One Wealth Capital Management LLC Makes New $228,000 Investment in The Procter & Gamble Company (NYSE:PG)

One Wealth Capital Management LLC acquired a new position in The Procter & Gamble Company (NYSE:PG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,362 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds have also bought and sold shares of PG. Fiera Capital Corp lifted its position in shares of Procter & Gamble by 1,135.1% in the 2nd quarter. Fiera Capital Corp now owns 20,688 shares of the company’s stock worth $3,412,000 after acquiring an additional 19,013 shares during the period. Strategic Financial Concepts LLC lifted its position in Procter & Gamble by 391.8% in the second quarter. Strategic Financial Concepts LLC now owns 289,175 shares of the company’s stock worth $477,000 after purchasing an additional 230,374 shares during the period. Chris Bulman Inc bought a new stake in Procter & Gamble in the 2nd quarter valued at $68,000. Adapt Wealth Advisors LLC raised its stake in shares of Procter & Gamble by 22.7% in the 2nd quarter. Adapt Wealth Advisors LLC now owns 2,560 shares of the company’s stock valued at $422,000 after buying an additional 474 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $36,000. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Evercore ISI increased their price target on shares of Procter & Gamble from $180.00 to $183.00 and gave the stock an “outperform” rating in a research report on Monday, October 21st. Piper Sandler assumed coverage on Procter & Gamble in a research report on Tuesday, September 24th. They set a “neutral” rating and a $174.00 target price for the company. Barclays cut Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 price target on the stock. in a research report on Monday, September 30th. Hsbc Global Res upgraded shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, October 4th. Finally, JPMorgan Chase & Co. increased their target price on shares of Procter & Gamble from $179.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday, September 19th. Eight analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $179.75.

Procter & Gamble Trading Up 0.4 %

Procter & Gamble stock traded up $0.62 during trading hours on Tuesday, reaching $161.22. 5,684,669 shares of the company’s stock traded hands, compared to its average volume of 6,152,565. The firm has a market capitalization of $379.68 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 3.70 and a beta of 0.45. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.75. The Procter & Gamble Company has a fifty-two week low of $146.28 and a fifty-two week high of $180.43. The firm’s 50 day moving average is $170.03 and its 200-day moving average is $169.80.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business had revenue of $21.74 billion during the quarter, compared to analysts’ expectations of $21.99 billion. During the same period in the previous year, the firm earned $1.83 earnings per share. The firm’s quarterly revenue was down .6% compared to the same quarter last year. On average, analysts predict that The Procter & Gamble Company will post 6.94 earnings per share for the current year.

Insider Activity at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $168.99, for a total transaction of $2,163,072.00. Following the transaction, the insider now owns 11,566 shares in the company, valued at $1,954,538.34. The trade was a 52.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 47,847 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $179.84, for a total value of $8,604,804.48. Following the sale, the chief executive officer now directly owns 39,977 shares of the company’s stock, valued at approximately $7,189,463.68. The trade was a 54.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 75,439 shares of company stock worth $13,317,460 in the last ninety days. Company insiders own 0.18% of the company’s stock.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.