Quantbot Technologies LP Acquires Shares of 3,651 PepsiCo, Inc. (NASDAQ:PEP)

Quantbot Technologies LP acquired a new position in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,651 shares of the company's stock, valued at approximately $555,000.

A number of other institutional investors also recently bought and sold shares of PEP. Tcfg Wealth Management LLC grew its stake in PepsiCo by 3.5% in the 4th quarter. Tcfg Wealth Management LLC now owns 1,938 shares of the company's stock valued at $295,000 after acquiring an additional 66 shares during the last quarter. Lincoln Capital LLC grew its position in shares of PepsiCo by 0.4% in the fourth quarter. Lincoln Capital LLC now owns 16,808 shares of the company's stock valued at $2,556,000 after purchasing an additional 70 shares during the last quarter. Marshall Financial Group LLC increased its stake in shares of PepsiCo by 2.3% during the 4th quarter. Marshall Financial Group LLC now owns 3,128 shares of the company's stock worth $476,000 after purchasing an additional 70 shares in the last quarter. Osprey Private Wealth LLC lifted its stake in PepsiCo by 0.5% in the 4th quarter. Osprey Private Wealth LLC now owns 15,060 shares of the company's stock valued at $2,290,000 after buying an additional 70 shares in the last quarter. Finally, Michael S. Ryan Inc. grew its holdings in PepsiCo by 3.3% during the 4th quarter. Michael S. Ryan Inc. now owns 2,239 shares of the company's stock valued at $340,000 after buying an additional 71 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Stock Down 0.3 %

PepsiCo stock traded down $0.40 during trading on Friday, reaching $149.27. 8,549,260 shares of the company's stock were exchanged, compared to its average volume of 5,875,691. The company's 50-day moving average is $149.25 and its two-hundred day moving average is $158.03. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. PepsiCo, Inc. has a 52-week low of $141.51 and a 52-week high of $183.41. The firm has a market cap of $204.72 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 3.09 and a beta of 0.52.

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PepsiCo (NASDAQ:PEP - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.94 by $0.02. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business had revenue of $27.78 billion for the quarter, compared to the consensus estimate of $27.89 billion. During the same period last year, the business posted $1.78 EPS. The company's revenue was down .2% on a year-over-year basis. On average, analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a yield of 3.63%. PepsiCo's dividend payout ratio is currently 77.99%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Evercore ISI reduced their price objective on PepsiCo from $180.00 to $160.00 in a research report on Tuesday, February 4th. Morgan Stanley decreased their price target on shares of PepsiCo from $185.00 to $168.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Jefferies Financial Group lowered shares of PepsiCo from a "buy" rating to a "hold" rating and cut their price objective for the company from $171.00 to $170.00 in a research report on Wednesday, March 12th. Royal Bank of Canada initiated coverage on shares of PepsiCo in a research report on Tuesday, February 4th. They set a $172.00 target price on the stock. Finally, Citigroup reduced their price target on 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 assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus 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.