Viking Fund Management LLC Increases Position in Procter & Gamble Company (The) $PG

robot
Abstract generation in progress

Viking Fund Management LLC significantly increased its stake in Procter & Gamble (NYSE:PG) by 55.6% in the fourth quarter, now holding 28,000 shares valued at approximately $4.01 million. This increase in institutional ownership comes despite recent substantial insider selling, with CEO Gary A. Coombe selling shares worth $5.86 million and other insiders collectively selling $55.46 million over three months. Analysts currently rate PG as a “Moderate Buy” with a consensus price target of $168.33, and the company offers an annualized dividend of $4.23, yielding about 3.0%.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin