MSH Capital Advisors LLC Invests $1.72 Million in The Procter & Gamble Company (NYSE:PG)

MSH Capital Advisors LLC acquired a new position in The Procter & Gamble Company (NYSE:PG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 10,237 shares of the company's stock, valued at approximately $1,716,000.

Other large investors also recently modified their holdings of the company. NewSquare Capital LLC boosted its position in shares of Procter & Gamble by 933.3% during the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company's stock valued at $26,000 after purchasing an additional 140 shares in the last quarter. Hoey Investments Inc. lifted its position in shares of Procter & Gamble by 321.7% during the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after acquiring an additional 148 shares during the last quarter. LFA Lugano Financial Advisors SA bought a new stake in shares of Procter & Gamble during the 4th quarter worth $34,000. Atlantic Private Wealth LLC grew its holdings in shares of Procter & Gamble by 95.3% in the 4th quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock worth $35,000 after acquiring an additional 101 shares during the last quarter. Finally, Prudent Man Investment Management Inc. acquired a new stake in shares of Procter & Gamble during the fourth quarter worth $38,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction dated 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 sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 35,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $173.68, for a total value of $6,078,800.00. Following the sale, the chief executive officer now directly owns 22,051 shares in the company, valued at $3,829,817.68. The trade was a 61.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 143,450 shares of company stock worth $23,988,008. Company insiders own 0.18% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on PG shares. Truist Financial lifted their price target on Procter & Gamble from $180.00 to $185.00 and gave the stock a "buy" rating in a research note on Thursday, April 3rd. Stifel Nicolaus raised their price objective on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. DA Davidson reiterated a "buy" rating and set a $209.00 price target on shares of Procter & Gamble in a report on Thursday, January 23rd. Finally, Wells Fargo & Company raised their price objective on Procter & Gamble from $176.00 to $180.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Seven equities research 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. According to MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and an average price target of $181.50.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded up $4.20 during 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 7,057,471. 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 business's fifty day moving average price is $168.39 and its 200-day moving average price is $168.51. The firm has a market cap of $400.01 billion, a price-to-earnings ratio of 27.16, a price-to-earnings-growth ratio of 3.76 and a beta of 0.43. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

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

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders 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 dividend on an annualized basis and a dividend 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 currently 67.20%.

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.