The Procter & Gamble Company (NYSE:PG) Shares Acquired by Signaturefd LLC

Signaturefd LLC grew its holdings in The Procter & Gamble Company (NYSE:PG) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,609 shares of the company’s stock after purchasing an additional 938 shares during the quarter. Signaturefd LLC’s holdings in Procter & Gamble were worth $10,832,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Parallel Advisors LLC grew its holdings in shares of Procter & Gamble by 0.6% in the fourth quarter. Parallel Advisors LLC now owns 64,257 shares of the company’s stock valued at $10,773,000 after purchasing an additional 402 shares in the last quarter. Cibc World Markets Corp boosted its stake in shares of Procter & Gamble by 6.8% during the 4th quarter. Cibc World Markets Corp now owns 1,002,811 shares of the company’s stock worth $168,121,000 after acquiring an additional 63,869 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of Procter & Gamble by 25.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 15,239 shares of the company’s stock worth $2,555,000 after acquiring an additional 3,105 shares during the last quarter. Atlanta Consulting Group Advisors LLC raised its holdings in Procter & Gamble by 0.6% in the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 18,108 shares of the company’s stock valued at $3,036,000 after acquiring an additional 105 shares during the last quarter. Finally, Rockport Wealth LLC boosted its position in shares of Procter & Gamble by 4.8% in the fourth quarter. Rockport Wealth LLC now owns 3,186 shares of the company’s stock worth $535,000 after acquiring an additional 147 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Procter & Gamble news, 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 transaction, the insider now owns 172,814 shares of the company’s stock, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the completion of the transaction, the chief executive officer now owns 22,051 shares in the company, valued at approximately $3,785,274.66. The trade was a 44.94 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 143,450 shares of company stock valued at $23,988,008. Corporate insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PG shares. Stifel Nicolaus raised their target price on shares of Procter & Gamble from $161.00 to $165.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Wells Fargo & Company upped their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. DA Davidson reaffirmed a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. UBS Group reissued a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Finally, Piper Sandler reduced their price objective on Procter & Gamble from $173.00 to $172.00 and set a “neutral” rating for the company in a research note on Monday, February 24th. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.47.

Procter & Gamble Stock Down 0.2 %

PG stock opened at $168.20 on Monday. The stock has a market capitalization of $394.39 billion, a P/E ratio of 26.78, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $167.27 and a 200-day moving average price of $169.81. The Procter & Gamble Company has a 12 month low of $153.52 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. During the same quarter in the previous year, the company earned $1.84 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, equities research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend was Friday, January 24th. Procter & Gamble’s dividend payout ratio (DPR) is 64.01%.

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.