Pepsico Inc (NYSE:PEP) Institutional Investors Sentiment Index Falls in Q2 2019

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Sentiment for Pepsico Inc (NYSE:PEP)

Pepsico Inc (NYSE:PEP) institutional sentiment decreased to 0.78 in Q2 2019. Its down -0.16, from 0.94 in 2019Q1. The ratio has dropped, as 601 institutional investors increased or started new equity positions, while 767 sold and decreased stakes in Pepsico Inc. The institutional investors in our partner’s database now have: 963.17 million shares, down from 965.36 million shares in 2019Q1. Also, the number of institutional investors holding Pepsico Inc in their top 10 equity positions increased from 137 to 144 for an increase of 7. Sold All: 43 Reduced: 724 Increased: 471 New Position: 130.

PepsiCo, Inc. operates as a food and beverage firm worldwide. The company has market cap of $190.38 billion. The Company’s Frito-Lay North America segment offers LayÂ’s and Ruffles potato chips; Doritos, Tostitos, and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. It has a 15.07 P/E ratio. The companyÂ’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, CapÂ’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes.

The stock decreased 0.82% or $1.12 during the last trading session, reaching $136.16. About 2.31 million shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 11.94% since September 13, 2018 and is uptrending. It has outperformed by 11.94% the S&P500.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on October, 3 before the open. They expect $1.50 earnings per share, down 5.66 % or $0.09 from last year’s $1.59 per share. PEP’s profit will be $2.10B for 22.69 P/E if the $1.50 EPS becomes a reality. After $1.54 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -2.60 % negative EPS growth.

Clenar Muke Llc holds 16.77% of its portfolio in PepsiCo, Inc. for 417,004 shares. Capital Advisors Inc Ok owns 1.66 million shares or 10.74% of their US portfolio. Moreover, Yacktman Asset Management Lp has 10.52% invested in the company for 6.68 million shares. The United Kingdom-based Lindsell Train Ltd has invested 10.13% in the stock. Bank Pictet & Cie (Asia) Ltd, a Singapore-based fund reported 118,441 shares.

PepsiCo, Inc. (NASDAQ:PEP) Ratings Coverage

Ratings analysis reveals 67% of Pepsico’s analysts are positive. Out of 3 Wall Street analysts rating Pepsico, 2 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. The lowest target is $11700 while the high is $14900. The stock’s average target of $134.75 is -1.04% below today’s ($136.16) share price. PEP was included in 10 notes of analysts from March 28, 2019. The rating was maintained by Macquarie Research with “Outperform” on Thursday, April 18. The firm earned “Overweight” rating on Thursday, April 18 by Morgan Stanley. Credit Suisse maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Friday, September 6. Credit Suisse has “Underperform” rating and $11700 target. The rating was maintained by Morgan Stanley on Wednesday, September 11 with “Overweight”.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “PepsiCo (PEP) Outpaces Stock Market Gains: What You Should Know – Nasdaq” on September 04, 2019, also Nasdaq.com with their article: “Noteworthy Wednesday Option Activity: TWLO, PEP, ZGNX – Nasdaq” published on September 04, 2019, Nasdaq.com published: “Here’s Why Coca-Cola (KO) Stands Out From Soft Drink Peers – Nasdaq” on September 04, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “PepsiCo (PEP) Gains But Lags Market: What You Should Know – Nasdaq” published on August 21, 2019 as well as Nasdaq.com‘s news article titled: “PepsiCo (PEP) Dips More Than Broader Markets: What You Should Know – Nasdaq” with publication date: August 09, 2019.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Positions Chart

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