Bleakley Financial Group LLC reduced its stake in Procter & Gamble (NYSE:PG) by 8.7% in the third quarter, selling 7,617 shares and retaining 80,072 shares valued at $12.303 million. Despite insider selling and a slight revenue miss, P&G reported strong quarterly EPS, with institutional investors owning 65.77% of the stock, and analysts maintaining a “Moderate Buy” consensus with an average target of $168.33. The company also declared a quarterly dividend of $1.0568.
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Bleakley Financial Group LLC Sells 7,617 Shares of Procter & Gamble Company (The) $PG
Bleakley Financial Group LLC reduced its stake in Procter & Gamble (NYSE:PG) by 8.7% in the third quarter, selling 7,617 shares and retaining 80,072 shares valued at $12.303 million. Despite insider selling and a slight revenue miss, P&G reported strong quarterly EPS, with institutional investors owning 65.77% of the stock, and analysts maintaining a “Moderate Buy” consensus with an average target of $168.33. The company also declared a quarterly dividend of $1.0568.