PepsiCo, Inc. (NASDAQ:PEP) Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 152.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,576 shares of the company's stock after acquiring an additional 49,243 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in PepsiCo were worth $12,405,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of PEP. WealthTrak Capital Management LLC purchased a new stake in shares of PepsiCo in the fourth quarter valued at approximately $28,000. Collier Financial purchased a new stake in shares of PepsiCo in the fourth quarter valued at approximately $28,000. Creative Capital Management Investments LLC purchased a new stake in shares of PepsiCo in the fourth quarter valued at approximately $30,000. Prudent Man Investment Management Inc. purchased a new stake in shares of PepsiCo during the fourth quarter worth approximately $30,000. Finally, Measured Risk Portfolios Inc. purchased a new stake in shares of PepsiCo during the fourth quarter worth approximately $31,000. 73.07% of the stock is owned by institutional investors and hedge funds.

PepsiCo Stock Performance

NASDAQ PEP opened at $131.80 on Wednesday. The stock has a market cap of $180.71 billion, a PE ratio of 18.96, a P/E/G ratio of 3.09 and a beta of 0.47. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05. PepsiCo, Inc. has a twelve month low of $127.87 and a twelve month high of $182.13. The stock has a fifty day simple moving average of $140.72 and a 200-day simple moving average of $149.07.

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

PepsiCo Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be paid a dividend of $1.4225 per share. This is a positive change from PepsiCo's previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.69 annualized dividend and a yield of 4.32%. PepsiCo's dividend payout ratio is presently 83.68%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. HSBC dropped their price target on PepsiCo from $186.00 to $170.00 and set a "hold" rating for the company in a research report on Tuesday, February 4th. Barclays dropped their price target on PepsiCo from $143.00 to $135.00 and set an "equal weight" rating for the company in a research report on Monday, April 28th. CICC Research reiterated a "market perform" rating on shares of PepsiCo in a research report on Friday, February 7th. Morgan Stanley dropped their price target on PepsiCo from $168.00 to $153.00 and set an "equal weight" rating for the company in a research report on Friday, April 25th. Finally, BNP Paribas dropped their price target on PepsiCo from $162.00 to $160.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average 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.

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