Carlson Capital L.P. Invests Heavily in Procter & Gamble Company

Carlson Capital L.P., a financial institution, recently purchased shares of Procter & Gamble Company (NYSE:PG) in the first quarter. According to its most recent 13F filing with the SEC, Carlson acquired 12,400 shares of PG's stock worth approximately $1,791,000. This investment makes up 0.6% of Carlson Capital L.P.'s portfolio, ranking Procter & Gamble as their 29th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Carson Advisory Inc., for example, grew its stake in PG by 0.5% during the fourth quarter, owning a total of 12,124 shares valued at $1,738,000. Trilogy Capital Inc. raised its holdings in Procter & Gamble by 1.1% in the 4th quarter.

Procter & Gamble recently reported quarterly earnings that beat analyst expectations. The company posted EPS of $1.43 for the quarter, exceeding the consensus estimate of $1.41. Revenue also exceeded estimates at $21.20 billion. Hedge funds and other institutional investors own approximately 65.77% of Procter & Gamble's stock.