Latest development4 months ago
Whittier Trust Cuts Stake in Procter & Gamble by 34%
Whittier Trust Co. sold over 100,000 PG shares in Q1, retaining a position valued at approximately $27.7 million amid institutional rebalancing.
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On July 3, the State Teachers Retirement System of Ohio reduced its stake in Procter & Gamble by 4.5% during the first quarter, selling over 31,000 shares while maintaining a position valued at $95.4 million. The company reported mixed quarterly results, with earnings beating estimates while revenue missed, despite a 7.4% year-over-year sales increase. On July 4, QRG Capital increased its stake in P&G by 16.7%, bringing its total holding value to $49.44 million.
Whittier Trust Co. sold over 100,000 PG shares in Q1, retaining a position valued at approximately $27.7 million amid institutional rebalancing.
Read the full storyQRG Capital and Osborne Partners increased holdings in major US mega-caps during Q1, signaling strategic portfolio rebalancing across defensive and tech sectors.
The State Teachers Retirement System of Ohio sold over 31,000 shares of PG, maintaining a position valued at $95.4 million amid mixed fiscal results.