Company has a twelve month low of $141.45 and a twelve month high of $166.37.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. The firm had revenue of $20.20 billion for the quarter, compared to the consensus estimate of $20.43 billion. During the same quarter in the previous year, the company earned $1.37 EPS. The company’s revenue for the quarter was up .6% on a year-over-year basis. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.55 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be given a $1.0065 dividend. The ex-dividend date is Thursday, April 18th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. This represents a $4.03 annualized dividend and a dividend yield of 2.42%. Procter & Gamble’s dividend payout ratio (DPR) is 65.69%.

Insider Activity

In other news, CEO Gary A. Coombe sold 22,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $161.32, for a total transaction of $3,549,040.00. Following the completion of the sale, the chief executive officer now owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Procter & Gamble news, insider Susan Street Whaley sold 3,865 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $160.60, for a total value of $620,719.00. Following the transaction, the insider now owns 11,886 shares in the company, valued at $1,908,891.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 22,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $161.32, for a total value of $3,549,040.00. Following the sale, the chief executive officer now owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The disclosure for this sale can be found here. Insiders have sold 140,112 shares of company stock valued at $22,841,321 in the last ninety days. 0.17% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent analyst reports. The Goldman Sachs Group assumed coverage on Procter & Gamble in a research note on Friday, March 1st. They set a “neutral” rating and a $168.00 target price for the company. Argus boosted their target price on Procter & Gamble from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $162.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. Barclays upped their price objective on shares of Procter & Gamble from $168.00 to $170.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 23rd. Finally, Royal Bank of Canada raised their target price on shares of Procter & Gamble from $156.00 to $157.00 and gave the company a “sector perform” rating in a research report on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $169.76.

About Procter & Gamble

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.