Qs Investors LLC Increases Position in Pepsico INC (PEP)

March 13, 2018 - By Ellis Scott

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It increased, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Ancora Advisors Limited Company holds 63,532 shares or 0.41% of its portfolio. Hanson Mcclain Incorporated invested in 4,373 shares or 0.04% of the stock. Clarivest Asset Management stated it has 1.1% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). City Holdg Commerce has invested 0.86% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Mutual Of America Cap Mgmt Limited Liability has 0.39% invested in PepsiCo, Inc. (NASDAQ:PEP). Cim Inv Mangement Incorporated, Pennsylvania-based fund reported 4,787 shares. Eubel Brady & Suttman Asset Mgmt accumulated 0.09% or 2,625 shares. Bradley Foster And Sargent Inc Ct holds 1.96% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 461,264 shares. Doheny Asset Ca holds 0.65% or 12,770 shares. Burney has invested 0.62% in PepsiCo, Inc. (NASDAQ:PEP). Excalibur Management Corp stated it has 2.22% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Financial Advisory holds 0.08% or 2,651 shares. Hendershot Invs Incorporated accumulated 13,756 shares or 0.65% of the stock. Bernzott Advisors invested in 0.61% or 38,631 shares. Lindsell Train invested in 2.38 million shares or 8.95% of the stock.

Since October 10, 2017, it had 0 buys, and 1 sale for $2.37 million activity.

Qs Investors Llc increased its stake in Pepsico Inc (PEP) by 9.2% based on its latest 2017Q3 regulatory filing with the SEC. Qs Investors Llc bought 35,198 shares as the company’s stock rose 5.12% with the market. The institutional investor held 417,952 shares of the consumer non-durables company at the end of 2017Q3, valued at $46.57M, up from 382,754 at the end of the previous reported quarter. Qs Investors Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $161.47 billion market cap company. The stock increased 0.86% or $0.97 during the last trading session, reaching $113.72. About 2.01M shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since March 13, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Qs Investors Llc, which manages about $4.98B and $12.33 billion US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 61,413 shares to 549,770 shares, valued at $84.73 million in 2017Q3, according to the filing. It also reduced its holding in Schwab Strategic Tr (SCHX) by 75,582 shares in the quarter, leaving it with 2.62 million shares, and cut its stake in Citigroup Inc (NYSE:C).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “PepsiCo: A Quiet Double-Digit Performer” on March 09, 2018, also Usnews.com with their article: “How Can Pepsi Keep the Fizz in Its Stock?” published on February 12, 2018, Seekingalpha.com published: “PepsiCo, Inc.: Taking All The Right Steps” on February 13, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Fool.com and their article: “Why PepsiCo Has Turned Cautious on Growth” published on February 21, 2018 as well as Cnbc.com‘s news article titled: “PepsiCo takes its vending brand Hello Goodness online to woo consumers who …” with publication date: February 28, 2018.

PepsiCo, Inc. (NASDAQ:PEP) Ratings Coverage

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, September 18 the stock rating was maintained by Jefferies with “Buy”. The stock has “Buy” rating by Sterne Agee CRT on Tuesday, July 21. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, October 7. On Friday, May 26 the stock rating was maintained by RBC Capital Markets with “Hold”. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $11500 target. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Thursday, January 4 by Wells Fargo. The rating was downgraded by Credit Suisse to “Neutral” on Friday, September 8. On Monday, October 2 the stock rating was downgraded by Jefferies to “Hold”. The stock has “Buy” rating by Susquehanna on Monday, February 12. UBS maintained PepsiCo, Inc. (NASDAQ:PEP) on Wednesday, October 7 with “Buy” rating.

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