Economy

Macquarie Begins Coverage on Pepsico, Inc. (NYSE:PEP)

The Coca-Cola Company (KO) pays out an annual dividend of 1.48 per share.

Other institutional investors have also recently bought and sold shares of the company.

WARNING: "Macquarie Begins Coverage on Pepsico, Inc". Corporate insiders own 0.26% of the company's stock. The stock had a trading volume of 1,069,656 shares.

Pepsico, Inc. has a 12-month low of $98.50 and a 12-month high of $119.39. It has underperformed by 4.50% the S&P500.

Pinnacle Financial Partners Inc decreased American Express Co (AXP) stake by 8.21% reported in 2017Q2 SEC filing. The stock was sold at an average price of $116.44, for a total value of $52,727,525.20. Asset Planning Services has an ownership of 1,003 company stock worth at $112,000 following acquiring an extra 399 shares through out the previous quarter, Riggs Asset Managment boosted its holdings in Pepsico by 14.9% in the 1st period.

PepsiCo, Inc is a global food and beverage company. The stock declined 0.16% or $0.14 reaching $88.28 per share. Northwest Wealth Management LLC now owns 2,511 shares of the company's stock valued at $290,000 after purchasing an additional 11 shares during the period.

Among 5 analysts covering TrueBlue (NYSE:TBI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. MercadoLibre had 28 analyst reports since August 6, 2015 according to SRatingsIntel. Finally, Royal Bank Of Canada restated a "hold" rating and issued a $115.00 price objective on shares of Pepsico in a research note on Wednesday, September 6th. The firm has "Hold" rating by Mackie given on Monday, August 31. The firm earned "Overweight" rating on Tuesday, April 19 by JP Morgan. The rating was downgraded by Susquehanna to "Neutral" on Monday, December 5. As per Friday, August 28, the company rating was upgraded by Mackie. The stock has "Hold" rating by Stifel Nicolaus on Thursday, April 14. The firm has "Hold" rating by BMO Capital Markets given on Tuesday, July 11. Its up 0.05, from 1.32 in 2017Q1. 3,000 shares were sold by TRUDELL CYNTHIA, worth $337,775. Schaper Benz Wise Invest Counsel Incorporated Wi reported 0.19% stake. 1,400 were reported by Caxton Associate Lp. Nippon Life Insurance holds 0.1% or 43,851 shares. Cubist Systematic Strategies Ltd Liability Corporation owns 13,379 shares. They may also be used to help the trader figure out reliable support and resistance levels for the stock. Goldman Sachs Gp invested in 0.02% or 320,485 shares. Ronald Blue & Lc holds 10,057 shares or 0.04% of its portfolio. Polar Ltd Liability Partnership owns 691,451 shares. Stockholders of record on Friday, September 1st will be given a dividend of $0.805 per share.

More important recent Mercadolibre Inc (NASDAQ:MELI) news were published by: Fool.com which released: "Why MercadoLibre Inc".

Turning to CME Group Inc.

Analysts await Mercadolibre Inc (NASDAQ:MELI) to report earnings on November, 2. PEP's profit will be $2.02B for 19.88 P/E if the $1.42 EPS becomes a reality. Equities research analysts expect that Pepsico will post $5.16 earnings per share for the current year.

Investors sentiment decreased to 0.75 in Q2 2017. It turned negative, as 44 investors sold PEP shares while 778 reduced holdings. 117 funds opened positions while 502 raised stakes. 974.57 million shares or 0.37% less from 978.18 million shares in 2017Q1 were reported. Gmt Cap owns 1.88 million shares for 1.09% of their portfolio. Jbf Cap Inc holds 0.26% or 21,000 shares in its portfolio. (NYSE:PEP) for 2,843 shares. White Pine Lc accumulated 19,853 shares. Advisory Services Lc invested 0.33% of its portfolio in PepsiCo, Inc.

Pepsico, Inc. (NYSE:PEP) operates in the Beverages - Soft Drinks segment of the Consumer Goods sector. PEP's asset turnover ratio is 0.85 and the company has financial leverage of 5.15. (NYSE:PEP). The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.51% in PepsiCo, Inc. Dimensional Fund Advisors Lp reported 0.03% of its portfolio in Trueblue Inc (NYSE:TBI). 33,393 were reported by Edgewood Mngmt Limited Liability. Wall Street is only getting more bullish on the stock, with 14 of analysts who cover PEP having a buy-equivalent rating. Therefore 47% are positive. PepsiCo had 51 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating by BMO Capital Markets given on Friday, April 28. Avondale maintained Trueblue Inc (NYSE:TBI) on Thursday, April 21 with "Market Outperform" rating. The rating was maintained by Cowen & Co with "Buy" on Thursday, August 10. RBC Capital Markets maintained the stock with "Hold" rating in Friday, June 30 report. Pacific Management has invested 1.42% in PepsiCo, Inc. (NYSE:PEP) earned "Buy" rating by UBS on Wednesday, October 7. Karp Capital Management Corp purchased a new position in Pepsico in the first quarter valued at about $112,080,000. Sunbelt Securities Inc. increased its holdings in shares of Pepsico by 0.3% in the second quarter.



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