Sava Infond d.o.o. Acquires Shares of 11,811 The Procter & Gamble Company (NYSE:PG)

Sava Infond d.o.o. purchased a new stake in The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,811 shares of the company's stock, valued at approximately $1,980,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PG. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Procter & Gamble by 24.0% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 8,426,726 shares of the company's stock valued at $1,391,505,000 after buying an additional 1,632,014 shares during the period. Cottage Street Advisors LLC lifted its holdings in Procter & Gamble by 3.6% during the fourth quarter. Cottage Street Advisors LLC now owns 5,646 shares of the company's stock worth $947,000 after acquiring an additional 195 shares in the last quarter. Tyler Stone Wealth Management grew its stake in Procter & Gamble by 1.5% in the fourth quarter. Tyler Stone Wealth Management now owns 4,702 shares of the company's stock valued at $788,000 after acquiring an additional 69 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Procter & Gamble in the fourth quarter worth about $503,000. Finally, Aviso Wealth Management lifted its holdings in shares of Procter & Gamble by 189.1% during the 4th quarter. Aviso Wealth Management now owns 5,423 shares of the company's stock valued at $909,000 after purchasing an additional 3,547 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

Several brokerages have commented on PG. Royal Bank of Canada restated a "sector perform" rating and set a $164.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Barclays restated an "equal weight" rating on shares of Procter & Gamble in a report on Thursday. DA Davidson reiterated a "buy" rating and set a $209.00 target price on shares of Procter & Gamble in a report on Thursday, January 23rd. Wells Fargo & Company boosted their price target on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, Erste Group Bank upgraded Procter & Gamble from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Seven analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $181.82.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 18,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the transaction, the chief executive officer now owns 22,051 shares in the company, valued at $3,785,274.66. This represents a 44.94 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the insider now owns 172,814 shares of the company's stock, valued at approximately $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 143,450 shares of company stock worth $23,988,008 over the last quarter. Company insiders own 0.18% of the company's stock.

Procter & Gamble Stock Performance

Shares of PG stock traded down $0.77 on Friday, reaching $167.94. The stock had a trading volume of 5,479,125 shares, compared to its average volume of 6,889,318. The Procter & Gamble Company has a 12 month low of $153.52 and a 12 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 firm has a market capitalization of $393.80 billion, a price-to-earnings ratio of 26.74, a P/E/G ratio of 3.76 and a beta of 0.41. The firm's 50-day moving average is $168.60 and its two-hundred day moving average is $169.35.

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

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were given a dividend of $1.0065 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.40%. Procter & Gamble's dividend payout ratio (DPR) is presently 64.01%.

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.