The Procter & Gamble Company (NYSE:PG) Shares Purchased by Sunflower Bank N.A.

Sunflower Bank N.A. raised its stake in The Procter & Gamble Company (NYSE:PG) by 0.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,594 shares of the company’s stock after buying an additional 389 shares during the period. Procter & Gamble makes up approximately 5.1% of Sunflower Bank N.A.’s holdings, making the stock its 6th largest holding. Sunflower Bank N.A.’s holdings in Procter & Gamble were worth $18,373,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Elevated Capital Advisors LLC grew its position in shares of Procter & Gamble by 46.0% in the fourth quarter. Elevated Capital Advisors LLC now owns 7,070 shares of the company’s stock valued at $1,185,000 after purchasing an additional 2,228 shares during the last quarter. Abound Wealth Management lifted its stake in Procter & Gamble by 113.7% in the 4th quarter. Abound Wealth Management now owns 4,197 shares of the company’s stock valued at $704,000 after buying an additional 2,233 shares in the last quarter. Sivia Capital Partners LLC increased its position in Procter & Gamble by 5.7% during the fourth quarter. Sivia Capital Partners LLC now owns 5,503 shares of the company’s stock worth $923,000 after buying an additional 299 shares in the last quarter. Enterprise Bank & Trust Co raised its holdings in shares of Procter & Gamble by 1.7% in the fourth quarter. Enterprise Bank & Trust Co now owns 10,965 shares of the company’s stock worth $1,838,000 after acquiring an additional 178 shares during the last quarter. Finally, Clean Yield Group lifted its position in shares of Procter & Gamble by 0.4% in the fourth quarter. Clean Yield Group now owns 19,098 shares of the company’s stock valued at $3,202,000 after acquiring an additional 83 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on PG shares. Barclays downgraded shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price for the company. in a research note on Monday, September 30th. DA Davidson reiterated a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a report on Friday, December 27th. Piper Sandler initiated coverage on Procter & Gamble in a research note on Tuesday, September 24th. They issued a “neutral” rating and a $174.00 price target on the stock. Evercore ISI upped their price objective on shares of Procter & Gamble from $180.00 to $183.00 and gave the company an “outperform” rating in a research note on Monday, October 21st. Finally, Morgan Stanley raised their target price on shares of Procter & Gamble from $174.00 to $191.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Eight investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $179.75.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO R. Alexandra Keith sold 1,992 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $170.00, for a total transaction of $338,640.00. Following the sale, the chief executive officer now directly owns 13,783 shares in the company, valued at $2,343,110. The trade was a 12.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $179.84, for a total value of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. This trade represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,439 shares of company stock valued at $13,317,460. 0.18% of the stock is currently owned by insiders.

Procter & Gamble Stock Up 0.2 %

NYSE PG opened at $158.86 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a fifty-two week low of $146.28 and a fifty-two week high of $180.43. The business has a 50 day moving average price of $169.52 and a two-hundred day moving average price of $169.55. The stock has a market cap of $374.12 billion, a PE ratio of 27.39, a P/E/G ratio of 3.70 and a beta of 0.45.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 18th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.03. Procter & Gamble had a net margin of 17.07% and a return on equity of 33.25%. The business had revenue of $21.74 billion during the quarter, compared to the consensus estimate of $21.99 billion. During the same period in the prior year, the firm earned $1.83 earnings per share. The business’s quarterly revenue was down .6% compared to the same quarter last year. As a group, sell-side analysts predict that The Procter & Gamble Company will post 6.94 EPS for the current fiscal year.

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.