Atria Wealth Solutions Inc. Grows Stock Position in The Procter & Gamble Company (NYSE:PG)

Atria Wealth Solutions Inc. grew its holdings in shares of The Procter & Gamble Company (NYSE:PGFree Report) by 0.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 152,468 shares of the company’s stock after purchasing an additional 400 shares during the period. Atria Wealth Solutions Inc.’s holdings in Procter & Gamble were worth $22,239,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Axiom Financial Strategies LLC boosted its stake in Procter & Gamble by 7.0% during the first quarter. Axiom Financial Strategies LLC now owns 1,728 shares of the company’s stock valued at $276,000 after buying an additional 113 shares in the last quarter. AMI Investment Management Inc. boosted its position in shares of Procter & Gamble by 7.2% in the 1st quarter. AMI Investment Management Inc. now owns 3,461 shares of the company’s stock valued at $529,000 after purchasing an additional 233 shares during the period. LSV Asset Management boosted its position in shares of Procter & Gamble by 5.7% in the 1st quarter. LSV Asset Management now owns 18,600 shares of the company’s stock valued at $2,842,000 after purchasing an additional 1,000 shares during the period. Ergoteles LLC acquired a new position in shares of Procter & Gamble in the 1st quarter valued at $3,073,000. Finally, Wsfs Capital Management LLC boosted its position in shares of Procter & Gamble by 12.0% in the 1st quarter. Wsfs Capital Management LLC now owns 4,256 shares of the company’s stock valued at $650,000 after purchasing an additional 455 shares during the period. 63.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In other news, CEO R. Alexandra Keith sold 19,661 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $153.47, for a total transaction of $3,017,373.67. Following the sale, the chief executive officer now directly owns 24,438 shares in the company, valued at $3,750,499.86. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 45,000 shares of the company’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $156.00, for a total value of $7,020,000.00. Following the sale, the chief executive officer now directly owns 973 shares in the company, valued at $151,788. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO R. Alexandra Keith sold 19,661 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $153.47, for a total value of $3,017,373.67. Following the completion of the sale, the chief executive officer now owns 24,438 shares in the company, valued at $3,750,499.86. The disclosure for this sale can be found here. Insiders sold a total of 278,658 shares of company stock worth $42,921,732 over the last three months. 0.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PG shares. Raymond James increased their price target on Procter & Gamble from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Sanford C. Bernstein decreased their price target on Procter & Gamble from $162.00 to $153.00 and set a “market perform” rating for the company in a research report on Thursday, October 12th. Barclays increased their price target on Procter & Gamble from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, January 25th. Wells Fargo & Company increased their price target on Procter & Gamble from $162.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, DZ Bank upgraded Procter & Gamble from a “sell” rating to a “hold” rating and set a $155.00 price objective for the company in a research report on Friday, October 20th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $167.06.

View Our Latest Report on Procter & Gamble

Procter & Gamble Stock Performance

PG traded up $0.21 on Monday, hitting $158.30. The company had a trading volume of 1,106,836 shares, compared to its average volume of 8,238,847. The company’s fifty day moving average price is $149.41 and its 200 day moving average price is $150.66. The Procter & Gamble Company has a 1-year low of $135.83 and a 1-year high of $159.60. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.44. The stock has a market cap of $372.48 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 3.23 and a beta of 0.45.

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

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, January 19th will be issued a dividend of $0.9407 per share. The ex-dividend date of this dividend is Thursday, January 18th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.38%. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.98%.

Procter & Gamble Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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