Cozad Asset Management Inc. Purchases 2,120 Shares of The Procter & Gamble Company (NYSE:PG)

Cozad Asset Management Inc. raised its position in The Procter & Gamble Company (NYSE:PG) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,468 shares of the company’s stock after purchasing an additional 2,120 shares during the period. Cozad Asset Management Inc.’s holdings in Procter & Gamble were worth $2,593,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. NewSquare Capital LLC lifted its holdings in shares of Procter & Gamble by 933.3% during the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company’s stock worth $26,000 after acquiring an additional 140 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter worth $33,000. LFA Lugano Financial Advisors SA bought a new stake in shares of Procter & Gamble during the 4th quarter worth $34,000. Noble Wealth Management PBC bought a new stake in shares of Procter & Gamble during the 4th quarter worth $39,000. Finally, Bay Harbor Wealth Management LLC lifted its holdings in shares of Procter & Gamble by 972.0% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 268 shares of the company’s stock worth $45,000 after acquiring an additional 243 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the firm’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total transaction of $14,819,328.00. Following the completion of the transaction, the insider now owns 172,814 shares of the company’s stock, valued at approximately $28,313,845.76. This trade represents a 34.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary A. Coombe sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the transaction, the chief executive officer now directly owns 22,051 shares of the company’s stock, valued at $3,829,817.68. This represents a 61.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 143,450 shares of company stock valued at $23,988,008 over the last three months. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on PG shares. Barclays lifted their price objective on shares of Procter & Gamble from $155.00 to $159.00 and gave the stock an “equal weight” rating in a report on Thursday, January 23rd. UBS Group reissued a “buy” rating on shares of Procter & Gamble in a research note on Monday, February 10th. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $176.00 to $180.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Stifel Nicolaus boosted their price target on shares of Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $164.00 price target on shares of Procter & Gamble in a research note on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $181.47.

Procter & Gamble Price Performance

PG stock opened at $168.20 on Monday. The firm’s 50-day moving average price is $167.27 and its two-hundred day moving average price is $169.81. The Procter & Gamble Company has a 12-month low of $153.52 and a 12-month high of $180.43. The stock has a market capitalization of $394.39 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 3.76 and a beta of 0.41. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

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 analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company had revenue of $21.88 billion during the quarter, compared to the consensus estimate of $21.66 billion. During the same period in the prior year, the firm earned $1.84 earnings per share. Procter & Gamble’s revenue was up 2.1% on a year-over-year basis. As a group, equities analysts predict that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were paid a $1.0065 dividend. This represents a $4.03 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date was Friday, January 24th. Procter & Gamble’s payout ratio is currently 64.01%.

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.