Notable Ownership Action: Pepsico Inc (NYSE:PEP): Institutional Investors Are Worried

November 24, 2016 - By Hazel Jackson   ·   0 Comments

Notable Ownership Action: Pepsico Inc (NYSE:PEP): Institutional Investors Are Worried

Sentiment for Pepsico Inc (NYSE:PEP)

Pepsico Inc (NYSE:PEP) institutional sentiment decreased to 0.79 in Q2 2016. Its down -0.08, from 0.87 in 2016Q1. The ratio dropped, as 675 investment professionals increased or opened new positions, while 777 sold and decreased positions in Pepsico Inc. The investment professionals in our partner’s database now possess: 977.04 million shares, down from 1.02 billion shares in 2016Q1. Also, the number of investment professionals holding Pepsico Inc in their top 10 positions increased from 243 to 253 for an increase of 10. Sold All: 40 Reduced: 737 Increased: 600 New Position: 75.

PepsiCo, Inc. is a food and beverage company. The company has a market cap of $144.57 billion. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. It has a 22.25 P/E ratio. The Firm operates through six divisions, namely, Frito-Lay North America ; Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa.

The stock decreased 1.32% or $1.36 on November 23, hitting $101.53. About 4.68M shares traded hands or 4.00% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 0.44% since April 22, 2016 and is downtrending. It has underperformed by 5.85% the S&P500.

Analysts await PepsiCo, Inc. (NYSE:PEP) to report earnings on February, 9. They expect $1.16 EPS, up 9.43% or $0.10 from last year’s $1.06 per share. PEP’s profit will be $1.65 billion for 21.88 P/E if the $1.16 EPS becomes a reality. After $1.40 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -17.14% negative EPS growth.

According to Zacks Investment Research, “PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo’s success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.”

Taube Hodson Stonex Partners Llp holds 10.26% of its portfolio in PepsiCo, Inc. for 472,677 shares. Bislett Management Llc owns 140,000 shares or 10.24% of their US portfolio. Moreover, Ycg Llc has 9.47% invested in the company for 279,396 shares. The Texas-based Yacktman Asset Management Lp has invested 9.31% in the stock. United American Securities Inc. (D B A Uas Asset Management), a New York-based fund reported 129,660 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 5 insider sales for $27.68 million net activity.

PepsiCo, Inc. (NYSE:PEP) Ratings Coverage

Ratings analysis reveals 43% of PepsiCo’s analysts are positive. Out of 14 Wall Street analysts rating PepsiCo, 6 give it “Buy”, 0 “Sell” rating, while 8 recommend “Hold”. The lowest target is $81 while the high is $122. The stock’s average target of $107.31 is 5.69% above today’s ($101.53) share price. PEP was included in 24 notes of analysts from July 21, 2015. The firm has “Outperform” rating given on Friday, September 16 by Credit Suisse. The stock of PepsiCo, Inc. (NYSE:PEP) earned “Overweight” rating by JP Morgan on Tuesday, April 19. Goldman Sachs maintained PepsiCo, Inc. (NYSE:PEP) on Tuesday, April 19 with “Neutral” rating. The stock has “Buy” rating given by Stifel Nicolaus on Wednesday, October 7. The firm has “Buy” rating given on Friday, July 8 by Deutsche Bank. The firm earned “Sector Perform” rating on Wednesday, October 7 by RBC Capital Markets. The firm has “Buy” rating by UBS given on Friday, July 8. UBS maintained the stock with “Buy” rating in Wednesday, October 7 report. The firm has “Neutral” rating given on Friday, February 26 by Sterne Agee CRT. The stock of PepsiCo, Inc. (NYSE:PEP) earned “Hold” rating by S&P Research on Wednesday, October 7.

PEP Company Profile

PepsiCo, Inc., incorporated on November 13, 1986, is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Firm operates through six divisions, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa. The Company’s brands include Agusha, Amp Energy, Aquafina, Aquafina Flavorsplash, Aunt Jemima, Cap’n Crunch, Cheetos, Chester’s, Chipsy, Chudo, Cracker Jack, Crunchy, Diet Mountain Dew, Diet Mug, Diet Pepsi, Diet Sierra Mist, Domik v Derevne, Doritos, Duyvis, Elma Chips, Emperador, Frito-Lay, Fritos, Fruktovy Sad, Frustyle, G Series, G2, Gatorade, Grandma’s, Imunele, Izze, Kas, Kurkure, Lay’s, Life, Lifewater, Lubimy, Manzanita Sol, Marias Gamesa, Matutano, Mirinda, Miss Vickie’s, Mother’s, Mountain Dew, Mountain Dew Code Red, Mountain Dew Kickstart, Mug, Munchies, Naked, Near East, O.N.E., Paso de los Toros, Pasta Roni, Pepsi, Pepsi Max, Pepsi Next, Propel, Quaker, Quaker Chewy, Rice-A-Roni, Rold Gold, Rosquinhas Mabel, Ruffles, Sabritas, Sakata, Saladitas, Sandora, Santitas, 7UP (outside the United States) and 7UP Free (outside the United States), Sierra Mist, Simba, Smartfood, Smith’s, Snack a Jacks, SoBe, SoBe Lifewater, SoBe V Water, Sonric’s, Stacy’s, Sting, SunChips, Tonus, Tostitos, Trop 50, Tropicana, Tropicana Farmstand, Tropicana Pure Premium, Tropicana Twister, Vesely Molochnik, Walkers and Ya.

More notable recent PepsiCo, Inc. (NYSE:PEP) news were published by: Reuters.com which released: “PepsiCo to buy probiotic drinks maker KeVita” on November 22, 2016, also Fool.com with their article: “Battle of Dividends: McDonald’s Corporation vs. PepsiCo Inc.” published on November 18, 2016, Prnewswire.com published: “PepsiCo Announces Definitive Agreement to Acquire KeVita, a Leader in …” on November 22, 2016. More interesting news about PepsiCo, Inc. (NYSE:PEP) were released by: Forbes.com and their article: “July 2017 Options Now Available For PepsiCo (PEP)” published on November 21, 2016 as well as Bloomberg.com‘s news article titled: “Coca-Cola, PepsiCo Hit With Wave of Soda Taxes” with publication date: November 09, 2016.

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By Hazel Jackson


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