Anchor Investment Management LLC Lowers Holdings in Procter & Gamble Company (The) $PG
Anchor Investment Management LLC reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 17. 0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,403 shares of the compan
Anchor Investment Management LLC reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG-Free Report) by 17. 0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,403 shares of the company's stock after selling 10,351 shares during the period. Anchor Investment Management LLC's holdings in Procter & Gamble were worth $7,223,000 at the end of the most recent quarter. Allstate’s Comeback Is Turning Into a Profit MachineA number of other hedge funds also recently added to or reduced their stakes in PG. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Procter & Gamble by 1,000. 0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock worth $25,000 after acquiring an additional 150 shares during the period. Litman Gregory Wealth Management LLC purchased a new position in Procter & Gamble in the fourth quarter valued at $26,000. Park Square Financial Group LLC grew its stake in Procter & Gamble by 65. 1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in Procter & Gamble by 1,315. 4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock worth $26,000 after purchasing an additional 171 shares during the period. Finally, Basso Capital Management L. P. acquired a new stake in Procter & Gamble in the 4th quarter valued at about $28,000. 65. 77% of the stock is currently owned by institutional investors and hedge funds. GetProcter & Gamblealerts:Analysts Set New Price TargetsSeveral equities analysts have recently issued reports on PG shares. Weiss Ratingsreiterated a "hold (c)" rating on shares of Procter & Gamble in a research note on Friday, March 27th. Raymond James Financial reduced their target price on shares of Procter & Gamble from $175. 00 to $170. 00 and set an "outperform" rating on the stock in a report on Tuesday, April 14th. Bank of America decreased their price target on shares of Procter & Gamble from $171. 00 to $167. 00 and set a "buy" rating for the company in a research note on Friday, April 10th. Barclays lowered their price target on shares of Procter & Gamble from $155. 00 to $146. 00 and set an "equal weight" rating for the company in a report on Tuesday, April 14th. Finally, Morgan Stanley dropped their price objective on shares of Procter & Gamble from $175. 00 to $166. 00 and set an "overweight" rating on the stock in a research report on Wednesday, April 22nd. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $160. 78. 3 Sectors That Look Most Vulnerable Ahead of May 15View Our Latest Stock Report on Procter & GambleProcter & Gamble Price PerformancePG stockopened at $150. 85 on Friday. The business has a 50 day moving average price of $145. 43 and a 200 day moving average price of $147. 80. The company has a quick ratio of 0. 53, a current ratio of 0. 73 and a debt-to-equity ratio of 0. 44. The stock has a market cap of $351. 26 billion, a price-to-earnings ratio of 22. 05, a PEG ratio of 6. 54 and a beta of 0. 39. Procter & Gamble Company has a fifty-two week low of $137. 62 and a fifty-two week high of $167. 25. Buffett Spent 60 Years Ignoring Tech and the Bill Is Coming DueProcter & Gamble (NYSE:PG-Get Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported $1. 59 earnings per share for the quarter, topping analysts' consensus estimates of $1. 56 by $0. 03. The company had revenue of $21. 23 billion for the quarter, compared to analysts' expectations of $21. 52 billion. Procter & Gamble had a net margin of 19. 16% and a return on equity of 32. 00%. The firm's revenue for the quarter was up 7. 4% on a year-over-year basis. During the same quarter last year, the company earned $1. 54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6. 830-7. 090 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6. 91 earnings per share for the current fiscal year. Procter & Gamble Increases DividendThe business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a dividend of $1. 0885 per share. The ex-dividend date was Friday, April 24th. This represents a $4. 35 annualized dividend and a yield of 2. 9%. This is an increase from Procter & Gamble's previous quarterly dividend of $1. 06. Procter & Gamble's dividend payout ratio (DPR) is 63. 60%. Procter & Gamble Company Profile(Free Report)Procter & GambleNYSE: PGis a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide. P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. See AlsoFive stocks we like better than Procter & GambleAehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?Rackspace’s AI Land Grab: Plugging Into the Next Compute BoomSatellogic Is Tiny But Its Revenue Growth Is Hard to IgnoreWhy Kroger’s Pullback Could Be a Gift for Patient InvestorsWant to see what other hedge funds are holding PG?Visit HoldingsChannel. comto get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG-Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in Procter & Gamble Right Now?Before you consider Procter & Gamble, you'll want to hear this. 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