BOK Financial Private Wealth Inc. Purchases 369 Shares of The Procter & Gamble Company (NYSE:PG)

BOK Financial Private Wealth Inc. grew its position in shares of The Procter & Gamble Company (NYSE:PG) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,007 shares of the company’s stock after buying an additional 369 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Procter & Gamble were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Wyrmwood Management LLC bought a new stake in shares of Procter & Gamble during the fourth quarter valued at approximately $29,000. Mendota Financial Group LLC lifted its holdings in Procter & Gamble by 636.6% in the fourth quarter. Mendota Financial Group LLC now owns 302 shares of the company’s stock valued at $44,000 after buying an additional 261 shares during the period. Itau Unibanco Holding S.A. acquired a new position in Procter & Gamble in the second quarter valued at approximately $50,000. Morton Brown Family Wealth LLC lifted its holdings in Procter & Gamble by 206.6% in the fourth quarter. Morton Brown Family Wealth LLC now owns 417 shares of the company’s stock valued at $61,000 after buying an additional 281 shares during the period. Finally, Activest Wealth Management lifted its holdings in Procter & Gamble by 49.7% in the fourth quarter. Activest Wealth Management now owns 455 shares of the company’s stock valued at $67,000 after buying an additional 151 shares during the period. 65.77% of the stock is owned by institutional investors.

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 22,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $161.32, for a total transaction of $3,549,040.00. Following the sale, the chief executive officer now directly owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Gary A. Coombe sold 22,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $161.32, for a total transaction of $3,549,040.00. Following the sale, the chief executive officer now directly owns 36,845 shares of the company’s stock, valued at approximately $5,943,835.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ma. Fatima Francisco sold 74,443 shares of the business’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $153.30, for a total transaction of $11,412,111.90. Following the sale, the chief executive officer now directly owns 973 shares in the company, valued at $149,160.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 279,063 shares of company stock valued at $43,187,745. 0.17% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Shares of PG traded up $0.70 during midday trading on Monday, reaching $156.03. The stock had a trading volume of 845,103 shares, compared to its average volume of 6,794,853. The Procter & Gamble Company has a one year low of $141.45 and a one year high of $163.14. The company has a current ratio of 0.64, a quick ratio of 0.44 and a debt-to-equity ratio of 0.48. The firm has a 50 day simple moving average of $159.32 and a 200-day simple moving average of $152.63. The firm has a market cap of $367.14 billion, a PE ratio of 26.09, a P/E/G ratio of 3.18 and a beta of 0.44.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, January 23rd. The company reported $1.84 EPS for the quarter, beating the consensus estimate of $1.70 by $0.14. The company had revenue of $21.44 billion during the quarter, compared to analysts’ expectations of $21.48 billion. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.59 EPS. As a group, sell-side analysts anticipate that The Procter & Gamble Company will post 6.45 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be given a $1.0065 dividend. The ex-dividend date is Thursday, April 18th. This is a boost from Procter & Gamble’s previous quarterly dividend of $0.94. This represents a $4.03 annualized dividend and a dividend yield of 2.58%. Procter & Gamble’s payout ratio is presently 62.98%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “hold” rating in a report on Wednesday, January 24th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Procter & Gamble from $170.00 to $172.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Truist Financial upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their target price for the stock from $160.00 to $175.00 in a report on Monday, March 11th. Raymond James increased their target price on shares of Procter & Gamble from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, January 24th. Finally, StockNews.com downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.53.

About Procter & Gamble

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It 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, and SK-II brands.