Financial Engines Advisors L.L.C. Invests $553,000 in PepsiCo, Inc. (NASDAQ:PEP)

Financial Engines Advisors L.L.C. purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,634 shares of the company's stock, valued at approximately $553,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Howard Capital Management Group LLC raised its position in PepsiCo by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 4,568 shares of the company's stock valued at $777,000 after buying an additional 90 shares during the last quarter. Loomis Sayles & Co. L P boosted its holdings in shares of PepsiCo by 7.1% in the 3rd quarter. Loomis Sayles & Co. L P now owns 1,965 shares of the company's stock worth $334,000 after buying an additional 130 shares during the last quarter. FMR LLC increased its holdings in PepsiCo by 4.4% during the third quarter. FMR LLC now owns 6,724,464 shares of the company's stock worth $1,143,495,000 after buying an additional 281,318 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in PepsiCo by 2.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 570,680 shares of the company's stock valued at $97,044,000 after acquiring an additional 11,226 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in shares of PepsiCo by 30.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 69,036 shares of the company's stock worth $11,740,000 after purchasing an additional 16,200 shares during the last quarter. 73.07% of the stock is owned by institutional investors and hedge funds.

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PepsiCo Trading Up 2.0 %

PEP traded up $2.97 on Monday, hitting $152.24. The company had a trading volume of 2,182,436 shares, compared to its average volume of 5,861,895. PepsiCo, Inc. has a 12-month low of $141.51 and a 12-month high of $183.41. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. The business's fifty day simple moving average is $149.25 and its 200 day simple moving average is $157.91. The company has a market cap of $208.79 billion, a PE ratio of 21.90, a PEG ratio of 3.09 and a beta of 0.52.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.94 by $0.02. The company had revenue of $27.78 billion during the quarter, compared to analyst estimates of $27.89 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. PepsiCo's quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.78 earnings per share. Equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be issued a $1.355 dividend. This represents a $5.42 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Friday, March 7th. PepsiCo's dividend payout ratio is 77.99%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Morgan Stanley dropped their price objective on shares of PepsiCo from $185.00 to $168.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company reduced their price target on PepsiCo from $155.00 to $150.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 5th. Barclays cut PepsiCo from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $168.00 to $156.00 in a research report on Tuesday, March 18th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of PepsiCo from $184.00 to $178.00 and set a "buy" rating for the company in a research report on Wednesday, January 22nd. Finally, Citigroup decreased their price target on shares of PepsiCo from $195.00 to $170.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, PepsiCo currently has a consensus rating of "Hold" and an average target price of $169.88.

PepsiCo 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.