Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. Raises Position in PepsiCo, Inc. (NASDAQ:PEP)

Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. boosted its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 1,138.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 48,298 shares of the company's stock after purchasing an additional 44,397 shares during the period. PepsiCo comprises approximately 1.5% of Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s investment portfolio, making the stock its 21st biggest position. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A.'s holdings in PepsiCo were worth $7,242,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of PEP. Asset Management One Co. Ltd. increased its holdings in PepsiCo by 3.6% in the first quarter. Asset Management One Co. Ltd. now owns 630,906 shares of the company's stock worth $94,598,000 after purchasing an additional 21,859 shares in the last quarter. Ossiam increased its stake in shares of PepsiCo by 138.9% in the 4th quarter. Ossiam now owns 73,604 shares of the company's stock valued at $11,192,000 after acquiring an additional 42,793 shares in the last quarter. Graybill Wealth Management LTD. acquired a new position in shares of PepsiCo during the 1st quarter valued at $3,633,000. OMERS ADMINISTRATION Corp grew its holdings in PepsiCo by 12.1% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 124,797 shares of the company's stock worth $18,977,000 after purchasing an additional 13,461 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in PepsiCo by 2.3% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 270,938 shares of the company's stock valued at $40,624,000 after purchasing an additional 6,112 shares in the last quarter. 73.07% of the stock is owned by institutional investors.

PepsiCo Trading Up 3.1%

PEP traded up $4.34 during midday trading on Tuesday, reaching $146.04. 8,203,216 shares of the company's stock traded hands, compared to its average volume of 7,258,627. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. PepsiCo, Inc. has a 52 week low of $127.60 and a 52 week high of $180.91. The stock has a market capitalization of $199.94 billion, a price-to-earnings ratio of 26.60, a P/E/G ratio of 4.34 and a beta of 0.45. The firm has a fifty day moving average of $132.23 and a two-hundred day moving average of $141.04.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The company reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. The business had revenue of $22.73 billion for the quarter, compared to analysts' expectations of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The business's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.28 earnings per share. On average, equities analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 6th were paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 3.90%. The ex-dividend date was Friday, June 6th. This is a boost from PepsiCo's previous quarterly dividend of $1.36. PepsiCo's dividend payout ratio is 103.64%.

Wall Street Analysts Forecast Growth

PEP has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of PepsiCo in a research report on Thursday, July 17th. Dbs Bank cut PepsiCo from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. Royal Bank Of Canada restated a "sector perform" rating and set a $148.00 price target on shares of PepsiCo in a research report on Tuesday, June 24th. Wells Fargo & Company raised their price target on shares of PepsiCo from $140.00 to $154.00 and gave the stock an "equal weight" rating in a research note on Friday. Finally, Bank of America dropped their price objective on PepsiCo from $150.00 to $145.00 and set a "neutral" rating on the stock in a research note on Friday, July 11th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $158.73.

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.