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Public Employees Retirement System Invests in Procter & Gamble

Guavy AI Editorial Team
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PG
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The Public Employees Retirement System of Ohio has made a new investment in Procter & Gamble Company (The) NYSE:PG, acquiring 888,463 shares valued at approximately $130,284,000 during the second quarter. This is according to its most recent filing with the SEC.

Procter & Gamble's revenue was up 1.5% compared to the same quarter last year, and the company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.41 by $0.02.

Institutional investors own 65.77% of the company's stock, with BlackRock Inc. being one of its largest shareholders, having acquired a new stake in Procter & Gamble worth about $27,862,105,000 during the second quarter.

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