Cypress Asset Management Inc. TX Sells 8272 Shares of Pepsico, Inc. (PEP)

Cypress Asset Management Inc. TX Sells 8272 Shares of Pepsico, Inc. (PEP)”

More notable recent PepsiCo, Inc. The firm owned 54,915 shares of the company's stock after selling 1,200 shares during the quarter. (NYSE:PEP). The Florida-based Hyman Charles D has invested 2.51% in PepsiCo, Inc. TX's portfolio, making the stock its 2nd largest position. OR's holdings in Pepsico were worth $6,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Asset Planning Services Ltd. raised its stake in Pepsico by 66.1% during the 1st quarter. (NYSE:PEP). Aristotle Cap Ltd Co owns 42,207 shares or 0.04% of their United States portfolio.

Pepsico, Inc. (NYSE:PEP) has a beta of 0.71, compared to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole.

KEMET Corporation (NYSE:KEM) closed at $22.32 a share in the latest session and the stock value rose nearly 236.65% since the beginning of this year.

Stillwater Capital Advisors LLC increased its stake in shares of Pepsico, Inc. Proficio Capital Partners LLC now owns 1,810 shares of the company's stock valued at $210,000 after purchasing an additional 965 shares in the last quarter. More interesting news about PepsiCo, Inc. (NYSE:PEP) stock. It is widely believed that a stock's future performance can best be predicted by analyzing prior trends and patterns in price. The company's market cap is $159.14 Billion, and the average volume is 3.44 Million. Pepsico has a 52 week low of $98.50 and a 52 week high of $119.39. The stock has a 50 day moving average of $115.11 and a 200 day moving average of $114.82.

Pepsico (NYSE:PEP) last released its quarterly earnings results on Tuesday, July 11th. The stock rose 0.39% or $0.43 reaching $109.55 per share. The Return on Equity ratio of Pepsico, Inc.

16 analysts on average are expecting the company to report revenue of $19.73 Billion for the current quarter. The company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.10. Pepsico's revenue was up 2.0% on a year-over-year basis. Analysts predict that Pepsico will post $5.16 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. It increased, as 0 investors sold Community Financial Corp shares while 3 reduced holdings. The firm has dividend yield of 2.91% that is also considered as effective indicator.

Pepsico, Inc. (PEP) now has a Return on Assets (ROA) value of 9.1 Percent. Fortaleza Asset owns 1.69% invested in PepsiCo, Inc. About 8 shares traded. "(PEP)" was first reported by Equities Focus and is owned by of Equities Focus. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and global copyright and trademark law.

In related news, Chairman Indra K. Nooyi sold 452,830 shares of the company's stock in a transaction that occurred on Tuesday, July 25th. Following the transaction, the executive vice president now directly owns 174,273 shares of the company's stock, valued at approximately $20,283,634.47. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. Over the a year ago Company's shares have been trading in the range of $50.81 and $76.26. The disclosure for this sale can be found here. Insiders sold 898,164 shares of company stock worth $104,585,929 over the last 90 days. Following the completion of the transaction, the chairman now directly owns 733,315 shares of the company's stock, valued at approximately $85,387,198.60.

The company was maintained on Wednesday, October 7 by S&P Research. Cowen & Co maintained the shares of PEP in report on Tuesday, July 11 with "Buy" rating. Jefferies Group LLC reaffirmed a "buy" rating and issued a $133.00 price objective (up from $130.00) on shares of Pepsico in a research note on Wednesday, July 12th.

Pepsico, Inc. was covered by a number of analysts recently, 4 rated the stock as Buy, 8 rated Hold, 0 rated sell and 0 gave an Underperform. They issued an "outperform" rating and a $125.00 price target on the stock.

Susquehanna has a Buy rating with a $135 price target. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.30, which implies that analysts are generally neutral in their outlook for PEP over the next year. Pepsico presently has an average rating of "Buy" and an average price target of $122.38.

Like this



03 October 2017
Weyburn's Derrick Pouliot traded to Vancouver Canucks
The 6-foot-5-inch Lithuanian native was selected by the New York Islanders in the third round of the 2011 NHL Entry Draft. Pedan, a Lithuania-born defenceman, had no points and 18 penalty minutes in 13 games with Vancouver in 2015-16.

03 October 2017
American Airlines Group Inc. (AAL): Scrutinizing the Chart
Equities research analysts expect that American Airlines Group, Inc . will post $4.69 earnings per share for the current year. The airline reported $1.92 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.87 by $0.05.

03 October 2017
Five police officers injured after terror attack in Bahrain
Five Bahraini policemen were lightly injured in what interior ministry says was a terrorist blast outside the capital Manama on Monday.

03 October 2017
Selfie craze claims three lives on railway track in Bengaluru
Vishwas drowned in the 300-year-old Kalyana, a stepped pond, when he along with his friends entered the water in afternoon. After taking the selfie, the group left the pond to visit a temple without noticing that Vishwas was missing.

03 October 2017
Analyst Stock Recommendations For Merck & Co., Inc. (MRK), UnitedHealth Group Incorporated (UNH)
Analysts have placed a $210.56 price target on UnitedHealth Group Incorporated , suggesting a 7.51% gain from recent close. Wall Street is only getting more bullish on the stock, with 20 of analysts who cover UNH having a buy-equivalent rating.

03 October 2017
Pfizer Inc. (PFE) Stake Maintained by Sandler Capital Management
Following the sale, the insider now directly owns 74,506 shares of the company's stock, valued at approximately $2,436,346.20. Bw Gestao De Investimentos Ltda owns 60,000 shares or 0.54% of their USA portfolio. 158,357 are held by Argent Trust Com.

03 October 2017
Ancelotti to return to coaching next season
Everton's majority shareholder Farhad Moshiri has issued his support for Koeman but the Dutchman surely can't afford to oversee many more losses if he is to keep his job.

03 October 2017
Short Interest in Merck & Company, Inc. (NYSE:MRK) Grows By 27.3%
Zacks downgraded Verizon Communications Inc. (NYSE:MRK) has "Buy" rating given on Friday, August 4 by BMO Capital Markets. For ABBV, the company now has $6.09 Billion of cash on the books, which is offset by $3.42 Billion current liabilities.

03 October 2017
Why Investors remained confident on Netflix, Inc. (NFLX), Jabil Inc. (JBL)?
Bernstein restated an "outperform" rating and issued a $203.00 target price on shares of Netflix in a research note on Sunday. Finally, BidaskClub cut Netflix from a "buy" rating to a "hold" rating in a research report on Saturday, August 12th.

03 October 2017
Laredo Petroleum, Inc. (NYSE:LPI) Sees Price Decrease - Down by 5.65%
Piermont Capital Management Inc. owned about 0.06% of Laredo Petroleum worth $1,491,000 at the end of the most recent quarter. After a recent spot-check, the stock has touched $12.19 which represents a change from the open of -3.52%. (NASDAQ:ZNGA).