Traders bought shares of PepsiCo Inc. (NYSE:PEP) on weakness during trading hours on Monday. $95.23 million flowed into the stock on the tick-up and $43.66 million flowed out of the stock on the tick-down, for a money net flow of $51.57 million into the stock. Of all stocks tracked, PepsiCo had the 8th highest net in-flow for the day. PepsiCo traded down ($0.17) for the day and closed at $109.02

A number of equities analysts recently commented on PEP shares. Bank of America Corp. restated a “buy” rating and set a $112.00 target price (up previously from $105.00) on shares of PepsiCo in a report on Friday, April 15th. Vetr upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $105.64 target price for the company in a report on Monday, March 28th. Zacks Investment Research upgraded PepsiCo from a “hold” rating to a “buy” rating and set a $116.00 target price for the company in a report on Tuesday, April 19th. Morgan Stanley restated a “buy” rating and set a $119.00 target price on shares of PepsiCo in a report on Monday, April 18th. Finally, Deutsche Bank AG restated a “buy” rating and set a $115.00 target price on shares of PepsiCo in a report on Saturday, April 23rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $109.68.

The stock has a market cap of $156.90 billion and a P/E ratio of 30.81. The firm’s 50-day moving average price is $105.66 and its 200-day moving average price is $101.98.

PepsiCo (NYSE:PEP) last posted its quarterly earnings results on Thursday, July 7th. The company reported $1.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.30 by $0.05. The business earned $15.40 billion during the quarter. PepsiCo’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS. On average, analysts forecast that PepsiCo Inc. will post $4.76 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Friday, September 2nd will be given a dividend of $0.7525 per share. This represents a $3.01 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Wednesday, August 31st.

In other news, CEO Ramon Laguarta sold 17,221 shares of PepsiCo stock in a transaction dated Monday, July 11th. The stock was sold at an average price of $108.27, for a total transaction of $1,864,517.67. Following the sale, the chief executive officer now owns 142,325 shares in the company, valued at $15,409,527.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laxman Narasimhan sold 3,219 shares of PepsiCo stock in a transaction dated Wednesday, July 13th. The stock was sold at an average price of $109.11, for a total value of $351,225.09. Following the sale, the chief executive officer now owns 97,057 shares in the company, valued at approximately $10,589,889.27. The disclosure for this sale can be found here.

Several hedge funds have recently bought and sold shares of the company. Westfield Capital Management Co. LP boosted its stake in PepsiCo by 16.9% in the fourth quarter. Westfield Capital Management Co. LP now owns 52,142 shares of the company’s stock worth $5,210,000 after buying an additional 7,540 shares during the period. KBC Group NV boosted its stake in PepsiCo by 1.5% in the fourth quarter. KBC Group NV now owns 655,385 shares of the company’s stock worth $65,487,000 after buying an additional 9,849 shares during the period. Flippin Bruce & Porter Inc. boosted its stake in PepsiCo by 2.8% in the fourth quarter. Flippin Bruce & Porter Inc. now owns 45,471 shares of the company’s stock worth $4,543,000 after buying an additional 1,223 shares during the period. Employees Retirement System of Texas boosted its stake in PepsiCo by 11.3% in the fourth quarter. Employees Retirement System of Texas now owns 436,900 shares of the company’s stock worth $43,655,000 after buying an additional 44,400 shares during the period. Finally, Morningstar Investment Services LLC boosted its stake in PepsiCo by 10.8% in the fourth quarter. Morningstar Investment Services LLC now owns 59,043 shares of the company’s stock worth $5,900,000 after buying an additional 5,757 shares during the period.

PepsiCo, Inc is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Company operates through six segments, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa.

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