PepsiCo, Inc. (NASDAQ:PEP) is Members Capital Advisors Inc.'s 8th Largest Position

Members Capital Advisors Inc. cut its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 89.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,532 shares of the company's stock after selling 13,485 shares during the quarter. PepsiCo accounts for about 0.7% of Members Capital Advisors Inc.'s portfolio, making the stock its 8th largest holding. Members Capital Advisors Inc.'s holdings in PepsiCo were worth $260,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Amplius Wealth Advisors LLC raised its position in PepsiCo by 2.8% during the 4th quarter. Amplius Wealth Advisors LLC now owns 2,241 shares of the company's stock worth $381,000 after buying an additional 60 shares during the last quarter. Darwin Wealth Management LLC grew its stake in shares of PepsiCo by 2.7% during the 3rd quarter. Darwin Wealth Management LLC now owns 2,345 shares of the company's stock worth $397,000 after purchasing an additional 61 shares during the period. Sugarloaf Wealth Management LLC grew its stake in shares of PepsiCo by 2.6% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 2,420 shares of the company's stock worth $411,000 after purchasing an additional 61 shares during the period. Beacon Financial Advisory LLC grew its stake in shares of PepsiCo by 3.1% during the 3rd quarter. Beacon Financial Advisory LLC now owns 2,135 shares of the company's stock worth $362,000 after purchasing an additional 65 shares during the period. Finally, Pathway Financial Advisors LLC grew its stake in shares of PepsiCo by 4.5% during the 3rd quarter. Pathway Financial Advisors LLC now owns 1,506 shares of the company's stock worth $255,000 after purchasing an additional 65 shares during the period. 73.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on PEP shares. Royal Bank of Canada reissued a "sector perform" rating and issued a $180.00 price target on shares of PepsiCo in a research note on Monday, February 12th. Wedbush reaffirmed an "outperform" rating and set a $195.00 target price on shares of PepsiCo in a research note on Tuesday. Barclays lifted their target price on shares of PepsiCo from $183.00 to $184.00 and gave the stock an "overweight" rating in a research note on Friday, April 12th. Jefferies Financial Group lifted their target price on shares of PepsiCo from $199.00 to $209.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. Finally, StockNews.com cut shares of PepsiCo from a "buy" rating to a "hold" rating in a research note on Monday, February 12th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $187.33.

PepsiCo Trading Up 3.6 %

PEP traded up $6.19 on Wednesday, hitting $177.41. The company had a trading volume of 10,011,958 shares, compared to its average volume of 5,852,656. The firm has a market cap of $243.85 billion, a P/E ratio of 27.00, a PEG ratio of 2.77 and a beta of 0.53. PepsiCo, Inc. has a 1 year low of $155.83 and a 1 year high of $196.88. The company's fifty day moving average price is $169.04 and its 200 day moving average price is $167.70. The company has a current ratio of 0.85, a quick ratio of 0.68 and a debt-to-equity ratio of 2.02.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.09. The firm had revenue of $18.25 billion for the quarter, compared to analyst estimates of $18.08 billion. PepsiCo had a net margin of 9.92% and a return on equity of 58.03%. PepsiCo's revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.50 EPS. As a group, equities analysts expect that PepsiCo, Inc. will post 8.15 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Friday, March 1st were given a dividend of $1.265 per share. This represents a $5.06 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date was Thursday, February 29th. PepsiCo's dividend payout ratio is presently 77.02%.

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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