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Amiral Gestion Acquires New Position in Procter & Gamble Company (The) $PG
Amiral Gestion has acquired a new position in Procter & Gamble (NYSE:PG), purchasing 45,388 shares valued at approximately $6.51 million, making it their 12th largest holding. This comes amidst notable insider selling by Chairman Jon R. Moeller and other insiders. Despite some analyst downgrades due to cost pressures and soft organic sales, P&G slightly beat quarterly EPS expectations, increased revenue, and maintains a “Moderate Buy” consensus rating with a 3.0% dividend yield.