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Holland Advisory Services Inc. Has $533,000 Holdings in The Procter & Gamble Company (NYSE:PG)

Holland Advisory Services Inc. Has $533,000 Holdings in The Procter & Gamble Company (NYSE:PG) #Holland #Advisory #Services #Holdings #Procter #Gamble #Company #NYSEPG Welcome to Americanah Blog, here is the new story we have for you today:

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Holland Advisory Services Inc. lowered its stake in The Procter & Gamble Company (NYSE:PGGet Rating) by 7.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,704 shares of the company’s stock after selling 291 shares during the period. Procter & Gamble makes up approximately 0.6% of Holland Advisory Services Inc.’s holdings, making the stock its 18th biggest position. Holland Advisory Services Inc.’s holdings in Procter & Gamble were worth $533,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Northcape Wealth Management LLC lifted its position in shares of Procter & Gamble by 95.2% during the 1st quarter. Northcape Wealth Management LLC now owns 24,189 shares of the company’s stock worth $3,696,000 after purchasing an additional 11,800 shares during the last quarter. First Affirmative Financial Network lifted its position in shares of Procter & Gamble by 6.0% during the 1st quarter. First Affirmative Financial Network now owns 1,934 shares of the company’s stock worth $296,000 after purchasing an additional 109 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of Procter & Gamble by 624.7% during the 1st quarter. NorthCrest Asset Manangement LLC now owns 131,952 shares of the company’s stock worth $20,163,000 after purchasing an additional 113,745 shares during the last quarter. Calamos Wealth Management LLC raised its holdings in Procter & Gamble by 3.8% in the 1st quarter. Calamos Wealth Management LLC now owns 20,240 shares of the company’s stock valued at $3,093,000 after acquiring an additional 733 shares in the last quarter. Finally, Nvest Financial LLC acquired a new position in Procter & Gamble in the 1st quarter valued at approximately $432,000. Institutional investors and hedge funds own 63.45% of the company’s stock.

Insider Activity at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $145.00, for a total value of $290,000.00. Following the completion of the transaction, the chief executive officer now directly owns 5,026 shares in the company, valued at approximately $728,770. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Ma. Fatima Francisco sold 2,000 shares of the company’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $145.00, for a total value of $290,000.00. Following the completion of the transaction, the chief executive officer now directly owns 5,026 shares of the company’s stock, valued at approximately $728,770. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Andre Schulten sold 987 shares of the company’s stock in a transaction on Wednesday, August 17th. The stock was sold at an average price of $149.33, for a total transaction of $147,388.71. Following the completion of the transaction, the chief financial officer now directly owns 27,330 shares of the company’s stock, valued at $4,081,188.90. The disclosure for this sale can be found here. In the last three months, insiders sold 289,321 shares of company stock worth $42,559,426. 0.26% of the stock is owned by company insiders.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $137.50 on Wednesday. The stock has a market capitalization of $328.01 billion, a P/E ratio of 23.67, a P/E/G ratio of 3.55 and a beta of 0.35. The Procter & Gamble Company has a 1-year low of $129.50 and a 1-year high of $165.35. The company has a current ratio of 0.65, a quick ratio of 0.45 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average price of $143.10 and a two-hundred day moving average price of $147.46.

Procter & Gamble (NYSE:PGGet Rating) last posted its earnings results on Friday, July 29th. The company reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.02). The company had revenue of $19.52 billion for the quarter, compared to analyst estimates of $19.41 billion. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.39%. Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.13 earnings per share. Equities analysts predict that The Procter & Gamble Company will post 5.94 earnings per share for the current year.

Procter & Gamble Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 15th. Investors of record on Friday, July 22nd were given a $0.913 dividend. The ex-dividend date was Thursday, July 21st. This represents a $3.65 annualized dividend and a dividend yield of 2.66%. Procter & Gamble’s dividend payout ratio is presently 62.82%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. UBS Group cut their price target on Procter & Gamble to $153.00 in a report on Friday, July 22nd. JPMorgan Chase & Co. cut their price target on Procter & Gamble from $165.00 to $156.00 in a report on Thursday, July 21st. Truist Financial lowered their price objective on Procter & Gamble from $175.00 to $160.00 and set a “buy” rating on the stock in a research note on Monday, August 1st. Evercore ISI set a $170.00 price objective on Procter & Gamble in a research note on Monday, June 20th. Finally, Barclays lowered their price objective on Procter & Gamble from $157.00 to $154.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 2nd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.93.

Procter & Gamble Profile

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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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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