Pepsico, Inc. (PEP) Shares Bought by Signature Financial Management Inc

Marco Green
November 14, 2017

Endeavour Capital Advisors Inc sold 106,276 shares as Bsb Bancorp Inc Md (BLMT)'s stock rose 3.40%.

Advisor Partners Llc increased Pepsico Inc. The stock rose 0.88% or $0.99 reaching $113.74. About 1.84 million shares traded. (NYSE:PEP) has risen 12.20% since November 14, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Ally Financial Inc, which manages about $504.59M US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 290,000 shares to 625,000 shares, valued at $16.88 million in 2017Q2, according to the filing. State of Wisconsin Investment Board now owns 1,440,520 shares of the company's stock valued at $161,137,000 after purchasing an additional 169,049 shares in the last quarter. Wedbush Securities Inc. now owns 17,247 shares of the company's stock worth $1,992,000 after purchasing an additional 2,922 shares during the period. (NYSE:PEP). Magnetar Financial Limited Com accumulated 53,691 shares or 0.11% of the stock. About 202,080 shares traded. Zacks Investment Research lowered shares of Pepsico from a "buy" rating to a "hold" rating in a research report on Monday, August 28th. Therefore 82% are positive. PepsiCo had 57 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:PEP) on Tuesday, April 19 with "Neutral" rating. Finally, Macquarie assumed coverage on Pepsico in a research note on Thursday, September 14th. The stock of Apple Inc. They set an "outperform" rating and a $125.00 price objective for the company. On Thursday, October 22 the stock rating was maintained by Susquehanna with "Buy". Credit Suisse has "Neutral" rating and $122 target. On Friday, November 3 the stock rating was maintained by Barclays Capital with "Hold". Ten analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. On Friday, July 8 the stock rating was maintained by UBS with "Buy". Jefferies maintained it with "Buy" rating and $133.0 target in Monday, September 18 report. Fin Counselors invested in 1.39% or 242,433 shares. Its up 0.04, from 0.64 in 2017Q1. It is positive, as 0 investors sold Novogen Limited (ADR) shares while 0 reduced holdings. 129 funds opened positions while 634 raised stakes. Cypress Asset Mngmt Inc Tx has 123,784 shares. Bnp Paribas Arbitrage, a New York-based fund reported 1.05 million shares. Litman Gregory Asset Mngmt Ltd Liability Company invested in 0.01% or 92 shares. Cedar Hill Lc invested in 2.56% or 85,413 shares.

Pepsico (NYSE:PEP) last announced its quarterly earnings results on Wednesday, October 4th. Tortoise Management Limited Liability Company owns 4,493 shares.

COPYRIGHT VIOLATION NOTICE: "HL Financial Services LLC Boosts Holdings in Pepsico, Inc". Altrinsic Global Advsr Limited Com holds 478,758 shares or 2% of its portfolio. (NYSE:PEP). Spears Abacus Advsrs Ltd Limited Liability Company holds 0.1% or 7,234 shares. Picton Mahoney Asset invested in 192,500 shares. The stock had a trading volume of 3,745,757 shares.

Since May 16, 2017, it had 0 buys, and 6 selling transactions for $22.49 million activity.

More notable recent PepsiCo, Inc. Stock Is at New Heights. The 1-year low was reported on Nov, 13 by Barchart.com. "Says It Never Planned to Include Touch ID on iPhone X" on November 08, 2017. More interesting news about PepsiCo, Inc.

Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.09, from 0.84 in 2017Q1.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. BidaskClub raised shares of Pepsico from a "hold" rating to a "buy" rating in a research report on Thursday, August 17th. (NYSE:PEP) for 44,516 shares. Page Arthur B owns 14,320 shares. North Point Port Managers Corporation Oh reported 134,428 shares stake. Mogy Joel R Invest Counsel invested 2.46% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 1.62M shares. Riverbridge Prns Lc owns 27,758 shares for 0.06% of their portfolio. Everett Harris & Ca, California-based fund reported 392,077 shares. The Massachusetts-based Choate Investment Advisors has invested 0% in PepsiCo, Inc. (NYSE:PEP) has "Buy" rating given on Wednesday, October 7 by Stifel Nicolaus. Yorktown Mngmt And invested in 2,200 shares. Royal Bank Of Canada reissued a "hold" rating on shares of Pepsico in a research report on Sunday. Credit Suisse maintained PepsiCo, Inc.

Analysts await DelMar Pharmaceuticals Inc (NASDAQ:DMPI) to report earnings on February, 9. The company reported $1.48 EPS for the quarter, beating the Zacks' consensus estimate of $1.43 by $0.05. PEP's profit will be $1.85 billion for 21.87 P/E if the $1.30 EPS becomes a reality.

In other Pepsico news, insider Ramon Laguarta sold 21,449 shares of the business's stock in a transaction that occurred on Tuesday, October 10th. It also increased its holding in Target Corp (NYSE:TGT) by 27,167 shares in the quarter, for a total of 35,316 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

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