Investors sold shares of PepsiCo, Inc. (NASDAQ:PEP) on strength during trading hours on Thursday. $110.39 million flowed into the stock on the tick-up and $205.10 million flowed out of the stock on the tick-down, for a money net flow of $94.71 million out of the stock. Of all companies tracked, PepsiCo had the 0th highest net out-flow for the day. PepsiCo traded up $0.94 for the day and closed at $115.77

PEP has been the topic of a number of research analyst reports. TheStreet raised shares of PepsiCo from a “c+” rating to a “b-” rating in a research note on Friday, July 6th. Zacks Investment Research raised shares of PepsiCo from a “sell” rating to a “hold” rating in a research note on Sunday, July 15th. Citigroup boosted their price target on shares of PepsiCo from $111.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, July 11th. BidaskClub raised shares of PepsiCo from a “hold” rating to a “buy” rating in a research note on Tuesday, June 26th. Finally, ValuEngine raised shares of PepsiCo from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $120.41.

The company has a market capitalization of $163.74 billion, a price-to-earnings ratio of 21.60, a P/E/G ratio of 2.73 and a beta of 0.68. The company has a debt-to-equity ratio of 3.00, a quick ratio of 1.09 and a current ratio of 1.24.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, July 10th. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.08. PepsiCo had a net margin of 7.14% and a return on equity of 67.06%. The firm had revenue of $16.09 billion for the quarter, compared to the consensus estimate of $16.05 billion. During the same period in the prior year, the firm earned $1.50 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. analysts predict that PepsiCo, Inc. will post 5.69 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 7th will be paid a dividend of $0.9275 per share. This represents a $3.71 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, September 6th. PepsiCo’s payout ratio is currently 70.94%.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. increased its position in shares of PepsiCo by 5.1% in the 1st quarter. BlackRock Inc. now owns 92,561,144 shares of the company’s stock valued at $10,103,049,000 after purchasing an additional 4,496,990 shares during the last quarter. Geode Capital Management LLC increased its position in shares of PepsiCo by 8.5% in the 4th quarter. Geode Capital Management LLC now owns 16,678,262 shares of the company’s stock valued at $1,996,271,000 after purchasing an additional 1,305,279 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of PepsiCo by 8.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 8,772,804 shares of the company’s stock valued at $957,552,000 after purchasing an additional 646,645 shares during the last quarter. UBS Asset Management Americas Inc. increased its position in shares of PepsiCo by 0.6% in the 4th quarter. UBS Asset Management Americas Inc. now owns 7,174,653 shares of the company’s stock valued at $860,384,000 after purchasing an additional 41,529 shares during the last quarter. Finally, Amundi Pioneer Asset Management Inc. increased its position in shares of PepsiCo by 11.3% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 7,017,904 shares of the company’s stock valued at $766,005,000 after purchasing an additional 711,290 shares during the last quarter. 69.74% of the stock is currently owned by hedge funds and other institutional investors.

About PepsiCo

PepsiCo, Inc operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay's and Ruffles potato chips; Doritos, Tostitos, and Santitas tortilla chips; and Cheetos snacks, branded dips, and Fritos corn chips. The company's Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the brands Quaker, Aunt Jemima, Cap'n crunch, life, Quaker Chewy, and Rice-A-Roni.

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