PepsiCo, Inc. (NASDAQ:PEP) Shares Purchased by Bowling Portfolio Administration LLC


Bowling Portfolio Administration LLC grew its stake in shares of PepsiCo, Inc. (NASDAQ:PEP – Get Ranking) by 5.2% within the first quarter, HoldingsChannel reviews. The fund owned 4,536 shares of the corporate’s inventory after shopping for an extra 224 shares throughout the quarter. Bowling Portfolio Administration LLC’s holdings in PepsiCo have been price $759,000 on the finish of the newest quarter.

Quite a lot of different institutional traders and hedge funds have additionally purchased and bought shares of the inventory. Heartland Financial institution & Belief Co elevated its place in PepsiCo by 14.9% throughout the 1st quarter. Heartland Financial institution & Belief Co now owns 7,842 shares of the corporate’s inventory price $1,313,000 after buying an extra 1,015 shares within the final quarter. Pure Monetary Advisors LLC elevated its place in PepsiCo by 11.5% throughout the 1st quarter. Pure Monetary Advisors LLC now owns 2,750 shares of the corporate’s inventory price $460,000 after buying an extra 284 shares within the final quarter. CHICAGO TRUST Co NA elevated its place in PepsiCo by 3.4% throughout the 1st quarter. CHICAGO TRUST Co NA now owns 35,406 shares of the corporate’s inventory price $5,926,000 after buying an extra 1,175 shares within the final quarter. Bromfield Sneider Wealth Advisors acquired a brand new stake in PepsiCo throughout the 1st quarter price roughly $89,000. Lastly, Dividend Belongings Capital LLC elevated its place in PepsiCo by 0.8% throughout the 1st quarter. Dividend Belongings Capital LLC now owns 13,251 shares of the corporate’s inventory price $2,218,000 after buying an extra 100 shares within the final quarter. 72.12% of the inventory is owned by hedge funds and different institutional traders.

In different PepsiCo information, EVP David Flavell bought 5,150 shares of the inventory in a transaction on Monday, Could sixteenth. The inventory was bought at a median worth of $175.11, for a complete worth of $901,816.50. Following the sale, the manager vice chairman now instantly owns 28,275 shares of the corporate’s inventory, valued at $4,951,235.25. The sale was disclosed in a submitting with the Securities & Change Fee, which is out there by means of this hyperlink. Additionally, CEO Eugene Willemsen bought 4,560 shares of the inventory in a transaction on Monday, Could sixteenth. The inventory was bought at a median worth of $175.61, for a complete worth of $800,781.60. Following the completion of the sale, the chief govt officer now instantly owns 8,277 shares within the firm, valued at $1,453,523.97. The disclosure for this sale might be discovered right here. Firm insiders personal 0.12% of the corporate’s inventory.

PepsiCo inventory opened at $162.03 on Thursday. The inventory has a market cap of $224.04 billion, a P/E ratio of twenty-two.17, a price-to-earnings-growth ratio of three.12 and a beta of 0.59. The corporate has a present ratio of 0.87, a fast ratio of 0.68 and a debt-to-equity ratio of 1.89. The inventory has a 50-day transferring common of $166.98 and a 200-day transferring common of $168.10. PepsiCo, Inc. has a 52 week low of $144.61 and a 52 week excessive of $177.62.

PepsiCo (NASDAQ:PEP – Get Ranking) final introduced its quarterly earnings knowledge on Tuesday, April twenty sixth. The corporate reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.05. PepsiCo had a return on fairness of 53.44% and a internet margin of 12.57%. The agency had income of $16.20 billion for the quarter, in comparison with analysts’ expectations of $15.54 billion. Throughout the identical interval final yr, the enterprise posted $1.21 earnings per share. The agency’s income for the quarter was up 9.3% on a year-over-year foundation. As a bunch, fairness analysts predict that PepsiCo, Inc. will put up 6.64 earnings per share for the present fiscal yr.

The corporate additionally just lately disclosed a quarterly dividend, which will likely be paid on Thursday, June thirtieth. Buyers of document on Friday, June third will likely be paid a dividend of $1.15 per share. The ex-dividend date of this dividend is Thursday, June 2nd. It is a increase from PepsiCo’s earlier quarterly dividend of $1.08. This represents a $4.60 annualized dividend and a yield of two.84%. PepsiCo’s dividend payout ratio (DPR) is 62.93%.

Quite a lot of analysts just lately issued reviews on the inventory. UBS Group dropped their goal worth on shares of PepsiCo from $190.00 to $182.00 and set a “purchase” ranking for the corporate in a analysis report on Tuesday. Wells Fargo & Firm decreased their worth goal on PepsiCo from $175.00 to $172.00 and set an “equal weight” ranking for the corporate in a report on Tuesday. Credit score Suisse Group upped their worth goal on PepsiCo from $163.00 to $168.00 in a report on Wednesday, April twenty seventh. Guggenheim upped their worth goal on PepsiCo from $188.00 to $193.00 in a report on Wednesday, April twenty seventh. Lastly, Deutsche Financial institution Aktiengesellschaft upped their worth goal on PepsiCo from $173.00 to $175.00 in a report on Wednesday, April twenty seventh. Seven equities analysis analysts have rated the inventory with a maintain ranking and 9 have given a purchase ranking to the inventory. In response to MarketBeat.com, PepsiCo presently has a consensus ranking of “Average Purchase” and a median worth goal of $177.13.

About PepsiCo (Get Ranking)

PepsiCo, Inc manufactures, markets, distributes, and sells varied drinks and handy meals worldwide. The corporate operates by means of seven segments: Frito-Lay North America; Quaker Meals North America; PepsiCo Drinks North America; Latin America; Europe; Africa, Center East and South Asia; and Asia Pacific, Australia and New Zealand and China Area.

Learn Extra

Need to see what different hedge funds are holding PEP? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP – Get Ranking).

Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)



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