Traders sold shares of PepsiCo Inc. (NYSE:PEP) on strength during trading on Thursday. $55.25 million flowed into the stock on the tick-up and $85.53 million flowed out of the stock on the tick-down, for a money net flow of $30.28 million out of the stock. Of all equities tracked, PepsiCo had the 0th highest net out-flow for the day. PepsiCo traded up $0.65 for the day and closed at $108.13

PEP has been the topic of several research analyst reports. Bank of America Corp. reissued a “buy” rating and set a $105.00 target price on shares of PepsiCo in a research note on Thursday, March 31st. Nomura reissued a “hold” rating and set a $100.00 target price on shares of PepsiCo in a research note on Thursday, March 31st. Vetr raised PepsiCo from a “hold” rating to a “buy” rating and set a $107.05 price target on the stock in a research note on Monday, April 4th. Stifel Nicolaus cut PepsiCo from a “buy” rating to a “hold” rating and reduced their price target for the stock from $107.62 to $103.13 in a research note on Thursday, April 14th. They noted that the move was a valuation call. Finally, Susquehanna reaffirmed a “hold” rating and issued a $105.00 price target on shares of PepsiCo in a research note on Thursday, April 14th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $109.68.

The stock has a market cap of $155.62 billion and a P/E ratio of 30.55. The firm’s 50-day moving average price is $106.10 and its 200-day moving average price is $102.14.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 2nd will be issued 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 yield of 2.78%.

In other news, SVP Marie T. Gallagher sold 13,586 shares of PepsiCo stock in a transaction on Monday, July 11th. The stock was sold at an average price of $109.01, for a total value of $1,481,009.86. Following the transaction, the senior vice president now directly owns 58,183 shares in the company, valued at approximately $6,342,528.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Indra K. Nooyi sold 304,220 shares of PepsiCo stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $103.31, for a total value of $31,428,968.20. Following the completion of the transaction, the chief executive officer now owns 649,818 shares in the company, valued at $67,132,697.58. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have made changes to their positions in the company. Schaper Benz & Wise Investment Counsel Inc. WI increased its position 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 valued at $1,025,000 after buying an additional 86 shares during the period. IFC Holdings Incorporated FL increased its position 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 valued at $1,059,000 after buying an additional 700 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position 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 valued at $1,090,000 after buying an additional 532 shares during the period. ARGI Investment Services LLC increased its position 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 valued at $1,161,000 after buying an additional 310 shares during the period. Finally, Sfmg LLC increased its position in shares of PepsiCo by 1.7% in the fourth quarter. Sfmg LLC now owns 11,644 shares of the company’s stock valued at $1,163,000 after buying an additional 200 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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