Kapitalo Investimentos Ltda Purchases Shares of 1,123 PepsiCo, Inc. (NASDAQ:PEP)

Kapitalo Investimentos Ltda acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,123 shares of the company’s stock, valued at approximately $171,000.

A number of other large investors have also modified their holdings of PEP. Tcfg Wealth Management LLC raised its holdings in shares of PepsiCo by 3.5% in the 4th quarter. Tcfg Wealth Management LLC now owns 1,938 shares of the company’s stock worth $295,000 after buying an additional 66 shares in the last quarter. Lincoln Capital LLC lifted its holdings in shares of PepsiCo by 0.4% during the fourth quarter. Lincoln Capital LLC now owns 16,808 shares of the company’s stock valued at $2,556,000 after acquiring an additional 70 shares during the period. Marshall Financial Group LLC boosted its stake in shares of PepsiCo by 2.3% in the 4th quarter. Marshall Financial Group LLC now owns 3,128 shares of the company’s stock valued at $476,000 after purchasing an additional 70 shares in the last quarter. Osprey Private Wealth LLC grew its holdings in shares of PepsiCo by 0.5% in the 4th quarter. Osprey Private Wealth LLC now owns 15,060 shares of the company’s stock worth $2,290,000 after purchasing an additional 70 shares during the last quarter. Finally, TAGStone Capital Inc. increased its position in shares of PepsiCo by 2.8% during the 4th quarter. TAGStone Capital Inc. now owns 2,527 shares of the company’s stock worth $388,000 after purchasing an additional 70 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Trading Up 0.4 %

NASDAQ PEP opened at $134.31 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05. PepsiCo, Inc. has a 12 month low of $131.52 and a 12 month high of $183.41. The company has a market capitalization of $184.18 billion, a PE ratio of 19.33, a P/E/G ratio of 3.09 and a beta of 0.49. The stock has a 50-day simple moving average of $147.16 and a 200 day simple moving average of $153.24.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Thursday, April 24th. The company reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.01). PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The firm had revenue of $17.92 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same quarter in the prior year, the business earned $1.61 earnings per share. The business’s revenue was down 1.8% on a year-over-year basis. Research analysts forecast that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were given a $1.355 dividend. This represents a $5.42 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date was Friday, March 7th. PepsiCo’s dividend payout ratio is currently 79.71%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of PepsiCo from $184.00 to $178.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. Morgan Stanley cut their price objective on PepsiCo from $168.00 to $153.00 and set an “equal weight” rating for the company in a research report on Friday, April 25th. CICC Research reaffirmed a “market perform” rating on shares of PepsiCo in a report on Friday, February 7th. StockNews.com cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Evercore ISI set a $140.00 target price on shares of PepsiCo in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $160.69.

PepsiCo Company 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.