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Vontobel Holding Ltd. Has $43.16 Million Stock Holdings in Procter & Gamble Company (The) (NYSE:PG)

Procter & Gamble logo with Consumer Staples background

Vontobel Holding Ltd. raised its position 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 (SEC). The institutional investor owned 253,250 shares of the company's stock after buying an additional 20,746 shares during the quarter. Vontobel Holding Ltd.'s holdings in Procter & Gamble were worth $43,159,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PG. Unique Wealth LLC grew its position in Procter & Gamble by 2.9% during the first quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock worth $365,000 after buying an additional 61 shares in the last quarter. Stableford Capital II LLC lifted its position in shares of Procter & Gamble by 1.1% during the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock valued at $993,000 after acquiring an additional 61 shares during the period. Bernard Wealth Management Corp. grew its holdings in shares of Procter & Gamble by 20.2% during the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after purchasing an additional 63 shares in the last quarter. Kolinsky Wealth Management LLC increased its position in shares of Procter & Gamble by 1.1% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock worth $962,000 after purchasing an additional 64 shares during the period. Finally, Retirement Planning Group LLC raised its stake in Procter & Gamble by 1.4% in the fourth quarter. Retirement Planning Group LLC now owns 4,704 shares of the company's stock valued at $789,000 after purchasing an additional 64 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.3%

Shares of Procter & Gamble stock traded down $0.48 during trading on Friday, hitting $160.72. The company's stock had a trading volume of 6,999,589 shares, compared to its average volume of 7,490,519. The stock has a market cap of $376.82 billion, a price-to-earnings ratio of 25.51, a price-to-earnings-growth ratio of 4.59 and a beta of 0.40. Procter & Gamble Company has a 52 week low of $156.58 and a 52 week high of $180.43. The stock has a 50-day moving average price of $162.10 and a two-hundred day moving average price of $165.37. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.71 and a quick ratio of 0.50.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly 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 firm had revenue of $19.78 billion for the quarter, compared to analyst estimates of $20.42 billion. During the same quarter in the previous year, the company posted $1.52 EPS. The business's revenue was down 2.1% on a year-over-year basis. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

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

Insiders Place Their Bets

In other news, 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 value of $1,669,208.40. Following the transaction, the insider directly owned 25,182 shares of the company's stock, valued at $3,995,627.94. The trade was a 29.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jennifer L. Davis sold 1,000 shares of the firm's 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 sale, the chief executive officer directly owned 51,965 shares of the company's stock, valued at $8,386,111.70. This represents a 1.89% decrease in their position. The disclosure for this sale can be found here. 0.18% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PG shares. Raymond James Financial reduced their target price on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. Royal Bank Of Canada raised Procter & Gamble from a "sector perform" rating to an "outperform" rating and raised their price objective for the company from $164.00 to $177.00 in a research note on Friday, April 25th. Erste Group Bank downgraded Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Morgan Stanley set a $180.00 target price on shares of Procter & Gamble and gave the stock an "overweight" rating in a report on Friday, April 25th. Finally, Bank of America lowered their price objective 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. Eight equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $178.45.

Read Our Latest Stock Report on PG

About Procter & Gamble

(Free Report)

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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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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