Engineers Gate Manager LP lessened its stake in shares of The Procter & Gamble Company ( NYSE:PG – Get Rating ) by 65.4% in the third quarter, Holdings Channel.com reports. The fund owned 21,284 shares of the company's stock after selling 40,155 shares during the quarter. Engineers Gate Manager LP's holdings in Procter & Gamble were worth $2,687,000 at the end of the most recent reporting period. A number of other hedge funds also recently modified their holdings of PG. Price T Rowe Associates Inc.

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