The Procter & Gamble Company (NYSE:PG) Shares Purchased by Capital Analysts LLC

Capital Analysts LLC boosted its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,091 shares of the company's stock after purchasing an additional 2,215 shares during the period. Capital Analysts LLC's holdings in Procter & Gamble were worth $14,265,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Procter & Gamble in the fourth quarter worth approximately $5,244,463,000. Raymond James Financial Inc. bought a new stake in Procter & Gamble in the 4th quarter worth approximately $1,010,685,000. Bank Julius Baer & Co. Ltd Zurich increased its position in Procter & Gamble by 1,195.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 3,222,585 shares of the company's stock valued at $580,596,000 after acquiring an additional 2,973,757 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Procter & Gamble by 62.5% in the 4th quarter. Capital Research Global Investors now owns 7,398,120 shares of the company's stock worth $1,240,294,000 after purchasing an additional 2,846,560 shares during the period. Finally, APG Asset Management N.V. boosted its stake in shares of Procter & Gamble by 1,709.5% during the 4th quarter. APG Asset Management N.V. now owns 2,006,298 shares of the company's stock worth $324,825,000 after acquiring an additional 1,895,421 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded up $0.85 during trading hours on Monday, hitting $161.87. 8,110,063 shares of the company were exchanged, compared to its average volume of 7,128,255. The Procter & Gamble Company has a 1 year low of $156.58 and a 1 year high of $180.43. The business has a 50-day moving average of $168.16 and a 200-day moving average of $168.32. The stock has a market capitalization of $379.56 billion, a price-to-earnings ratio of 25.78, a P/E/G ratio of 3.76 and a beta of 0.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. The firm had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period last year, the firm posted $1.52 EPS. As a group, analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, April 21st will be given a $1.0568 dividend. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Monday, April 21st. Procter & Gamble's dividend payout ratio (DPR) is 66.98%.

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

PG has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating for the company in a research report on Friday, April 11th. Morgan Stanley set a $180.00 target price on Procter & Gamble and gave the stock an "overweight" rating in a research report on Friday. Erste Group Bank upgraded shares of Procter & Gamble from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Royal Bank of Canada raised Procter & Gamble from a "sector perform" rating to an "outperform" rating and boosted their target price for the company from $164.00 to $177.00 in a research report on Friday. Finally, Truist Financial cut their target price on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $180.79.

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.