Intl Fcstone Inc. increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 11.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,278 shares of the company’s stock after purchasing an additional 341 shares during the period. Intl Fcstone Inc.’s holdings in PepsiCo were worth $430,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Howland Capital Management LLC grew its holdings in shares of PepsiCo by 2.6% in the 2nd quarter. Howland Capital Management LLC now owns 62,306 shares of the company’s stock worth $8,170,000 after acquiring an additional 1,590 shares during the last quarter. Allied Investment Advisors LLC grew its holdings in shares of PepsiCo by 1.0% in the 2nd quarter. Allied Investment Advisors LLC now owns 32,791 shares of the company’s stock worth $4,300,000 after acquiring an additional 333 shares during the last quarter. Searle & CO. grew its holdings in shares of PepsiCo by 1.4% in the 2nd quarter. Searle & CO. now owns 24,850 shares of the company’s stock worth $3,259,000 after acquiring an additional 340 shares during the last quarter. Moseley Investment Management Inc. grew its holdings in shares of PepsiCo by 8.8% in the 2nd quarter. Moseley Investment Management Inc. now owns 10,233 shares of the company’s stock worth $1,342,000 after acquiring an additional 831 shares during the last quarter. Finally, Wealthstreet Investment Advisors LLC grew its holdings in shares of PepsiCo by 0.7% in the 2nd quarter. Wealthstreet Investment Advisors LLC now owns 99,600 shares of the company’s stock worth $13,061,000 after acquiring an additional 712 shares during the last quarter. 71.10% of the stock is currently owned by institutional investors and hedge funds.

In related news, Chairman Ramon Laguarta sold 15,431 shares of PepsiCo stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $129.43, for a total transaction of $1,997,234.33. Following the completion of the sale, the chairman now owns 232,394 shares of the company’s stock, valued at $30,078,755.42. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Steven C. Williams sold 2,420 shares of PepsiCo stock in a transaction on Thursday, July 11th. The shares were sold at an average price of $133.95, for a total value of $324,159.00. Following the sale, the chief executive officer now directly owns 54,920 shares of the company’s stock, valued at approximately $7,356,534. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

A number of equities analysts recently issued reports on PEP shares. Wells Fargo & Co started coverage on Semtech in a report on Tuesday, May 14th. They issued an “outperform” rating and a $48.03 target price on the stock. Bank of America set a $25.00 target price on Levi Strauss & Co. and gave the stock a “hold” rating in a report on Wednesday, July 10th. Cowen lifted their target price on PepsiCo from $142.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, July 10th. Jefferies Financial Group lifted their target price on PepsiCo from $123.00 to $134.00 and gave the stock a “hold” rating in a report on Wednesday, July 10th. Finally, UBS Group raised their target price on Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company. PepsiCo has an average rating of “Hold” and a consensus target price of $128.53.

Shares of PepsiCo stock traded up $2.23 during midday trading on Friday, hitting $131.22. The company’s stock had a trading volume of 4,580,743 shares, compared to its average volume of 4,222,858. The stock has a market cap of $180.35 billion, a price-to-earnings ratio of 23.08, a P/E/G ratio of 3.35 and a beta of 0.60. The company’s 50-day simple moving average is $132.52. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.86 and a quick ratio of 0.66. PepsiCo, Inc. has a 1-year low of $104.53 and a 1-year high of $135.24.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Tuesday, July 9th. The company reported $1.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.05. The business had revenue of $16.45 billion during the quarter, compared to analysts’ expectations of $16.44 billion. PepsiCo had a return on equity of 59.50% and a net margin of 19.59%. PepsiCo’s revenue was up 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.61 earnings per share. On average, analysts forecast that PepsiCo, Inc. will post 5.51 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 6th will be given a dividend of $0.955 per share. The ex-dividend date is Thursday, September 5th. This represents a $3.82 dividend on an annualized basis and a yield of 2.91%. PepsiCo’s payout ratio is 67.49%.

PepsiCo Profile

PepsiCo, Inc operates as a food and beverage company worldwide. The company's Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay's potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap'n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.

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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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