1,455,329 Shares in PepsiCo, Inc. (NASDAQ:PEP) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,455,329 shares of the company's stock, valued at approximately $221,297,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.11% of PepsiCo as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Ossiam boosted its position in PepsiCo by 138.9% in the fourth quarter. Ossiam now owns 73,604 shares of the company's stock valued at $11,192,000 after buying an additional 42,793 shares in the last quarter. OMERS ADMINISTRATION Corp grew its holdings in shares of PepsiCo by 12.1% during 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 last quarter. Hutner Capital Management Inc. increased its stake in shares of PepsiCo by 14.6% in the fourth quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company's stock valued at $8,178,000 after buying an additional 6,865 shares during the period. Polar Asset Management Partners Inc. acquired a new stake in PepsiCo during the 4th quarter worth approximately $47,899,000. Finally, WCM Investment Management LLC grew its holdings in PepsiCo by 147.6% during the 4th quarter. WCM Investment Management LLC now owns 14,692 shares of the company's stock worth $2,229,000 after acquiring an additional 8,759 shares during the last quarter. 73.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. BNP Paribas cut their price target on shares of PepsiCo from $162.00 to $160.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Barclays cut their target price on PepsiCo from $143.00 to $135.00 and set an "equal weight" rating on the stock in a report on Monday, April 28th. HSBC lowered their price objective on PepsiCo from $186.00 to $170.00 and set a "hold" rating for the company in a research report on Tuesday, February 4th. 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 report on Monday, April 21st. Finally, Dbs Bank downgraded PepsiCo from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, PepsiCo currently has a consensus rating of "Hold" and an average target price of $160.69.

PepsiCo Stock Up 1.6%

NASDAQ:PEP traded up $2.03 on Tuesday, hitting $131.37. The stock had a trading volume of 13,960,301 shares, compared to its average volume of 6,503,657. The business's fifty day moving average is $139.16 and its 200 day moving average is $147.95. The company has a market cap of $180.12 billion, a PE ratio of 18.90, a P/E/G ratio of 3.09 and a beta of 0.47. 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, Inc. has a 52 week low of $127.75 and a 52 week high of $180.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly 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). The firm had revenue of $17.92 billion during the quarter, compared to the consensus estimate of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The firm's revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.61 EPS. On average, equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be issued a dividend of $1.4225 per share. 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 yield of 4.33%. The ex-dividend date is Friday, June 6th. PepsiCo's payout ratio is currently 83.68%.

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.