Arlington Financial Advisors LLC Invests $274,000 in The Procter & Gamble Company (NYSE:PG)

Arlington Financial Advisors LLC bought a new position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund bought 1,608 shares of the company's stock, valued at approximately $274,000.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Union Bancaire Privee UBP SA purchased a new position in Procter & Gamble during the 4th quarter valued at about $50,049,000. Southern Capital Advisors LLC grew its holdings in Procter & Gamble by 0.3% during the 4th quarter. Southern Capital Advisors LLC now owns 22,395 shares of the company's stock valued at $3,755,000 after buying an additional 72 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new position in Procter & Gamble during the 4th quarter valued at about $46,000. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in Procter & Gamble by 5.6% during the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 35,095 shares of the company's stock valued at $5,884,000 after buying an additional 1,861 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total value of $161,380.00. Following the completion of the transaction, the chief executive officer now owns 51,965 shares in the company, valued at approximately $8,386,111.70. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $158.67, for a total value of $1,669,208.40. Following the completion of the transaction, the insider now owns 25,182 shares of the company's stock, valued at approximately $3,995,627.94. This trade represents a 29.47% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PG. Erste Group Bank lowered Procter & Gamble from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 30th. UBS Group reissued a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Bank of America dropped their target price on Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Citigroup dropped their target price on Procter & Gamble from $200.00 to $181.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Finally, Piper Sandler boosted their target price on Procter & Gamble from $160.00 to $164.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Eight equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and a consensus target price of $178.86.

Procter & Gamble Trading Down 1.8%

Shares of Procter & Gamble stock traded down $3.00 during midday trading on Thursday, reaching $162.95. 4,364,626 shares of the company's stock traded hands, compared to its average volume of 7,295,332. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. The company has a market cap of $382.04 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41. The stock has a 50 day moving average of $164.30 and a 200-day moving average of $167.37. The Procter & Gamble Company has a 12 month low of $156.58 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.01. The company had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. As a group, equities analysts expect that The Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Monday, April 21st. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio is currently 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.