Aviso Wealth Management Has $909,000 Position in The Procter & Gamble Company (NYSE:PG)

Aviso Wealth Management grew its position in The Procter & Gamble Company (NYSE:PG - Free Report) by 189.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,423 shares of the company's stock after purchasing an additional 3,547 shares during the period. Aviso Wealth Management's holdings in Procter & Gamble were worth $909,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PG. NewSquare Capital LLC increased its stake in Procter & Gamble by 933.3% during the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock worth $26,000 after purchasing an additional 140 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of Procter & Gamble during the third quarter worth $33,000. LFA Lugano Financial Advisors SA acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $34,000. Atlantic Private Wealth LLC lifted its position in Procter & Gamble by 95.3% in the 4th quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock valued at $35,000 after acquiring an additional 101 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in Procter & Gamble in the 4th quarter worth $39,000. 65.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PG has been the topic of a number of research reports. Piper Sandler cut their price target on Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating on the stock in a report on Monday, February 24th. Stifel Nicolaus boosted their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $164.00 price target on shares of Procter & Gamble in a research note on Thursday, January 23rd. UBS Group reissued a "buy" rating on shares of Procter & Gamble in a research report on Monday, February 10th. Finally, Erste Group Bank raised shares of Procter & Gamble from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Seven analysts have rated the stock with a hold rating, twelve have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $181.82.

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Insider Activity at Procter & Gamble

In other news, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total value of $3,089,880.00. Following the completion of the sale, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,785,274.66. The trade was a 44.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Marc S. Pritchard sold 90,450 shares of the stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the sale, the insider now directly owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 143,450 shares of company stock worth $23,988,008 in the last ninety days. 0.18% of the stock is owned by company insiders.

Procter & Gamble Stock Performance

Procter & Gamble stock traded down $0.31 during mid-day trading on Friday, hitting $168.40. 3,168,861 shares of the company's stock traded hands, compared to its average volume of 7,700,850. The Procter & Gamble Company has a fifty-two week low of $153.52 and a fifty-two week high of $180.43. The stock has a market cap of $394.87 billion, a price-to-earnings ratio of 26.82, a P/E/G ratio of 3.76 and a beta of 0.41. The firm has a 50 day simple moving average of $168.47 and a two-hundred day simple moving average of $169.46. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate 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%. Procter & Gamble's revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.84 EPS. On average, research analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

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

Procter & Gamble Company 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.