Landscape Capital Management L.L.C. Sells Stake in Procter & Gamble
Landscape Capital Management L.L.C., a financial firm, reduced its stake in Procter & Gamble Company (The) during the second quarter. The company sold 53,980 shares of PG's stock, decreasing its holdings by 86.4%. Landscape Capital Management L.L.C.'s remaining 8,515 shares were valued at $1,249,000 as of the most recent reporting period.
According to the firm's most recent SEC filing, it now owns a smaller portion of Procter & Gamble Company (The)'s stock. This change is part of a broader trend in which institutional investors and hedge funds adjust their positions in various companies. As reported by MarketBeat.com, 13 investment analysts have given PG a 'Buy' rating, while 11 have assigned it a 'Hold' rating.
Recently, the company's quarterly earnings per share (EPS) beat analyst estimates, but revenue fell short of expectations. Procter & Gamble Company (The) has set its FY 2027 guidance at $6.890-7.110 EPS and is working to meet this target. Its dividend payout ratio stands at 65.71%, which may be a concern for some investors.