Pepsico, Inc. (PEP) Insider Sells $2370328.99 in Stock
Pepsico, Inc. (PEP) Insider Sells $2370328.99 in Stock
15 October, 2017, 17:06
Kelly Lawrence W & Associates Inc sold 3,215 shares as Pepsico Inc (PEP)'s stock rose 5.12%. Barnett & Company Inc. now owns 900 shares of the company's stock valued at $104,000 after purchasing an additional 657 shares during the last quarter. Insiders own 0.33% of the company's stock. The stock increased 1.79% or $0.3 on October 13, reaching $17.06. It has underperformed by 16.70% the S&P500. The company reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.43 by $0.05. T_SEN's profit would be $13.56M giving it 1.06 P/E if the $0.09 EPS is correct. It has outperformed by 38.77% the S&P500.
Investors sentiment decreased to 0.75 in 2017 Q2. Its up 0.04, from 1.31 in 2017Q1. Invest House Limited Liability Company stated it has 60,673 shares or 0.94% of all its holdings. Curbstone Financial Management Corp raised its position in shares of Pepsico by 98.2% in the third quarter. Cowen and Company reiterated a "buy" rating on shares of Pepsico in a report on Sunday, September 17th. High Falls Advisors Inc purchased a new position in shares of Pepsico during the second quarter worth approximately $203,000. It also increased its holding in Alps Etf Tr (AMLP) by 86,344 shares in the quarter, for a total of 1.25M shares, and has risen its stake in Ishares Tr (IWM). The Ohio-based Eubel Brady & Suttman Asset Mngmt has invested 0.1% in PepsiCo, Inc. Finally, Royal Bank Of Canada restated a "hold" rating and issued a $115.00 price target on shares of Pepsico in a report on Wednesday, September 6th. Moreover, Tocqueville Asset Management Ltd Partnership has 0.43% invested in PepsiCo, Inc. (NYSE:PEP) for 188,388 shares. Coho Prtnrs holds 1,855 shares. (NYSE:PEP). Moreover, Court Place Advsrs Llc has 0.53% invested in PepsiCo, Inc. Highland Capital Mngmt Lp owns 30,000 shares or 0.15% of their USA portfolio. Cypress Mgmt Limited Com (Wy) reported 0% in Micron Technology, Inc. Seatown Holdings sold 76,760 shares as Coty Inc (COTY)'s stock declined 0.74%. Cleararc Capital holds 0.04% or 11,550 shares in its portfolio. Also, Chairman Indra K. Nooyi sold 452,830 shares of the firm's stock in a transaction on Tuesday, July 25th. Bartlett And Ltd Liability Corp holds 2.47% of its portfolio in PepsiCo, Inc. Four equity analysts rating the company a strong buy, eleven equity analysts rating the company a buy, eleven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $109.90. Therefore 50% are positive. BidaskClub downgraded Pepsico from a "buy" rating to a "hold" rating in a report on Saturday, July 1st. On Friday, April 28 TRUDELL CYNTHIA sold $337,775 worth of PepsiCo, Inc. The original version of this piece of content can be accessed at https://www.dispatchtribunal.com/2017/10/15/pepsico-inc-pep-given-buy-rating-at-susquehanna-bancshares-inc.html. (NYSE:PEP) has "Buy" rating given on Friday, July 8 by Deutsche Bank. As per Wednesday, October 7, the company rating was maintained by UBS. The firm has "Sector Perform" rating given on Wednesday, October 7 by RBC Capital Markets. More interesting news about PepsiCo, Inc. The firm has "Outperform" rating by Credit Suisse given on Friday, September 16. Jefferies maintained it with "Buy" rating and $133.0 target in Monday, September 18 report. (NYSE:PEP) earned "Hold" rating by Jefferies on Monday, October 2. The firm has "Overweight" rating by JP Morgan given on Tuesday, April 19. On Thursday, August 31 the stock rating was maintained by Jefferies with "Hold". The rating was maintained by Credit Suisse on Friday, April 28 with "Buy". As per Monday, April 18, the company rating was downgraded by Bank of America.
Pepsico, Inc. has a beta of 0.7, offering the possibility of a higher rate of return, but also posing more risk.
Raab & Moskowitz Asset Management Llc increased Ishares International Select Dividend Etf (IDV) stake by 66,634 shares to 93,911 valued at $3.10M in 2017Q2. (NASDAQ:MU). Westfield Mgmt Co Lp owns 1.44 million shares. Vanguard Total International Stock Etf (VXUS) was raised too.
On a similar note, analysts expect EPS of $1.31 in December 2017 quarter and $1.01 in March 2018 quarter, representing 9.17% and 7.45% growth, respectively. Its down 0.18, from 1.32 in 2017Q1. Noesis Capital Mangement Corporation invested in 3.95% or 89,333 shares. 55 funds opened positions while 113 raised stakes. 188.94 million shares or 14.20% more from 165.44 million shares in 2017Q1 were reported. The institutional investor owned 1,056,209 shares of the company's stock after selling 2,186 shares during the period. Strategic Global Advsr Lc stated it has 2,891 shares or 0.12% of all its holdings. (NYSE:PEP). Qci Asset Management has invested 1.97% in PepsiCo, Inc. 162,418 were accumulated by Sei Company. Kornitzer Cap Incorporated Ks holds 0.07% or 127,340 shares in its portfolio. Mutual Of America Lc, a New York-based fund reported 117,288 shares. Wg Shaheen And Assocs Dba Whitney And has invested 0.17% in PepsiCo, Inc. Sei Invests Com, a Pennsylvania-based fund reported 5,729 shares. Guardian Cap L P reported 0.11% stake.
Louisiana-Pacific Corporation is a manufacturer of building products. Horan Capital Advisors Llc who had been investing in Intl Paper Co for a number of months, seems to be less bullish one the $23.72 billion market cap company. The Company's products are used in home construction, fix and remodeling, and outdoor structures.