Lawson Kroeker Investment Management Inc. NE Grows Stock Holdings in PepsiCo, Inc. (NASDAQ:PEP)

Lawson Kroeker Investment Management Inc. NE boosted its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,541 shares of the company's stock after buying an additional 2,134 shares during the period. Lawson Kroeker Investment Management Inc. NE's holdings in PepsiCo were worth $2,515,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. International Assets Investment Management LLC raised its position in PepsiCo by 17,113.0% during the third quarter. International Assets Investment Management LLC now owns 3,220,385 shares of the company's stock valued at $547,626,000 after purchasing an additional 3,201,676 shares in the last quarter. State Street Corp raised its holdings in shares of PepsiCo by 5.1% during the 3rd quarter. State Street Corp now owns 57,268,030 shares of the company's stock valued at $9,738,429,000 after buying an additional 2,775,679 shares in the last quarter. Franklin Resources Inc. lifted its position in PepsiCo by 21.1% in the 3rd quarter. Franklin Resources Inc. now owns 13,021,316 shares of the company's stock worth $2,293,049,000 after buying an additional 2,264,445 shares during the last quarter. Swedbank AB grew its position in PepsiCo by 211.4% during the third quarter. Swedbank AB now owns 2,345,467 shares of the company's stock valued at $398,847,000 after acquiring an additional 1,592,343 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of PepsiCo by 5.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 21,360,850 shares of the company's stock worth $3,632,413,000 after acquiring an additional 1,125,059 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors.

PepsiCo Stock Performance

Shares of PEP traded up $1.53 during mid-day trading on Thursday, hitting $151.90. 4,667,216 shares of the company traded hands, compared to its average volume of 6,660,224. PepsiCo, Inc. has a 1 year low of $141.51 and a 1 year high of $183.41. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.70 and a current ratio of 0.89. The stock has a 50-day moving average price of $153.51 and a two-hundred day moving average price of $165.07. The stock has a market cap of $208.41 billion, a price-to-earnings ratio of 22.40, a P/E/G ratio of 2.86 and a beta of 0.54.

PepsiCo Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 6th were paid a dividend of $1.355 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.57%. PepsiCo's dividend payout ratio is currently 79.94%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PEP shares. TD Cowen reduced their price target on PepsiCo from $183.00 to $160.00 and set a "hold" rating on the stock in a research report on Wednesday, January 8th. 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 research note on Thursday, January 16th. StockNews.com raised shares of PepsiCo from a "hold" rating to a "buy" rating in a report on Tuesday, November 5th. Wells Fargo & Company lowered their price objective on shares of PepsiCo from $170.00 to $155.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. reduced their price target on PepsiCo from $183.00 to $165.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $176.73.

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.