The Procter & Gamble Company (NYSE:PG) Shares Sold by First National Bank of Mount Dora Trust Investment Services

First National Bank of Mount Dora Trust Investment Services lessened its holdings in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 28.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,650 shares of the company's stock after selling 13,240 shares during the quarter. First National Bank of Mount Dora Trust Investment Services' holdings in Procter & Gamble were worth $5,564,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Procter & Gamble during the fourth quarter valued at approximately $50,049,000. WCM Investment Management LLC raised its holdings in Procter & Gamble by 148.8% in the 4th quarter. WCM Investment Management LLC now owns 25,669 shares of the company's stock worth $4,289,000 after acquiring an additional 15,351 shares during the last quarter. Legacy Financial Strategies LLC lifted its position in Procter & Gamble by 4.4% in the 4th quarter. Legacy Financial Strategies LLC now owns 2,378 shares of the company's stock valued at $395,000 after acquiring an additional 100 shares in the last quarter. Finally, Focused Wealth Management Inc boosted its stake in Procter & Gamble by 2.0% during the 4th quarter. Focused Wealth Management Inc now owns 3,342 shares of the company's stock valued at $560,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PG. UBS Group reiterated a "buy" rating on shares of Procter & Gamble in a research note on Monday, February 10th. Redburn Atlantic downgraded shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price objective on the stock. in a research report on Thursday, May 1st. Truist Financial cut 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. JPMorgan Chase & Co. decreased their target price on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Finally, Barclays reissued an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Eight investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $178.86.

Procter & Gamble Stock Up 0.1%

NYSE:PG traded up $0.12 during mid-day trading on Tuesday, hitting $162.68. The stock had a trading volume of 7,666,893 shares, compared to its average volume of 7,333,323. The Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43. The stock has a 50-day simple moving average of $163.86 and a two-hundred day simple moving average of $167.11. The company has a market capitalization of $381.40 billion, a PE ratio of 25.90, a PEG ratio of 3.76 and a beta of 0.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results 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. The company had revenue of $19.78 billion for the quarter, compared to analysts' expectations of $20.42 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. Procter & Gamble's quarterly revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.52 earnings per share. On average, equities research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were paid a dividend of $1.0568 per share. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. This represents a $4.23 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend was Monday, April 21st. Procter & Gamble's dividend payout ratio (DPR) 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.