5,441 Shares in The Procter & Gamble Company (NYSE:PG) Acquired by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC bought a new position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,441 shares of the company's stock, valued at approximately $912,000.

Other large investors have also recently added to or reduced their stakes in the company. NewSquare Capital LLC increased its position in shares of Procter & Gamble by 933.3% in the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. RPg Family Wealth Advisory LLC purchased a new stake in shares of Procter & Gamble in the 3rd quarter valued at approximately $33,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $34,000. Noble Wealth Management PBC acquired a new position in shares of Procter & Gamble in the 4th quarter valued at $39,000. Finally, Bay Harbor Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 972.0% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 268 shares of the company's stock valued at $45,000 after buying an additional 243 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Down 2.8 %

Shares of Procter & Gamble stock opened at $168.35 on Thursday. The firm has a fifty day moving average of $167.16 and a two-hundred day moving average of $169.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a market cap of $394.75 billion, a P/E ratio of 26.81, a PEG ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

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Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $0.02. The business had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.84 EPS. On average, analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were issued a $1.0065 dividend. The ex-dividend date was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.39%. Procter & Gamble's dividend payout ratio is presently 64.01%.

Insider Activity

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm's stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the transaction, the insider now directly owns 172,814 shares in the company, valued at approximately $28,313,845.76. This trade represents a 34.36 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gary A. Coombe sold 35,000 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,829,817.68. This trade represents a 61.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 143,450 shares of company stock worth $23,988,008 in the last 90 days. 0.18% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. DA Davidson restated a "buy" rating and issued a $209.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Wells Fargo & Company upped their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. lowered their target price on shares of Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a report on Thursday, January 16th. Piper Sandler lowered their target price on shares of Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating for the company in a report on Monday, February 24th. Finally, Stifel Nicolaus increased their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus price target of $181.47.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and 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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