PepsiCo, Inc. (NASDAQ:PEP) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,317,520 shares of the company's stock after acquiring an additional 416,537 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.83% of PepsiCo worth $1,720,942,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PEP. Ossiam increased its stake 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 buying an additional 42,793 shares during the period. OMERS ADMINISTRATION Corp increased its stake in PepsiCo by 12.1% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 124,797 shares of the company's stock worth $18,977,000 after buying an additional 13,461 shares during the period. Hutner Capital Management Inc. increased its stake 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 buying an additional 6,865 shares during the period. 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. Finally, Polar Asset Management Partners Inc. acquired a new stake in shares of PepsiCo in the 4th quarter valued at about $47,899,000. Institutional investors and hedge funds own 73.07% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on PEP shares. UBS Group decreased their price target on PepsiCo from $175.00 to $169.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Wall Street Zen downgraded PepsiCo from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Barclays lowered their price target on PepsiCo from $143.00 to $135.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Citigroup lowered their price target on PepsiCo from $170.00 to $160.00 and set a "buy" rating for the company in a report on Friday, April 25th. Finally, Morgan Stanley decreased their price objective on shares of PepsiCo from $168.00 to $153.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, PepsiCo currently has a consensus rating of "Hold" and a consensus target price of $160.69.

PepsiCo Stock Performance

NASDAQ PEP traded down $0.78 on Friday, hitting $129.34. The stock had a trading volume of 8,116,528 shares, compared to its average volume of 6,461,549. PepsiCo, Inc. has a one year low of $127.75 and a one year high of $180.91. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. The stock has a market cap of $177.34 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 3.09 and a beta of 0.47. The company's 50-day moving average is $139.53 and its two-hundred day moving average is $148.42.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $1.48 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 during the quarter, compared to the consensus estimate of $17.81 billion. During the same quarter last year, the company posted $1.61 EPS. PepsiCo's revenue for the quarter was down 1.8% on a year-over-year basis. On average, analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be paid a $1.4225 dividend. This is a positive change from PepsiCo's previous quarterly dividend of $1.36. This represents a $5.69 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend is Friday, June 6th. PepsiCo's dividend payout ratio is currently 83.68%.

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.