Compagnie Lombard Odier SCmA Raises Stock Position in The Procter & Gamble Company (NYSE:PG)

Compagnie Lombard Odier SCmA increased its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 2.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,166,917 shares of the company's stock after buying an additional 28,605 shares during the quarter. Procter & Gamble comprises approximately 2.4% of Compagnie Lombard Odier SCmA's holdings, making the stock its 11th largest holding. Compagnie Lombard Odier SCmA's holdings in Procter & Gamble were worth $198,866,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. NewSquare Capital LLC lifted its stake in Procter & Gamble by 933.3% in the fourth quarter. NewSquare Capital LLC now owns 155 shares of the company's stock worth $26,000 after purchasing an additional 140 shares during the last quarter. Navigoe LLC bought a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $31,000. Hoey Investments Inc. lifted its position in shares of Procter & Gamble by 321.7% during the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock worth $33,000 after purchasing an additional 148 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Procter & Gamble during the fourth quarter worth $34,000. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 1,000 shares of the firm's 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 $8,386,111.70. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the firm's stock in a transaction dated 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. The trade was a 29.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Stock Up 0.3%

NYSE:PG traded up $0.51 during midday trading on Monday, reaching $160.79. 6,329,148 shares of the stock traded hands, compared to its average volume of 7,377,774. The Procter & Gamble Company has a 12-month low of $156.58 and a 12-month high of $180.43. The business has a 50-day moving average of $163.81 and a two-hundred day moving average of $166.51. 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 stock has a market capitalization of $376.99 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 3.76 and a beta of 0.43.

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

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were paid a $1.0568 dividend. The ex-dividend date was Monday, April 21st. This is a boost from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 dividend on an annualized basis and a yield of 2.63%. Procter & Gamble's dividend payout ratio (DPR) is 66.98%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on PG. 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. Truist Financial decreased their price objective on shares of Procter & Gamble from $185.00 to $180.00 and set a "buy" rating for the company in a report on Friday, April 25th. Barclays reaffirmed an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Piper Sandler lifted their price target on shares of Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Finally, JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating for the company in a report on Friday, April 11th. Eight research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $178.86.

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.