Compass Capital Corp MA ADV Purchases Shares of 2,796 PepsiCo, Inc. (NASDAQ:PEP)

Compass Capital Corp MA ADV bought a new position in PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 2,796 shares of the company's stock, valued at approximately $421,000.

A number of other large investors have also made changes to their positions in the stock. Highline Wealth Partners LLC acquired a new stake in shares of PepsiCo in the 3rd quarter worth $28,000. Collier Financial acquired a new stake in PepsiCo during the fourth quarter worth about $28,000. Creative Capital Management Investments LLC acquired a new position in PepsiCo in the 4th quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of PepsiCo during the 3rd quarter worth approximately $31,000. Finally, Rakuten Securities Inc. lifted its holdings in PepsiCo by 93.2% in the third quarter. Rakuten Securities Inc. now owns 199 shares of the company's stock valued at $34,000 after acquiring an additional 96 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on PEP. Wells Fargo & Company reduced their target price on PepsiCo from $155.00 to $150.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. Evercore ISI lowered their target price on shares of PepsiCo from $180.00 to $160.00 in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of PepsiCo from $184.00 to $178.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. BNP Paribas lowered their price target on PepsiCo from $162.00 to $160.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Finally, Morgan Stanley cut their price objective on PepsiCo from $185.00 to $168.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $171.47.

PepsiCo Stock Up 3.0 %

Shares of PepsiCo stock traded up $4.40 during trading on Friday, hitting $153.50. 10,586,982 shares of the stock were exchanged, compared to its average volume of 6,999,466. The stock has a market cap of $210.53 billion, a price-to-earnings ratio of 22.09, a price-to-earnings-growth ratio of 3.02 and a beta of 0.54. The firm's 50-day moving average price is $148.75 and its 200 day moving average price is $162.39. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. PepsiCo, Inc. has a 12-month low of $141.51 and a 12-month high of $183.41.

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

PepsiCo Dividend Announcement

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

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.