One Plus One Wealth Management LLC Has $217,000 Stake in PepsiCo, Inc. (NASDAQ:PEP)

One Plus One Wealth Management LLC decreased its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 25.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,448 shares of the company’s stock after selling 500 shares during the period. One Plus One Wealth Management LLC’s holdings in PepsiCo were worth $217,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in PEP. Ossiam increased its holdings in PepsiCo by 138.9% in the fourth quarter. Ossiam now owns 73,604 shares of the company’s stock worth $11,192,000 after buying an additional 42,793 shares during the last quarter. OMERS ADMINISTRATION Corp increased its holdings in PepsiCo by 12.1% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 124,797 shares of the company’s stock worth $18,977,000 after buying an additional 13,461 shares during the last quarter. Hutner Capital Management Inc. increased its holdings in PepsiCo by 14.6% in the fourth quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company’s stock worth $8,178,000 after buying an additional 6,865 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new position in PepsiCo during the fourth quarter valued at approximately $47,899,000. Finally, WCM Investment Management LLC grew its holdings in PepsiCo by 147.6% during the fourth quarter. WCM Investment Management LLC now owns 14,692 shares of the company’s stock valued at $2,229,000 after purchasing an additional 8,759 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Down 0.8%

Shares of PEP stock opened at $130.03 on Friday. The stock has a market cap of $178.28 billion, a P/E ratio of 18.71, a price-to-earnings-growth ratio of 3.09 and a beta of 0.45. PepsiCo, Inc. has a one year low of $127.75 and a one year high of $180.91. The stock has a fifty day moving average price of $136.15 and a 200 day moving average price of $146.16. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65.

PepsiCo (NASDAQ:PEP) last issued its earnings results on Thursday, April 24th. The company reported $1.48 EPS for the quarter, missing the consensus estimate of $1.49 by ($0.01). The firm had revenue of $17.92 billion during the quarter, compared to the consensus estimate of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The firm’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period last year, the business earned $1.61 earnings per share. Analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be given a $1.4225 dividend. This is a boost from PepsiCo’s previous quarterly dividend of $1.36. This represents a $5.69 annualized dividend and a yield of 4.38%. The ex-dividend date is Friday, June 6th. PepsiCo’s dividend payout ratio (DPR) is 83.68%.

Analysts Set New Price Targets

Several brokerages have commented on PEP. Evercore ISI set a $140.00 price target on PepsiCo in a report on Thursday, April 24th. Citigroup lowered their price target on PepsiCo from $170.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, April 25th. Bank of America lowered their price target on PepsiCo from $155.00 to $150.00 and set a “neutral” rating on the stock in a report on Friday, April 25th. Jefferies Financial Group downgraded PepsiCo from a “buy” rating to a “hold” rating and lowered their price target for the company from $171.00 to $170.00 in a report on Wednesday, March 12th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $163.00 price objective on shares of PepsiCo in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $160.69.

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.