PepsiCo, Inc. (NASDAQ:PEP) Shares Purchased by Humankind Investments LLC

Humankind Investments LLC boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 13.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,969 shares of the company’s stock after acquiring an additional 468 shares during the period. Humankind Investments LLC’s holdings in PepsiCo were worth $604,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Ossiam raised its position in shares of PepsiCo by 138.9% in the fourth quarter. Ossiam now owns 73,604 shares of the company’s stock valued at $11,192,000 after buying an additional 42,793 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in PepsiCo by 104.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,705,574 shares of the company’s stock valued at $259,350,000 after acquiring an additional 870,451 shares during the last quarter. Hutner Capital Management Inc. lifted its stake in shares of PepsiCo by 14.6% during the 4th quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company’s stock worth $8,178,000 after purchasing an additional 6,865 shares during the period. Guinness Asset Management LTD boosted its holdings in shares of PepsiCo by 5.2% during the fourth quarter. Guinness Asset Management LTD now owns 1,236,788 shares of the company’s stock worth $188,031,000 after purchasing an additional 61,541 shares during the last quarter. Finally, WCM Investment Management LLC grew its position in shares of PepsiCo by 147.6% in the fourth quarter. WCM Investment Management LLC now owns 14,692 shares of the company’s stock valued at $2,229,000 after purchasing an additional 8,759 shares during the period. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price target on PepsiCo from $184.00 to $178.00 and set a “buy” rating on the stock in a research note on Wednesday, January 22nd. HSBC lowered their target price on shares of PepsiCo from $186.00 to $170.00 and set a “hold” rating for the company in a report on Tuesday, February 4th. BNP Paribas cut their price target on shares of PepsiCo from $162.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. CICC Research reissued a “market perform” rating on shares of PepsiCo in a research note on Friday, February 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $163.00 target price on shares of PepsiCo in a research report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $160.69.

PepsiCo Trading Down 0.8 %

NASDAQ PEP opened at $130.44 on Friday. The company’s fifty day simple moving average is $143.73 and its 200-day simple moving average is $150.88. The stock has a market cap of $178.84 billion, a P/E ratio of 18.77, a PEG ratio of 3.09 and a beta of 0.47. PepsiCo, Inc. has a 52 week low of $130.16 and a 52 week high of $183.41. 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 (NASDAQ:PEP) last posted its quarterly earnings data 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 analysts’ expectations of $17.81 billion. During the same period in the previous year, the company earned $1.61 earnings per share. The business’s quarterly revenue was down 1.8% on a year-over-year basis. Equities research analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be paid a dividend of $1.4225 per share. This is a boost from PepsiCo’s previous quarterly dividend of $1.36. This represents a $5.69 annualized dividend and a dividend yield of 4.36%. The ex-dividend date is Friday, June 6th. PepsiCo’s dividend payout ratio is 83.68%.

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.