S.A. Mason LLC Has $1.97 Million Stake in PepsiCo, Inc. (NASDAQ:PEP)

S.A. Mason LLC raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 31.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,106 shares of the company's stock after buying an additional 3,161 shares during the quarter. PepsiCo comprises 1.0% of S.A. Mason LLC's portfolio, making the stock its 18th biggest position. S.A. Mason LLC's holdings in PepsiCo were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PEP. Brighton Jones LLC grew its position in shares of PepsiCo by 12.4% in the 4th quarter. Brighton Jones LLC now owns 59,392 shares of the company's stock valued at $9,031,000 after purchasing an additional 6,574 shares during the period. Bank Pictet & Cie Europe AG lifted its stake in PepsiCo by 2.5% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 470,387 shares of the company's stock valued at $71,527,000 after buying an additional 11,538 shares in the last quarter. Pring Turner Capital Group Inc. boosted its holdings in shares of PepsiCo by 29.3% in the fourth quarter. Pring Turner Capital Group Inc. now owns 1,545 shares of the company's stock valued at $235,000 after buying an additional 350 shares during the period. Pine Valley Investments Ltd Liability Co raised its holdings in shares of PepsiCo by 16.3% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 44,626 shares of the company's stock worth $6,808,000 after acquiring an additional 6,252 shares during the period. Finally, CWS Financial Advisors LLC lifted its position in PepsiCo by 6.0% in the 4th quarter. CWS Financial Advisors LLC now owns 11,140 shares of the company's stock valued at $1,694,000 after acquiring an additional 631 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Price Performance

Shares of PEP opened at $131.05 on Wednesday. The company has a market cap of $179.68 billion, a price-to-earnings ratio of 19.27, a PEG ratio of 3.71 and a beta of 0.45. The company has a current ratio of 0.83, a quick ratio of 0.65 and a debt-to-equity ratio of 2.13. The company's fifty day simple moving average is $132.60 and its 200 day simple moving average is $143.54. PepsiCo, Inc. has a 1-year low of $127.75 and a 1-year high of $180.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $1.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.49 by ($0.01). PepsiCo had a net margin of 10.24% and a return on equity of 58.28%. The firm had revenue of $17.92 billion during the quarter, compared to the consensus estimate of $17.81 billion. During the same period in the previous year, the company posted $1.61 earnings per share. The firm's revenue for the quarter was down 1.8% compared to the same quarter last year. On average, research analysts forecast 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 will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be given a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.34%. This is a boost from PepsiCo's previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, June 6th. PepsiCo's dividend payout ratio (DPR) is presently 83.68%.

Analyst Ratings Changes

PEP has been the subject of a number of research reports. Dbs Bank cut PepsiCo from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Bank of America decreased their price objective on PepsiCo from $155.00 to $150.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Citigroup cut their target price on PepsiCo from $170.00 to $160.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Morgan Stanley decreased their price target on shares of PepsiCo from $168.00 to $153.00 and set an "equal weight" rating for the company in a research note on Friday, April 25th. Finally, Barclays cut their price objective on shares of PepsiCo from $143.00 to $135.00 and set an "equal weight" rating on the stock in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $159.75.

PepsiCo Company 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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