Commerzbank Doubles Down on Procter & Gamble Stake

Commerzbank Aktiengesellschaft FI purchased 795,119 shares of Procter & Gamble Company (The) during the second quarter. The value of these shares is approximately $116,596,000.

This acquisition makes up 2.3% of Commerzbank Aktiengesellschaft FI's portfolio and is its 13th largest position. Other institutional investors have also made changes to their positions in Procter & Gamble. For example, Cibc World Market Inc. boosted its position by 40.6% during the fourth quarter.

Procter & Gamble has a market cap of $336.51 billion and a PE ratio of 21.87. The company's stock opened at $144.77 on Friday and has a beta of 0.39. Procter & Gamble reported $1.43 EPS for the quarter, beating analysts' consensus estimates of $1.41.