Procter & Gamble Sees Boost in Institutional Investment

Procter & Gamble Company (The) ($PG) has caught the attention of institutional investors. According to its most recent Form 13F filing with the Securities and Exchange Commission, QRG Capital Management Inc. increased its holdings in Procter & Gamble by 8.2% during the second quarter.

The company owned a total of 370,300 shares as of its latest SEC filing, valued at $54,301,000. This is a significant investment for QRG Capital Management Inc., and it's not alone in this regard. Several other institutional investors have also recently bought and sold shares of Procter & Gamble.

The company has reported strong quarterly earnings data on July 29th, topping analysts' consensus estimates by $0.02. The revenue was up 1.5% on a year-over-year basis, with the firm earning $1.43 EPS for the quarter.