Silvia Mccoll Wealth Management LLC Purchases 487 Shares of The Procter & Gamble Company (NYSE:PG)

Silvia Mccoll Wealth Management LLC lifted its position in The Procter & Gamble Company (NYSE:PG) by 11.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,883 shares of the company’s stock after acquiring an additional 487 shares during the quarter. Silvia Mccoll Wealth Management LLC’s holdings in Procter & Gamble were worth $768,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in PG. O ROURKE & COMPANY Inc increased its stake in Procter & Gamble by 2.4% in the 1st quarter. O ROURKE & COMPANY Inc now owns 5,442 shares of the company’s stock worth $883,000 after buying an additional 128 shares during the period. Talbot Financial LLC increased its stake in Procter & Gamble by 1.5% in the 1st quarter. Talbot Financial LLC now owns 65,600 shares of the company’s stock worth $10,644,000 after buying an additional 950 shares during the period. Miracle Mile Advisors LLC increased its stake in Procter & Gamble by 5.0% in the 1st quarter. Miracle Mile Advisors LLC now owns 62,312 shares of the company’s stock worth $10,110,000 after buying an additional 2,949 shares during the period. Kowal Investment Group LLC increased its stake in Procter & Gamble by 4.5% in the 1st quarter. Kowal Investment Group LLC now owns 15,106 shares of the company’s stock worth $2,451,000 after buying an additional 646 shares during the period. Finally, HFG Advisors Inc. increased its stake in Procter & Gamble by 12.5% in the 1st quarter. HFG Advisors Inc. now owns 18,103 shares of the company’s stock worth $2,937,000 after buying an additional 2,018 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Down 1.3 %

PG stock opened at $162.72 on Tuesday. The firm has a 50 day moving average of $165.60 and a 200 day moving average of $158.89. The stock has a market capitalization of $384.04 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 3.35 and a beta of 0.41. 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 Procter & Gamble Company has a 52 week low of $141.45 and a 52 week high of $169.41.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, April 19th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.10. The company had revenue of $20.20 billion during the quarter, compared to analysts’ expectations of $20.43 billion. Procter & Gamble had a net margin of 18.00% and a return on equity of 33.91%. Procter & Gamble’s revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the business earned $1.37 EPS. Sell-side analysts forecast that The Procter & Gamble Company will post 6.55 earnings per share 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 paid a $1.0065 dividend. The ex-dividend date was Thursday, April 18th. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. This represents a $4.03 dividend on an annualized basis and a yield of 2.47%. Procter & Gamble’s dividend payout ratio (DPR) is 65.85%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PG. Jefferies Financial Group raised their price target on shares of Procter & Gamble from $175.00 to $182.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Truist Financial raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and raised their target price for the company from $160.00 to $175.00 in a research report on Monday, March 11th. BNP Paribas began coverage on shares of Procter & Gamble in a research report on Monday, June 24th. They set an “outperform” rating and a $187.00 target price on the stock. StockNews.com raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Tuesday, June 25th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Procter & Gamble from $172.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Six analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $170.72.

Insider Buying and Selling

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

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.