Procter & Gamble Company (The) $PG Shares Acquired by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,340 shares of the company’s stock after buying an additional 3,819 shares during the quarter. Procter & Gamble accounts for approximately 1.7% of M. Kulyk & Associates LLC’s holdings, making the stock its 20th biggest holding. M. Kulyk & Associates LLC’s holdings in Procter & Gamble were worth $8,791,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Czech National Bank increased its holdings in Procter & Gamble by 3.8% during the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock worth $91,409,000 after purchasing an additional 21,825 shares during the last quarter. Westerkirk Capital Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth approximately $4,796,000. Vega Investment Solutions increased its stake in shares of Procter & Gamble by 1.3% in the second quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after buying an additional 8,500 shares during the last quarter. Triodos Investment Management BV increased its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock worth $39,195,000 after buying an additional 17,400 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in Procter & Gamble in the second quarter valued at $7,891,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Trading Down 0.3%

Procter & Gamble stock opened at $144.41 on Monday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $174.80. The firm’s 50-day moving average is $154.07 and its 200-day moving average is $150.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The company has a market cap of $335.61 billion, a P/E ratio of 21.39, a PEG ratio of 4.82 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.88 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is 62.52%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Piper Sandler began coverage on Procter & Gamble in a research note on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 price target for the company. UBS Group boosted their price objective on Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and upped their price objective for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $168.33.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 15,169 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the sale, the insider owned 30,215 shares in the company, valued at $4,818,083.90. The trade was a 5.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 348,618 shares of company stock worth $55,462,643. Corporate insiders own 0.20% of the company’s stock.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.