The Procter & Gamble Company (NYSE:PG) is B. Metzler seel. Sohn & Co. AG’s 7th Largest Position

B. Metzler seel. Sohn & Co. AG cut its stake in shares of The Procter & Gamble Company (NYSE:PG) by 3.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,690,198 shares of the company’s stock after selling 53,177 shares during the period. Procter & Gamble comprises about 2.9% of B. Metzler seel. Sohn & Co. AG’s holdings, making the stock its 7th biggest holding. B. Metzler seel. Sohn & Co. AG’s holdings in Procter & Gamble were worth $283,100,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PG. NewSquare Capital LLC lifted its stake in Procter & Gamble by 933.3% in the 4th quarter. NewSquare Capital LLC now owns 155 shares of the company’s stock worth $26,000 after purchasing an additional 140 shares in the last quarter. Hoey Investments Inc. grew its holdings in Procter & Gamble by 321.7% in the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company’s stock valued at $33,000 after buying an additional 148 shares in the last quarter. LFA Lugano Financial Advisors SA purchased a new position in shares of Procter & Gamble during the 4th quarter worth $34,000. Atlantic Private Wealth LLC grew its holdings in shares of Procter & Gamble by 95.3% in the fourth quarter. Atlantic Private Wealth LLC now owns 207 shares of the company’s stock valued at $35,000 after purchasing an additional 101 shares during the period. Finally, Prudent Man Investment Management Inc. acquired a new stake in Procter & Gamble during the fourth quarter worth about $38,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PG has been the subject of several analyst reports. 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. Stifel Nicolaus raised their price objective on Procter & Gamble from $161.00 to $165.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. Piper Sandler dropped their price objective on shares of Procter & Gamble from $173.00 to $172.00 and set a “neutral” rating for the company in a report on Monday, February 24th. Barclays reissued an “equal weight” rating on shares of Procter & Gamble in a research report on Thursday. Finally, DA Davidson restated a “buy” rating and issued a $209.00 price objective on shares of Procter & Gamble in a report on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.82.

Insider Buying and Selling at Procter & Gamble

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

Procter & Gamble Stock Down 0.5 %

PG stock opened at $167.94 on Monday. The company’s 50-day moving average price is $168.60 and its 200 day moving average price is $169.31. The Procter & Gamble Company has a 52 week low of $153.52 and a 52 week high of $180.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The company has a market cap of $393.80 billion, a P/E ratio of 26.74, a P/E/G ratio of 3.76 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The company had revenue of $21.88 billion for the quarter, compared to the consensus estimate of $21.66 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.84 earnings per share. On average, research analysts expect that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 24th were paid a $1.0065 dividend. The ex-dividend date was Friday, January 24th. This represents a $4.03 annualized dividend and a yield of 2.40%. 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.