Roman Butler Fullerton & Co. Has $4.14 Million Stake in The Procter & Gamble Company (NYSE:PG)

Roman Butler Fullerton & Co. increased its position in The Procter & Gamble Company (NYSE:PG) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,541 shares of the company’s stock after purchasing an additional 199 shares during the period. Procter & Gamble makes up 1.6% of Roman Butler Fullerton & Co.’s investment portfolio, making the stock its 10th largest holding. Roman Butler Fullerton & Co.’s holdings in Procter & Gamble were worth $4,144,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Flossbach Von Storch AG grew its stake in Procter & Gamble by 7.9% during the fourth quarter. Flossbach Von Storch AG now owns 4,561,091 shares of the company’s stock valued at $668,382,000 after acquiring an additional 333,502 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Procter & Gamble by 4.0% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 55,010 shares of the company’s stock worth $8,061,000 after acquiring an additional 2,116 shares during the period. Daiwa Securities Group Inc. lifted its position in Procter & Gamble by 4.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 313,409 shares of the company’s stock valued at $45,926,000 after purchasing an additional 13,711 shares during the period. Oakworth Capital Inc. raised its position in shares of Procter & Gamble by 17.2% in the fourth quarter. Oakworth Capital Inc. now owns 15,865 shares of the company’s stock worth $2,325,000 after acquiring an additional 2,323 shares during the period. Finally, Archer Investment Corp boosted its holdings in Procter & Gamble by 14.6% in the 4th quarter. Archer Investment Corp now owns 8,035 shares of the company’s stock worth $1,177,000 after buying an additional 1,022 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Gary A. Coombe sold 22,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $161.32, for a total value of $3,549,040.00. Following the completion of the transaction, the chief executive officer now owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Gary A. Coombe sold 22,000 shares of the firm’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $161.32, for a total transaction of $3,549,040.00. Following the completion of the transaction, the chief executive officer now directly owns 36,845 shares in the company, valued at approximately $5,943,835.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan Street Whaley sold 3,865 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the completion of the sale, the insider now directly owns 11,886 shares in the company, valued at approximately $1,908,891.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 279,063 shares of company stock valued at $43,187,745. Company insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PG shares. StockNews.com cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. Stifel Nicolaus lifted their price target on Procter & Gamble from $155.00 to $157.00 and gave the company a “hold” rating in a report on Wednesday, January 24th. Raymond James lifted their target price on Procter & Gamble from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 24th. Truist Financial upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and boosted their target price for the company from $160.00 to $175.00 in a research note on Monday, March 11th. Finally, UBS Group increased their price objective on Procter & Gamble from $172.00 to $178.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $168.53.

Procter & Gamble Trading Up 0.3 %

PG stock traded up $0.54 on Thursday, reaching $156.49. The company’s stock had a trading volume of 1,042,357 shares, compared to its average volume of 6,770,001. The business has a fifty day simple moving average of $159.16 and a two-hundred day simple moving average of $152.80. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.44 and a current ratio of 0.64. The firm has a market cap of $368.22 billion, a PE ratio of 26.29, a PEG ratio of 3.19 and a beta of 0.44. The Procter & Gamble Company has a 12-month low of $141.45 and a 12-month high of $163.14.

Procter & Gamble (NYSE:PG) last posted its earnings results on Tuesday, January 23rd. The company reported $1.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.14. The business had revenue of $21.44 billion for the quarter, compared to analysts’ expectations of $21.48 billion. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.59 EPS. As a group, research analysts forecast that The Procter & Gamble Company will post 6.45 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be issued a $1.0065 dividend. This represents a $4.03 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s dividend payout ratio (DPR) is 62.98%.

Procter & Gamble Company 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.