1,962 Shares in The Procter & Gamble Company (NYSE:PG) Bought by Master S Wealth Management Inc.

Master S Wealth Management Inc. acquired a new position in The Procter & Gamble Company (NYSE:PG - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,962 shares of the company's stock, valued at approximately $329,000. Procter & Gamble accounts for 0.2% of Master S Wealth Management Inc.'s portfolio, making the stock its 27th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Lakeridge Wealth Management LLC raised its holdings in Procter & Gamble by 0.6% in 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 period. Colton Groome Financial Advisors LLC grew its holdings in Procter & Gamble by 3.2% during the fourth quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company's stock worth $334,000 after purchasing an additional 62 shares during the period. Tevis Investment Management raised its stake 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 buying an additional 65 shares during the period. Dakota Community Bank & Trust NA boosted its position in shares of Procter & Gamble by 3.3% in the fourth quarter. Dakota Community Bank & Trust NA now owns 2,078 shares of the company's stock valued at $348,000 after acquiring an additional 66 shares during the period. Finally, Alhambra Investment Management LLC raised its stake in Procter & Gamble by 1.2% in the 4th quarter. Alhambra Investment Management LLC now owns 5,785 shares of the company's stock worth $970,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In related news, insider Marc S. Pritchard sold 90,450 shares of Procter & Gamble stock in a transaction that occurred on Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the transaction, the insider now owns 172,814 shares of the company's stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary A. Coombe sold 18,000 shares of the 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 directly owns 22,051 shares of the company's stock, valued at $3,785,274.66. The trade was a 44.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,450 shares of company stock worth $23,988,008. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Trading Up 2.5 %

PG traded up $4.20 during trading on Friday, hitting $170.59. The company's stock had a trading volume of 7,207,665 shares, compared to its average volume of 7,057,471. The firm has a market capitalization of $400.01 billion, a P/E ratio of 27.16, a PEG ratio of 3.76 and a beta of 0.43. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month high of $180.43. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The stock's fifty day moving average price is $168.39 and its 200-day moving average price is $168.51.

Procter & Gamble (NYSE:PG - Get Free Report) last posted 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 business had revenue of $21.88 billion during the quarter, compared to analysts' expectations of $21.66 billion. During the same period last year, the company posted $1.84 earnings per share. The business's quarterly revenue was up 2.1% on a year-over-year basis. Analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Monday, April 21st. This represents a $4.23 annualized dividend and a yield of 2.48%. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio (DPR) is presently 67.20%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PG shares. Truist Financial lifted their price target on shares of Procter & Gamble from $180.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, April 3rd. JPMorgan Chase & Co. decreased their target price on shares of Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Stifel Nicolaus boosted their price target on Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Finally, UBS Group reaffirmed a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, Procter & Gamble has a consensus rating of "Moderate Buy" and a consensus target price of $181.50.

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.