Howard Capital Management Boosts Position in Procter & Gamble Company (The) (NYSE:PG)

Xavier Trudeau
Juillet 17, 2017

Jefferies analysts see Nelson Peltz's proxy fight to win a seat on Procter & Gamble Co's (PG) board as motivation for the company to "raise the execution bar, which is supportive of a higher multiple", analysts wrote in a Monday note. They issued a neutral rating and a $98.00 target price on the stock. Over the trailing year, the stock is underperforming the S&P 500 by 11.54, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. Procter & Gamble Company (The) has a payout ratio of 71.5% meaning its dividend is sufficiently covered by earnings.

04/27/2017 - Procter & Gamble Company (The) had its " rating reiterated by analysts at Stifel Nicolaus. Shareholders of record on Friday, July 21st will be given a $0.6896 dividend. This represents a $2.76 annualized dividend and a yield of 3.17%. Hexavest Inc. now owns 898,511 shares of the company's stock worth $80,731,000 after buying an additional 40,791 shares during the period.

Shares of P&G have risen 0.52% on the news in pre-market trading to a recent $87.55. JJJ Advisors Inc. bought a new stake in Procter & Gamble Company (The) during the fourth quarter valued at about $149,000. Shelton Capital Management now owns 154,754 shares of the company's stock valued at $13,012,000 after buying an additional 9,560 shares in the last quarter.

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Fukoku Mutual Life Insurance Company increased Procter And Gamble Co (PG) stake by 78.49% reported in 2016Q4 SEC filing. Burney Co. raised its stake in shares of Procter & Gamble Company (The) by 24.0% in the fourth quarter. The stock now has a Market Cap of $221.75B. Asset Planning Services Ltd. now owns 1,186 shares of the company's stock valued at $107,000 after buying an additional 526 shares during the last quarter. Analysts have placed a $91.71 price target on The Procter & Gamble Company, suggesting a 5.29% gain from recent close.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -0.31% and has a pretty decent Year to Date (YTD) Performance of 3.59% which means the stock is constantly adding to its value from previous fiscal year end price. During the same quarter in the previous year, the firm posted $0.86 EPS. The first trade took place at $86.96 and the stock went up 0.46% to attain the closing price of $87.1. Procter & Gamble Company (The) had a net margin of 23.14% and a return on equity of 19.30%. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark laws. Zacks Investment Research lowered Procter & Gamble Company (The) from a "hold" rating to a "sell" rating in a research note on Thursday, March 23rd. The original version of this report can be read at The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Analysts set a 12-month price target of $196.89 a share. On Monday, May 1 Bishop Steven D sold $233,011 worth of Procter & Gamble Co (NYSE:PG) or 2,668 shares. The shares were sold at an average price of $86.27, for a total transaction of $5,378,934.50. Also, insider Ioannis Skoufalos sold 3,879 shares of the stock in a transaction on Monday, May 22nd. The disclosure for this sale can be found here. The stock increased 0.46% or $0.4 during the last trading session, reaching $87.1.

The Trian Group believes that disruptive and existential threats are impacting the entire consumer packaged goods industry, including changes in technology and consumer behavior, and the Company must act with the greatest possible urgency to address the market share it is losing to both its peers and smaller local competitors, who are adapting to industry changes more effectively than P&G. The Company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care, and Baby, Feminine & Family Care.

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