Capital International Investors lifted its holdings in shares of The Procter & Gamble Company (NYSE:PG – Free Report) by 0.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,499,821 shares of the company’s stock after purchasing an additional 1,418 shares during the quarter. Capital International Investors owned approximately 0.23% of Procter & Gamble worth $892,346,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of PG. Advantage Trust Co acquired a new position in Procter & Gamble during the fourth quarter valued at approximately $28,000. Naples Money Management LLC bought a new position in Procter & Gamble in the 4th quarter worth $29,000. Ruedi Wealth Management Inc. lifted its position in Procter & Gamble by 64.7% during the 1st quarter. Ruedi Wealth Management Inc. now owns 196 shares of the company’s stock worth $32,000 after acquiring an additional 77 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in Procter & Gamble during the fourth quarter valued at about $31,000. Finally, MeadowBrook Investment Advisors LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Insiders Place Their Bets
In other news, COO Shailesh Jejurikar sold 31,000 shares of the business’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $162.90, for a total transaction of $5,049,900.00. Following the completion of the sale, the chief operating officer now owns 9,739 shares in the company, valued at $1,586,483.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Sundar G. Raman sold 31,924 shares of Procter & Gamble stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $166.95, for a total transaction of $5,329,711.80. Following the transaction, the chief executive officer now owns 19,042 shares of the company’s stock, valued at approximately $3,179,061.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Shailesh Jejurikar sold 31,000 shares of Procter & Gamble stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $162.90, for a total transaction of $5,049,900.00. Following the transaction, the chief operating officer now directly owns 9,739 shares in the company, valued at $1,586,483.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 125,320 shares of company stock valued at $20,696,223. Insiders own 0.17% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Report on PG
Procter & Gamble Price Performance
Shares of NYSE:PG traded up $2.25 during trading on Friday, reaching $169.15. The stock had a trading volume of 5,580,981 shares, compared to its average volume of 6,492,430. The business’s 50-day moving average price is $166.40 and its 200 day moving average price is $161.51. The Procter & Gamble Company has a 52 week low of $141.45 and a 52 week high of $170.92. The stock has a market capitalization of $399.22 billion, a PE ratio of 27.64, a P/E/G ratio of 3.15 and a beta of 0.41. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.69 and a quick ratio of 0.48.
Procter & Gamble Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Friday, July 19th will be paid a $1.0065 dividend. The ex-dividend date of this dividend is Friday, July 19th. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.38%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.85%.
Procter & Gamble 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.
Featured Stories
- Five stocks we like better than Procter & Gamble
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- What is a Stock Market Index and How Do You Use Them?
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- Investing in the High PE Growth Stocks
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.