PepsiCo, Inc. (NASDAQ:PEP) Shares Sold by Values Added Financial LLC

Values Added Financial LLC reduced its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,659 shares of the company’s stock after selling 89 shares during the quarter. Values Added Financial LLC’s holdings in PepsiCo were worth $252,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vontobel Holding Ltd. grew its holdings in shares of PepsiCo by 62.4% during the fourth quarter. Vontobel Holding Ltd. now owns 3,014,101 shares of the company’s stock worth $458,324,000 after purchasing an additional 1,157,835 shares during the last quarter. Mcrae Capital Management Inc. boosted its holdings in shares of PepsiCo by 1.0% in the fourth quarter. Mcrae Capital Management Inc. now owns 10,063 shares of the company’s stock valued at $1,530,000 after acquiring an additional 97 shares during the period. Pathway Financial Advisers LLC grew its position in shares of PepsiCo by 1.2% during the fourth quarter. Pathway Financial Advisers LLC now owns 36,154 shares of the company’s stock worth $5,497,000 after acquiring an additional 428 shares during the last quarter. Investment Partners Asset Management Inc. increased its holdings in shares of PepsiCo by 12.2% in the 4th quarter. Investment Partners Asset Management Inc. now owns 3,978 shares of the company’s stock valued at $605,000 after acquiring an additional 431 shares during the period. Finally, Howard Bailey Securities LLC boosted its stake in PepsiCo by 6.9% during the 4th quarter. Howard Bailey Securities LLC now owns 3,340 shares of the company’s stock worth $508,000 after purchasing an additional 217 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of PepsiCo from $155.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. Citigroup reduced their price objective on PepsiCo from $195.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. BNP Paribas lowered their target price on PepsiCo from $162.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. UBS Group decreased their price target on PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a report on Thursday, January 16th. Finally, StockNews.com cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $171.47.

PepsiCo Stock Up 0.4 %

PEP opened at $144.58 on Friday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.70 and a current ratio of 0.82. The company has a market cap of $198.29 billion, a price-to-earnings ratio of 20.80, a PEG ratio of 2.89 and a beta of 0.54. PepsiCo, Inc. has a one year low of $141.51 and a one year high of $183.41. The business’s fifty day moving average is $150.41 and its two-hundred day moving average is $163.54.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.94 by $0.02. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The business had revenue of $27.78 billion for the quarter, compared to analyst estimates of $27.89 billion. During the same period in the previous year, the firm earned $1.78 EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Analysts anticipate that PepsiCo, Inc. will post 8.34 EPS for the current fiscal year.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be paid a dividend of $1.355 per share. The ex-dividend date is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.75%. PepsiCo’s dividend payout ratio (DPR) is 77.99%.

PepsiCo Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.