M Holdings Securities Inc. Has $4.85 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

M Holdings Securities Inc. increased its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 146.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 28,919 shares of the company's stock after purchasing an additional 17,201 shares during the quarter. M Holdings Securities Inc.'s holdings in Procter & Gamble were worth $4,848,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Howard Capital Management Group LLC grew its holdings in shares of Procter & Gamble by 1.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company's stock worth $1,442,000 after purchasing an additional 82 shares during the period. Principal Financial Group Inc. raised its stake in shares of Procter & Gamble by 14.7% during the third quarter. Principal Financial Group Inc. now owns 4,734,588 shares of the company's stock valued at $820,031,000 after purchasing an additional 608,168 shares during the period. Garden State Investment Advisory Services LLC purchased a new stake in Procter & Gamble during the 3rd quarter worth $201,000. Invst LLC boosted its position in Procter & Gamble by 0.7% in the 3rd quarter. Invst LLC now owns 15,889 shares of the company's stock valued at $2,752,000 after buying an additional 103 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Procter & Gamble during the third quarter valued at about $1,632,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 18,000 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer now directly owns 22,051 shares of the company's stock, 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 legal filing with the SEC, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction 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 transaction, the insider now directly owns 172,814 shares in the company, valued at approximately $28,313,845.76. This represents a 34.36 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 143,450 shares of company stock valued at $23,988,008. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

Shares of PG stock traded up $4.20 during mid-day trading on Friday, reaching $170.59. The company's stock had a trading volume of 7,207,665 shares, compared to its average volume of 7,060,506. 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 firm's 50-day moving average is $168.37 and its two-hundred day moving average is $168.52. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. The company has a market cap of $400.01 billion, a P/E ratio of 27.16, a PEG ratio of 3.76 and a beta of 0.43.

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

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Monday, April 21st will be paid a dividend of $1.0568 per share. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a yield of 2.48%. The ex-dividend date is Monday, April 21st. Procter & Gamble's dividend payout ratio is currently 67.20%.

Analysts Set New Price Targets

A number of research analysts recently commented on PG shares. Piper Sandler reduced their price target on Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating for the company in a report on Monday, February 24th. UBS Group restated a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. DA Davidson reissued a "buy" rating and set a $209.00 price objective 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 research note on Thursday, January 23rd. Finally, Stifel Nicolaus lifted their price target on 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, thirteen have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $181.50.

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.