Moisand Fitzgerald Tamayo LLC Acquires 182 Shares of The Procter & Gamble Company (NYSE:PG)

Moisand Fitzgerald Tamayo LLC lifted its holdings in shares of The Procter & Gamble Company (NYSE:PG) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,583 shares of the company’s stock after acquiring an additional 182 shares during the period. Moisand Fitzgerald Tamayo LLC’s holdings in Procter & Gamble were worth $525,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Wyrmwood Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $29,000. Itau Unibanco Holding S.A. purchased a new stake in Procter & Gamble in the 2nd quarter worth approximately $50,000. CGC Financial Services LLC purchased a new stake in Procter & Gamble in the 2nd quarter worth approximately $55,000. VitalStone Financial LLC purchased a new stake in Procter & Gamble in the 2nd quarter worth approximately $60,000. Finally, RVW Wealth LLC purchased a new stake in Procter & Gamble in the 3rd quarter worth approximately $77,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Susan Street Whaley sold 3,865 shares of the stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total value of $620,719.00. Following the completion of the transaction, the insider now directly owns 11,886 shares of the company’s stock, valued at approximately $1,908,891.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Marc S. Pritchard sold 101,704 shares of the firm’s stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the sale, the insider now owns 163,428 shares of the company’s stock, valued at approximately $25,097,637.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Susan Street Whaley sold 3,865 shares of Procter & Gamble stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the completion of the sale, the insider now directly owns 11,886 shares in the company, valued at approximately $1,908,891.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 279,063 shares of company stock worth $43,187,745. Corporate insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PG shares. The Goldman Sachs Group assumed coverage on shares of Procter & Gamble in a research report on Friday, March 1st. They set a “neutral” rating and a $168.00 price objective on the stock. StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. JPMorgan Chase & Co. decreased their target price on shares of Procter & Gamble from $169.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday, January 18th. Wells Fargo & Company lifted their target price on shares of Procter & Gamble from $162.00 to $170.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. Finally, Truist Financial raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and boosted their price objective for the company from $160.00 to $175.00 in a report on Monday, March 11th. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $168.41.

Procter & Gamble Trading Down 0.2 %

Shares of NYSE PG traded down $0.29 during mid-day trading on Thursday, reaching $162.32. The company had a trading volume of 3,365,834 shares, compared to its average volume of 6,844,717. The business’s 50-day moving average is $158.17 and its 200-day moving average is $152.09. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.48. The stock has a market cap of $381.94 billion, a price-to-earnings ratio of 27.18, a price-to-earnings-growth ratio of 3.28 and a beta of 0.44. The Procter & Gamble Company has a 52 week low of $141.45 and a 52 week high of $163.14.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, January 23rd. The company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.14. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The firm had revenue of $21.44 billion for the quarter, compared to analysts’ expectations of $21.48 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Equities analysts expect that The Procter & Gamble Company will post 6.45 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Friday, January 19th were issued a $0.9407 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend was Thursday, January 18th. Procter & Gamble’s dividend payout ratio is currently 62.98%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.