Mosaic Family Wealth Partners LLC Purchases 135 Shares of Procter & Gamble Company (The) (NYSE:PG)

Mosaic Family Wealth Partners LLC raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,834 shares of the company’s stock after acquiring an additional 135 shares during the quarter. Mosaic Family Wealth Partners LLC’s holdings in Procter & Gamble were worth $1,506,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Norges Bank acquired a new stake in Procter & Gamble in the fourth quarter worth $5,244,463,000. GAMMA Investing LLC grew its stake in shares of Procter & Gamble by 20,758.5% in the 1st quarter. GAMMA Investing LLC now owns 7,951,456 shares of the company’s stock valued at $1,355,087,000 after buying an additional 7,913,335 shares during the period. Capital Research Global Investors increased its position in Procter & Gamble by 62.5% in the 4th quarter. Capital Research Global Investors now owns 7,398,120 shares of the company’s stock valued at $1,240,294,000 after buying an additional 2,846,560 shares in the last quarter. Northern Trust Corp raised its stake in Procter & Gamble by 10.1% during the 4th quarter. Northern Trust Corp now owns 29,395,208 shares of the company’s stock worth $4,928,107,000 after buying an additional 2,703,757 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Procter & Gamble by 15.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,274,563 shares of the company’s stock worth $2,728,430,000 after acquiring an additional 2,224,912 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PG. Redburn Atlantic lowered Procter & Gamble from a “buy” rating to a “neutral” rating and set a $161.00 target price on the stock. in a research report on Thursday, May 1st. Truist Financial dropped their price objective on shares of Procter & Gamble from $185.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. Morgan Stanley set a $180.00 price objective on shares of Procter & Gamble and gave the company an “overweight” rating in a report on Friday, April 25th. Royal Bank Of Canada upgraded shares of Procter & Gamble from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $164.00 to $177.00 in a report on Friday, April 25th. Finally, Raymond James Financial cut their price target on Procter & Gamble from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Friday, April 25th. Nine investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $177.45.

Insider Transactions at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 10,520 shares of the business’s stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $158.67, for a total transaction of $1,669,208.40. Following the completion of the transaction, the insider owned 25,182 shares of the company’s stock, valued at approximately $3,995,627.94. The trade was a 29.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the firm’s stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total transaction of $161,380.00. Following the completion of the transaction, the chief executive officer directly owned 51,965 shares of the company’s stock, valued at approximately $8,386,111.70. The trade was a 1.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $153.80 on Tuesday. The firm has a market capitalization of $360.59 billion, a PE ratio of 24.41, a P/E/G ratio of 4.47 and a beta of 0.40. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47. The company has a 50-day moving average price of $161.67 and a two-hundred day moving average price of $164.77. Procter & Gamble Company has a twelve month low of $152.86 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Procter & Gamble had a net margin of 18.46% and a return on equity of 32.67%. The business had revenue of $19.78 billion during the quarter, compared to analyst estimates of $20.42 billion. During the same period in the previous year, the business earned $1.52 EPS. Procter & Gamble’s revenue was down 2.1% compared to the same quarter last year. Equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 18th will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.75%. The ex-dividend date is Friday, July 18th. Procter & Gamble’s dividend payout ratio is presently 66.98%.

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.