Morgan Dempsey Capital Management LLC Boosts Position in Procter & Gamble Co (PG)

Morgan Dempsey Capital Management LLC increased its holdings in shares of Procter & Gamble Co (NYSE:PG) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,189 shares of the company’s stock after acquiring an additional 3,359 shares during the period. Procter & Gamble makes up 1.8% of Morgan Dempsey Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Morgan Dempsey Capital Management LLC owned about 2,254.23% of Procter & Gamble worth $5,201,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. City Holding Co. lifted its stake in shares of Procter & Gamble by 6.1% in the second quarter. City Holding Co. now owns 61,510 shares of the company’s stock worth $5,361,000 after buying an additional 3,513 shares in the last quarter. Koshinski Asset Management Inc. lifted its stake in shares of Procter & Gamble by 4.3% in the second quarter. Koshinski Asset Management Inc. now owns 20,292 shares of the company’s stock worth $1,768,000 after buying an additional 835 shares in the last quarter. Dynamic Advisors Solutions LLC lifted its stake in shares of Procter & Gamble by 27.0% in the second quarter. Dynamic Advisors Solutions LLC now owns 18,614 shares of the company’s stock worth $1,622,000 after buying an additional 3,960 shares in the last quarter. Atria Investments LLC lifted its stake in shares of Procter & Gamble by 7.0% in the second quarter. Atria Investments LLC now owns 84,556 shares of the company’s stock worth $7,369,000 after buying an additional 5,549 shares in the last quarter. Finally, RB Capital Management LLC lifted its stake in shares of Procter & Gamble by 1.0% in the second quarter. RB Capital Management LLC now owns 7,364 shares of the company’s stock worth $642,000 after buying an additional 70 shares in the last quarter. 59.57% of the stock is currently owned by institutional investors and hedge funds.

In other Procter & Gamble news, insider Marylynn Fergusonmchugh sold 4,363 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $87.00, for a total transaction of $379,581.00. Following the completion of the sale, the insider now directly owns 85,495 shares of the company’s stock, valued at $7,438,065. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Juan Fernando Posada sold 4,878 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $89.80, for a total transaction of $438,044.40. Following the sale, the insider now directly owns 25,429 shares of the company’s stock, valued at $2,283,524.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 18,719 shares of company stock valued at $1,661,544. 0.35% of the stock is owned by corporate insiders.

PG has been the topic of several analyst reports. Jefferies Group reiterated a “buy” rating and issued a $99.00 target price on shares of Procter & Gamble in a research note on Monday, December 18th. Stifel Nicolaus set a $87.00 target price on shares of Procter & Gamble and gave the stock a “hold” rating in a research note on Friday, October 20th. Goldman Sachs Group reiterated a “sell” rating on shares of Procter & Gamble in a research note on Wednesday, October 4th. Deutsche Bank assumed coverage on shares of Procter & Gamble in a research note on Tuesday, December 19th. They issued a “buy” rating and a $91.88 target price on the stock. Finally, Zacks Investment Research raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $100.00 price objective for the company in a report on Tuesday, January 16th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the stock. Procter & Gamble currently has an average rating of “Hold” and a consensus target price of $88.51.

Procter & Gamble Co (NYSE PG) opened at $91.07 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.75 and a debt-to-equity ratio of 0.37. Procter & Gamble Co has a twelve month low of $85.42 and a twelve month high of $94.67. The firm has a market cap of $231,040.77, a P/E ratio of 16.01, a PEG ratio of 2.91 and a beta of 0.67.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 20th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.02. Procter & Gamble had a net margin of 23.72% and a return on equity of 20.35%. The firm had revenue of $16.65 billion during the quarter, compared to analysts’ expectations of $16.69 billion. During the same period in the previous year, the company earned $1.03 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. analysts anticipate that Procter & Gamble Co will post 4.19 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Friday, January 19th will be issued a dividend of $0.6896 per share. The ex-dividend date is Thursday, January 18th. This represents a $2.76 dividend on an annualized basis and a yield of 3.03%. Procter & Gamble’s dividend payout ratio is currently 48.51%.

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About Procter & Gamble

The Procter & Gamble Company is focused on providing branded consumer packaged goods to the consumers across the world. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care. The Company sells its products in approximately 180 countries and territories primarily through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores and pharmacies.

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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