Procter & Gamble Sees Shifts in Ownership Structure
Procter & Gamble Company (The) (NYSE:PG - Free Report), the multinational consumer goods company, has seen changes in its ownership structure. Old North State Trust LLC acquired a new position in shares of Procter & Gamble in the second quarter.
The institutional investor bought 10,875 shares of the company's stock, valued at approximately $1,595,000. This is not an isolated instance, as several other large investors have also made changes to their positions in the company.
Other notable changes include E Fund Management Hong Kong Co. Ltd., which boosted its position in Procter & Gamble by 1,000.0% in the fourth quarter. Park Square Financial Group LLC increased its holdings in shares of Procter & Gamble by 65.1% during the same period.
In related news, insiders sold a total of 6,627 shares of company stock worth $953,417 over the last quarter. This represents a significant portion of the company's outstanding shares.