Landscape Capital Management L.L.C. Has $3.70 Million Position in The Procter & Gamble Company (NYSE:PG)

Landscape Capital Management L.L.C. trimmed its position in The Procter & Gamble Company (NYSE:PG - Free Report) by 61.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 21,357 shares of the company's stock after selling 33,435 shares during the period. Landscape Capital Management L.L.C.'s holdings in Procter & Gamble were worth $3,699,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Itau Unibanco Holding S.A. acquired a new position in Procter & Gamble during the 2nd quarter worth approximately $28,000. Fairway Wealth LLC acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $29,000. POM Investment Strategies LLC bought a new position in shares of Procter & Gamble during the second quarter worth approximately $34,000. Quest Partners LLC bought a new position in Procter & Gamble during the 2nd quarter worth $36,000. Finally, Fairfield Financial Advisors LTD acquired a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $44,000. Institutional investors own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,800 shares of Procter & Gamble stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $168.99, for a total value of $2,163,072.00. Following the completion of the transaction, the insider now directly owns 11,566 shares of the company's stock, valued at $1,954,538.34. This trade represents a 52.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Susan Street Whaley sold 634 shares of the business's stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $171.65, for a total value of $108,826.10. Following the sale, the insider now directly owns 19,341 shares in the company, valued at $3,319,882.65. The trade was a 3.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 174,727 shares of company stock valued at $29,694,037 in the last three months. 0.18% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Dbs Bank lowered Procter & Gamble from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 1st. Barclays lowered Procter & Gamble from an "overweight" rating to an "equal weight" rating and set a $163.00 price target on the stock. in a research note on Monday, September 30th. Morgan Stanley raised their price target on shares of Procter & Gamble from $174.00 to $191.00 and gave the company an "overweight" rating in a research note on Monday, October 21st. Royal Bank of Canada reissued a "sector perform" rating and issued a $164.00 price objective on shares of Procter & Gamble in a research note on Monday, October 21st. Finally, StockNews.com downgraded shares of Procter & Gamble from a "buy" rating to a "hold" rating in a report on Thursday, August 1st. Nine analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $177.00.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $170.92 on Thursday. The Procter & Gamble Company has a 1-year low of $142.50 and a 1-year high of $177.94. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The stock's 50-day moving average is $170.01 and its 200 day moving average is $168.51. The stock has a market cap of $402.52 billion, a price-to-earnings ratio of 29.47, a P/E/G ratio of 3.69 and a beta of 0.42.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Friday, October 18th. The company reported $1.93 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.03. Procter & Gamble had a return on equity of 33.25% and a net margin of 17.07%. The business had revenue of $21.74 billion for the quarter, compared to analysts' expectations of $21.99 billion. During the same period in the previous year, the firm earned $1.83 EPS. The business's quarterly revenue was down .6% on a year-over-year basis. On average, sell-side analysts anticipate that The Procter & Gamble Company will post 6.94 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, October 18th were paid a dividend of $1.0065 per share. This represents a $4.03 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend was Friday, October 18th. Procter & Gamble's dividend payout ratio (DPR) is presently 69.48%.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.

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