The Procter & Gamble Company (NYSE:PG) Shares Acquired by Mizuho Securities Co. Ltd.

Mizuho Securities Co. Ltd. lifted its stake in shares of The Procter & Gamble Company (NYSE:PG) by 194.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 760 shares of the company’s stock after purchasing an additional 502 shares during the period. Mizuho Securities Co. Ltd.’s holdings in Procter & Gamble were worth $132,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. China Universal Asset Management Co. Ltd. lifted its stake in Procter & Gamble by 5.5% during the first quarter. China Universal Asset Management Co. Ltd. now owns 32,001 shares of the company’s stock worth $5,192,000 after purchasing an additional 1,657 shares in the last quarter. Quent Capital LLC increased its position in shares of Procter & Gamble by 2.0% during the first quarter. Quent Capital LLC now owns 10,684 shares of the company’s stock worth $1,733,000 after acquiring an additional 206 shares during the period. Empowered Funds LLC increased its position in shares of Procter & Gamble by 59.0% during the first quarter. Empowered Funds LLC now owns 101,085 shares of the company’s stock worth $16,401,000 after acquiring an additional 37,491 shares during the period. Charles Schwab Investment Advisory Inc. increased its position in shares of Procter & Gamble by 12.4% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 2,246 shares of the company’s stock worth $364,000 after acquiring an additional 247 shares during the period. Finally, D Orazio & Associates Inc. increased its position in shares of Procter & Gamble by 2.8% during the first quarter. D Orazio & Associates Inc. now owns 6,399 shares of the company’s stock worth $1,038,000 after acquiring an additional 173 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 37,240 shares of the stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $168.89, for a total value of $6,289,463.60. Following the completion of the transaction, the chief executive officer now directly owns 263,537 shares of the company’s stock, valued at approximately $44,508,763.93. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CEO Jon R. Moeller sold 37,240 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $168.89, for a total transaction of $6,289,463.60. Following the completion of the transaction, the chief executive officer now directly owns 263,537 shares of the company’s stock, valued at $44,508,763.93. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble stock in a transaction on Thursday, October 24th. The shares were 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 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 313,597 shares of company stock valued at $53,268,499. Corporate insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent research reports. DZ Bank raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $190.00 price objective on the stock in a research report on Thursday, August 29th. Piper Sandler assumed coverage on Procter & Gamble in a report on Tuesday, September 24th. They issued a “neutral” rating and a $174.00 target price on the stock. Barclays lowered Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price on the stock. in a report on Monday, September 30th. JPMorgan Chase & Co. increased their target price on Procter & Gamble from $179.00 to $186.00 and gave the company an “overweight” rating in a report on Thursday, September 19th. Finally, Hsbc Global Res raised Procter & Gamble to a “strong-buy” rating in a report on Friday, October 4th. Nine investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $177.00.

Procter & Gamble Stock Performance

Shares of PG traded up $0.23 during mid-day trading on Wednesday, hitting $166.07. 1,277,184 shares of the company’s stock were exchanged, compared to its average volume of 6,639,745. The Procter & Gamble Company has a fifty-two week low of $142.50 and a fifty-two week high of $177.94. The firm has a market capitalization of $391.10 billion, a P/E ratio of 28.60, a P/E/G ratio of 3.59 and a beta of 0.42. The business’s 50 day moving average is $170.79 and its two-hundred day moving average is $168.29. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50.

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

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, October 18th will be issued a $1.0065 dividend. The ex-dividend date is Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a yield of 2.42%. Procter & Gamble’s dividend payout ratio (DPR) is presently 69.48%.

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.