Manchester Capital Management LLC Increases Stake in Procter & Gamble Company
Are you interested in learning more about The Procter & Gamble Company (NYSE:PG)? Manchester Capital Management LLC recently increased their stake in the company by 5.4% in the first quarter, showing confidence in the stock. Other large investors have also been buying and selling shares of PG, indicating a strong interest in the company.
In terms of stock performance, PG opened at $166.64 on Friday, with a 52-week low of $141.45 and a high of $169.41. The company has a market cap of $393.29 billion and a P/E ratio of 27.23. Analysts anticipate that The Procter & Gamble Company will post 6.55 EPS for the current fiscal year.
Procter & Gamble recently announced a quarterly dividend, with a yield of 2.42%. The company’s dividend payout ratio is currently 65.69%. In terms of insider activity, CEO R. Alexandra Keith and CEO Gary A. Coombe have both sold shares of the stock.
Analysts have set new price targets for PG, with a consensus rating of “Moderate Buy” and a consensus price target of $171.74. The company provides branded consumer packaged goods worldwide, operating through five segments including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.
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Overall, Procter & Gamble continues to be a strong player in the consumer goods industry, with a solid financial performance and positive outlook from analysts. Stay informed and consider adding PG to your investment portfolio for potential growth and dividends.
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