Is Macquarie Research Now Positive For Pepsico Inc (NYSE:PEP)?

September 17, 2017 - By Stephen Andrade

 Is Macquarie Research Now Positive For Pepsico Inc (NYSE:PEP)?

Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.18, from 0.79 in 2016Q3. It increased, as 68 investors sold PepsiCo, Inc. shares while 674 reduced holdings. 102 funds opened positions while 618 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported.

Robshaw & Julian owns 2.95% invested in PepsiCo, Inc. (NYSE:PEP) for 38,111 shares. Corda Inv Mngmt Ltd Liability Company reported 157,369 shares stake. Americafirst Cap Mngmt Ltd Co stated it has 0% of its portfolio in PepsiCo, Inc. (NYSE:PEP). 903,897 were accumulated by Ci Inc. Montag A Associates owns 62,689 shares for 0.78% of their portfolio. Grisanti Mngmt Limited reported 0.09% of its portfolio in PepsiCo, Inc. (NYSE:PEP). California Pub Employees Retirement holds 0.61% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 3.47 million shares. Letko Brosseau has 0.24% invested in PepsiCo, Inc. (NYSE:PEP). Deltec Asset Ltd Liability Com invested in 20,959 shares. Davis R M Inc reported 415,978 shares. Lowe Brockenbrough Co has invested 1.89% in PepsiCo, Inc. (NYSE:PEP). New Jersey-based Kcg Holdings Incorporated has invested 0.03% in PepsiCo, Inc. (NYSE:PEP). Moreover, Mechanics Bancshares Department has 0.87% invested in PepsiCo, Inc. (NYSE:PEP). Opus Grp Ltd Liability Corporation has 11,773 shares for 0.18% of their portfolio. Valmark Advisers invested 0.01% of its portfolio in PepsiCo, Inc. (NYSE:PEP).

Since April 28, 2017, it had 0 insider buys, and 1 sale for $337,775 activity. 3,000 shares were sold by TRUDELL CYNTHIA, worth $337,775.

How Macquarie Research Currently Rates Pepsico Inc (NYSE:PEP)

Macquarie Research revealed to clients and investors in an analysts note that it initiated coverage on Pepsico Inc (NYSE:PEP) stock, with Outperform rating.

Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.18, from 0.79 in 2016Q3. It increased, as 68 investors sold PepsiCo, Inc. shares while 674 reduced holdings. 102 funds opened positions while 618 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported.

Robshaw & Julian owns 2.95% invested in PepsiCo, Inc. (NYSE:PEP) for 38,111 shares. Corda Inv Mngmt Ltd Liability Company reported 157,369 shares stake. Americafirst Cap Mngmt Ltd Co stated it has 0% of its portfolio in PepsiCo, Inc. (NYSE:PEP). 903,897 were accumulated by Ci Inc. Montag A Associates owns 62,689 shares for 0.78% of their portfolio. Grisanti Mngmt Limited reported 0.09% of its portfolio in PepsiCo, Inc. (NYSE:PEP). California Pub Employees Retirement holds 0.61% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 3.47 million shares. Letko Brosseau has 0.24% invested in PepsiCo, Inc. (NYSE:PEP). Deltec Asset Ltd Liability Com invested in 20,959 shares. Davis R M Inc reported 415,978 shares. Lowe Brockenbrough Co has invested 1.89% in PepsiCo, Inc. (NYSE:PEP). New Jersey-based Kcg Holdings Incorporated has invested 0.03% in PepsiCo, Inc. (NYSE:PEP). Moreover, Mechanics Bancshares Department has 0.87% invested in PepsiCo, Inc. (NYSE:PEP). Opus Grp Ltd Liability Corporation has 11,773 shares for 0.18% of their portfolio. Valmark Advisers invested 0.01% of its portfolio in PepsiCo, Inc. (NYSE:PEP).

Since April 28, 2017, it had 0 insider buys, and 1 sale for $337,775 activity. 3,000 shares were sold by TRUDELL CYNTHIA, worth $337,775.

PepsiCo, Inc. (NYSE:PEP) Ratings Coverage

Among 19 analysts covering PepsiCo (NYSE:PEP), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. PepsiCo has $13300 highest and $81 lowest target. $115.26’s average target is 0.36% above currents $114.85 stock price. PepsiCo had 51 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, September 6. The stock has “Buy” rating by Jefferies on Friday, September 30. The rating was maintained by Citigroup with “Neutral” on Tuesday, April 19. Goldman Sachs maintained the stock with “Neutral” rating in Tuesday, April 19 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 7 report. The stock has “Hold” rating by RBC Capital Markets on Friday, May 26. Jefferies maintained the stock with “Buy” rating in Tuesday, August 15 report. The company was maintained on Tuesday, August 1 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, October 7 by UBS. The company was downgraded on Friday, February 26 by Sterne Agee CRT.

The stock increased 0.57% or $0.65 on September 15, reaching $114.85. About 5.54 million shares traded or 76.43% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since September 17, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Analysts expect PepsiCo, Inc. (NYSE:PEP) to report $1.42 EPS on October, 4 before the open.They anticipate $0.02 EPS change or 1.43 % from last quarter’s $1.4 EPS. PEP’s profit would be $2.02 billion giving it 20.22 P/E if the $1.42 EPS is correct. After having $1.50 EPS previously, PepsiCo, Inc.’s analysts see -5.33 % EPS growth.

PepsiCo, Inc. is a global food and beverage company. The company has market cap of $163.72 billion. The Company’s portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. It has a 24.33 P/E ratio. The Firm operates through six divisions: Frito-Lay North America , Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA).

More notable recent PepsiCo, Inc. (NYSE:PEP) news were published by: Fool.com which released: “Better Buy: Procter & Gamble Co vs. PepsiCo, Inc.” on August 26, 2017, also Seekingalpha.com with their article: “Credit Suisse cautious on PepsiCo” published on September 08, 2017, Seekingalpha.com published: “Bets being placed on PepsiCo” on September 15, 2017. More interesting news about PepsiCo, Inc. (NYSE:PEP) were released by: Seekingalpha.com and their article: “Pepsi Has The Wind At Its Back” published on September 13, 2017 as well as Prnewswire.com‘s news article titled: “PepsiCo Announces Timing and Availability of Third Quarter 2017 Financial …” with publication date: September 06, 2017.

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