Rhumbline Advisers reduced its stake in Procter & Gamble (NYSE:PG) by 0.9% in the third quarter, selling 36,184 shares and now owning 3,839,135 shares valued at $589.88 million. Despite this decrease, other institutional investors like Vanguard Group Inc., Geode Capital Management LLC, and Norges Bank significantly increased their holdings in P&G. The article also details P&G’s stock performance, recent earnings, upcoming dividend, and mixed analyst sentiment regarding its future outlook and valuation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Rhumbline Advisers Decreases Stock Position in Procter & Gamble Company (The) $PG
Rhumbline Advisers reduced its stake in Procter & Gamble (NYSE:PG) by 0.9% in the third quarter, selling 36,184 shares and now owning 3,839,135 shares valued at $589.88 million. Despite this decrease, other institutional investors like Vanguard Group Inc., Geode Capital Management LLC, and Norges Bank significantly increased their holdings in P&G. The article also details P&G’s stock performance, recent earnings, upcoming dividend, and mixed analyst sentiment regarding its future outlook and valuation.