Oxbow Advisors Invests in Procter & Gamble with $1.36 Million Stake

Oxbow Advisors LLC has invested $1.36 million in Procter & Gamble Company (The) (NYSE:PG - Free Report), acquiring a new stake of 9,298 shares during the second quarter.

This investment is part of a broader trend of institutional investors increasing their stakes in PG, with E Fund Management Hong Kong Co. Ltd. boosting its stake by 1,000% and Park Square Financial Group LLC raising its position by 65.1% in the fourth quarter.

The company reported quarterly earnings per share (EPS) of $1.43, beating analysts' consensus estimates of $1.41 by $0.02, with revenue of $21.20 billion during the quarter compared to the consensus estimate of $21.38 billion.