Wells Trecaso Financial Group LLC significantly reduced its stake in Procter & Gamble (NYSE:PG) by 43.2% in the third quarter, selling 26,262 shares and holding 34,517 shares valued at $5.3 million. Despite this, other institutional investors like Vanguard Group Inc. and Geode Capital Management LLC increased their holdings in P&G. The article also notes recent insider selling by executives, positive market sentiment due to technical support and dividend increases, but also negative sentiment from analyst forecast reductions and sector valuation warnings.
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Wells Trecaso Financial Group LLC Decreases Stake in Procter & Gamble Company (The) $PG
Wells Trecaso Financial Group LLC significantly reduced its stake in Procter & Gamble (NYSE:PG) by 43.2% in the third quarter, selling 26,262 shares and holding 34,517 shares valued at $5.3 million. Despite this, other institutional investors like Vanguard Group Inc. and Geode Capital Management LLC increased their holdings in P&G. The article also notes recent insider selling by executives, positive market sentiment due to technical support and dividend increases, but also negative sentiment from analyst forecast reductions and sector valuation warnings.