The Procter & Gamble Company (NYSE:PG) is Liberty One Investment Management LLC's 7th Largest Position

Liberty One Investment Management LLC raised its position in The Procter & Gamble Company (NYSE:PG - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,257 shares of the company's stock after buying an additional 2,600 shares during the quarter. Procter & Gamble makes up approximately 3.2% of Liberty One Investment Management LLC's portfolio, making the stock its 7th biggest position. Liberty One Investment Management LLC's holdings in Procter & Gamble were worth $29,549,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Itau Unibanco Holding S.A. acquired a new stake in shares of Procter & Gamble during the second quarter worth about $28,000. RPg Family Wealth Advisory LLC acquired a new position in shares of Procter & Gamble in the third quarter valued at approximately $33,000. Costello Asset Management INC increased its holdings in shares of Procter & Gamble by 2,142.9% in the third quarter. Costello Asset Management INC now owns 314 shares of the company's stock valued at $54,000 after purchasing an additional 300 shares during the period. William B. Walkup & Associates Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth $58,000. Finally, Mendota Financial Group LLC grew its position in Procter & Gamble by 58.0% in the 4th quarter. Mendota Financial Group LLC now owns 376 shares of the company's stock valued at $63,000 after buying an additional 138 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. DA Davidson restated a "buy" rating and set a $209.00 price objective on shares of Procter & Gamble in a research report on Friday, December 27th. Evercore ISI boosted their target price on Procter & Gamble from $180.00 to $183.00 and gave the stock an "outperform" rating in a research report on Monday, October 21st. Wells Fargo & Company cut their price objective on Procter & Gamble from $190.00 to $176.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. Piper Sandler assumed coverage on shares of Procter & Gamble in a research note on Tuesday, September 24th. They issued a "neutral" rating and a $174.00 price objective for the company. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $164.00 target price on shares of Procter & Gamble in a research report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $179.65.

Insiders Place Their Bets

In other news, insider Balaji Purushothaman sold 12,800 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total value of $2,163,072.00. Following the completion of the sale, the insider now owns 11,566 shares of the company's stock, valued at $1,954,538.34. This represents a 52.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of Procter & Gamble stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total transaction of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares in the company, valued at $7,189,463.68. The trade was a 54.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 75,439 shares of company stock valued at $13,317,460 over the last quarter. Company insiders own 0.18% of the company's stock.

Procter & Gamble Price Performance

PG stock traded up $0.85 during trading on Monday, hitting $161.35. The stock had a trading volume of 7,218,206 shares, compared to its average volume of 5,628,331. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The stock has a market cap of $379.98 billion, a price-to-earnings ratio of 27.82, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45. The company's 50 day moving average price is $169.19 and its two-hundred day moving average price is $169.46. The Procter & Gamble Company has a 1-year low of $146.28 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.90 by $0.03. The company had revenue of $21.74 billion during the quarter, compared to analysts' expectations of $21.99 billion. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The firm's revenue was down .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.83 EPS. On average, sell-side analysts forecast that The Procter & Gamble Company will post 6.93 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Friday, January 24th. Procter & Gamble's dividend payout ratio (DPR) is 69.48%.

About Procter & Gamble

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.