The Procter & Gamble Company (NYSE:PG) Shares Sold by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. decreased its stake in The Procter & Gamble Company (NYSE:PG) by 6.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,066 shares of the company’s stock after selling 143 shares during the period. Yoder Wealth Management Inc.’s holdings in Procter & Gamble were worth $335,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Advantage Trust Co acquired a new position in Procter & Gamble during the 4th quarter worth approximately $28,000. Wyrmwood Management LLC acquired a new stake in Procter & Gamble during the 4th quarter valued at $29,000. Naples Money Management LLC purchased a new stake in Procter & Gamble during the 4th quarter worth $29,000. Transcendent Capital Group LLC acquired a new position in Procter & Gamble in the 4th quarter worth $31,000. Finally, Criterion Capital Advisors LLC purchased a new position in Procter & Gamble in the 4th quarter valued at about $33,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the subject of a number of recent analyst reports. StockNews.com upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Tuesday, June 25th. Jefferies Financial Group raised their price objective on shares of Procter & Gamble from $175.00 to $182.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Barclays upped their target price on shares of Procter & Gamble from $168.00 to $170.00 and gave the company an “overweight” rating in a research note on Tuesday, April 23rd. Truist Financial upgraded Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price target for the stock from $160.00 to $175.00 in a research note on Monday, March 11th. Finally, BNP Paribas began coverage on Procter & Gamble in a research note on Monday, June 24th. They set an “outperform” rating and a $187.00 price objective on the stock. Six research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $170.72.

Procter & Gamble Stock Down 0.1 %

PG stock opened at $163.76 on Thursday. The company has a quick ratio of 0.48, a current ratio of 0.69 and a debt-to-equity ratio of 0.49. The firm’s 50-day simple moving average is $165.70 and its 200 day simple moving average is $159.15. The stock has a market cap of $386.50 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 3.13 and a beta of 0.41. The Procter & Gamble Company has a fifty-two week low of $141.45 and a fifty-two week high of $169.41.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.10. Procter & Gamble had a return on equity of 33.91% and a net margin of 18.00%. The business had revenue of $20.20 billion during the quarter, compared to the consensus estimate of $20.43 billion. During the same period in the previous year, the firm posted $1.37 earnings per share. The business’s revenue was up .6% on a year-over-year basis. As a group, sell-side analysts predict that The Procter & Gamble Company will post 6.55 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 15th. Investors of record on Friday, April 19th were given a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date of this dividend was Thursday, April 18th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $0.94. Procter & Gamble’s dividend payout ratio is currently 65.69%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $166.95, for a total value of $5,329,711.80. Following the completion of the sale, the chief executive officer now directly owns 19,042 shares in the company, valued at $3,179,061.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Procter & Gamble news, CEO Sundar G. Raman sold 31,924 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $166.95, for a total value of $5,329,711.80. Following the completion of the sale, the chief executive officer now directly owns 19,042 shares of the company’s stock, valued at approximately $3,179,061.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Moses Victor Javier Aguilar sold 9,149 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $167.72, for a total transaction of $1,534,470.28. Following the completion of the sale, the insider now owns 12,929 shares in the company, valued at $2,168,451.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 154,544 shares of company stock worth $25,413,051. 0.17% of the stock is owned by corporate insiders.

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.