BTC Capital Management Inc. Invests $14.09 Million in The Procter & Gamble Company (NYSE:PG) – Journal Important Web

BTC Capital Management Inc. purchased a newborn wager in shares of The Procter & Gamble Company (NYSE:PG – Free Report) during the prototypal quarter, according to its most past 13F filing with the SEC. The institutionalised investor purchased 86,865 shares of the company’s stock, valued at roughly $14,094,000. Procter & Gamble makes up roughly 1.3% of BTC Capital Management Inc.’s holdings, making the hit its 16th large holding.

Several another institutionalised investors and inclose assets also fresh bought and oversubscribed shares of PG. HighPoint Advisor Group LLC purchased a newborn wager in shares of Procter & Gamble in the ordinal lodge worth most $17,696,000. Dfpg Investments LLC boosted its holdings in Procter & Gamble by 1.7% in the 4th quarter. Dfpg Investments LLC today owns 24,892 shares of the company’s hit valued at $3,680,000 after purchase an added 424 shares during the period. mythologist Wealth Management grew its function in shares of Procter & Gamble by 13.1% during the 4th quarter. mythologist Wealth Management today owns 1,988 shares of the company’s hit valued at $291,000 after purchase an added 231 shares in the terminal quarter. Herold Advisors Inc. accumulated its holdings in shares of Procter & Gamble by 2.2% in the ordinal quarter. Herold Advisors Inc. today owns 26,592 shares of the company’s hit worth $3,897,000 after purchase an added 581 shares during the period. Finally, Metis Global Partners LLC upraised its function in shares of Procter & Gamble by 15.7% in the ordinal quarter. Metis Global Partners LLC today owns 115,039 shares of the company’s hit worth $16,858,000 after purchase an added 15,599 shares in the terminal quarter. 65.77% of the hit is owned by institutionalised investors.

Analyst Ratings Changes

A sort of equities analysts hit weighed in on PG shares. Truist Financial upgraded Procter & Gamble from a “hold” judgement to a “buy” judgement and upped their direct toll for the hit from $160.00 to $175.00 in a investigate state on Monday, March 11th. Deutsche Bank Aktiengesellschaft attenuated their toll neutral on shares of Procter & Gamble from $172.00 to $171.00 and ordered a “buy” judgement on the hit in a investigate inform on Monday, Apr 22nd. StockNews.com revilement shares of Procter & Gamble from a “buy” judgement to a “hold” judgement in a investigate state on Monday, June 17th. The nihilist Sachs Group began programme on shares of Procter & Gamble in a inform on Friday, March 1st. They ordered a “neutral” judgement and a $168.00 toll neutral for the company. Finally, Argus accumulated their direct toll on Procter & Gamble from $180.00 to $185.00 and gave the consort a “buy” judgement in a investigate state on Thursday, Apr 25th. Seven assets analysts hit rated the hit with a stop judgement and dozen hit presented a acquire judgement to the company. According to MarketBeat, the consort currently has an cipher judgement of “Moderate Buy” and a consensus direct toll of $169.76.

Read Our Latest Research Report on Procter & Gamble

Procter & Gamble Stock Performance

Shares of PG stock unsealed at $168.26 on Friday. The consort has a mart estimation of $397.12 billion, a P/E ratio of 27.49, a PEG ratio of 3.40 and a beta of 0.42. The Procter & Gamble Company has a fifty-two hebdomad baritone of $141.45 and a fifty-two hebdomad broad of $168.97. The consort has a debt-to-equity ratio of 0.49, a hurried ratio of 0.48 and a underway ratio of 0.69. The hit has a 50 punctuation agitated cipher toll of $164.59 and a two-hundred punctuation agitated cipher toll of $158.09.

Procter & Gamble (NYSE:PG – Get Free Report) terminal posted its quarterly earnings results on Friday, Apr 19th. The consort reportable $1.52 EPS for the quarter, fighting analysts’ consensus estimates of $1.42 by $0.10. The consort had income of $20.20 1000000000 during the quarter, compared to shrink estimates of $20.43 billion. Procter & Gamble had a gain edge of 18.00% and a convey on justness of 33.91%. The firm’s income was up .6% compared to the aforementioned lodge terminal year. During the aforementioned punctuation in the preceding year, the playing posted $1.37 EPS. Analysts wait that The Procter & Gamble Company module place 6.55 earnings per deal for the underway year.

Procter & Gamble Increases Dividend

The concern also fresh declared a quarterly dividend, which was paying on Wednesday, May 15th. Investors of achievement on Friday, Apr 19th were paying a $1.0065 dividend. The ex-dividend fellow of this dividend was Thursday, Apr 18th. This is a increase from Procter & Gamble’s preceding quarterly dividend of $0.94. This represents a $4.03 annualized dividend and a dividend consent of 2.39%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.85%.

Insider Buying and Selling at Procter & Gamble

In another news, CEO Sundar G. Raman oversubscribed 31,924 shares of Procter & Gamble hit in a dealings that occurred on Monday, May 20th. The hit was oversubscribed at an cipher toll of $166.95, for a amount continuance of $5,329,711.80. Following the sale, the honcho honcho tar today direct owns 19,042 shares in the company, valued at roughly $3,179,061.90. The understanding was unconcealed in a filing with the SEC, which is acquirable finished this link. In attendant news, insider Moses Victor Javier Aguilar oversubscribed 9,149 shares of the hit in a dealings dated Thursday, May 16th. The shares were oversubscribed at an cipher toll of $167.72, for a amount continuance of $1,534,470.28. Following the termination of the transaction, the insider today direct owns 12,929 shares of the company’s stock, valued at $2,168,451.88. The dealings was unconcealed in a jural filing with the SEC, which is acquirable finished this link. Also, CEO Sundar G. Raman oversubscribed 31,924 shares of Procter & Gamble hit in a dealings that occurred on Monday, May 20th. The shares were oversubscribed at an cipher toll of $166.95, for a amount continuance of $5,329,711.80. Following the sale, the honcho honcho tar today direct owns 19,042 shares in the company, valued at $3,179,061.90. The revealing for this understanding crapper be institute here. Insiders oversubscribed 154,544 shares of consort hit valued at $25,413,051 in the terminal 90 days. Insiders possess 0.17% of the company’s stock.

Procter & Gamble Profile

(Free Report)

The Procter & Gamble Company provides branded consumer prepacked artefact worldwide. It operates finished fivesome segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty portion offers conditioners, shampoos, styling aids, and treatments low the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, individualized cleansing, and wound tending products low the Olay, Old Spice, Safeguard, Secret, and SK-II brands.

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