Investors Buy Pepsico (PEP) on Weakness

Lloyd Doyle
January 13, 2018

The firm has "Overweight" rating given on Tuesday, March 21 by JP Morgan. The stock of NVR, Inc. (NYSE:TRV) on Monday, September 25 with "Buy" rating. Panmure Gordon maintained the shares of SUS in report on Wednesday, August 5 with "Buy" rating. On Friday, August 5 the stock rating was maintained by Shore Capital with "Buy". They set an "equal weight" rating and a $102.00 price objective on the stock. Nomura upgraded the stock to "Neutral" rating in Monday, November 23 report. The rating was maintained by Goldman Sachs with "Neutral" on Wednesday, June 29.

Bridgewater Associates Lp increased Pepsico Inc (PEP) stake by 1045.18% reported in 2017Q3 SEC filing. The institutional investor held 21,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.34 million, up from 500 at the end of the previous reported quarter. Jbf Capital Inc who had been investing in Pepsico Inc Cmn for a number of months, seems to be bullish on the $166.22 billion market cap company. The stock has been active on the tape, now trading at $116.88, down from yesterday's close by -0.51%. About 88.78 million shares traded or 10.29% up from the average. It has underperformed by 4.50% the S&P500.

Since August 7, 2017, it had 0 insider buys, and 2 insider sales for $7.21 million activity. (NASDAQ:PEP) or 27,367 shares. The insider Gallagher Marie T. sold 41,489 shares worth $4.84 million. Ten research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Therefore 40% are positive.

Pepsico (NASDAQ:PEP) had its price objective lifted by stock analysts at Wells Fargo & Co from $110.00 to $115.00 in a report issued on Thursday, January 4th. Cim Inv Mangement Inc invested in 71,923 shares or 0.63% of the stock. The rating was initiated by Credit Suisse on Friday, September 16 with "Outperform". The rating was maintained by RBC Capital Markets with "Hold" on Friday, May 26.

More notable recent Pepsico, Inc. (NASDAQ:PEP) rating on Monday, January 8. The rating was maintained by Deutsche Bank with "Buy" on Friday, July 8. On Monday, December 4 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Shore Capital maintained S&U plc (LON:SUS) on Thursday, December 7 with "Hold" rating.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Its up 0.19, from 0.75 in 2017Q2.


A number of institutional investors have recently bought and sold shares of the stock. 106 funds opened positions while 593 raised stakes. Retail Bank Of Nova Scotia holds 0.1% or 5.56 million shares in its portfolio. 1,400 are owned by Peddock Capital Advsrs Limited Liability. Tributary Lc stated it has 0.01% in Pepsico, Inc. Poplar Forest Limited Liability Corp stated it has 0.08% in Pepsico, Inc. Credit Suisse maintained Pepsico, Inc. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth. Philadelphia has invested 0.09% in Pepsico, Inc. (NASDAQ:PEP) for 15,271 shares. 120,890 were reported by Skba Capital Management Limited Company. (NASDAQ:PEP). Next Financial Gru Inc holds 0.36% or 11,581 shares.

Beaumont Financial Partners Llc increased Fidelity (FHLC) stake by 17,223 shares to 524,376 valued at $20.72 million in 2017Q3. It also increased its holding in Hecla Mng Co (NYSE:HL) by 154,185 shares in the quarter, for a total of 182,184 shares, and has risen its stake in Spdr Dow Jones Indl Avrg Etf (DIA).

NOW Inc. distributes energy and industrial products in the United States, Canada, and internationally. The firm also provides supply chain management solutions that include procurement, inventory and warehouse management, logistics, point of issue technology, project management, business process, and performance metrics reporting. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.59% with $1.42 Billion sitting short, betting on future declines. About 1.20M shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 12, 2017 and is uptrending. It has underperformed by 21.16% the S&P500.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.09, from 0.09 in 2017Q2. It improved, as 35 investors sold NOW Inc. shares while 62 reduced holdings. 0 funds opened positions while 0 raised stakes. Schafer Cullen Mngmt, a New York-based fund reported 4.80 million shares. (NASDAQ:PEP). Dnb Asset Mngmt As holds 0.28% or 186,312 shares. After $-0.48 actual EPS reported by TG Therapeutics, Inc. for the previous quarter, Wall Street now forecasts -4.17% EPS growth. Senzar Asset Management Llc owns 863,500 shares or 2.5% of their U.S. portfolio. Miracle Mile Limited invested in 0.11% or 5,554 shares. First Citizens Bank & Trust Co. now owns 37,754 shares of the company's stock worth $4,527,000 after buying an additional 12,567 shares during the period. Regions Fincl Corporation holds 1.27% or 1.00M shares. The Netherlands-based Ing Groep Nv has invested 0% in NOW Inc. First American Trust FSB now owns 70,784 shares of the company's stock worth $8,489,000 after purchasing an additional 7,766 shares in the last quarter. Essex Mgmt Communications Ltd Liability Corporation reported 87,809 shares stake.

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