Sendero Wealth Administration LLC decreased its holdings in The Procter & Gamble Firm (NYSE:PG – Free Report) by 7.9% within the third quarter, Holdings Channel reviews. The institutional investor owned 15,385 shares of the corporate’s inventory after promoting 1,318 shares through the interval. Sendero Wealth Administration LLC’s holdings in Procter & Gamble had been price $2,665,000 on the finish of the latest quarter.
Different giant buyers have additionally modified their holdings of the corporate. Wulff Hansen & CO. elevated its place in Procter & Gamble by 16,292.0% through the 2nd quarter. Wulff Hansen & CO. now owns 3,675,902 shares of the corporate’s inventory price $606,230,000 after buying an extra 3,653,477 shares within the final quarter. TD Asset Administration Inc elevated its place in shares of Procter & Gamble by 114.9% within the first quarter. TD Asset Administration Inc now owns 3,568,671 shares of the corporate’s inventory price $579,017,000 after buying an extra 1,907,716 shares within the final quarter. AMF Tjanstepension AB raised its stake in shares of Procter & Gamble by 416.1% within the third quarter. AMF Tjanstepension AB now owns 1,818,490 shares of the corporate’s inventory valued at $315,016,000 after buying an extra 1,466,115 shares through the interval. Swedbank AB acquired a brand new place in shares of Procter & Gamble within the first quarter price about $233,788,000. Lastly, Ilex Capital Companions UK LLP bought a brand new place in Procter & Gamble within the first quarter valued at about $228,212,000. 65.77% of the inventory is presently owned by hedge funds and different institutional buyers.
Analyst Upgrades and Downgrades
A lot of analysis companies have not too long ago weighed in on PG. Citigroup raised their value goal on shares of Procter & Gamble from $177.00 to $190.00 and gave the inventory a “purchase” ranking in a analysis report on Wednesday, July tenth. Piper Sandler initiated protection on shares of Procter & Gamble in a analysis report on Tuesday, September twenty fourth. They issued a “impartial” ranking and a $174.00 goal value for the corporate. Stifel Nicolaus elevated their value goal on shares of Procter & Gamble from $157.00 to $161.00 and gave the inventory a “maintain” ranking in a analysis report on Monday, July twenty second. Dbs Financial institution reduce Procter & Gamble from a “strong-buy” ranking to a “maintain” ranking in a analysis word on Thursday, August 1st. Lastly, StockNews.com lowered shares of Procter & Gamble from a “purchase” ranking to a “maintain” ranking in a analysis word on Thursday, August 1st. Ten analysts have rated the inventory with a maintain ranking, twelve have given a purchase ranking and two have given a powerful purchase ranking to the corporate. In accordance with information from MarketBeat, Procter & Gamble presently has a consensus ranking of “Reasonable Purchase” and a consensus goal value of $175.05.
Examine Out Our Newest Inventory Report on PG
Insiders Place Their Bets
In different Procter & Gamble information, insider Susan Avenue Whaley bought 450 shares of Procter & Gamble inventory in a transaction that occurred on Tuesday, August twentieth. The inventory was bought at a mean value of $169.22, for a complete transaction of $76,149.00. Following the sale, the insider now straight owns 13,072 shares of the corporate’s inventory, valued at roughly $2,212,043.84. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed via this hyperlink. In associated information, insider Susan Avenue Whaley bought 450 shares of the inventory in a transaction dated Tuesday, August twentieth. The shares had been bought at a mean value of $169.22, for a complete transaction of $76,149.00. Following the completion of the sale, the insider now owns 13,072 shares within the firm, valued at $2,212,043.84. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible via the SEC web site. Additionally, insider Balaji Purushothaman bought 8,842 shares of the corporate’s inventory in a transaction dated Thursday, August 1st. The inventory was bought at a mean value of $164.90, for a complete transaction of $1,458,045.80. Following the sale, the insider now straight owns 11,537 shares within the firm, valued at $1,902,451.30. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Insiders have bought 383,194 shares of firm inventory price $65,140,718 during the last 90 days. Company insiders personal 0.17% of the corporate’s inventory.
Procter & Gamble Inventory Efficiency
Shares of Procter & Gamble inventory traded down $0.70 throughout buying and selling on Thursday, reaching $168.57. The corporate’s inventory had a buying and selling quantity of 1,792,494 shares, in comparison with its common quantity of 6,658,988. The enterprise’s fifty day transferring common value is $171.39 and its 200-day transferring common value is $166.65. The Procter & Gamble Firm has a one yr low of $141.66 and a one yr excessive of $177.94. The agency has a market cap of $397.85 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of three.73 and a beta of 0.41. The corporate has a debt-to-equity ratio of 0.51, a fast ratio of 0.53 and a present ratio of 0.73.
Procter & Gamble (NYSE:PG – Get Free Report) final issued its quarterly earnings outcomes on Tuesday, July thirtieth. The corporate reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.03. Procter & Gamble had a return on fairness of 33.46% and a internet margin of 17.71%. The corporate had income of $20.53 billion through the quarter, in comparison with analyst estimates of $20.69 billion. Throughout the identical interval within the earlier yr, the corporate earned $1.37 earnings per share. The corporate’s quarterly income was down .1% in comparison with the identical quarter final yr. As a gaggle, equities analysis analysts predict that The Procter & Gamble Firm will put up 6.97 earnings per share for the present yr.
Procter & Gamble Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which shall be paid on Friday, November fifteenth. Buyers of file on Friday, October 18th shall be paid a $1.0065 dividend. The ex-dividend date is Friday, October 18th. This represents a $4.03 dividend on an annualized foundation and a dividend yield of two.39%. Procter & Gamble’s payout ratio is 65.69%.
Procter & Gamble Profile
The Procter & Gamble Firm engages within the provision of branded client packaged items worldwide. The corporate operates via 5 segments: Magnificence; Grooming; Well being Care; Cloth & Residence Care; and Child, Female & Household Care. The Magnificence phase presents conditioners, shampoos, styling aids, and coverings underneath the Head & Shoulders, Natural Essences, Pantene, and Rejoice manufacturers; and antiperspirants and deodorants, private cleaning, and skincare merchandise underneath the Olay, Outdated Spice, Safeguard, Secret, SK-II, and Native manufacturers.
Learn Extra
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