Nykredit A S Purchases New Position in Procter & Gamble Company (The) $PG

Nykredit A/S recently acquired 1.32 million shares of Procter & Gamble (NYSE:PG), valued at approximately $193.1 million, making it their 26th largest holding. Procter & Gamble reported strong quarterly earnings, beating EPS estimates, and maintains a quarterly dividend of $1.0885 per share, yielding 3.0%. The stock currently holds a "Moderate Buy" rating from analysts with an average price target of $161.55.