Aperio Group LLC raised its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,093,844 shares of the company’s stock after purchasing an additional 51,930 shares during the quarter. PepsiCo accounts for approximately 0.5% of Aperio Group LLC’s investment portfolio, making the stock its 23rd largest holding. Aperio Group LLC owned approximately 0.08% of PepsiCo worth $122,292,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc raised its holdings in shares of PepsiCo by 1.2% in the second quarter. IFP Advisors Inc now owns 36,628 shares of the company’s stock valued at $3,988,000 after acquiring an additional 443 shares in the last quarter. Heritage Way Advisors LLC raised its holdings in shares of PepsiCo by 2.6% in the second quarter. Heritage Way Advisors LLC now owns 17,575 shares of the company’s stock valued at $1,913,000 after acquiring an additional 450 shares in the last quarter. R.M.SINCERBEAUX Capital Management LLC raised its holdings in shares of PepsiCo by 22.5% in the second quarter. R.M.SINCERBEAUX Capital Management LLC now owns 2,450 shares of the company’s stock valued at $267,000 after acquiring an additional 450 shares in the last quarter. Edgemoor Investment Advisors Inc. raised its holdings in shares of PepsiCo by 6.7% in the second quarter. Edgemoor Investment Advisors Inc. now owns 7,214 shares of the company’s stock valued at $785,000 after acquiring an additional 450 shares in the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of PepsiCo by 1.4% in the second quarter. Sigma Planning Corp now owns 32,120 shares of the company’s stock valued at $3,497,000 after acquiring an additional 450 shares in the last quarter. Institutional investors and hedge funds own 70.58% of the company’s stock.

In other PepsiCo news, CEO Laxman Narasimhan sold 5,500 shares of the business’s stock in a transaction dated Thursday, October 4th. The shares were sold at an average price of $106.79, for a total value of $587,345.00. Following the completion of the transaction, the chief executive officer now directly owns 130,135 shares in the company, valued at $13,897,116.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mike Spanos sold 20,074 shares of the business’s stock in a transaction dated Wednesday, October 31st. The stock was sold at an average price of $112.42, for a total transaction of $2,256,719.08. Following the completion of the transaction, the chief executive officer now owns 35,520 shares of the company’s stock, valued at $3,993,158.40. The disclosure for this sale can be found here. Insiders sold 205,893 shares of company stock valued at $22,663,157 over the last quarter. 0.27% of the stock is currently owned by corporate insiders.

Several analysts recently weighed in on the company. Zacks Investment Research restated a “sell” rating on shares of PepsiCo in a report on Wednesday, November 14th. BidaskClub upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Thursday, November 15th. Deutsche Bank decreased their price objective on PepsiCo from $118.00 to $116.00 and set a “hold” rating for the company in a report on Wednesday, October 3rd. ValuEngine upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Saturday, December 1st. Finally, Morgan Stanley decreased their price objective on PepsiCo from $127.00 to $125.00 and set a “buy” rating for the company in a report on Thursday, October 4th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $117.89.

Shares of PepsiCo stock opened at $115.82 on Friday. The stock has a market capitalization of $166.28 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 2.95 and a beta of 0.60. The company has a quick ratio of 1.15, a current ratio of 1.31 and a debt-to-equity ratio of 2.95. PepsiCo, Inc. has a one year low of $95.94 and a one year high of $122.51.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, October 2nd. The company reported $1.59 EPS for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.02. The business had revenue of $16.49 billion during the quarter, compared to the consensus estimate of $16.38 billion. PepsiCo had a net margin of 7.66% and a return on equity of 73.27%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.48 earnings per share. On average, sell-side analysts anticipate that PepsiCo, Inc. will post 5.65 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 7th will be issued a $0.9275 dividend. The ex-dividend date is Thursday, December 6th. This represents a $3.71 dividend on an annualized basis and a yield of 3.20%. PepsiCo’s dividend payout ratio is presently 70.94%.

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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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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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