Advyzon Investment Management LLC Makes New Investment in PepsiCo, Inc. (NASDAQ:PEP)

Advyzon Investment Management LLC bought a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,871 shares of the company's stock, valued at approximately $284,000.

Other large investors have also added to or reduced their stakes in the company. Handelsbanken Fonder AB lifted its stake in PepsiCo by 9.1% in the fourth quarter. Handelsbanken Fonder AB now owns 571,653 shares of the company's stock valued at $86,926,000 after acquiring an additional 47,853 shares during the last quarter. Mcdaniel Terry & Co. increased its position in PepsiCo by 4.9% during the fourth quarter. Mcdaniel Terry & Co. now owns 182,145 shares of the company's stock worth $27,697,000 after acquiring an additional 8,452 shares during the period. Sunpointe LLC increased its holdings in PepsiCo by 32.0% in the 4th quarter. Sunpointe LLC now owns 2,272 shares of the company's stock valued at $349,000 after buying an additional 551 shares during the period. LMG Wealth Partners LLC increased its holdings in PepsiCo by 3.3% in the 4th quarter. LMG Wealth Partners LLC now owns 47,164 shares of the company's stock valued at $7,172,000 after buying an additional 1,511 shares during the period. Finally, Corps Capital Advisors LLC bought a new position in PepsiCo in the 4th quarter valued at about $1,390,000. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Trading Up 3.0 %

Shares of NASDAQ:PEP traded up $4.40 during trading on Friday, reaching $153.50. The stock had a trading volume of 10,586,982 shares, compared to its average volume of 6,999,466. The firm's fifty day moving average is $148.75 and its 200 day moving average is $162.39. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. PepsiCo, Inc. has a 52 week low of $141.51 and a 52 week high of $183.41. The stock has a market cap of $210.53 billion, a price-to-earnings ratio of 22.09, a P/E/G ratio of 3.02 and a beta of 0.54.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.94 by $0.02. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The company had revenue of $27.78 billion for the quarter, compared to the consensus estimate of $27.89 billion. During the same quarter in the previous year, the company earned $1.78 EPS. PepsiCo's quarterly revenue was down .2% compared to the same quarter last year. As a group, equities analysts forecast that PepsiCo, Inc. will post 8.31 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be given a dividend of $1.355 per share. The ex-dividend date is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.53%. PepsiCo's payout ratio is presently 77.99%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. TD Cowen decreased their target price on shares of PepsiCo from $183.00 to $160.00 and set a "hold" rating on the stock in a report on Wednesday, January 8th. Barclays decreased their target price on shares of PepsiCo from $158.00 to $153.00 and set an "overweight" rating on the stock in a report on Thursday, February 6th. UBS Group decreased their target price on shares of PepsiCo from $193.00 to $175.00 and set a "buy" rating on the stock in a report on Thursday, January 16th. CICC Research reiterated a "market perform" rating on shares of PepsiCo in a research report on Friday, February 7th. Finally, Citigroup cut their target price on shares of PepsiCo from $195.00 to $170.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $171.47.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.