Pepsico (NASDAQ:PEP) Given Hold Rating at Jefferies Group

Adjust Comment Print

Jefferies has "Buy" rating and $13000 target. (NASDAQ:PEP) has "Neutral" rating given on Friday, September 8 by Credit Suisse. KeyBanc Capital Markets maintained the stock with "Buy" rating in Tuesday, October 3 report. The firm has "Buy" rating given on Tuesday, October 3 by Cowen & Co. Harvest Management has invested 0.08% of its portfolio in Amgen Inc. Patriot Wealth Management Inc. now owns 41,517 shares of the company's stock valued at $4,979,000 after buying an additional 610 shares in the last quarter. Lindsell Train Ltd who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $166.93 billion market cap company. 2,669,100 shares of the stock were exchanged, compared to its average volume of 3,510,000.

Jefferies Group restated their hold rating on shares of Pepsico (NASDAQ:PEP) in a research note released on Thursday, January 4th. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1 in Q3 2017. Shareholders of record on Friday, December 1st were paid a $0.805 dividend. It improved, as 13 investors sold HSC shares while 71 reduced holdings. 104 funds opened positions while 328 raised stakes. (NASDAQ:PEP). Farmers And Merchants, a Nebraska-based fund reported 150,391 shares. About 297,990 shares traded. Barnett Incorporated has 0.04% invested in Premier, Inc. (NASDAQ:PEP) for 414,600 shares. Archford Strategies Ltd Co reported 11,974 shares. 550.02 million shares or 0.12% less from 550.70 million shares in 2017Q2 were reported. Notis holds 16,081 shares or 1.12% of its portfolio. (NASDAQ:PINC) for 23,476 shares. Massachusetts-based Geode Limited Liability Com has invested 0.01% in Harsco Corporation (NYSE:HSC). (NASDAQ:AMGN). The Alabama-based Mitchell Mcleod Pugh & Williams has invested 0.71% in Amgen Inc. Jacobs Levy Equity Mngmt Incorporated stated it has 0.84% of its portfolio in Pepsico, Inc. Highbridge Cap Mngmt Llc reported 25,356 shares. Bokf Na reported 0.01% of its portfolio in Premier, Inc. Gateway Advisers Lc holds 904,193 shares. Country Club Trust Company n.a. now owns 17,788 shares of the company's stock valued at $2,133,000 after buying an additional 1,904 shares in the last quarter.

Premier, Inc., together with its subsidiaries, operates as a healthcare improvement firm in the United States. The company has market cap of $660.77 million.


Since September 1, 2017, it had 0 insider buys, and 1 sale for $1.45 million activity. Anderson Leigh also sold $74,101 worth of Premier, Inc.

Ycg Llc, which manages about $279.00 million and $380.83 million US Long portfolio, upped its stake in Verisk Analytics Inc (NASDAQ:VRSK) by 19,182 shares to 130,640 shares, valued at $10.88 million in 2017Q3, according to the filing. Altfest L J holds 2.44% or 45,057 shares.

683 Capital Management Llc decreased Inspired Entmt Inc stake by 57,874 shares to 344,315 valued at $4.56M in 2017Q3. Chesley Taft & Associates LLC now owns 250,366 shares of the company's stock valued at $30,024,000 after purchasing an additional 686 shares in the last quarter. Microchip Technology Inc (NASDAQ:MCHP) was reduced too.

Since August 7, 2017, it had 0 insider buys, and 2 insider sales for $7.21 million activity. 21,449 shares were sold by Laguarta Ramon, worth $2.37M on Tuesday, October 10. Cowen & Co maintained Pepsico, Inc. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Therefore 40% are positive. DataWind Inc had 2 analyst reports since November 22, 2016 according to SRatingsIntel. Sterne Agee CRT downgraded Pepsico, Inc. The rating was maintained by Stifel Nicolaus on Friday, December 22 with "Hold". The firm earned "Overweight" rating on Tuesday, March 21 by JP Morgan. The stock has a market capitalization of $168,770.00, a PE ratio of 24.52, a price-to-earnings-growth ratio of 3.09 and a beta of 0.68. Jefferies maintained the stock with "Buy" rating in Thursday, August 3 report. Financial Advisory Service Inc bought 4,995 shares as the company's stock declined 9.68% while stock markets rallied. On Tuesday, April 19 the stock rating was maintained by Citigroup with "Neutral". On Wednesday, October 7 the stock rating was maintained by KeyBanc Capital Markets with "Overweight". The firm has "Buy" rating by Deutsche Bank given on Friday, July 31. Chesley Taft & Associates LLC increased its stake in shares of Pepsico by 0.3% in the fourth quarter. Its up 0.19, from 0.75 in 2017Q2. It increased, as 51 investors sold PEP shares while 689 reduced holdings.


Several hedge funds and other institutional investors have recently made changes to their positions in PEP. 555.05 million shares or 0.41% less from 557.32 million shares in 2017Q2 were reported.

Shares of PepsiCo (NYSE:PEP) traded up 0.04% during trading on Monday, hitting $105.13. (NASDAQ:PEP). Peddock Cap Advsrs Lc reported 0.08% stake. Covington Management accumulated 151,108 shares. Camarda Advsr Ltd holds 0.06% or 487 shares. Carret Asset Management Ltd accumulated 83,721 shares. Capstone Invest Limited Liability Company stated it has 0.03% in Pepsico, Inc. The Rhode Island-based Parsons Capital Mgmt Ri has invested 0.75% in Pepsico, Inc. (NASDAQ:PEP). Moreover, Atria Investments Limited Liability Corp has 0.19% invested in Pepsico, Inc. Payden Rygel reported 1,500 shares.

Analysts expect Switch, Inc. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources.


Comments