Integral Investment Advisors Inc. Has $1.69 Million Holdings in The Procter & Gamble Company (NYSE:PG)

Integral Investment Advisors Inc. cut its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 37.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,908 shares of the company's stock after selling 5,864 shares during the period. Integral Investment Advisors Inc.'s holdings in Procter & Gamble were worth $1,688,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Atwood & Palmer Inc. lifted its stake in Procter & Gamble by 0.9% during the first quarter. Atwood & Palmer Inc. now owns 22,463 shares of the company's stock valued at $3,828,000 after purchasing an additional 205 shares during the last quarter. Gibson Capital LLC lifted its position in shares of Procter & Gamble by 29.1% in the 1st quarter. Gibson Capital LLC now owns 2,398 shares of the company's stock valued at $409,000 after acquiring an additional 540 shares in the last quarter. Petredis Investment Advisors LLC lifted its position in shares of Procter & Gamble by 1.2% in the 1st quarter. Petredis Investment Advisors LLC now owns 33,308 shares of the company's stock valued at $5,676,000 after acquiring an additional 389 shares in the last quarter. Curated Wealth Partners LLC lifted its position in shares of Procter & Gamble by 40.7% in the 1st quarter. Curated Wealth Partners LLC now owns 1,773 shares of the company's stock valued at $302,000 after acquiring an additional 513 shares in the last quarter. Finally, Dividend Assets Capital LLC lifted its position in shares of Procter & Gamble by 6.2% in the 1st quarter. Dividend Assets Capital LLC now owns 8,059 shares of the company's stock valued at $1,373,000 after acquiring an additional 473 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several equities research analysts recently commented on PG shares. Citigroup reduced their price target on shares of Procter & Gamble from $200.00 to $181.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Bank of America reduced their price target on shares of Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Truist Financial cut their target price on shares of Procter & Gamble from $185.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Erste Group Bank downgraded shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Raymond James cut their target price on shares of Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a research report on Friday, April 25th. Eight equities 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $178.86.

Procter & Gamble Stock Performance

NYSE:PG traded down $3.12 during midday trading on Friday, reaching $160.06. The stock had a trading volume of 7,093,816 shares, compared to its average volume of 7,381,974. The Procter & Gamble Company has a 1-year low of $156.58 and a 1-year high of $180.43. The firm's fifty day simple moving average is $163.75 and its 200-day simple moving average is $166.82. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. The stock has a market capitalization of $375.27 billion, a P/E ratio of 25.49, a PEG ratio of 3.76 and a beta of 0.43.

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

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Shareholders of record on Monday, April 21st were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.64%. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. The ex-dividend date was Monday, April 21st. Procter & Gamble's dividend payout ratio (DPR) is currently 66.98%.

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.