Traders bought shares of PepsiCo Inc. (NYSE:PEP) on weakness during trading hours on Tuesday. $76.00 million flowed into the stock on the tick-up and $58.15 million flowed out of the stock on the tick-down, for a money net flow of $17.85 million into the stock. Of all stocks tracked, PepsiCo had the 26th highest net in-flow for the day. PepsiCo traded down ($0.82) for the day and closed at $108.20

A number of equities research analysts recently weighed in on PEP shares. Bank of America Corp. reissued a “buy” rating and set a $105.00 target price on shares of PepsiCo in a research report on Thursday, March 31st. Nomura Holdings Inc. reissued a “hold” rating and set a $100.00 target price on shares of PepsiCo in a research report on Thursday, March 31st. Vetr raised PepsiCo from a “hold” rating to a “buy” rating and set a $107.05 price objective on the stock in a report on Monday, April 4th. Stifel Nicolaus downgraded PepsiCo from a “buy” rating to a “hold” rating and decreased their price objective for the company from $107.62 to $103.13 in a report on Thursday, April 14th. They noted that the move was a valuation call. Finally, Susquehanna reaffirmed a “hold” rating and set a $105.00 price objective on shares of PepsiCo in a report on Thursday, April 14th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the stock. PepsiCo has an average rating of “Hold” and a consensus price target of $109.68.

The company’s 50 day moving average is $105.82 and its 200 day moving average is $102.06. The firm has a market capitalization of $155.72 billion and a P/E ratio of 30.57.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 2nd will be given a dividend of $0.7525 per share. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $3.01 annualized dividend and a dividend yield of 2.78%.

In other PepsiCo news, CEO Albert P. Carey sold 170,003 shares of the firm’s stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of $108.81, for a total value of $18,498,026.43. Following the sale, the chief executive officer now owns 306,138 shares in the company, valued at $33,310,875.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ramon Laguarta sold 17,221 shares of the firm’s stock in a transaction that occurred on Monday, July 11th. The shares were sold at an average price of $108.27, for a total transaction of $1,864,517.67. Following the completion of the sale, the chief executive officer now owns 142,325 shares in the company, valued at approximately $15,409,527.75. The disclosure for this sale can be found here.

A number of hedge funds recently modified their holdings of PEP. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in shares of PepsiCo by 0.8% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 10,262 shares of the company’s stock worth $1,025,000 after buying an additional 86 shares in the last quarter. IFC Holdings Incorporated FL raised its stake in shares of PepsiCo by 7.0% in the fourth quarter. IFC Holdings Incorporated FL now owns 10,641 shares of the company’s stock worth $1,059,000 after buying an additional 700 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its stake in shares of PepsiCo by 5.1% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 10,912 shares of the company’s stock worth $1,090,000 after buying an additional 532 shares in the last quarter. ARGI Investment Services LLC raised its stake in shares of PepsiCo by 2.7% in the fourth quarter. ARGI Investment Services LLC now owns 11,623 shares of the company’s stock worth $1,161,000 after buying an additional 310 shares in the last quarter. Finally, Sfmg LLC raised its stake in shares of PepsiCo by 1.7% in the fourth quarter. Sfmg LLC now owns 11,644 shares of the company’s stock worth $1,163,000 after buying an additional 200 shares in the last quarter.

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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