PepsiCo (NASDAQ:PEP) Stock Price Up 0.1%

PepsiCo, Inc. (NASDAQ:PEP - Get Free Report) shares traded up 0.1% on Friday . The company traded as high as $173.51 and last traded at $172.37. 1,627,582 shares changed hands during trading, a decline of 71% from the average session volume of 5,665,606 shares. The stock had previously closed at $172.27.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of PepsiCo from $181.00 to $184.00 and gave the stock a "hold" rating in a research note on Friday, February 9th. Jefferies Financial Group upped their target price on shares of PepsiCo from $199.00 to $209.00 and gave the company a "buy" rating in a research note on Friday, April 5th. Citigroup raised shares of PepsiCo from a "neutral" rating to a "buy" rating and upped their target price for the company from $180.00 to $195.00 in a research note on Monday, February 12th. Wedbush reaffirmed an "outperform" rating and issued a $195.00 target price on shares of PepsiCo in a research note on Friday, February 9th. Finally, Argus cut shares of PepsiCo from a "buy" rating to a "hold" rating in a report on Wednesday, April 3rd. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $186.92.

PepsiCo Trading Up 1.1 %

The firm's 50-day moving average is $168.55 and its 200 day moving average is $167.42. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 2.02. The firm has a market capitalization of $239.34 billion, a price-to-earnings ratio of 26.36, a P/E/G ratio of 2.66 and a beta of 0.53.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings results on Friday, February 9th. The company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.06. PepsiCo had a net margin of 9.92% and a return on equity of 58.03%. The firm had revenue of $27.84 billion during the quarter, compared to analyst estimates of $28.40 billion. During the same quarter last year, the business earned $1.67 EPS. The company's revenue was down .6% compared to the same quarter last year. On average, equities analysts predict that PepsiCo, Inc. will post 8.15 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 1st were issued a dividend of $1.265 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $5.06 annualized dividend and a yield of 2.91%. PepsiCo's payout ratio is 77.02%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. LFA Lugano Financial Advisors SA raised its holdings in PepsiCo by 80.5% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 157 shares of the company's stock worth $27,000 after buying an additional 70 shares during the last quarter. Fortis Group Advisors LLC grew its position in PepsiCo by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 194 shares of the company's stock valued at $33,000 after buying an additional 97 shares during the period. Life Planning Partners Inc bought a new position in PepsiCo during the fourth quarter valued at about $34,000. Kathleen S. Wright Associates Inc. bought a new position in PepsiCo during the first quarter valued at about $35,000. Finally, Naples Money Management LLC bought a new position in PepsiCo during the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 73.07% of the company's stock.

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.