Measured Risk Portfolios Inc. Makes New Investment in The Procter & Gamble Company (NYSE:PG)

Measured Risk Portfolios Inc. purchased a new position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,938 shares of the company's stock, valued at approximately $1,331,000.

Other large investors have also recently added to or reduced their stakes in the company. NewSquare Capital LLC boosted its position in Procter & Gamble by 933.3% during the fourth quarter. NewSquare Capital LLC now owns 155 shares of the company's stock valued at $26,000 after purchasing an additional 140 shares during the last quarter. Navigoe LLC bought a new position in Procter & Gamble during the fourth quarter valued at about $31,000. Hoey Investments Inc. increased its stake in Procter & Gamble by 321.7% during the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after acquiring an additional 148 shares during the period. LFA Lugano Financial Advisors SA bought a new position in Procter & Gamble during the fourth quarter valued at about $34,000. Finally, Atlantic Private Wealth LLC increased its stake in Procter & Gamble by 95.3% during the fourth quarter. Atlantic Private Wealth LLC now owns 207 shares of the company's stock valued at $35,000 after acquiring an additional 101 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In related news, CEO Gary A. Coombe sold 18,000 shares of Procter & Gamble stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total transaction of $3,089,880.00. Following the completion of the transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,785,274.66. This trade represents a 44.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of Procter & Gamble stock in a transaction on 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 completion of the sale, the insider now directly owns 25,182 shares of the company's stock, 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. Over the last 90 days, insiders have sold 64,520 shares of company stock worth $10,999,268. Company insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

PG has been the topic of several research reports. Piper Sandler boosted their price target on Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. JPMorgan Chase & Co. decreased their price objective on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a report on Friday, April 11th. UBS Group reaffirmed a "buy" rating on shares of Procter & Gamble in a report on Monday, February 10th. Raymond James decreased their price objective on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating on the stock in a report on Friday, April 25th. Finally, Barclays reaffirmed an "equal weight" rating on shares of Procter & Gamble in a report on Thursday, March 27th. Eight 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $178.52.

Procter & Gamble Stock Performance

NYSE:PG traded up $0.87 during mid-day trading on Friday, hitting $163.28. The stock had a trading volume of 7,100,112 shares, compared to its average volume of 7,236,385. The Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43. The stock has a market cap of $382.82 billion, a price-to-earnings ratio of 26.00, a PEG ratio of 3.76 and a beta of 0.41. The company's 50 day simple moving average is $164.50 and its 200 day simple moving average is $167.30. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, topping the consensus estimate 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 net margin of 18.35% and a return on equity of 33.00%. The business's revenue for the quarter 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 forecast that The Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Monday, April 21st were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Monday, April 21st. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's payout ratio is 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.