Traders purchased shares of PepsiCo Inc. (NYSE:PEP) on weakness during trading on Tuesday. $69.60 million flowed into the stock on the tick-up and $47.22 million flowed out of the stock on the tick-down, for a money net flow of $22.38 million into the stock. Of all stocks tracked, PepsiCo had the 17th highest net in-flow for the day. PepsiCo traded down ($0.72) for the day and closed at $108.00

Several equities analysts recently commented on the company. Sanford C. Bernstein reissued an “outperform” rating and set a $118.00 price target on shares of PepsiCo in a research report on Wednesday, August 10th. BMO Capital Markets reissued an “outperform” rating on shares of PepsiCo in a research report on Friday, July 15th. Zacks Investment Research lowered PepsiCo from a “buy” rating to a “hold” rating in a research report on Wednesday, July 13th. Argus boosted their price target on PepsiCo from $116.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, July 13th. Finally, Susquehanna reissued a “neutral” rating on shares of PepsiCo in a research report on Sunday, July 10th. One 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 has an average rating of “Hold” and an average target price of $109.83.

The firm has a market capitalization of $155.43 billion and a P/E ratio of 30.52. The stock has a 50-day moving average price of $108.03 and a 200 day moving average price of $103.35.

PepsiCo (NYSE:PEP) last posted its quarterly earnings results on Thursday, July 7th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.30 by $0.05. The firm earned $15.40 billion during the quarter. During the same period last year, the business posted $1.32 earnings per share. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. Equities research analysts expect 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. Shareholders of record on Friday, September 2nd will be issued a $0.7525 dividend. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $3.01 annualized dividend and a yield of 2.79%.

In other PepsiCo news, CEO Ramon Laguarta sold 17,221 shares of the company’s stock in a transaction that occurred on Monday, July 11th. The stock was sold at an average price of $108.27, for a total value of $1,864,517.67. Following the completion of the transaction, the chief executive officer now owns 142,325 shares of the company’s stock, valued at approximately $15,409,527.75. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mehmood Khan sold 51,137 shares of the company’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $107.30, for a total value of $5,487,000.10. Following the completion of the transaction, the executive vice president now directly owns 164,464 shares of the company’s stock, valued at approximately $17,646,987.20. The disclosure for this sale can be found here.

A number of institutional investors have recently bought and sold shares of the stock. Schaper Benz & Wise Investment Counsel Inc. WI boosted its position in 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. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in 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. Private Capital Management Inc. purchased a new position in PepsiCo during the fourth quarter valued at approximately $1,129,000. Keel Point LLC boosted its position in PepsiCo by 0.6% in the fourth quarter. Keel Point LLC now owns 12,636 shares of the company’s stock valued at $1,263,000 after buying an additional 71 shares during the period. Finally, Checchi Capital Advisers LLC boosted its position in PepsiCo by 13.8% in the fourth quarter. Checchi Capital Advisers LLC now owns 13,716 shares of the company’s stock valued at $1,371,000 after buying an additional 1,668 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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