The shares have accelerated in recent weeks, with their price up about 7.48% in the past three months. PepsiCo makes up 1.0% of LVW Advisors LLC's holdings, making the stock its 24th largest position. LVW Advisors LLC's holdings in PepsiCo were worth $2,946,000 as of its most recent filing with the SEC. They set an "equal weight" rating and a $102.00 price objective for the company. Piershale Financial Group Inc. boosted its stake in PepsiCo by 0.4% in the third quarter. Highland Private Wealth Management now owns 3,574 shares of the company's stock valued at $374,000 after buying an additional 18 shares in the last quarter. Last session Pepsico, Inc. NC raised its stake in PepsiCo by 152.6% in the third quarter. NC now owns 42,719 shares of the company's stock valued at $4,647,000 after buying an additional 25,805 shares during the period. Brick & Kyle Associates boosted its stake in PepsiCo by 0.4% in the third quarter. (PEP) has a trading volume of 2.73 Million shares, with an average trading volume of 3.02 Million shares - with shares dropping to a 52 week low of $98.5 on Dec 1, 2016, and the company's shares hitting a 52 week high on Mar 28, 2017 of $112.76. Finally, Monarch Capital Management Inc. raised its stake in PepsiCo by 0.3% in the third quarter.
WARNING: "Redmond Asset Management LLC Continues to Hold Stake in PepsiCo, Inc". In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.50% with $1.43 Billion sitting short, betting on future declines.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 5.97%, and has a solid year to date (YTD) performance of 7.37% which means the stock is constantly adding to its value from the previous fiscal year end price. (NYSE:PEP) to report $0.92 EPS on April, 17.They anticipate $0.03 EPS change or 3.37% from last quarter's $0.89 EPS.
The company is expected to report earnings of $0.91 a share for the next quarter. PepsiCo had a return on equity of 56.16% and a net margin of 10.74%. The business had revenue of $19.52 billion for the quarter, compared to analyst estimates of $19.51 billion. Callahan Advisors LLC now owns 79,450 shares of the company's stock worth $8,642,000 after buying an additional 5,046 shares in the last quarter. Sales growth past 5 years was measured at -1.10%.
Now the shares of Pepsico, Inc.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 3rd were paid a dividend of $0.7525 per share. It has a dividend yield of 2.65%. (NYSE:PEP) was sold by Tanner Kirk on Wednesday, March 1. PepsiCo's dividend payout ratio is now 66.01%. "(PEP)" was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this article on another website, it was illegally stolen and reposted in violation of USA and global trademark and copyright laws. The original version of this news story can be viewed at https://baseballnewssource.com/markets/pepsico-inc-pep-stock-rating-reaffirmed-by-bmo-capital-markets-updated/523865.html. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of PepsiCo in a research report on Friday, March 3rd.
Pepsico, Inc. (NYSE:PEP) shares went down -0.26% to $111.73 on Tuesday. Royal Financial Bank Of Canada holds 0.29% in PepsiCo, Inc. Credit Suisse Group AG raised their price objective on PepsiCo from $115.00 to $121.00 and gave the company a "buy" rating in a research note on Thursday, March 23rd.
PepsiCo (NYSE:PEP) last issued its earnings results on Wednesday, February 15th. Finally, Private Trust Co. (NYSE:PEP)'s Buy count is 1 and Strong Buy is 9 while the number of analysts recommending Sell and Strong Sell are 0 and 3, respectively.
In related news, CEO Ramon Laguarta sold 23,585 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $109.05, for a total value of $2,571,944.25. Following the transaction, the chief executive officer now owns 135,859 shares of the company's stock, valued at $14,815,423.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
In other PepsiCo news, EVP Cynthia Trudell sold 9,000 shares of the firm's stock in a transaction on Monday, March 6th. The shares were sold at an average price of $110.22, for a total transaction of $220,440.00.