GSA Capital Takes 30,000+ Shares Stake in Procter & Gamble
GSA Capital Partners LLP purchased approximately 30,047 shares of Procter & Gamble Company stock during the second quarter, valued at around $4.41 million. This represents a new stake for the institutional investor in the company.
Procter & Gamble makes up about 0.3% of GSA Capital Partners' portfolio and is their 18th largest holding. Other investors have also added to or reduced their stakes in the stock recently, with Brighton Jones LLC increasing its holding by 51.5% in the fourth quarter.
Procter & Gamble's quarterly earnings report for July showed the company beat analyst estimates, earning $1.43 per share compared to a predicted $1.41. The business also announced a quarterly dividend of $1.0885 per share, paid on August 17th to investors who recorded ownership by July 24th.