Analyst's Rankings to Lookout: Pepsico, Inc. (PEP), Conduent Incorporated (CNDT)

Marco Green
October 21, 2017

Zacks Investment Research upgraded shares of Pepsico, Inc.

Arvest Trust Company decreased Pepsico Inc (PEP) stake by 49.75% reported in 2017Q2 SEC filing. The legal version of this piece of content can be viewed at https://www.truebluetribune.com/2017/10/20/pepsico-inc-pep-shares-sold-by-kornitzer-capital-management-inc-ks.html. Inc. now owns 1,270 shares of the company's stock worth $142,000 after purchasing an additional 165 shares during the last quarter. Constellation Brands Inc now has $41.54 billion valuation. The stock increased 0.63% or $0.71 during the last trading session, reaching $112.67. Another trade for 20,000 shares valued at $86,400 was bought by NEELS GUIDO J. The insider Lemaitre Dan bought 22,522 shares worth $99,772.

Pepsico (NYSE:PEP) last posted its quarterly earnings data on Wednesday, October 4th. It has outperformed by 3.08% the S&P500. Professional Advisory Service stated it has 4.23% in PepsiCo, Inc. It has a 65.31 P/E ratio. The Firm operates through six divisions: Frito-Lay North America, Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA). (NYSE:PEP) news were published by: Nasdaq.com which released: "Exane Derivatives Buys UBS Group AG, PepsiCo Inc, TechnipFMC PLC, Sells ..." on October 19, 2017, also Seekingalpha.com with their article: "Two Buys: PepsiCo And Qualcomm" published on October 18, 2017, Seekingalpha.com published: "PepsiCo: A Better Dividend Stock" on October 09, 2017. Therefore 63% are positive. PepsiCo had 56 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs downgraded Whirlpool Corporation (NYSE:WHR) on Friday, January 27 to "Neutral" rating. RBC Capital Markets maintained the stock with "Outperform" rating in Tuesday, May 10 report. The stock has an average rating of Buy and a consensus price target of $121.35. S&P Research has "Hold" rating and $103 target. The firm has "Hold" rating by Canaccord Genuity given on Monday, September 25. The firm has "Outperform" rating given on Thursday, October 29 by RBC Capital Markets. The rating was maintained by Susquehanna with "Buy" on Thursday, July 6. JP Morgan maintained PepsiCo, Inc. The rating was maintained by Cowen & Co with "Buy" on Thursday, August 10. The company was maintained on Thursday, March 23 by BMO Capital Markets. Its down 0.09, from 0.84 in 2017Q1. About 1.44M shares traded. 117 funds opened positions while 502 raised stakes. The company reported $1.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.43 by $0.05. Piershale Financial Group Inc. raised its stake in PepsiCo by 0.4% in the second quarter. (NYSE:PEP) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. Caldwell Orkin has invested 3.65% in PepsiCo, Inc. Ifrah Financial Services stated it has 7,418 shares. (NYSE:PEP) for 71,162 shares. Buffington Mohr Mcneal has invested 0.98% in PepsiCo, Inc. Hemenway Trust Limited Liability Com has invested 0.23% in PepsiCo, Inc. (NYSE:PEP). Amg Funds Limited Liability Company, a Connecticut-based fund reported 9,679 shares. It also reduced Paypal Holdings Inc stake by 7,533 shares and now owns 42,286 shares. Sigma Counselors owns 3,228 shares for 0.06% of their portfolio. Telos Capital Mngmt Inc stated it has 1.27% of its portfolio in PepsiCo, Inc. (NYSE:PEP). Bb&T holds 463,933 shares or 1.06% of its portfolio. Strategic Wealth Gru Limited Company holds 12,207 shares or 0.2% of its portfolio.

Since April 28, 2017, it had 0 insider buys, and 1 insider sale for $337,775 activity. Shares for $337,775 were sold by TRUDELL CYNTHIA. Stifel Nicolaus maintained the shares of PEP in report on Thursday, October 12 with "Hold" rating. Vanguard Group Inc. now owns 112,083,751 shares of the company's stock valued at $12,944,553,000 after buying an additional 2,635,738 shares during the last quarter.

Investors sentiment decreased to 0.75 in 2017 Q2. Its down 0.26, from 1.14 in 2017Q1. It dived, as 44 investors sold PEP shares while 778 reduced holdings. 17 funds opened positions while 51 raised stakes. Morgan Stanley stated it has 129,597 shares or 0% of all its holdings. Kidder Stephen W accumulated 47,055 shares or 2.06% of the stock. 4,867 are held by Prentiss Smith And. Following the completion of the transaction, the chief executive officer now directly owns 733,315 shares of the company's stock, valued at $85,372,532.30. Regal Investment Advisors Limited Liability holds 0.8% or 28,010 shares in its portfolio. Pineno Levin Ford Asset Mngmt Inc reported 42,809 shares stake. The stock decreased 0.21% or $0.24 during the last trading session, reaching $111.95. Commerzbank Aktiengesellschaft Fi invested in 26,043 shares. Citigroup has invested 0% of its portfolio in Endologix, Inc. The institutional investor held 135,000 shares of the consumer non-durables company at the end of 2017Q2, valued at $15.59 million, down from 140,000 at the end of the previous reported quarter. Sun Life Finance stated it has 0.03% of its portfolio in Constellation Brands, Inc. Chemung Canal holds 1.91% of its portfolio in PepsiCo, Inc. Ar Asset Management holds 2.05% or 43,609 shares. Stoneridge Limited Liability Company reported 37,743 shares. Lakeview Capital Ltd Company invested in 1,074 shares or 0.17% of the stock. (NYSE:PEP) were released by: Fool.com and their article: "Best Buy: The Coca-Cola Co vs. PepsiCo, Inc. vs. Procter & Gamble Co" published on September 24, 2017 as well as Seekingalpha.com's news article titled: "PepsiCo: Q3 In Line With Expectations" with publication date: October 05, 2017. Therefore 33% are positive. The firm has "Buy" rating by Cowen & Co given on Tuesday, September 5. The stock has "Buy" rating by UBS on Wednesday, October 7. The firm has "Hold" rating by HSBC given on Wednesday, February 1. Barclays Capital maintained Constellation Brands, Inc. The rating was reinitiated by JP Morgan on Monday, April 4 with "Overweight".

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