Big Money Are Crazy For Pepsico Inc (NYSE:PEP), Sentiment at 0.86

May 16, 2018 - By Nellie Rakes

PepsiCo, Inc. (NASDAQ:PEP) Corporate Logo

“Big money” Positions

“Big money sentiment for Pepsico Inc (NYSE:PEP) in 2017 Q4 decreased to 0.86, according to Securities and Exchange Commission filings. That’s down -0.08, from 2017Q3’s 0.94. 664 hedge funds started new and increased stock positions, while 775 cut down and sold their equity positions in Pepsico Inc so the sentiment is negative. Funds own 958.76 million shares, down from 964.87 million shares in 2017Q3. Funds holding Pepsico Inc in top 10 changed to 141 from 141 for the same number . 63 Investors Sold All; 712 Reduced Holdings; 542 increased holdings while 122 hedge funds bought holdings.

Most Pepsico Inc Shareholders

Yacktman Asset Management Lp owns 7.88 million shares in Pepsico Inc as of 2017 Q4. Pepsico Inc’s shareholder Lindsell Train Ltd owns 2.59 million shares as of 2017 Q4. Bislett Management Llc reported 120,000 shares. The Texas-based fund Ycg Llc have invested about 7.9% of the investment manager’s stock portfolio in Pepsico Inc. The New York-based fund United American Securities Inc. (D B A Uas Asset Management) looks positive on Pepsico Inc, possessing 131,128 shares.

PepsiCo, Inc. operates as a food and beverage firm worldwide.The company has $137.40 billion market cap. The Company’s Frito-Lay North America segment offers LayÂ’s and Ruffles potato chips; Doritos, Tostitos, and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips.The P/E ratio is 28.49. The companyÂ’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, CapÂ’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes.

Ticker’s shares touched $96.91 during the last trading session after 0.11% change.PepsiCo, Inc. has volume of 2.44M shares. Since May 16, 2017 PEP has declined 3.75% and is downtrending. PEP underperformed by 15.30% the S&P 500.

On July, 10 is expected PepsiCo, Inc. (NASDAQ:PEP)’s earnings report, Zacks reports. Analysts forecast $1.52 earnings per share. That’s $0.02 up or 1.33 % from 2017’s earnings of $1.5. PEP’s profit could hit $2.16 billion with 15.94 P/E in case $1.52 earnings per share is announced. Analysts at Wall Street see PepsiCo, Inc.’s 58.33 % EPS growth compared to $0.96 earnings per share for previous quarter.

First Quadrant Lp Ca, California-based fund reported 52,660 shs. Franklin Street Advsr Inc Nc holds 0.18% or 10,026 shs. Moreover, Greatmark Inv Prns has 0.47% invested in PepsiCo, Inc. (NASDAQ:PEP) for 10,922 shs. Security Natl Trust Co has 1.52% invested in PepsiCo, Inc. (NASDAQ:PEP) for 39,280 shs. Wealthcare Management Ltd Limited Liability Company holds 0.01% or 396 shs in its capital. Allen Limited reported 0.04% in PepsiCo, Inc. (NASDAQ:PEP). Markel Corp owns 145,600 shs. Hayek Kallen Invest Management invested in 27,608 shs or 2.17% of the stock. Westpac Corp invested in 0.25% or 92,666 shs. Wg Shaheen Assocs Dba Whitney has 0.14% invested in PepsiCo, Inc. (NASDAQ:PEP). Kentucky Retirement Ins Fund stated it has 0.76% in PepsiCo, Inc. (NASDAQ:PEP). Moreover, Rodgers Brothers has 0.5% invested in PepsiCo, Inc. (NASDAQ:PEP). Jbf Capital reported 21,000 shs stake. Excalibur Management Corp has invested 2.34% in PepsiCo, Inc. (NASDAQ:PEP). Newman Dignan Sheerar, Rhode Island-based fund reported 20,447 shs.

PepsiCo, Inc. (NASDAQ:PEP) Ratings Coverage

In total 11 analysts cover PepsiCo (NYSE:PEP). “Buy” rating has 4, “Sell” are 1, while 6 are “Hold”. 36% are bullish. 12 are the (NYSE:PEP)’s analyst reports since December 14, 2017 according to StockzIntelligence Inc. On Friday, April 27 Stifel Nicolaus maintained PepsiCo, Inc. (NASDAQ:PEP) rating. Stifel Nicolaus has “Hold” rating and $110 target. The company rating was maintained by Susquehanna on Monday, February 12. On Wednesday, February 14 the stock of PepsiCo, Inc. (NASDAQ:PEP) has “Overweight” rating given by JP Morgan. The stock rating was maintained by Stifel Nicolaus with “Hold” on Friday, December 22. On Tuesday, April 17 the firm earned “Sell” rating by Goldman Sachs. On Monday, January 8 the firm has “Buy” rating by Cowen & Co given. On Thursday, February 1 the rating was maintained by Credit Suisse with “Hold”. The stock rating was maintained by Jefferies with “Hold” on Thursday, January 4. In Wednesday, February 14 report Evercore downgraded the stock to “In-Line” rating. On Thursday, January 4 the firm earned “Hold” rating by Wells Fargo.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Investors Chart

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