It Seems PepsiCo, Inc. Will Go Down. Had Bearish Options Activity

 It Seems PepsiCo, Inc. Will Go Down. Had Bearish Options Activity

In today’s session PepsiCo, Inc. (PEP) recorded an unusually high (2,700) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious PEP decrease. With 2,700 contracts traded and 3034 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: PEP161118P00100000 closed last at: $0.47 or 20.5% up. About 1.91M shares traded hands. PepsiCo, Inc. (NYSE:PEP) has risen 6.91% since March 3, 2016 and is uptrending. It has underperformed by 1.44% the S&P500.

PepsiCo, Inc. (NYSE:PEP) Ratings Coverage

Out of 14 analysts covering PepsiCo (NYSE:PEP), 6 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 43% are positive. PepsiCo has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Goldman Sachs on Wednesday, June 29. Vetr downgraded PepsiCo, Inc. (NYSE:PEP) rating on Thursday, August 27. Vetr has “Buy” rating and $92.96 price target. The firm earned “Overweight” rating on Tuesday, April 19 by Barclays Capital. JP Morgan maintained PepsiCo, Inc. (NYSE:PEP) rating on Tuesday, April 19. JP Morgan has “Overweight” rating and $112 price target. The firm earned “Hold” rating on Wednesday, October 7 by S&P Research. The stock of PepsiCo, Inc. (NYSE:PEP) has “Buy” rating given on Friday, July 8 by Deutsche Bank. On Wednesday, October 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Neutral” rating given on Friday, February 26 by Sterne Agee CRT. The firm has “Hold” rating given on Thursday, April 14 by Stifel Nicolaus. The rating was initiated by Sterne Agee CRT on Tuesday, July 21 with “Buy”.

According to Zacks Investment Research, “PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo’s success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.”

Insitutional Activity: The institutional sentiment decreased to 0.87 in 2016 Q2. Its down 0.04, from 0.91 in 2016Q1. The ratio is negative, as 40 funds sold all PepsiCo, Inc. shares owned while 737 reduced positions. 75 funds bought stakes while 600 increased positions. They now own 977.04 million shares or 4.41% less from 1.02 billion shares in 2016Q1.
Gamco Et Al accumulated 478,236 shares or 0.34% of the stock. The Missouri-based Tiaa Cref Trust Communication Fsb Mo has invested 0.31% in PepsiCo, Inc. (NYSE:PEP). Blume Capital Management Inc accumulated 600 shares or 0.09% of the stock. Moreover, Ironwood Invest Counsel Limited Liability Company has 2.46% invested in PepsiCo, Inc. (NYSE:PEP) for 39,692 shares. Fulton Breakefield Broenniman Limited last reported 103,899 shares in the company. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 5,000 shares or 0.05% of its portfolio. Fic Cap owns 7,837 shares or 0.39% of their US portfolio. Kanaly Commerce last reported 0.22% of its portfolio in the stock. The Illinois-based Archford Cap Strategies Ltd Limited Liability Company has invested 0.2% in PepsiCo, Inc. (NYSE:PEP). Hengehold Cap Mngmt Ltd reported 2,981 shares or 0.1% of all its holdings. Jp Marvel Advsrs Ltd last reported 0.11% of its portfolio in the stock. Provise Mgmt Gp Ltd Limited Liability Company holds 1.49% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 76,250 shares. Mizuho Asset Coltd has 0.62% invested in the company for 32,224 shares. Td Asset Mgmt has 3.16M shares for 0.61% of their US portfolio. Greenwood Capital Limited Liability Company last reported 46,140 shares in the company.

Insider Transactions: Since April 20, 2016, the stock had 0 buys, and 7 insider sales for $59.95 million net activity. Gallagher Marie T. also sold $1.48M worth of PepsiCo, Inc. (NYSE:PEP) on Monday, July 11. 170,003 shares with value of $18.50M were sold by Carey Albert P on Tuesday, July 12. Another trade for 3,219 shares valued at $351,236 was made by Narasimhan Laxman on Wednesday, July 13. Shares for $1.86 million were sold by Laguarta Ramon. Shares for $5.49 million were sold by Khan Mehmood on Thursday, July 28. $31.43M worth of PepsiCo, Inc. (NYSE:PEP) shares were sold by NOOYI INDRA K. TRUDELL CYNTHIA had sold 8,000 shares worth $833,840.

PepsiCo, Inc. is a food and beverage company. The company has a market cap of $150.89 billion. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. It has a 23.29 P/E ratio. The Firm operates through six divisions, namely, Frito-Lay North America ; Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa.

PEP Company Profile

PepsiCo, Inc., incorporated on November 13, 1986, is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Firm operates through six divisions, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa. The Company’s brands include Agusha, Amp Energy, Aquafina, Aquafina Flavorsplash, Aunt Jemima, Cap’n Crunch, Cheetos, Chester’s, Chipsy, Chudo, Cracker Jack, Crunchy, Diet Mountain Dew, Diet Mug, Diet Pepsi, Diet Sierra Mist, Domik v Derevne, Doritos, Duyvis, Elma Chips, Emperador, Frito-Lay, Fritos, Fruktovy Sad, Frustyle, G Series, G2, Gatorade, Grandma’s, Imunele, Izze, Kas, Kurkure, Lay’s, Life, Lifewater, Lubimy, Manzanita Sol, Marias Gamesa, Matutano, Mirinda, Miss Vickie’s, Mother’s, Mountain Dew, Mountain Dew Code Red, Mountain Dew Kickstart, Mug, Munchies, Naked, Near East, O.N.E., Paso de los Toros, Pasta Roni, Pepsi, Pepsi Max, Pepsi Next, Propel, Quaker, Quaker Chewy, Rice-A-Roni, Rold Gold, Rosquinhas Mabel, Ruffles, Sabritas, Sakata, Saladitas, Sandora, Santitas, 7UP (outside the United States) and 7UP Free (outside the United States), Sierra Mist, Simba, Smartfood, Smith’s, Snack a Jacks, SoBe, SoBe Lifewater, SoBe V Water, Sonric’s, Stacy’s, Sting, SunChips, Tonus, Tostitos, Trop 50, Tropicana, Tropicana Farmstand, Tropicana Pure Premium, Tropicana Twister, Vesely Molochnik, Walkers and Ya.

More notable recent PepsiCo, Inc. (NYSE:PEP) news were published by: Fool.com which released: “PepsiCo Inc.’s Stock Split History” on September 29, 2016, also Seekingalpha.com with their article: “PepsiCo: Volume Growth Continues To Strengthen The Positive Investment Case” published on October 06, 2016, Moodys.com published: “Moody’s rates PepsiCo’s new notes at A1” on October 03, 2016. More interesting news about PepsiCo, Inc. (NYSE:PEP) were released by: Seekingalpha.com and their article: “PepsiCo: Good, But Not That Good…” published on October 04, 2016 as well as Schaeffersresearch.com‘s news article titled: “Earnings Preview: Costco Wholesale Corporation and PepsiCo, Inc.” with publication date: September 28, 2016.

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