$2.81 Million Bet on Procter & Gamble by Bell Investment Advisors Inc

Bell Investment Advisors Inc has taken a $2.81 million position in Procter & Gamble Company (The) ($PG). The firm bought 19,156 shares of the company's stock in the second quarter, which makes up about 0.4% of Bell Investment Advisors Inc's holdings.

This is not an isolated investment; several other large investors have also recently bought and sold shares of $PG. For example, E Fund Management Hong Kong Co. Ltd. increased its position by 1,000.0% in the fourth quarter, while Park Square Financial Group LLC lifted its holdings in shares of Procter & Gamble by 65.1% during the same period.

$PG has a market capitalization of $336.51 billion and a price-to-earnings ratio of 21.87. The company's quarterly dividend was paid on August 17th, with an annualized yield of 3.0%. The stock has a Moderate Buy rating among analysts, with an average price target of $161.52.