M Holdings Securities Inc. Purchases Shares of 2,111 PepsiCo, Inc. (NASDAQ:PEP)

M Holdings Securities Inc. purchased a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,111 shares of the company's stock, valued at approximately $321,000. PepsiCo accounts for about 0.2% of M Holdings Securities Inc.'s holdings, making the stock its 29th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in PEP. Collier Financial bought a new stake in shares of PepsiCo in the 4th quarter worth about $28,000. Creative Capital Management Investments LLC acquired a new position in PepsiCo in the fourth quarter worth about $30,000. Legacy Investment Solutions LLC bought a new stake in PepsiCo in the third quarter valued at about $31,000. Bay Harbor Wealth Management LLC bought a new position in PepsiCo during the 4th quarter worth approximately $34,000. Finally, Human Investing LLC acquired a new position in shares of PepsiCo in the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 73.07% of the company's stock.

PepsiCo Price Performance

PepsiCo stock traded up $1.03 during trading hours on Thursday, hitting $149.67. 5,396,044 shares of the company traded hands, compared to its average volume of 5,428,992. The firm's 50-day simple moving average is $149.23 and its two-hundred day simple moving average is $158.37. The firm has a market cap of $205.27 billion, a P/E ratio of 21.54, a P/E/G ratio of 3.09 and a beta of 0.52. PepsiCo, Inc. has a 1-year low of $141.51 and a 1-year 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.

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

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be given a $1.355 dividend. This represents a $5.42 annualized dividend and a yield of 3.62%. The ex-dividend date is Friday, March 7th. PepsiCo's dividend payout ratio (DPR) is presently 77.99%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. HSBC reduced their price objective on PepsiCo from $186.00 to $170.00 and set a "hold" rating on the stock in a research note on Tuesday, February 4th. StockNews.com downgraded shares of PepsiCo from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. TD Cowen dropped their price objective on shares of PepsiCo from $183.00 to $160.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. CICC Research restated a "market perform" rating on shares of PepsiCo in a research note on Friday, February 7th. Finally, BNP Paribas dropped their price target on PepsiCo from $162.00 to $160.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, PepsiCo presently 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.