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CenterBook Partners LP Makes New $6.60 Million Investment in Procter & Gamble Company (The) $PG
CenterBook Partners LP invested $6.60 million in Procter & Gamble (NYSE:PG) during Q3, acquiring 42,929 shares. This comes amidst significant insider selling, with insiders disposing of over $54 million in shares, including Chairman Jon R. Moeller’s sale of $26.35 million worth of stock. Despite insider sales, analysts maintain a “Moderate Buy” rating for P&G, forecasting growth, while the company recently announced a quarterly dividend of $1.0568 per share.