PepsiCo, Inc. (PEP) Rating Reiterated by Jefferies Group LLC

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26 May, 2017

The institutional investor held 11,119 shares of the computer manufacturing company at the end of 2016Q4, valued at $1.29M, up from 7,314 at the end of the previous reported quarter. Shares of Pepsico, Inc.

Company's existing stock price is at 116.06 with a change in price of 0.88%. (NYSE:PEP) traded up 1.27% during midday trading on Thursday, reaching $117.53.

Pepsico, Inc. on 04/26/2017 reported its EPS as $0.94 with the analysts projecting the EPS of the stock as $0.92. It has underperformed by 4.50% the S&P500. The 8 months bullish chart indicates low risk for the $49.18 billion company. During the same period in the previous year, the firm earned $0.89 EPS. If the $55.40 price target is reached, the company will be worth $2.46B more. About shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since May 25, 2016 and is uptrending. It has outperformed by 69.95% the S&P500.

Benjamin F Edwards & Company Inc decreased Proshares Tr stake by 11,925 shares to 89,293 valued at $3.26M in 2016Q4. As of January 28, 2017, the Company had two divisions: RH Segment and Waterworks. Select Sector Spdr Tr (XLE) was reduced too.

Since February 17, 2017, it had 0 insider buys, and 9 selling transactions for $32.14 million activity. Narasimhan Laxman had sold 4,258 shares worth $466,265. At current levels, Pepsico, Inc. Insiders have sold a total of 44,343 shares of company stock worth $4,850,480 over the last 90 days. (NYSE:PEP) was sold by Tanner Kirk. 25,000 shares were sold by Chadha Sanjeev, worth $2.70M on Friday, February 17. Investors of record on Friday, June 2nd will be issued a dividend of $0.805 per share. Its up 0.18, from 0.79 in 2016Q3. 102 funds opened positions while 618 raised stakes. The company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.03. Wesbanco Commercial Bank stated it has 129,157 shares or 0.77% of all its holdings. It also upped Western Alliance Bancorp (NYSE:WAL) stake by 417,385 shares and now owns 652,007 shares. NN Investment Partners Holdings N.V. increased its stake in PepsiCo by 0.6% in the fourth quarter.

Several equities analysts have commented on PEP shares. (NYSE:PEP) shares were sold by Sankaran Vivek. 58,286 were reported by And. Shares have risen 21.63% over the trailing 6 months. (NYSE:PEP). Stadion Money Mngmt Ltd Company holds 0.07% or 21,617 shares in its portfolio. (NYSE:PEP). Cornercap Invest Counsel owns 2,145 shares. (NYSE:PEP). Lba Wealth Management Limited Company, a Florida-based fund reported 529 shares. Zacks Investment Research cut shares of PepsiCo from a hold rating to a sell rating in a report on Tuesday, April 18th. The Vermont-based Prentiss Smith & Co Inc has invested 0.22% in the stock. Gould Asset Mgmt Ltd Liability Company Ca stated it has 0.65% of its portfolio in PepsiCo, Inc. Kelly Lawrence W & Associates Inc sold 8,025 shares as Pepsico Inc (PEP)'s stock rose 5.12%. Therefore 50% are positive. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of PepsiCo in a research report on Friday, March 3rd. They now have a Dollars 128 price target on the stock. The rating was maintained by JP Morgan with "Overweight" on Tuesday, April 19. Legal & General Group Plc now owns 7,086,034 shares of the company's stock worth $792,663,000 after buying an additional 305,749 shares during the period. The company was downgraded on Friday, February 26 by Sterne Agee CRT.

Analysts await PepsiCo, Inc. The rating was maintained by UBS on Friday, July 8 with "Buy". The rating was maintained by Jefferies on Friday, September 30 with "Buy". JP Morgan initiated the shares of PEP in report on Tuesday, March 21 with "Overweight" rating. $3.22 million worth of PepsiCo, Inc. (NYSE:PEP) on Thursday, March 23 with "Buy" rating. The firm has "Buy" rating by BMO Capital Markets given on Thursday, March 23. (NYSE:PEP) were released by: Seekingalpha.com and their article: "PepsiCo - Mature And Overvalued Company" published on May 16, 2017 as well as Seekingalpha.com's news article titled: "PepsiCo: The Soda Tax Is The Opportunity" with publication date: May 14, 2017. The company rocked its 52-Week High of $116.33 and touched its 52-Week Low of $98.5. The company now has an average rating of Buy and an average price target of $120.35. GTT Communications had 6 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Goldman Sachs on Wednesday, June 29 with "Neutral". The company has market cap of $165.47 billion. The Firm provides rail freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It has a 23.77 P/E ratio. The Firm categorizes its products into three primary lines of business: merchandise, intermodal and coal. Moreover, Johnson Group has 0% invested in Dean Foods Co (NYSE:DF). Its up 0.18, from 0.79 in 2016Q3. 123 funds opened positions while 723 raised stakes. First Natl holds 84,199 shares. Solaris Asset Ltd accumulated 2,190 shares. Abner Herrman Brock holds 2.32% or 105,465 shares. California State Teachers Retirement invested in 3.02 million shares. They expect $1.40 earnings per share, up 3.70% or $0.05 from last year's $1.35 per share. Btc Management reported 25,269 shares or 0.52% of all its holdings. Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma holds 373,220 shares or 0.87% of its portfolio. Cwm Limited Liability has 88 shares. Aull And Monroe Mgmt holds 1.64% or 27,954 shares. Berson Corrado Investment Advsrs Limited Liability holds 0.38% or 5,323 shares in its portfolio. Its down 1.86% from 16.99 million shares previously. Highland Cap Mngmt Ltd Liability Corporation has 1.08% invested in CSX Corporation (NASDAQ:CSX).


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