Pepsico Inc (NYSE:PEP) Q3 2017 Sentiment

Marco Green
January 13, 2018

Asset Management Group Inc who had been investing in Pepsico for a number of months, seems to be less bullish one the $166.93 billion market cap company. The stock increased 0.66% or $0.33 during the last trading session, reaching $50.13. About 165,307 shares traded. The RSI for Pepsico, Inc.(NYSE:PEP) now stands at 51.48. It has outperformed by 22.97% the S&P500.

Texan Capital Management increased Pepsico Inc (PEP) stake by 115.07% reported in 2017Q3 SEC filing. Montrusco Bolton Investments Inc. now owns 76,008 shares of the company's stock valued at $9,115,000 after purchasing an additional 12,217 shares during the last quarter. The company had a trading volume of 4,335,547 shares, compared to its average volume of 3,993,283. Ternium S.A. (NYSE:TX) has risen 39.67% since January 13, 2017 and is uptrending. It has underperformed by 4.50% the S&P500. On Monday, September 11 the insider Khatibi Alex A sold $440,000. Gallagher Marie T. sold $4.84M worth of stock or 41,489 shares. Mondrian Partners holds 300 shares. Jefferies maintained Pepsico, Inc.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.20, from 1.52 in 2017Q2. 30 funds opened positions while 80 raised stakes. Partnervest Advisory Services Limited Company holds 1.53% in Pepsico, Inc. Gabalex Capital Management Llc, a New York-based fund reported 225,000 shares.#img1#. (NASDAQ:PINC). Covington Cap Management, a California-based fund reported 118 shares. Strs Ohio invested in 9,400 shares. Tower Rech Lc (Trc) has invested 0% of its portfolio in Premier, Inc. Mawer Mgmt Ltd holds 0.97% in Pepsico, Inc. Bremer Association owns 6,328 shares for 0.2% of their portfolio. Jane Street Group Ltd Llc has 32,626 shares. Therefore 47% are positive. Premier had 37 analyst reports since August 25, 2015 according to SRatingsIntel. (NASDAQ:PEP) earned "Buy" rating by Credit Suisse on Friday, April 28. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, April 19 report. The stock has "Buy" rating by Vetr on Thursday, August 27. The firm has "Buy" rating given on Tuesday, August 22 by Oppenheimer. The firm has "Neutral" rating given on Thursday, October 5 by Credit Suisse. As per Wednesday, July 26, the company rating was maintained by Morgan Stanley. (NASDAQ:PINC) has "Outperform" rating given on Wednesday, October 7 by Oppenheimer. On Thursday, October 12 the stock rating was maintained by Stifel Nicolaus with "Hold". Citigroup has "Neutral" rating and $110 target.

Analysts await Pepsico, Inc. Nelson Roberts Inv Advisors Ltd Liability accumulated 0.07% or 1,067 shares. PEP's profit will be $1.85 billion for 22.48 P/E if the $1.30 EPS becomes a reality. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16 % negative EPS growth.

Since August 7, 2017, it had 0 buys, and 2 insider sales for $7.21 million activity. Wharton Business Lc stated it has 0.05% of its portfolio in Pepsico, Inc. LGT Capital Partners LTD. now owns 177,753 shares of the company's stock valued at $21,316,000 after purchasing an additional 3,780 shares during the last quarter.

Ratings analysis reveals 40% of PepsiCo's analysts are positive. PEP was included in 62 notes of analysts from July 21, 2015. The firm has "Buy" rating by UBS given on Wednesday, October 7. 91,683 are held by Pinnacle Associates Ltd. Dupont Capital Management Corporation invested in 0.37% or 145,410 shares. RBC Capital Markets maintained the shares of PEP in report on Friday, March 24 with "Hold" rating. The rating was maintained by Jefferies on Thursday, July 6 with "Buy". (NYSE:EGP) has "Hold" rating given on Monday, October 23 by KeyBanc Capital Markets. Pure Financial Advisors Inc. purchased a new stake in Pepsico during the 4th quarter worth about $295,000. The stock has "Neutral" rating by Nomura on Monday, November 23.

PepsiCo, Inc. operates as a food and beverage firm worldwide. (NASDAQ:PEP). 2,373 are owned by Valmark Advisers. Its up 0.19, from 0.75 in 2017Q2.

A number of institutional investors and hedge funds have recently bought and sold shares of PEP. Peloton Wealth Strategists reported 22,900 shares or 1.97% of all its holdings. Corda Invest Mngmt Limited Liability Co holds 154,611 shares. Edgestream Ptnrs Limited Partnership has invested 0.85% in Pepsico, Inc. (NASDAQ:PEP). Dean Investment Ltd Company has 33,627 shares for 0.57% of their portfolio. (NYSE:PEP) by 31.7% during the third quarter, according to its most recent filing with the SEC. (NASDAQ:PEP). Bush Odonnell Investment Advsrs Inc stated it has 5.15% of its portfolio in Pepsico, Inc. Moreover, Bank & Trust Of Montreal Can has 0.48% invested in Pepsico, Inc. (NASDAQ:PEP). Triangle Securities Wealth accumulated 1.22% or 18,434 shares. (NASDAQ:PEP). R G Niederhoffer Mngmt holds 5.09% or 7,100 shares. Ipg Invest Limited Liability Company has invested 0.26% in Yelp Inc. (NASDAQ:PEP). Jbf Capital has invested 0.27% in Pepsico, Inc. Loomis Sayles LP has 701,935 shares. Banque Pictet & Cie Sa reported 1.36M shares. Middleton Inc Ma invested 0.14% of its portfolio in 3M Company (NYSE:MMM). The company was maintained on Tuesday, April 19 by Citigroup. The Beaumont Financial Partners Llc holds 74,903 shares with $8.35 million value, down from 77,663 last quarter. First Citizens Bank & Trust Co. increased its stake in Pepsico by 49.9% during the fourth quarter.

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