Climber Capital SA Acquires Shares of 3,200 The Procter & Gamble Company (NYSE:PG)

Climber Capital SA purchased a new position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,200 shares of the company's stock, valued at approximately $536,000.

Several other large investors also recently bought and sold shares of PG. Lakeridge Wealth Management LLC increased its position in Procter & Gamble by 0.6% during the fourth quarter. Lakeridge Wealth Management LLC now owns 10,807 shares of the company's stock worth $1,812,000 after purchasing an additional 60 shares during the last quarter. Colton Groome Financial Advisors LLC raised its position in shares of Procter & Gamble by 3.2% during the 4th quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company's stock valued at $334,000 after buying an additional 62 shares during the period. Tevis Investment Management lifted its holdings in Procter & Gamble by 0.6% in the fourth quarter. Tevis Investment Management now owns 11,633 shares of the company's stock valued at $1,950,000 after acquiring an additional 65 shares during the last quarter. Dakota Community Bank & Trust NA grew its position in Procter & Gamble by 3.3% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,078 shares of the company's stock worth $348,000 after acquiring an additional 66 shares during the period. Finally, Alhambra Investment Management LLC increased its stake in Procter & Gamble by 1.2% during the fourth quarter. Alhambra Investment Management LLC now owns 5,785 shares of the company's stock worth $970,000 after acquiring an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

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Procter & Gamble Stock Up 1.6 %

Shares of PG traded up $2.67 during midday trading on Thursday, reaching $172.17. The stock had a trading volume of 9,389,328 shares, compared to its average volume of 6,909,108. The company has a market cap of $403.71 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 3.76 and a beta of 0.41. The company's fifty day simple moving average is $169.19 and its two-hundred day simple moving average is $169.29. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. 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 posted its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion for the quarter, compared to analysts' expectations of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble's quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.84 earnings per share. Equities research analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble's dividend payout ratio (DPR) is 64.01%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Wells Fargo & Company upped their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research note 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 research note on Thursday, January 16th. DA Davidson reiterated a "buy" rating and set a $209.00 price target on shares of Procter & Gamble in a research report on Thursday, January 23rd. Truist Financial increased their price objective on shares of Procter & Gamble from $180.00 to $185.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and a consensus target price of $182.00.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total value of $3,089,880.00. Following the sale, the chief executive officer now owns 22,051 shares in the company, valued at $3,785,274.66. This trade represents a 44.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 143,450 shares of company stock worth $23,988,008 over the last three months. Insiders own 0.18% of the company's stock.

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.