LifeSteps Financial Inc. increased its position in shares of The Procter & Gamble Company (NYSE:PG – Get Rating) by 48.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,932 shares of the company's stock after acquiring an additional 1,603 shares during the period. Procter & Gamble makes up about 0.8% of LifeSteps Financial Inc.'s investment portfolio, making the stock its 29th largest position. LifeSteps Financial Inc.'s holdings in Procter & Gamble were worth $747,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Newbridge Financial Services Group Inc. increased its position in Procter & Gamble by 1.8% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 3,824 shares of the company's stock worth $580,000 after buying an additional 69 shares during the period. Wescott Financial Advisory Group LLC increased its position in Procter & Gamble by 0.3% in the 1st quarter. Wescott Financial Advisory Group LLC now owns 22,385 shares of the company's stock worth $3,420,000 after buying an additional 72 shares during the period. E Fund Management Co. Ltd. increased its position in Procter & Gamble by 1.6% in the 3rd quarter. E Fund Management Co. Ltd. now owns 4,839 shares of the company's stock worth $611,000 after buying an additional 75 shares during the period. Constitution Capital LLC increased its position in Procter & Gamble by 0.3% in the 3rd quarter. Constitution Capital LLC now owns 27,562 shares of the company's stock worth $3,480,000 after buying an additional 75 shares during the period. Finally, Wolff Wiese Magana LLC increased its position in shares of Procter & Gamble by 0.9% during the third quarter. Wolff Wiese Magana LLC now owns 8,121 shares of the company's stock valued at $1,025,000 after purchasing an additional 76 shares during the period. Institutional investors and hedge funds own 62.13% of the company's stock.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 709 shares of the firm's stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the transaction, the insider now owns 10,198 shares in the company, valued at $1,400,593.32. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, insider Susan Street Whaley sold 709 shares of the firm's stock in a transaction dated Wednesday, March 1st. The stock was sold at an average price of $137.34, for a total value of $97,374.06. Following the transaction, the insider now owns 10,198 shares in the company, valued at $1,400,593.32. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 2,151 shares of the firm's stock in a transaction dated Wednesday, March 1st. The shares were sold at an average price of $137.34, for a total value of $295,418.34. Following the completion of the transaction, the chief executive officer now owns 226,748 shares in the company, valued at approximately $31,141,570.32. The disclosure for this sale can be found here. Insiders have sold a total of 4,766 shares of company stock worth $656,511 over the last 90 days. Insiders own 0.26% of the company's stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $146.72 on Monday. The stock's fifty day moving average is $141.10 and its 200-day moving average is $140.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.37 and a current ratio of 0.56. The stock has a market capitalization of $346.13 billion, a PE ratio of 25.74, a PEG ratio of 4.10 and a beta of 0.40. The Procter & Gamble Company has a 52 week low of $122.18 and a 52 week high of $164.90.

Procter & Gamble (NYSE:PG – Get Rating) last announced its earnings results on Thursday, January 19th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. The company had revenue of $20.77 billion for the quarter, compared to analysts' expectations of $20.75 billion. Procter & Gamble had a return on equity of 32.03% and a net margin of 17.79%. The business's revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.66 earnings per share. Equities research analysts expect that The Procter & Gamble Company will post 5.84 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Friday, January 20th were issued a $0.9133 dividend. This represents a $3.65 annualized dividend and a yield of 2.49%. The ex-dividend date was Thursday, January 19th. Procter & Gamble's dividend payout ratio is 64.04%.

Analyst Ratings Changes

A number of research firms have recently issued reports on PG. Stifel Nicolaus boosted their price objective on Procter & Gamble from $139.00 to $147.00 and gave the company a "hold" rating in a research report on Friday, January 20th. JPMorgan Chase & Co. upgraded Procter & Gamble from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $150.00 to $155.00 in a research report on Friday, March 3rd. UBS Group upgraded Procter & Gamble from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $157.00 to $163.00 in a research report on Wednesday, March 1st. Barclays lowered their price objective on Procter & Gamble from $161.00 to $158.00 and set an "overweight" rating on the stock in a research report on Monday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Procter & Gamble from $162.00 to $156.00 in a research report on Monday, March 20th. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $155.27.

Procter & Gamble Company Profile

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Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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