Banque de Luxembourg S.A. Makes New Investment in PepsiCo, Inc. (NASDAQ:PEP)

Banque de Luxembourg S.A. purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,582 shares of the company's stock, valued at approximately $394,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ossiam increased its holdings in PepsiCo by 138.9% during the 4th quarter. Ossiam now owns 73,604 shares of the company's stock worth $11,192,000 after purchasing an additional 42,793 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of PepsiCo by 104.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,705,574 shares of the company's stock worth $259,350,000 after buying an additional 870,451 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV raised its holdings in PepsiCo by 12.8% in the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 41,580 shares of the company's stock valued at $6,323,000 after acquiring an additional 4,712 shares in the last quarter. Hutner Capital Management Inc. grew its holdings in PepsiCo by 14.6% during the 4th quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company's stock worth $8,178,000 after acquiring an additional 6,865 shares in the last quarter. Finally, Guinness Asset Management LTD increased its position in shares of PepsiCo by 5.2% in the 4th quarter. Guinness Asset Management LTD now owns 1,236,788 shares of the company's stock worth $188,031,000 after purchasing an additional 61,541 shares during the last quarter. Hedge funds and other institutional investors own 73.07% of the company's stock.

PepsiCo Stock Performance

PEP stock traded down $1.76 during trading on Monday, reaching $131.99. 8,967,952 shares of the company's stock were exchanged, compared to its average volume of 6,235,703. PepsiCo, Inc. has a 1-year low of $131.52 and a 1-year high of $183.41. The firm has a market cap of $180.97 billion, a PE ratio of 18.99, a P/E/G ratio of 3.09 and a beta of 0.47. The company's fifty day moving average price is $145.55 and its 200-day moving average price is $151.92. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.01). The company had revenue of $17.92 billion during the quarter, compared to analyst estimates of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business's revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.61 EPS. On average, research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a dividend of $1.355 per share. The ex-dividend date was Friday, March 7th. This represents a $5.42 annualized dividend and a yield of 4.11%. PepsiCo's payout ratio is 79.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PEP shares. Citigroup decreased their price target on PepsiCo from $170.00 to $160.00 and set a "buy" rating for the company in a research note on Friday, April 25th. UBS Group lowered their price target on PepsiCo from $175.00 to $169.00 and set a "buy" rating for the company in a report on Friday, April 25th. JPMorgan Chase & Co. raised their price objective on PepsiCo from $158.00 to $159.00 and gave the stock a "neutral" rating in a research note on Monday, April 21st. CICC Research reissued a "market perform" rating on shares of PepsiCo in a report on Friday, February 7th. Finally, BNP Paribas reduced their price target on shares of PepsiCo from $162.00 to $160.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $160.69.

PepsiCo Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.