PepsiCo Inc. The stock has a market cap of $150.78 billion, a PE ratio of 23.06 and a beta of 0.51. Investors of record on Friday, December 1st will be issued a $0.805 dividend. Institutional investors own 70.20% of the company's stock. The stock increased 2.88% or $0.33 during the last trading session, reaching $11.78. Pepsico posted earnings of $1.20 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 8.3%. It has outperformed by 31.13% the S&P500.
Beaumont Financial Partners Llc decreased Pepsico Inc (PEP) stake by 3.55% reported in 2017Q3 SEC filing.
In related news, insider Ramon Laguarta sold 21,449 shares of the firm's stock in a transaction that occurred on Tuesday, October 10th. The North American Management Corp holds 189,293 shares with $21.09M value, up from 186,060 last quarter. Mcrae Capital Management Inc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $166.93 billion market cap company.
Shares of Pepsico (NASDAQ PEP) traded up $0.50 during midday trading on Thursday, hitting $117.38. About 4.34 million shares traded or 26.42% up from the average. The Maryland-based Brown Advisory has invested 0.36% in Pepsico, Inc. It has underperformed by 4.50% the S&P500.
North American Management Corp decreased Intuitive Surgical Inc (NASDAQ:ISRG) stake by 825 shares to 275 valued at $288,000 in 2017Q3. Jefferies downgraded the stock to "Hold" rating in Monday, October 2 report. Therefore 71% are positive. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. Loop Capital has "Buy" rating and $133 target. The firm has "Buy" rating by Lake Street given on Tuesday, September 13. The firm has "Underperform" rating given on Monday, November 7 by Bank of America. The company now has an average rating of "Buy" and a consensus target price of $113.56. On Friday, November 10 the stock rating was maintained by KeyBanc Capital Markets with "Buy". On Tuesday, August 15 the stock rating was maintained by Jefferies with "Buy".
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Investors sentiment increased to 1.72 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It dropped, as 35 investors sold VRSN shares while 3 reduced holdings. 128 funds opened positions while 644 raised stakes. Vestor Cap Ltd accumulated 76,732 shares or 1.92% of the stock. Sol Capital Mgmt holds 5,045 shares or 0.16% of its portfolio. Poplar Forest Limited Liability Corp stated it has 0.08% in Pepsico, Inc. The stock of Pepsico, Inc. Alesco Advsr Ltd Company has 3,169 shares for 0.02% of their portfolio. Notis holds 16,081 shares or 1.12% of its portfolio. Boys Arnold And reported 49,406 shares stake. Its down 0.28% from 4.36 million shares previously. Massachusetts-based Geode Limited Liability Com has invested 0.01% in Harsco Corporation (NYSE:HSC). Finally, Macquarie began coverage on shares of Pepsico in a report on Thursday, September 14th. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright law. 175,626 are held by State Teachers Retirement Systems. Its up 0.19, from 0.75 in 2017Q2.
Want to see what other hedge funds are holding PEP? Analysts are forecasting earnings of $1.3 on a per share basis this quarter. (NASDAQ:PEP). Vantage Investment Advsrs Ltd Co has invested 3.05% in Pepsico, Inc. Philadelphia has invested 0.09% in Pepsico, Inc. (NASDAQ:PEP) or 61,137 shares. Investec Asset Mgmt has 1.45% invested in Pepsico, Inc. (NASDAQ:PEP) for 4,296 shares. $2.37M worth of Pepsico, Inc. (NASDAQ:PEP). Moreover, Holderness Investments has 0.55% invested in Pepsico, Inc. Moreover, Mark Asset has 2.34% invested in Netflix, Inc. That suggests something of the likelihood of a short squeeze in shares of PEP. Renaissance Technology Ltd Liability Com, a New York-based fund reported 5.50M shares. Zweig-Dimenna Associates Llc sold 88,650 shares as Pepsico Inc (PEP)'s stock rose 5.12%. RYCEF's SI was 4.35 million shares in January as released by FINRA. The stock has been active on the tape, now trading at $116.88, down from yesterday's close by -0.51%. The institutional investor held 21,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.34 million, up from 500 at the end of the previous reported quarter. It also reduced its holding in Vanguard Total Stock Market Et (VTI) by 2,728 shares in the quarter, leaving it with 16,940 shares, and cut its stake in Sonoco Prods Co (NYSE:SON). Therefore 0 are positive.
PepsiCo, Inc is a global food and beverage company. The rating was maintained by Cowen & Co with "Buy" on Tuesday, July 11. The firm has "Buy" rating by Susquehanna given on Thursday, July 6.
More notable recent Pepsico, Inc. (NASDAQ:PEP) rating on Wednesday, June 7. KeyBanc Capital Markets maintained the stock with "Buy" rating in Tuesday, October 3 report. FBR Capital maintained the shares of FB in report on Thursday, July 30 with "Outperform" rating. Barclays Capital has "Overweight" rating and $115 target. Sterne Agee CRT initiated Pepsico, Inc. The rating was maintained by Piper Jaffray on Tuesday, August 22 with "Hold". The firm has "Hold" rating given on Monday, October 2 by Jefferies.
According to Zacks, "PepsiCo has been doing well on the back of significant innovation, continued momentum in Frito-Lay business, revenue management strategies, improved productivity and cost-saving initiatives, along with better market execution".