Pepsico, Inc. (NYSE:PEP) is expected to pay $0.75 on Jan 6, 2017. The indicated annual dividend is $3.01. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Pepsico, Inc.’s current price of $102.79, the dividend is 0.73%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 18, 2016. The stock increased 0.61% or $0.62 during the last trading session, hitting $102.79. PepsiCo, Inc. (NYSE:PEP) has risen 0.19% since April 26, 2016 and is uptrending. It has underperformed by 5.07% the S&P500.
PepsiCo, Inc. is a food and beverage company. The company has a market cap of $148.35 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 22.53 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.
Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.08, from 0.87 in 2016Q1. The ratio turned 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.
Yhb Investment Advsrs Inc owns 121,070 shares or 2.82% of their US portfolio. Evanston Invests Incorporated Dba Evanston Advsrs has 2.08% invested in the company for 60,219 shares. Commonwealth Fincl Lc last reported 338 shares in the company. Granite Invest Ptnrs Ltd Liability Corp reported 114,255 shares or 0.95% of all its holdings. The Connecticut-based Northcoast Asset Management Limited Liability has invested 3.85% in PepsiCo, Inc. (NYSE:PEP). Moreover, Hallmark Inc has 0.42% invested in PepsiCo, Inc. (NYSE:PEP) for 26,101 shares. Symons Cap Mngmt, a Pennsylvania-based fund reported 69,517 shares. Everett Harris Ca, a California-based fund reported 395,646 shares. Fdx Advsrs, a California-based fund reported 40,456 shares. Tru Company Of Toledo Na Oh accumulated 45,762 shares or 1.4% of the stock. Compton Capital Inc Ri holds 30,028 shares or 1.78% of its portfolio. Cheviot Value Ltd Liability Corp last reported 23,233 shares in the company. Ronna Sue Cohen accumulated 7,213 shares or 0.57% of the stock. Tradewinds Capital Ltd Liability accumulated 0.17% or 2,203 shares. Wms Partners Ltd Llc accumulated 0.64% or 43,691 shares.
Insider Transactions: Since July 11, 2016, the stock had 0 insider purchases, and 5 insider sales for $27.68 million net activity. On Monday, July 11 Gallagher Marie T. sold $1.48M worth of the stock or 13,586 shares. On Monday, July 11 Laguarta Ramon sold $1.86 million worth of the stock or 17,221 shares. 3,219 shares were sold by Narasimhan Laxman, worth $351,236. Another trade for 51,137 shares valued at $5.49M was sold by Khan Mehmood. On Tuesday, July 12 the insider Carey Albert P sold $18.50 million.
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. UBS maintained it with “Buy” rating and $108 target price in Wednesday, October 7 report. The stock of PepsiCo, Inc. (NYSE:PEP) has “Hold” rating given on Thursday, April 14 by Stifel Nicolaus. The stock of PepsiCo, Inc. (NYSE:PEP) earned “Neutral” rating by Nomura on Monday, November 23. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, April 19. As per Tuesday, April 19, the company rating was maintained by Goldman Sachs. Jefferies maintained the shares of PEP in a report on Friday, September 30 with “Buy” rating. The stock has “Buy” rating given by Stifel Nicolaus on Wednesday, October 7. The firm has “Buy” rating by Vetr given on Thursday, August 27. S&P Research maintained PepsiCo, Inc. (NYSE:PEP) on Wednesday, October 7 with “Hold” rating. The rating was maintained by RBC Capital Markets on Wednesday, October 7 with “Sector Perform”.
More important recent PepsiCo, Inc. (NYSE:PEP) news were published by: Fool.com which released: “Battle of Dividends: McDonald’s Corporation vs. PepsiCo Inc.” on November 18, 2016, also Reuters.com published article titled: “PepsiCo to buy probiotic drinks maker KeVita”, Forbes.com published: “July 2017 Options Now Available For PepsiCo (PEP)” on November 21, 2016. More interesting news about PepsiCo, Inc. (NYSE:PEP) was released by: Fool.com and their article: “PepsiCo Inc. Takes a Long-term View With Its Major Plans to Cut Back on Sugar” with publication date: November 01, 2016.
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.
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