Procter & Gamble Company (The) (NYSE:PG) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 0.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 852,216 shares of the company's stock after selling 3,378 shares during the quarter. Brown Advisory Inc.'s holdings in Procter & Gamble were worth $145,235,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Navigoe LLC purchased a new stake in shares of Procter & Gamble in the 4th quarter worth $31,000. Capital A Wealth Management LLC bought a new position in shares of Procter & Gamble in the 4th quarter worth $31,000. Hoey Investments Inc. raised its position in shares of Procter & Gamble by 321.7% in the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after acquiring an additional 148 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new position in shares of Procter & Gamble in the 4th quarter worth $34,000. Finally, 10Elms LLP purchased a new stake in Procter & Gamble in the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PG shares. Barclays reiterated an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Truist Financial reduced their price objective on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Evercore ISI restated an "outperform" rating and issued a $190.00 price objective (up from $170.00) on shares of Procter & Gamble in a research note on Tuesday, June 3rd. Royal Bank Of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $164.00 to $177.00 in a research note on Friday, April 25th. Finally, Raymond James Financial reduced their price objective 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. Eight equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus price target of $178.45.

Procter & Gamble Trading Down 0.3%

NYSE PG traded down $0.53 on Wednesday, reaching $157.36. 18,769,238 shares of the company were exchanged, compared to its average volume of 7,578,583. The business's fifty day moving average price is $161.98 and its 200 day moving average price is $165.15. The stock has a market capitalization of $368.94 billion, a P/E ratio of 24.98, a price-to-earnings-growth ratio of 4.49 and a beta of 0.40. The company has a current ratio of 0.71, a quick ratio of 0.50 and a debt-to-equity ratio of 0.47. Procter & Gamble Company has a fifty-two week low of $155.98 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted 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 for the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.46%. The company's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 earnings per share. Analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, July 18th will be given a $1.0568 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.69%. Procter & Gamble's dividend payout ratio (DPR) is presently 67.14%.

Insider Transactions at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 10,520 shares of the company's stock in a transaction that occurred 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 sale, the insider owned 25,182 shares in the company, valued at $3,995,627.94. This represents a 29.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 1,000 shares of the company's stock in a transaction that occurred 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 sale, the chief executive officer owned 51,965 shares in the company, valued at approximately $8,386,111.70. This represents a 1.89% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble 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.