Kleinwort Benson Investors Dublin Ltd purchased a new stake in shares of PepsiCo Inc. (NYSE:PEP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,055 shares of the company’s stock, valued at approximately $218,000.

Other institutional investors have also modified their holdings of the company. First American Trust FSB boosted its position in shares of PepsiCo by 35.1% in the first quarter. First American Trust FSB now owns 68,398 shares of the company’s stock valued at $7,009,000 after buying an additional 17,752 shares in the last quarter. Curbstone Financial Management Corp boosted its position in shares of PepsiCo by 2.3% in the first quarter. Curbstone Financial Management Corp now owns 28,992 shares of the company’s stock valued at $2,971,000 after buying an additional 650 shares in the last quarter. Indiana Trust & Investment Management CO boosted its position in shares of PepsiCo by 52.8% in the first quarter. Indiana Trust & Investment Management CO now owns 28,103 shares of the company’s stock valued at $2,880,000 after buying an additional 9,716 shares in the last quarter. First Financial Bank N.A. Trust Division boosted its position in shares of PepsiCo by 0.6% in the first quarter. First Financial Bank N.A. Trust Division now owns 93,868 shares of the company’s stock valued at $9,620,000 after buying an additional 568 shares in the last quarter. Finally, Trust Co. of Virginia VA boosted its position in shares of PepsiCo by 9.5% in the first quarter. Trust Co. of Virginia VA now owns 73,429 shares of the company’s stock valued at $7,525,000 after buying an additional 6,347 shares in the last quarter. 69.81% of the stock is owned by institutional investors.

PepsiCo Inc. (NYSE:PEP) traded up 0.78% during mid-day trading on Wednesday, reaching $107.13. 3,913,862 shares of the company were exchanged. PepsiCo Inc. has a 12 month low of $91.45 and a 12 month high of $110.94. The company’s 50 day moving average price is $107.39 and its 200-day moving average price is $104.77. The stock has a market capitalization of $154.18 billion, a P/E ratio of 30.27 and a beta of 0.48.

PepsiCo (NYSE:PEP) last issued its quarterly earnings results on Thursday, July 7th. The company reported $1.35 EPS for the quarter, topping the Zacks’ consensus estimate of $1.30 by $0.05. PepsiCo had a return on equity of 54.91% and a net margin of 8.34%. The company had revenue of $15.40 billion for the quarter. During the same quarter in the previous year, the business posted $1.32 EPS. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, equities analysts expect that PepsiCo Inc. will post $4.76 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Friday, September 2nd will be paid a $0.7525 dividend. This represents a $3.01 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, August 31st. PepsiCo’s dividend payout ratio (DPR) is presently 84.79%.

PEP has been the subject of several recent research reports. Vetr cut shares of PepsiCo from a “buy” rating to a “hold” rating and set a $104.63 price target for the company. in a research report on Wednesday, June 1st. Susquehanna reaffirmed a “neutral” rating on shares of PepsiCo in a research report on Tuesday, June 14th. Zacks Investment Research raised shares of PepsiCo from a “hold” rating to a “buy” rating and set a $116.00 price objective for the company in a research report on Tuesday, June 21st. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a $104.00 price objective (down from $105.00) on shares of PepsiCo in a research report on Wednesday, June 29th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of PepsiCo in a research report on Wednesday, June 29th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $110.96.

In related news, CEO Ramon Laguarta sold 17,221 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 142,325 shares of the company’s stock, valued at $15,409,527.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Albert P. Carey sold 170,003 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 306,138 shares in the company, valued at $33,310,875.78. The disclosure for this sale can be found here. 0.33% of the stock is owned by corporate insiders.

PepsiCo Company Profile

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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