Texas Capital Bank Buys $2.14 Million Stake in Procter & Gamble
Texas Capital Bank Wealth Management Services Inc has taken a significant position in Procter & Gamble Company (The) stock. According to recent filings, the company purchased 14,566 shares of PG's stock during the second quarter, valued at approximately $2.14 million.
This is not an isolated instance; several other large investors have also been actively buying and selling shares of Procter & Gamble. E Fund Management Hong Kong Co. Ltd., for example, boosted its position in the company by 1,000% during the fourth quarter, while Park Square Financial Group LLC increased its holdings in PG by 65.1% over the same period.
Procter & Gamble has a market capitalization of $336.51 billion and a price-to-earnings ratio of 21.87. The company's stock has been trading at around $144.77, with a 52-week high of $167.25 and a 52-week low of $137.62.