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Investors boost holdings in Procter & Gamble, which beat earnings expectations, despite insider sales.
Spectrum Asset Management Inc. and other investment firms have increased their holdings in Procter & Gamble (NYSE:PG).
The company reported $1.54 earnings per share for the quarter, surpassing analysts' expectations by $0.01.
Procter & Gamble has a market cap of $380.25 billion and operates in segments including Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care.
Despite insiders selling shares, the stock has a "Moderate Buy" consensus rating with a price target of $178.86.
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Los inversores aumentan las participaciones en Procter & Gamble, que superaron las expectativas de ganancias, a pesar de las ventas internas.