Natural Investments LLC Invests $2.12 Million in The Procter & Gamble Company (NYSE:PG)

Natural Investments LLC bought a new stake in The Procter & Gamble Company (NYSE:PG) in the fourth quarter, HoldingsChannel reports. The fund bought 12,652 shares of the company’s stock, valued at approximately $2,121,000.

Other large investors have also modified their holdings of the company. Avantax Planning Partners Inc. lifted its holdings in Procter & Gamble by 1.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 54,385 shares of the company’s stock worth $9,118,000 after buying an additional 895 shares during the last quarter. Cushing Capital Partners LLC bought a new stake in Procter & Gamble during the 4th quarter valued at $994,000. Inspire Advisors LLC raised its stake in Procter & Gamble by 7.1% during the 4th quarter. Inspire Advisors LLC now owns 1,973 shares of the company’s stock valued at $331,000 after acquiring an additional 131 shares in the last quarter. Founders Financial Alliance LLC raised its stake in Procter & Gamble by 1.8% during the 4th quarter. Founders Financial Alliance LLC now owns 11,101 shares of the company’s stock valued at $1,861,000 after acquiring an additional 192 shares in the last quarter. Finally, Cornerstone Advisors LLC increased its position in shares of Procter & Gamble by 1.0% during the 4th quarter. Cornerstone Advisors LLC now owns 133,400 shares of the company’s stock valued at $22,365,000 after purchasing an additional 1,300 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the stock in a transaction on Friday, February 28th. The stock was sold at an average price of $173.68, for a total value of $6,078,800.00. Following the transaction, the chief executive officer now directly owns 22,051 shares in the company, valued at approximately $3,829,817.68. This trade represents a 61.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction on Thursday, January 23rd. The stock was 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 in the company, valued at $28,313,845.76. This represents a 34.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 143,450 shares of company stock worth $23,988,008 in the last three months. Insiders own 0.18% of the company’s stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $176.14 on Tuesday. The business’s 50-day moving average price is $167.03 and its two-hundred day moving average price is $169.81. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The company has a market capitalization of $413.02 billion, a P/E ratio of 28.05, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41.

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

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were given a dividend of $1.0065 per share. The ex-dividend date was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.29%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.01%.

Wall Street Analyst Weigh In

PG has been the topic of several research analyst reports. Piper Sandler lowered their price target on Procter & Gamble from $173.00 to $172.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th. UBS Group reiterated a “buy” rating on shares of Procter & Gamble in a research report on Monday, February 10th. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $186.00 to $181.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. Barclays lifted their target price on Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a report on Thursday, January 23rd. Finally, Stifel Nicolaus lifted their target price on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $181.11.

Procter & Gamble Company Profile

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.