The Procter & Gamble Company (NYSE:PG) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of The Procter & Gamble Company (NYSE:PG - Free Report) by 27.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 433,001 shares of the company's stock after buying an additional 92,417 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Procter & Gamble were worth $72,593,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Regent Peak Wealth Advisors LLC lifted its stake in shares of Procter & Gamble by 1.3% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 11,063 shares of the company's stock worth $1,855,000 after purchasing an additional 139 shares during the last quarter. Czech National Bank lifted its stake in shares of Procter & Gamble by 6.5% during the 4th quarter. Czech National Bank now owns 510,620 shares of the company's stock worth $85,605,000 after purchasing an additional 31,075 shares during the last quarter. Aprio Wealth Management LLC increased its position in Procter & Gamble by 13.3% during the 4th quarter. Aprio Wealth Management LLC now owns 9,509 shares of the company's stock valued at $1,594,000 after buying an additional 1,119 shares in the last quarter. Clark & Stuart Inc acquired a new position in Procter & Gamble during the 4th quarter valued at about $1,398,000. Finally, Fiduciary Alliance LLC increased its position in Procter & Gamble by 169.1% during the 4th quarter. Fiduciary Alliance LLC now owns 12,845 shares of the company's stock valued at $2,153,000 after buying an additional 8,072 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 18,000 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $171.66, for a total value of $3,089,880.00. Following the completion of the sale, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,785,274.66. This represents a 44.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 1,000 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $161.38, for a total transaction of $161,380.00. Following the completion of the sale, the chief executive officer now directly owns 51,965 shares of the company's stock, valued at approximately $8,386,111.70. This trade represents a 1.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 64,520 shares of company stock worth $10,999,268 in the last three months. 0.18% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

NYSE PG traded up $0.87 during mid-day trading on Friday, reaching $163.28. 7,100,112 shares of the stock were exchanged, compared to its average volume of 7,226,242. The business's 50 day moving average is $164.69 and its 200-day moving average is $167.32. The company has a market capitalization of $382.82 billion, a P/E ratio of 26.00, a P/E/G ratio of 3.76 and a beta of 0.41. The Procter & Gamble Company has a 1 year low of $156.58 and a 1 year high of $180.43. 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 issued its quarterly earnings data on Thursday, April 24th. The company reported $1.54 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.01. The business had revenue of $19.78 billion during the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. The company's revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.52 earnings per share. 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 disclosed a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Monday, April 21st were given a dividend of $1.0568 per share. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. The ex-dividend date was Monday, April 21st. This represents a $4.23 dividend on an annualized basis and a yield of 2.59%. Procter & Gamble's dividend payout ratio (DPR) is presently 66.98%.

Analyst Ratings Changes

Several research analysts recently issued reports on PG shares. Raymond James reduced 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. Citigroup reduced their target price on Procter & Gamble from $200.00 to $181.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Stifel Nicolaus upped their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a research report on Thursday, January 23rd. Redburn Atlantic lowered Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 target price on the stock. in a research report on Thursday, May 1st. Finally, Royal Bank of Canada raised Procter & Gamble from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $164.00 to $177.00 in a report on Friday, April 25th. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $178.52.

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.