M Holdings Securities Inc. Takes $2.11 Million Position in PepsiCo, Inc. (NASDAQ:PEP)

M Holdings Securities Inc. purchased a new stake in PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 13,882 shares of the company's stock, valued at approximately $2,111,000.

Other large investors have also recently bought and sold shares of the company. Collier Financial bought a new position in shares of PepsiCo in the fourth quarter worth $28,000. WealthTrak Capital Management LLC bought a new stake in shares of PepsiCo during the 4th quarter worth about $28,000. Creative Capital Management Investments LLC bought a new position in shares of PepsiCo in the fourth quarter valued at approximately $30,000. Prudent Man Investment Management Inc. bought a new stake in PepsiCo during the fourth quarter worth approximately $30,000. Finally, Summit Securities Group LLC acquired a new stake in PepsiCo in the fourth quarter worth approximately $33,000. Institutional investors own 73.07% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PEP. CICC Research reaffirmed a "market perform" rating on shares of PepsiCo in a report on Friday, February 7th. UBS Group dropped their target price on shares of PepsiCo from $193.00 to $175.00 and set a "buy" rating on the stock in a report on Thursday, January 16th. Barclays cut PepsiCo from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $168.00 to $156.00 in a report on Tuesday, March 18th. JPMorgan Chase & Co. reduced their price objective on PepsiCo from $183.00 to $165.00 and set a "neutral" rating for the company in a research note on Friday, January 24th. Finally, TD Cowen decreased their price target on PepsiCo from $183.00 to $160.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, PepsiCo has a consensus rating of "Hold" and a consensus target price of $168.12.

PepsiCo Stock Up 2.0 %

Shares of NASDAQ PEP traded up $2.75 during trading hours on Friday, hitting $142.84. The stock had a trading volume of 6,052,161 shares, compared to its average volume of 6,110,283. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The company has a market capitalization of $195.88 billion, a P/E ratio of 20.55, a P/E/G ratio of 3.09 and a beta of 0.49. The firm's 50-day moving average price is $148.16 and its two-hundred day moving average price is $154.94. PepsiCo, Inc. has a 52 week low of $138.33 and a 52 week high of $183.41.

PepsiCo (NASDAQ:PEP - Get Free Report) last announced its quarterly 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 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 firm earned $1.78 earnings per share. The business's quarterly revenue was down .2% compared to the same quarter last year. Analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were given a dividend of $1.355 per share. This represents a $5.42 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date was Friday, March 7th. PepsiCo's dividend payout ratio is 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.