Goelzer Investment Management Raised Its Holding in Pepsico (PEP) by $341,173 as Stock Price Declined; As Walt Disney Company (DIS) Stock Declined, Private Trust Co Has Trimmed Its Position by $656,445

April 26, 2018 - By Clifton Ray

The Walt Disney Company (NYSE:DIS) Logo

Private Trust Co decreased its stake in Walt Disney Company (DIS) by 21.53% based on its latest 2017Q4 regulatory filing with the SEC. Private Trust Co sold 6,135 shares as the company’s stock declined 8.57% with the market. The institutional investor held 22,358 shares of the television services company at the end of 2017Q4, valued at $2.40M, down from 28,493 at the end of the previous reported quarter. Private Trust Co who had been investing in Walt Disney Company for a number of months, seems to be less bullish one the $151.51B market cap company. The stock decreased 0.39% or $0.39 during the last trading session, reaching $100.76. About 1.18M shares traded. The Walt Disney Company (NYSE:DIS) has declined 11.59% since April 26, 2017 and is downtrending. It has underperformed by 23.14% the S&P500.

Goelzer Investment Management Inc increased its stake in Pepsico Inc (PEP) by 5.88% based on its latest 2017Q4 regulatory filing with the SEC. Goelzer Investment Management Inc bought 2,867 shares as the company’s stock declined 9.24% with the market. The institutional investor held 51,644 shares of the consumer non-durables company at the end of 2017Q4, valued at $6.19 million, up from 48,777 at the end of the previous reported quarter. Goelzer Investment Management Inc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $144.92B market cap company. The stock increased 0.93% or $0.945 during the last trading session, reaching $102.095. About 1.02 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 26, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Goelzer Investment Management Inc, which manages about $1.05B and $889.59 million US Long portfolio, decreased its stake in Procter And Gamble Co (NYSE:PG) by 26,533 shares to 70,109 shares, valued at $6.44 million in 2017Q4, according to the filing. It also reduced its holding in Dbx Etf Tr (DBEF) by 10,198 shares in the quarter, leaving it with 661,928 shares, and cut its stake in Allergan Plc.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 68 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, April 17 the stock rating was downgraded by Goldman Sachs to “Sell”. UBS maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Wednesday, October 7. UBS has “Buy” rating and $108 target. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Outperform” rating given on Friday, September 16 by Credit Suisse. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Positive” rating given on Wednesday, April 12 by Susquehanna. Jefferies maintained PepsiCo, Inc. (NASDAQ:PEP) on Thursday, January 4 with “Hold” rating. JP Morgan maintained the shares of PEP in report on Tuesday, April 19 with “Overweight” rating. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) on Friday, March 24 with “Hold” rating. Credit Suisse maintained the stock with “Hold” rating in Thursday, February 1 report. Evercore downgraded PepsiCo, Inc. (NASDAQ:PEP) on Wednesday, February 14 to “In-Line” rating. Jefferies maintained it with “Buy” rating and $122 target in Friday, September 30 report.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It worsened, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Interocean Llc stated it has 25,949 shares or 0.42% of all its holdings. Employees Retirement Sys Of Texas owns 381,700 shares or 0.58% of their US portfolio. Kings Point Cap Management stated it has 43,583 shares or 1.1% of all its holdings. Regent Mgmt Ltd Liability Corp has invested 0.32% in PepsiCo, Inc. (NASDAQ:PEP). Woodmont Invest Counsel reported 1.07% stake. Grace White owns 61,568 shares. Welch & Forbes Limited Company reported 611,777 shares stake. Park National Oh reported 210,541 shares or 1.41% of all its holdings. The Virginia-based Culbertson A N & Incorporated has invested 2.35% in PepsiCo, Inc. (NASDAQ:PEP). Sandy Spring Retail Bank has 92,939 shares. Dimensional Fund LP holds 3.78 million shares. Shine Inv Advisory Services accumulated 1,791 shares or 0.11% of the stock. New Mexico Educational Retirement Board invested in 137,285 shares or 0.62% of the stock. The New Jersey-based Princeton Strategies Gru Ltd has invested 1.48% in PepsiCo, Inc. (NASDAQ:PEP). Winslow Evans And Crocker has invested 0.25% in PepsiCo, Inc. (NASDAQ:PEP).

Since February 26, 2018, it had 0 buys, and 1 sale for $194,780 activity.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.01, from 0.89 in 2017Q3. It increased, as 58 investors sold DIS shares while 690 reduced holdings. 162 funds opened positions while 508 raised stakes. 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported. Moreover, Gould Asset Mgmt Ltd Llc Ca has 0.13% invested in The Walt Disney Company (NYSE:DIS). Birinyi Assoc owns 5,893 shares or 0.28% of their US portfolio. Impax Asset Limited Liability Co holds 1.26% or 203,615 shares in its portfolio. Ibm Retirement Fund accumulated 40,583 shares or 0.81% of the stock. Mckinley Capital Mgmt Limited Liability Delaware has invested 0.01% in The Walt Disney Company (NYSE:DIS). Patten Gp Inc holds 0.27% or 6,385 shares. Lathrop Inv Corp reported 3.57% in The Walt Disney Company (NYSE:DIS). Linscomb And Williams Incorporated invested 0.05% in The Walt Disney Company (NYSE:DIS). Holderness Commerce stated it has 10,956 shares. Woodley Farra Manion Portfolio Mngmt Incorporated holds 0.02% in The Walt Disney Company (NYSE:DIS) or 1,885 shares. Avalon Advsrs Ltd, Texas-based fund reported 98,312 shares. Chelsea Counsel has invested 0.6% of its portfolio in The Walt Disney Company (NYSE:DIS). Cim Investment Mangement Inc owns 6,920 shares. Norinchukin Bankshares The holds 1% of its portfolio in The Walt Disney Company (NYSE:DIS) for 528,855 shares. Rhumbline Advisers holds 0.61% or 2.77M shares.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 24 have Buy rating, 1 Sell and 14 Hold. Therefore 62% are positive. The Walt Disney Company had 155 analyst reports since July 24, 2015 according to SRatingsIntel. On Tuesday, January 19 the stock rating was maintained by Stifel Nicolaus with “Buy”. Nomura maintained The Walt Disney Company (NYSE:DIS) on Tuesday, April 26 with “Buy” rating. Barclays Capital maintained the shares of DIS in report on Friday, August 11 with “Equal-Weight” rating. The rating was maintained by Bank of America with “Buy” on Friday, September 8. FBR Capital maintained The Walt Disney Company (NYSE:DIS) rating on Friday, November 6. FBR Capital has “Outperform” rating and $126 target. Morgan Stanley maintained The Walt Disney Company (NYSE:DIS) rating on Thursday, July 14. Morgan Stanley has “Equalweight” rating and $105 target. The stock of The Walt Disney Company (NYSE:DIS) earned “Hold” rating by Cowen & Co on Monday, February 5. The firm has “Hold” rating by Jefferies given on Thursday, May 11. The stock has “Hold” rating by Deutsche Bank on Monday, August 10. The stock has “Buy” rating by GBH Insights on Wednesday, February 7.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart

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