PepsiCo, Inc. (NASDAQ:PEP) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 605,412 shares of the company's stock after purchasing an additional 8,354 shares during the quarter. PepsiCo makes up about 0.9% of B. Metzler seel. Sohn & Co. AG's portfolio, making the stock its 24th biggest holding. B. Metzler seel. Sohn & Co. AG's holdings in PepsiCo were worth $92,001,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Collier Financial purchased a new stake in shares of PepsiCo in the fourth quarter valued at approximately $28,000. WealthTrak Capital Management LLC purchased a new stake in PepsiCo in the 4th quarter worth $28,000. Creative Capital Management Investments LLC acquired a new position in PepsiCo during the fourth quarter worth $30,000. Prudent Man Investment Management Inc. purchased a new position in PepsiCo during the fourth quarter valued at $30,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of PepsiCo during the third quarter worth about $31,000. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Up 2.2 %

NASDAQ:PEP traded up $3.21 during midday trading on Thursday, reaching $152.33. The company had a trading volume of 3,929,764 shares, compared to its average volume of 5,892,601. PepsiCo, Inc. has a 12-month low of $141.51 and a 12-month high of $183.41. The firm has a market capitalization of $208.92 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 3.09 and a beta of 0.52. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05. The stock's fifty day simple moving average is $149.32 and its 200-day simple moving average is $157.46.

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PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $1.96 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $27.89 billion. During the same quarter in the previous year, the business posted $1.78 EPS. The firm's revenue was down .2% on a year-over-year basis. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were paid a dividend of $1.355 per share. This represents a $5.42 annualized dividend and a yield of 3.56%. The ex-dividend date was Friday, March 7th. PepsiCo's payout ratio is 77.99%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PEP. HSBC lowered their price objective on PepsiCo from $186.00 to $170.00 and set a "hold" rating on the stock in a report on Tuesday, February 4th. UBS Group dropped their price target on PepsiCo from $193.00 to $175.00 and set a "buy" rating for the company in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of PepsiCo from $184.00 to $178.00 and set a "buy" rating on the stock in a research note on Wednesday, January 22nd. Barclays cut shares of PepsiCo from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $168.00 to $156.00 in a research report on Tuesday, March 18th. Finally, Jefferies Financial Group lowered shares of PepsiCo from a "buy" rating to a "hold" rating and lowered their price target for the stock from $171.00 to $170.00 in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $169.88.

PepsiCo Company Profile

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.