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Beacon Pointe Advisors Takes Big Stake in Procter & Gamble

Guavy AI Editorial Team
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PG
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Beacon Pointe Advisors LLC has taken a significant position in Procter & Gamble Company (The) (NYSE:PG), purchasing 214,501 shares worth approximately $31.45 million in the second quarter.

This new stake is among several recent investments made by Beacon Pointe Advisors in Procter & Gamble, as other institutional investors and hedge funds have also been buying and selling shares of the company.

Procter & Gamble has a market capitalization of $334.04 billion and a PE ratio of 21.71, with analysts predicting that the company will post EPS of $6.98 for the current fiscal year.

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