Procter & Gamble Company (The) (NYSE:PG) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 8.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,563 shares of the company's stock after selling 2,702 shares during the period. Segall Bryant & Hamill LLC's holdings in Procter & Gamble were worth $4,697,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Navigoe LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $31,000. Capital A Wealth Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $31,000. Hoey Investments Inc. increased its position in shares of Procter & Gamble by 321.7% during the 4th quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after purchasing an additional 148 shares during the last quarter. 10Elms LLP bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $34,000. Finally, Sunbeam Capital Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at approximately $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Moses Victor Javier Aguilar sold 10,520 shares of the company'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 sale, the insider directly owned 25,182 shares of the company's stock, valued at $3,995,627.94. This represents a 29.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jennifer L. Davis sold 1,000 shares of the 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 transaction, the chief executive officer directly owned 51,965 shares of the company's stock, 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. Corporate insiders own 0.18% of the company's stock.

Procter & Gamble Trading Down 0.3%

NYSE:PG traded down $0.54 on Friday, reaching $155.08. The company's stock had a trading volume of 7,270,714 shares, compared to its average volume of 7,656,548. Procter & Gamble Company has a 12-month low of $151.90 and a 12-month high of $180.43. The company has a quick ratio of 0.50, a current ratio of 0.71 and a debt-to-equity ratio of 0.47. The firm has a market cap of $363.59 billion, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 4.41 and a beta of 0.40. The stock has a 50 day moving average price of $161.31 and a 200 day moving average price of $164.44.

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. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.46%. The company had revenue of $19.78 billion for the quarter, compared to the consensus estimate of $20.42 billion. During the same quarter in the previous year, the business earned $1.52 earnings per share. The company's revenue for the quarter was down 2.1% on a year-over-year basis. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm 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 annualized dividend and a dividend yield of 2.73%. Procter & Gamble's dividend payout ratio is currently 67.14%.

Wall Street Analyst Weigh In

Several brokerages have commented on PG. Piper Sandler upped their price objective on Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. UBS Group dropped their price target on Procter & Gamble from $186.00 to $180.00 and set a "buy" rating on the stock in a research report on Thursday. Redburn Atlantic cut Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price objective for the company. in a research note on Thursday, May 1st. Truist Financial decreased 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. Finally, Evercore ISI restated an "in-line" rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Nine analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $176.84.

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.