O ROURKE & COMPANY Inc Grows Position in The Procter & Gamble Company (NYSE:PG)

O ROURKE & COMPANY Inc boosted its holdings in The Procter & Gamble Company (NYSE:PG) by 3.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,644 shares of the company’s stock after buying an additional 198 shares during the period. O ROURKE & COMPANY Inc’s holdings in Procter & Gamble were worth $978,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Financial Strategies Group Inc. lifted its stake in shares of Procter & Gamble by 21.3% in the 1st quarter. Financial Strategies Group Inc. now owns 26,154 shares of the company’s stock worth $4,097,000 after acquiring an additional 4,585 shares during the period. Woodmont Investment Counsel LLC lifted its position in shares of Procter & Gamble by 0.3% in the 1st quarter. Woodmont Investment Counsel LLC now owns 83,880 shares of the company’s stock worth $13,609,000 after acquiring an additional 268 shares during the period. Applied Capital LLC FL raised its position in Procter & Gamble by 1.6% in the first quarter. Applied Capital LLC FL now owns 11,992 shares of the company’s stock worth $1,946,000 after purchasing an additional 190 shares in the last quarter. Dash Acquisitions Inc. boosted its position in Procter & Gamble by 45.6% in the first quarter. Dash Acquisitions Inc. now owns 37,026 shares of the company’s stock valued at $5,812,000 after buying an additional 11,591 shares in the last quarter. Finally, MV Capital Management Inc. increased its stake in shares of Procter & Gamble by 9.2% in the first quarter. MV Capital Management Inc. now owns 25,046 shares of the company’s stock valued at $4,064,000 after buying an additional 2,112 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Price Performance

PG stock traded up $0.38 during trading on Thursday, reaching $166.54. 1,055,022 shares of the company were exchanged, compared to its average volume of 6,628,311. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The Procter & Gamble Company has a 52-week low of $142.50 and a 52-week high of $177.94. The company has a market cap of $392.21 billion, a P/E ratio of 28.66, a PEG ratio of 3.64 and a beta of 0.41. The stock’s 50 day moving average price is $171.80 and its 200 day moving average price is $167.86.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The business had revenue of $21.74 billion during the quarter, compared to analyst estimates of $21.99 billion. During the same period last year, the business earned $1.83 EPS. The business’s revenue was down .6% on a year-over-year basis. As a group, analysts predict that The Procter & Gamble Company will post 6.94 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 18th will be given a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Friday, October 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.48%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Evercore ISI upped their price objective on Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a report on Monday, October 21st. Jefferies Financial Group lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $182.00 to $175.00 in a research note on Wednesday, July 24th. DZ Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Thursday, August 29th. Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Finally, Wolfe Research raised Procter & Gamble to a “strong-buy” rating in a research note on Friday, August 23rd. Nine research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $177.00.

Insiders Place Their Bets

In related news, insider Susan Street Whaley sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $169.22, for a total value of $76,149.00. Following the transaction, the insider now directly owns 13,072 shares of the company’s stock, valued at approximately $2,212,043.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Procter & Gamble news, insider Susan Street Whaley sold 450 shares of Procter & Gamble stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $169.22, for a total transaction of $76,149.00. Following the completion of the transaction, the insider now directly owns 13,072 shares of the company’s stock, valued at approximately $2,212,043.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jon R. Moeller sold 72,174 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $171.01, for a total transaction of $12,342,475.74. Following the sale, the chief executive officer now directly owns 263,158 shares in the company, valued at approximately $45,002,649.58. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 389,144 shares of company stock worth $66,184,385. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Company Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company 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, SK-II, and Native brands.