Natural Investments LLC purchased a new position in The Procter & Gamble Company (NYSE:PG – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,652 shares of the company’s stock, valued at approximately $2,121,000.
Other large investors also recently bought and sold shares of the company. NewSquare Capital LLC increased its position in Procter & Gamble by 933.3% during the fourth quarter. NewSquare Capital LLC now owns 155 shares of the company’s stock valued at $26,000 after acquiring an additional 140 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of Procter & Gamble in the third quarter worth about $33,000. Noble Wealth Management PBC bought a new position in shares of Procter & Gamble in the fourth quarter worth about $39,000. Bay Harbor Wealth Management LLC grew its holdings in shares of Procter & Gamble by 972.0% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 268 shares of the company’s stock worth $45,000 after purchasing an additional 243 shares during the last quarter. Finally, New Wave Wealth Advisors LLC bought a new position in shares of Procter & Gamble in the fourth quarter worth about $46,000. Institutional investors own 65.77% of the company’s stock.
Insider Buying and Selling at Procter & Gamble
In other news, CEO Gary A. Coombe sold 35,000 shares of the company’s stock in a transaction on Friday, February 28th. The stock was 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. This represents a 61.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marc S. Pritchard sold 90,450 shares of the company’s stock in a transaction 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 in the company, valued at $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. Over the last 90 days, insiders have sold 143,450 shares of company stock valued at $23,988,008. Insiders own 0.18% of the company’s stock.
Analyst Ratings Changes
Get Our Latest Report on Procter & Gamble
Procter & Gamble Trading Up 0.1 %
Shares of PG stock opened at $176.14 on Tuesday. The business’s fifty day moving average price is $167.03 and its 200 day moving average price is $169.81. The Procter & Gamble Company has a 1-year low of $153.52 and a 1-year high of $180.43. The firm has a market capitalization of $413.02 billion, a PE ratio of 28.05, a P/E/G ratio of 3.76 and a beta of 0.41. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55.
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, beating the consensus estimate 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 return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.84 earnings per share. As a group, sell-side analysts forecast that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a yield of 2.29%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is 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.
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