Procter & Gamble Company (The) (NYSE:PG) Stock Holdings Raised by Sei Investments Co.

Key Points

• Sei Investments Co. increased its position in Procter & Gamble by 4.4% during Q1, now owning approximately 995,407 shares valued at $167.6 million, making it the firm's 10th largest position.
• Procter & Gamble reported a quarterly EPS of **$1.48**, exceeding analysts' expectations of $1.42, along with a revenue of **$20.89 billion**, which was also higher than expectations.
• The company announced a quarterly dividend of **$1.0568** per share, which is part of an annualized dividend of **$4.23**, yielding **2.7%** for shareholders.

Sei Investments Co. grew its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 995,407 shares of the company's stock after acquiring an additional 41,678 shares during the quarter. Procter & Gamble comprises about 1.6% of Sei Investments Co.'s portfolio, making the stock its 10th largest position. Sei Investments Co.'s holdings in Procter & Gamble were worth $167,628,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cladis Investment Advisory LLC lifted its stake in Procter & Gamble by 5.2% in the fourth quarter. Cladis Investment Advisory LLC now owns 4,807 shares of the company's stock worth $806,000 after acquiring an additional 236 shares during the period. FAS Wealth Partners Inc. raised its holdings in Procter & Gamble by 2.0% in the fourth quarter. FAS Wealth Partners Inc. now owns 27,690 shares of the company's stock worth $4,642,000 after purchasing an additional 549 shares in the last quarter. Capital Investment Advisory Services LLC raised its holdings in Procter & Gamble by 13.8% in the first quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock worth $6,426,000 after purchasing an additional 4,562 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock worth $62,098,000 after purchasing an additional 199,258 shares in the last quarter. Finally, World Investment Advisors grew its stake in shares of Procter & Gamble by 6.0% during the first quarter. World Investment Advisors now owns 50,913 shares of the company's stock worth $8,677,000 after acquiring an additional 2,886 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Price Performance

NYSE:PG opened at $155.37 on Thursday. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The stock has a market cap of $363.93 billion, a PE ratio of 23.87, a P/E/G ratio of 4.09 and a beta of 0.37. The stock has a 50 day moving average price of $157.56 and a 200 day moving average price of $163.48.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%. The company had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. The firm's revenue was up 1.7% compared to the same quarter last year. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 18th will be given a dividend of $1.0568 per share. 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 2.7%. Procter & Gamble's dividend payout ratio is currently 64.98%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PG. JPMorgan Chase & Co. restated a "neutral" rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Redburn Atlantic lowered Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price objective on the stock. in a report on Thursday, May 1st. Truist Financial decreased their target price on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Raymond James Financial decreased their target price on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Seven research analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $175.88.

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.

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