Whittier Trust Co. of Nevada Inc. Has $22.98 Million Stock Position in The Procter & Gamble Company (NYSE:PG)

Whittier Trust Co. of Nevada Inc. grew its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 11.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 132,696 shares of the company's stock after buying an additional 13,688 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Procter & Gamble were worth $22,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Wulff Hansen & CO. increased its stake in shares of Procter & Gamble by 16,292.0% in the second quarter. Wulff Hansen & CO. now owns 3,675,902 shares of the company's stock worth $606,230,000 after purchasing an additional 3,653,477 shares during the period. TD Asset Management Inc increased its stake in Procter & Gamble by 114.9% during the first quarter. TD Asset Management Inc now owns 3,568,671 shares of the company's stock valued at $579,017,000 after acquiring an additional 1,907,716 shares during the period. AMF Tjanstepension AB boosted its holdings in Procter & Gamble by 416.1% during the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the company's stock valued at $315,016,000 after purchasing an additional 1,466,115 shares in the last quarter. Swedbank AB acquired a new stake in Procter & Gamble during the first quarter valued at approximately $233,788,000. Finally, Ilex Capital Partners UK LLP acquired a new stake in Procter & Gamble during the first quarter valued at approximately $228,212,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 96,000 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $170.00, for a total transaction of $16,320,000.00. Following the completion of the transaction, the chief executive officer now owns 13,721 shares in the company, valued at approximately $2,332,570. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Jon R. Moeller sold 7,007 shares of the stock in a transaction dated Wednesday, October 2nd. The shares were sold at an average price of $171.65, for a total transaction of $1,202,751.55. Following the completion of the transaction, the chief executive officer now directly owns 269,172 shares in the company, valued at $46,203,373.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Ma. Fatima Francisco sold 96,000 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $170.00, for a total transaction of $16,320,000.00. Following the transaction, the chief executive officer now owns 13,721 shares of the company's stock, valued at approximately $2,332,570. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 383,194 shares of company stock worth $65,140,718 in the last quarter. Corporate insiders own 0.17% of the company's stock.

Procter & Gamble Trading Down 1.0 %

Shares of Procter & Gamble stock traded down $1.72 on Monday, hitting $169.56. 5,522,260 shares of the company's stock traded hands, compared to its average volume of 6,686,861. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.73 and a quick ratio of 0.53. The Procter & Gamble Company has a one year low of $142.50 and a one year high of $177.94. The firm's 50-day moving average price is $171.82 and its two-hundred day moving average price is $167.33. The stock has a market capitalization of $400.18 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 3.74 and a beta of 0.41.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.90 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The business had revenue of $21.74 billion during the quarter, compared to analysts' expectations of $21.99 billion. During the same quarter in the prior year, the company earned $1.83 EPS. The firm's quarterly revenue was down .6% on a year-over-year basis. On average, research analysts expect that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date is Friday, October 18th. Procter & Gamble's dividend payout ratio is currently 65.69%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Jefferies Financial Group downgraded Procter & Gamble from a "buy" rating to a "hold" rating and decreased their price objective for the company from $182.00 to $175.00 in a report on Wednesday, July 24th. DA Davidson boosted their target price on Procter & Gamble from $159.00 to $160.00 and gave the stock a "neutral" rating in a report on Monday. Dbs Bank downgraded Procter & Gamble from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 1st. Piper Sandler initiated coverage on Procter & Gamble in a report on Tuesday, September 24th. They issued a "neutral" rating and a $174.00 target price on the stock. Finally, DZ Bank raised Procter & Gamble from a "hold" rating to a "buy" rating and set a $190.00 target price on the stock in a report on Thursday, August 29th. Nine analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $177.00.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.