Is Buying Stock Like PepsiCo, Inc. Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like PepsiCo, Inc. Good Idea After Today's Bullish Options Activity?

In today’s session PepsiCo, Inc. (PEP) registered an unusually high (414) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious PEP increase. With 414 contracts traded and 95274 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PEP170120C00100000 closed last at: $7.05 or 1.4% down. About 2.63M shares traded hands. PepsiCo, Inc. (NYSE:PEP) has risen 6.14% since March 14, 2016 and is uptrending. It has outperformed by 0.53% 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. Credit Suisse initiated PepsiCo, Inc. (NYSE:PEP) on Friday, September 16 with “Outperform” rating. The firm has “Hold” rating given on Thursday, April 14 by Stifel Nicolaus. UBS maintained the stock with “Buy” rating in Friday, July 8 report. The stock of PepsiCo, Inc. (NYSE:PEP) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, October 7. Nomura upgraded PepsiCo, Inc. (NYSE:PEP) on Monday, November 23 to “Neutral” rating. Stifel Nicolaus maintained PepsiCo, Inc. (NYSE:PEP) rating on Wednesday, October 7. Stifel Nicolaus has “Buy” rating and $106 price target. The firm has “Buy” rating by UBS given on Wednesday, October 7. On Friday, February 26 the stock rating was downgraded by Sterne Agee CRT to “Neutral”. Jefferies maintained PepsiCo, Inc. (NYSE:PEP) on Friday, September 30 with “Buy” rating. The rating was maintained by Goldman Sachs on Wednesday, June 29 with “Neutral”.

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 fall, 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.
Gfs Advsr Limited Liability Company, a Texas-based fund reported 57,100 shares. Stonebridge Cap Mngmt owns 77,540 shares or 3.74% of their US portfolio. Lee Danner And Bass Incorporated has invested 0.3% of its portfolio in PepsiCo, Inc. (NYSE:PEP). Somerset Gru Ltd Liability Com has invested 0.88% of its portfolio in PepsiCo, Inc. (NYSE:PEP). Bank & Trust Of Hawaii holds 0.61% or 53,528 shares in its portfolio. Bartlett Ltd Liability last reported 477,459 shares in the company. General Investors Commerce Incorporated holds 2.15% or 195,000 shares in its portfolio. Bank Of The West accumulated 28,868 shares or 0.44% of the stock. Cleararc Cap last reported 1.06% of its portfolio in the stock. Moreover, Barnett And Communication has 0.01% invested in PepsiCo, Inc. (NYSE:PEP) for 243 shares. Tradewinds Cap Mngmt Ltd Liability Corp holds 2,203 shares or 0.17% of its portfolio. State Farm Mutual Automobile Insur Communications owns 5.30M shares or 0.85% of their US portfolio. Hirtle Callaghan & Ltd, a Pennsylvania-based fund reported 224 shares. Ally Financial has 0.27% invested in the company for 15,000 shares. Strategic Wealth Advisors Gp Ltd Limited Liability Company last reported 0.28% of its portfolio in the stock.

Insider Transactions: Since April 20, 2016, the stock had 0 buys, and 6 insider sales for $59.11 million net activity. Laguarta Ramon sold 17,221 shares worth $1.86 million. TRUDELL CYNTHIA sold $833,840 worth of stock or 8,000 shares. Khan Mehmood sold $5.49 million worth of PepsiCo, Inc. (NYSE:PEP) on Thursday, July 28. Gallagher Marie T. sold 13,586 shares worth $1.48M. Another trade for 304,220 shares valued at $31.43M was sold by NOOYI INDRA K. The insider Carey Albert P sold 170,003 shares worth $18.50 million. Another trade for 3,219 shares valued at $351,236 was made by Narasimhan Laxman on Wednesday, July 13.

PepsiCo, Inc. is a food and beverage company. The company has a market cap of $154.65 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 23.43 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 important recent PepsiCo, Inc. (NYSE:PEP) news were published by: Reuters.com which released: “PepsiCo sets global target for sugar reduction” on October 17, 2016, also Reuters.com published article titled: “PepsiCo nears deal to acquire probiotic drinks company KeVita: sources”, Fool.com published: “PepsiCo Inc.’s Stock Split History” on September 29, 2016. More interesting news about PepsiCo, Inc. (NYSE:PEP) was released by: Forbes.com and their article: “December 2nd Options Now Available For PepsiCo (PEP)” with publication date: October 13, 2016.

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