Y.D. More Investments Ltd Has $328,000 Holdings in Procter & Gamble Company (The) $PG

Y.D. More Investments Ltd cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 86.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,291 shares of the company’s stock after selling 14,959 shares during the period. Y.D. More Investments Ltd’s holdings in Procter & Gamble were worth $328,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Management Associates Inc raised its position in shares of Procter & Gamble by 23.8% during the fourth quarter. Capital Management Associates Inc now owns 4,478 shares of the company’s stock valued at $647,000 after buying an additional 860 shares during the last quarter. AJ Advisors LLC grew its position in Procter & Gamble by 9.0% during the fourth quarter. AJ Advisors LLC now owns 1,744 shares of the company’s stock worth $250,000 after buying an additional 144 shares in the last quarter. Buffalo Business & Estate Services Ltd. bought a new position in Procter & Gamble during the fourth quarter valued at about $224,000. Leo Wealth LLC increased its stake in Procter & Gamble by 92.1% during the fourth quarter. Leo Wealth LLC now owns 13,847 shares of the company’s stock valued at $1,984,000 after acquiring an additional 6,637 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC raised its holdings in Procter & Gamble by 1.3% in the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 8,732 shares of the company’s stock valued at $1,251,000 after acquiring an additional 115 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.3%

Shares of PG opened at $142.74 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The stock has a market cap of $331.73 billion, a PE ratio of 21.15, a PEG ratio of 5.04 and a beta of 0.41. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $171.65. The stock has a 50 day simple moving average of $153.43 and a 200-day simple moving average of $149.46.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, January 23rd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same quarter in the previous year, the firm earned $1.88 EPS. Procter & Gamble’s quarterly revenue was up 1.5% on a year-over-year basis. On average, sell-side analysts predict that 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 17th. Stockholders of record on Friday, January 23rd were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 62.52%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the sale, the chairman directly owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Susan Street Whaley sold 1,809 shares of Procter & Gamble stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total transaction of $288,463.14. Following the completion of the transaction, the insider owned 30,215 shares of the company’s stock, valued at $4,818,083.90. This trade represents a 5.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 348,618 shares of company stock worth $55,462,643 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on PG shares. BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and upped their target price for the company from $157.00 to $165.00 in a research note on Friday, January 23rd. Piper Sandler assumed coverage on Procter & Gamble in a research report on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 target price for the company. Barclays set a $155.00 price target on shares of Procter & Gamble in a report on Friday, January 16th. Finally, TD Cowen dropped their price objective on shares of Procter & Gamble from $156.00 to $142.00 and set a “hold” rating for the company in a research note on Wednesday, April 1st. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.06.

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.