PepsiCo, Inc. (NASDAQ:PEP) Shares Acquired by First Command Financial Services Inc.

First Command Financial Services Inc. grew its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 3.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,927 shares of the company’s stock after purchasing an additional 291 shares during the quarter. PepsiCo makes up about 0.6% of First Command Financial Services Inc.’s portfolio, making the stock its 25th biggest holding. First Command Financial Services Inc.’s holdings in PepsiCo were worth $1,357,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Donaldson Capital Management LLC increased its position in shares of PepsiCo by 2.1% in the fourth quarter. Donaldson Capital Management LLC now owns 252,255 shares of the company’s stock valued at $34,476,000 after buying an additional 5,123 shares in the last quarter. Atlas Brown Inc. lifted its position in shares of PepsiCo by 3.8% during the 4th quarter. Atlas Brown Inc. now owns 22,695 shares of the company’s stock valued at $3,102,000 after buying an additional 828 shares in the last quarter. Horrell Capital Management Inc. lifted its position in shares of PepsiCo by 0.4% during the 4th quarter. Horrell Capital Management Inc. now owns 32,415 shares of the company’s stock valued at $4,430,000 after buying an additional 114 shares in the last quarter. Acropolis Investment Management LLC lifted its position in shares of PepsiCo by 1.2% during the 4th quarter. Acropolis Investment Management LLC now owns 8,746 shares of the company’s stock valued at $1,195,000 after buying an additional 104 shares in the last quarter. Finally, Surevest Inc. grew its stake in PepsiCo by 25.9% in the 4th quarter. Surevest Inc. now owns 16,874 shares of the company’s stock valued at $2,306,000 after acquiring an additional 3,476 shares during the period. 71.14% of the stock is owned by hedge funds and other institutional investors.

PepsiCo stock traded up $0.15 during midday trading on Tuesday, reaching $136.68. The company had a trading volume of 97,439 shares, compared to its average volume of 3,694,697. The company has a market capitalization of $187.59 billion, a P/E ratio of 24.15, a P/E/G ratio of 3.24 and a beta of 0.53. PepsiCo, Inc. has a 12-month low of $106.73 and a 12-month high of $140.45. The firm’s fifty day simple moving average is $136.37 and its 200-day simple moving average is $134.51. The company has a debt-to-equity ratio of 2.08, a current ratio of 0.95 and a quick ratio of 0.77.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Investors of record on Friday, December 6th were paid a $0.955 dividend. This represents a $3.82 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date was Thursday, December 5th. PepsiCo’s dividend payout ratio is presently 67.49%.

A number of equities analysts have weighed in on the stock. Citigroup upped their price objective on shares of PepsiCo from $139.00 to $143.00 and gave the stock a “neutral” rating in a research report on Friday, October 4th. Credit Suisse Group increased their price objective on shares of PepsiCo from $117.00 to $126.00 and gave the company an “underperform” rating in a report on Friday, October 4th. BMO Capital Markets reiterated a “market perform” rating and issued a $133.00 target price (up previously from $128.00) on shares of PepsiCo in a research report on Friday, October 4th. Guggenheim set a $130.00 target price on shares of PepsiCo and gave the stock a “hold” rating in a research note on Thursday, September 26th. Finally, JPMorgan Chase & Co. set a $154.00 price target on shares of PepsiCo and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $135.53.

PepsiCo Company Profile

PepsiCo, Inc operates as a food and beverage company worldwide. The company's Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay's potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap'n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.

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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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