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Payden & Rygel Has $10.74 Million Holdings in Procter & Gamble Company (The) $PG
Payden & Rygel reduced its stake in Procter & Gamble (NYSE:PG) by 47.2% in Q3, now holding 69,900 shares valued at $10.74 million. This reduction occurred alongside significant insider selling, with the Chairman and CEO offloading shares worth millions. Despite this, analysts maintain a “Moderate Buy” rating for PG, with a consensus target price of $168.33, and the company has announced a quarterly dividend.