Investor s Fiduciary Advisor Network LLC Buys Shares of 5,280 PepsiCo, Inc. (NASDAQ:PEP)

Investor s Fiduciary Advisor Network LLC purchased a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,280 shares of the company's stock, valued at approximately $802,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Collier Financial purchased a new position in PepsiCo during the fourth quarter valued at approximately $28,000. WealthTrak Capital Management LLC acquired a new stake in shares of PepsiCo during the 4th quarter worth about $28,000. Creative Capital Management Investments LLC purchased a new position in PepsiCo during the 4th quarter valued at about $30,000. Prudent Man Investment Management Inc. purchased a new position in PepsiCo during the 4th quarter valued at about $30,000. Finally, Summit Securities Group LLC purchased a new position in PepsiCo in the 4th quarter valued at $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Stock Performance

PEP stock traded up $1.40 during trading on Thursday, reaching $129.85. The company had a trading volume of 900,763 shares, compared to its average volume of 6,322,294. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. PepsiCo, Inc. has a twelve month low of $127.87 and a twelve month high of $183.41. The firm has a 50-day simple moving average of $142.28 and a 200-day simple moving average of $150.16. The company has a market cap of $178.03 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced 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). The business had revenue of $17.92 billion for the quarter, compared to analyst estimates of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The company's revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period last year, the firm earned $1.61 EPS. As a group, sell-side analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Increases Dividend

The firm also recently announced 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 an increase from PepsiCo's previous quarterly dividend of $1.36. This represents a $5.69 annualized dividend and a yield of 4.38%. The ex-dividend date of this dividend is Friday, June 6th. PepsiCo's dividend payout ratio (DPR) is 83.68%.

Wall Street Analyst Weigh In

A number of research firms have commented on PEP. CICC Research reiterated a "market perform" rating on shares of PepsiCo in a research report on Friday, February 7th. Morgan Stanley lowered their target price on PepsiCo from $168.00 to $153.00 and set an "equal weight" rating for the company in a research note on Friday, April 25th. BNP Paribas reduced their price objective on PepsiCo from $162.00 to $160.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Bank of America lowered their price target on PepsiCo from $155.00 to $150.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. Finally, HSBC reduced 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. One investment 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. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $160.69.

About PepsiCo

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.