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Premier Fund Managers Ltd Invests $1.16 Million in Procter & Gamble Company (The) $PG
Premier Fund Managers Ltd has initiated a new stake in Procter & Gamble (NYSE:PG), purchasing shares worth approximately $1.16 million in the third quarter. This investment comes amidst notable insider selling, with CEO Gary A. Coombe selling shares valued at $5.86 million recently, and institutional investors collectively owning 65.77% of the company. Analysts maintain a “Moderate Buy” consensus for P&G, with an average price target of $168.33, following the company’s slight beat on quarterly EPS and a declared annual dividend of $4.23.