12,652 Shares in The Procter & Gamble Company (NYSE:PG) Bought by Natural Investments LLC

Natural Investments LLC acquired a new stake in The Procter & Gamble Company (NYSE:PG - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 12,652 shares of the company's stock, valued at approximately $2,121,000.

A number of other hedge funds have also bought and sold shares of PG. Geode Capital Management LLC grew its position in Procter & Gamble by 7.0% during the third quarter. Geode Capital Management LLC now owns 55,204,776 shares of the company's stock worth $9,538,327,000 after buying an additional 3,619,466 shares in the last quarter. FMR LLC raised its stake in Procter & Gamble by 2.7% in the third quarter. FMR LLC now owns 26,556,319 shares of the company's stock valued at $4,599,554,000 after purchasing an additional 689,282 shares in the last quarter. Franklin Resources Inc. grew its position in Procter & Gamble by 10.2% in the third quarter. Franklin Resources Inc. now owns 18,988,721 shares of the company's stock worth $3,290,573,000 after acquiring an additional 1,760,214 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Procter & Gamble by 1.7% during the 4th quarter. Fisher Asset Management LLC now owns 18,692,813 shares of the company's stock valued at $3,133,850,000 after buying an additional 312,203 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Procter & Gamble by 2.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 16,881,907 shares of the company's stock worth $2,830,252,000 after acquiring an additional 459,437 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the business's stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $163.84, for a total value of $14,819,328.00. Following the sale, the insider now owns 172,814 shares in the company, valued at $28,313,845.76. The trade was a 34.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 35,000 shares of the firm's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $173.68, for a total value of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at approximately $3,829,817.68. The trade was 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 90 days. Company insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on PG. Wells Fargo & Company increased their target price on Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a research note on Thursday, January 16th. Stifel Nicolaus boosted their price objective 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. Piper Sandler reduced their price target on Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating for the company in a report on Monday, February 24th. 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 analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $181.47.

Procter & Gamble Stock Performance

NYSE:PG traded down $0.40 during mid-day trading on Friday, hitting $168.20. 6,790,506 shares of the company traded hands, compared to its average volume of 6,432,840. The stock's fifty day moving average price is $167.21 and its 200-day moving average price is $169.82. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43. The firm has a market cap of $394.39 billion, a price-to-earnings ratio of 26.78, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Wednesday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. The company had revenue of $21.88 billion during the quarter, compared to analyst estimates of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.84 EPS. Research analysts anticipate that The Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 24th were given a $1.0065 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $4.03 annualized dividend and a dividend yield of 2.39%. Procter & Gamble's payout ratio is 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.