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Pepsico, Inc. (PEP) Given Buy Rating at Susquehanna Bancshares Inc

Pepsico, Inc. (PEP) Given Buy Rating at Susquehanna Bancshares Inc”

Finally, Jefferies Group LLC restated a buy rating and issued a $133.00 target price (up previously from $130.00) on shares of Pepsico in a report on Wednesday, July 12th. (NYSE:PEP) that has shown a discernible change in trend levels over the path of recent market activity. Jefferies Group LLC now has $108.00 target price on the stock, down from their prior target price of $133.00.

For the current quarter, 20 analysts are projecting a mean EPS of $1.3/share.

Pepsico, (NYSE:PEP) declined 0.35% throughout intraday market trading on early Friday, topping $110.06. Susquehanna Bancshares Inc now has a $135.00 price objective on the stock.

Examining insider trading at Pepsico, Inc. PepsiCo had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Thursday, July 6 by Susquehanna. Macquarie Research initiated the shares of UL in report on Friday, March 17 with "Outperform" rating. Seven equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Pepsico has an average rating of "Buy" and an average target price of $121.69. (NYSE:PEP) on Friday, June 30 with "Hold" rating. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -2.23% from last close price of 110.45 and act as support or resistance of price limit. Pepsico, has a 1 year low of $98.50 and a 1 year high of $119.39. The company has market cap of $458.16 billion.

Pepsico (NYSE:PEP) last issued its quarterly earnings results on Wednesday, October 4th. Corporate insiders own 0.26% of the company's stock. The company had revenue of $16.24 billion during the quarter, compared to the consensus estimate of $16.35 billion. The Return on Equity ratio of Pepsico, Inc.

As of late the company also announced dividend for the quarter, to be paid on early Fri, Sep 29th. About 90,613 shares traded. Pepsico Inc. now has $156.96 billion valuation. "(PEP) Downgraded by Jefferies Group LLC to Hold" was originally posted by Week Herald and is owned by of Week Herald. If you are viewing this story on another publication, it was stolen and republished in violation of US & worldwide trademark and copyright law. The correct version of this story can be viewed at https://weekherald.com/2017/10/06/pepsico-inc-pep-downgraded-by-jefferies-group-llc-to-hold.html.

Since April 28, 2017, it had 0 buys, and 1 insider sale for $337,775 activity. The firm earned "Buy" rating on Wednesday, October 7 by UBS. Pepsico's payout ratio is 66.53%. Also, SVP Marie T. Gallagher sold 41,489 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $116.77, for a total value of $4,844,670.53. The investment company owned 11,824 stocks of the firms shares after scooping up an extra 545 shares through out the quarter. The sale was disclosed in a legal filing with the SEC, which is available at this link.

In related news, CEO Indra K. Nooyi sold 340,449 shares of the firm's stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $116.39, for a total transaction of $7,378,660.44. Following the completion of the transaction, the chief executive officer now owns 733,315 shares of the company's stock, valued at $85,372,532.30. The disclosure for this sale can be found here.

A number of other institutional investors also recently added to or reduced their stakes in PEP. Proficio Capital Partners LLC increased its holdings in Pepsico by 114.2% during the 1st quarter. Asset Planning Services Ltd. now owns 1,003 shares of the company's stock worth $112,000 after purchasing an additional 399 shares during the last quarter.

Cramer Rosenthal Mcglynn Llc increased Brightcove (NASDAQ:BCOV) stake by 400,029 shares to 1.85 million valued at $11.44M in 2017Q2. Pepsico's for the quarter end, revenue was upwards of 1.3% on a YOY basis. on consensus, Stock analysts expect that Pepsico, to post $5.19 earnings per share for the financial year. Salem Capital Management Inc sold 136,336 shares as the company's stock rose 11.00% with the market. Finally, Canada Pension Plan Investment Board boosted its stake in Pepsico by 92.5% during the first quarter. FMR LLC now owns 8,043,420 shares of the company's stock worth $928,934,000 after buying an additional 618,813 shares during the last quarter. Riggs Asset Managment Co. 117 funds opened positions while 502 raised stakes. Riggs Asset Managment Co.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -1.51%, and has a solid year to date (YTD) performance of 5.56% which means that the stock is constantly adding to its value from the previous fiscal year end price. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA). The Company's portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana.



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