The Procter & Gamble Company (NYSE:PG) Shares Acquired by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC increased its stake in shares of The Procter & Gamble Company (NYSE:PG) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,346 shares of the company’s stock after acquiring an additional 1,176 shares during the period. Aaron Wealth Advisors LLC’s holdings in Procter & Gamble were worth $2,740,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of PG. Sandy Cove Advisors LLC boosted its stake in shares of Procter & Gamble by 4.3% during the 4th quarter. Sandy Cove Advisors LLC now owns 4,704 shares of the company’s stock worth $789,000 after acquiring an additional 193 shares in the last quarter. Wealth Alliance Advisory Group LLC raised its holdings in Procter & Gamble by 2.0% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 18,099 shares of the company’s stock worth $3,034,000 after purchasing an additional 354 shares during the period. Astoria Portfolio Advisors LLC. boosted its position in Procter & Gamble by 5.4% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 8,090 shares of the company’s stock worth $1,292,000 after purchasing an additional 418 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in Procter & Gamble by 26.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 46,961 shares of the company’s stock valued at $7,873,000 after purchasing an additional 9,719 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of Procter & Gamble by 3.3% during the 4th quarter. HB Wealth Management LLC now owns 216,593 shares of the company’s stock worth $36,312,000 after buying an additional 6,926 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $172.73, for a total value of $2,210,944.00. Following the sale, the insider now owns 11,595 shares of the company’s stock, valued at $2,002,804.35. The trade was a 52.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary A. Coombe sold 47,847 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the transaction, the chief executive officer now owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. This represents a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 75,439 shares of company stock valued at $13,317,460 over the last 90 days. 0.18% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $161.35 on Monday. The firm has a 50 day simple moving average of $169.19 and a 200-day simple moving average of $169.42. The stock has a market cap of $379.98 billion, a price-to-earnings ratio of 27.82, a price-to-earnings-growth ratio of 3.41 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.75 and a quick ratio of 0.55. The Procter & Gamble Company has a 1-year low of $146.28 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 18th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The company had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.99 billion. During the same quarter last year, the firm earned $1.83 earnings per share. The firm’s quarterly revenue was down .6% compared to the same quarter last year. On average, analysts expect that The Procter & Gamble Company will post 6.93 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 24th will be given a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date is Friday, January 24th. Procter & Gamble’s payout ratio is 69.31%.

Analyst Ratings Changes

Several brokerages recently commented on PG. DA Davidson reissued a “buy” rating and issued a $209.00 price target on shares of Procter & Gamble in a report on Friday, December 27th. Barclays cut their target price on shares of Procter & Gamble from $163.00 to $155.00 and set an “equal weight” rating for the company in a research note on Friday. Piper Sandler began coverage on shares of Procter & Gamble in a research note on Tuesday, September 24th. They issued a “neutral” rating and a $174.00 price target on the stock. Stifel Nicolaus cut their price objective on Procter & Gamble from $167.00 to $161.00 and set a “hold” rating for the company in a research note on Friday. Finally, Morgan Stanley raised their target price on Procter & Gamble from $174.00 to $191.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $179.65.

Procter & Gamble 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.