The Procter & Gamble Company (NYSE:PG) Shares Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lifted its holdings in The Procter & Gamble Company (NYSE:PG - Free Report) by 25,155.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,713 shares of the company's stock after buying an additional 45,532 shares during the quarter. New Age Alpha Advisors LLC's holdings in Procter & Gamble were worth $7,664,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PG. Howard Capital Management Group LLC raised its position in Procter & Gamble by 1.0% during the 3rd quarter. Howard Capital Management Group LLC now owns 8,327 shares of the company's stock valued at $1,442,000 after purchasing an additional 82 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Procter & Gamble by 14.7% in the third quarter. Principal Financial Group Inc. now owns 4,734,588 shares of the company's stock valued at $820,031,000 after acquiring an additional 608,168 shares in the last quarter. United Bank grew its holdings in Procter & Gamble by 1.7% during the 3rd quarter. United Bank now owns 13,367 shares of the company's stock worth $2,315,000 after acquiring an additional 219 shares in the last quarter. Algert Global LLC purchased a new position in Procter & Gamble during the 3rd quarter valued at about $824,000. Finally, Loomis Sayles & Co. L P raised its holdings in shares of Procter & Gamble by 3.5% in the 3rd quarter. Loomis Sayles & Co. L P now owns 61,664 shares of the company's stock valued at $10,680,000 after purchasing an additional 2,112 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

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Insider Activity

In related news, CEO Gary A. Coombe sold 18,000 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,785,274.66. This represents a 44.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction dated 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 of the company's stock, valued at approximately $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 143,450 shares of company stock worth $23,988,008. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Trading Up 0.9 %

NYSE PG traded up $1.59 during trading on Monday, hitting $169.62. The stock had a trading volume of 2,363,552 shares, compared to its average volume of 6,872,306. 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 company has a market capitalization of $397.73 billion, a PE ratio of 27.03, a PEG ratio of 3.76 and a beta of 0.41. The firm has a 50 day moving average price of $168.60 and a 200 day moving average price of $169.31. The Procter & Gamble Company has a twelve month low of $153.52 and a twelve month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion for the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.84 EPS. As a group, equities research analysts forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were issued a dividend of $1.0065 per share. The ex-dividend date was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.37%. Procter & Gamble's dividend payout ratio (DPR) is 64.01%.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of recent research reports. Royal Bank of Canada reiterated a "sector perform" rating and set a $164.00 price objective on shares of Procter & Gamble in a research note on Thursday, January 23rd. Erste Group Bank upgraded Procter & Gamble from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Barclays restated an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday. DA Davidson reiterated a "buy" rating and issued a $209.00 target price on shares of Procter & Gamble in a research note on Thursday, January 23rd. Finally, Piper Sandler decreased their price target on shares of Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating for the company in a research report on Monday, February 24th. Seven research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $181.82.

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.