Cowen Reaffirms Buy Rating for Pepsico (PEP)

The firm has a market capitalization of $166,930.00, a price-to-earnings ratio of 24.25, a price-to-earnings-growth ratio of 3.11 and a beta of 0.68. Novare Capital Limited Liability invested in 0.27% or 20,443 shares. The company has market cap of $4.36 billion. About 342,498 shares traded. (NYSE:TJX) has declined 2.02% since January 13, 2017 and is downtrending. It has outperformed by 116.91% the S&P500.

Wellington Shields Capital Management Llc decreased Pepsico Inc (PEP) stake by 25.84% reported in 2017Q3 SEC filing. Vestor Cap Ltd accumulated 76,732 shares or 1.92% of the stock. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth. Pepsico has a one year low of $101.06 and a one year high of $120.57.

Pepsico (PEP) traded up $0.34 during trading hours on Friday, hitting $118.67. The company had a trading volume of 4,335,547 shares, compared to its average volume of 3,993,283.

Equities analysts expect Pepsico, Inc. It has underperformed by 14.11% the S&P500. Confluence Investment Management LLC now owns 1,154,250 shares of the company's stock valued at $138,418,000 after purchasing an additional 22,364 shares in the last quarter. It also reduced its holding in On Assignment Inc (NYSE:ASGN) by 143,323 shares in the quarter, leaving it with 215,950 shares, and cut its stake in Energous Corp (NASDAQ:WATT).

Among 2 analysts covering Altius Minerals (TSE:ALS), 1 have Buy rating, 0 Sell and 1 Hold. Altius Minerals had 12 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, BMO Capital Markets reaffirmed a hold rating and issued a $120.00 price objective on shares of Pepsico in a research note on Wednesday, September 6th. The firm has "Hold" rating by Wells Fargo given on Thursday, January 4. The rating was maintained by Stifel Nicolaus with "Buy" on Wednesday, October 7. The stock's average target of $115 is -2.03% below today's ($117.38) share price. On Friday, November 10 the stock rating was maintained by KeyBanc Capital Markets with "Buy". On Thursday, August 10 the stock rating was downgraded by Raymond James to "Underperform". Its down 0.02, from 1.02 in 2017Q2. It improved, as 13 investors sold HSC shares while 71 reduced holdings. 104 funds opened positions while 328 raised stakes. Victory Cap Mgmt invested in 22,336 shares or 0% of the stock. Tci Wealth Incorporated holds 0.1% or 2,758 shares in its portfolio. Js Capital Ltd stated it has 9.12% in Facebook, Inc. Peoples Financial invested in 36,198 shares or 2.29% of the stock. Commonwealth National Bank & Trust Of Aus holds 0.14% or 130,543 shares. Nexus Inv Mngmt Inc, a Ontario - Canada-based fund reported 6,600 shares. Carroll Associates Inc invested 0% in Harsco Corporation (NYSE:HSC). 175,626 are held by State Teachers Retirement Systems.

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Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2.

A number of institutional investors and hedge funds have recently bought and sold shares of PEP. (NASDAQ:PEP) to post earnings per share of $1.30 for the current fiscal quarter, according to Zacks Investment Research. Creative Planning invested in 3,389 shares. Moreover, Tiverton Asset Mgmt Ltd Company has 0.1% invested in Cullen/Frost Bankers, Inc. Wedge L Lp Nc has 1.09% invested in Cullen/Frost Bankers, Inc. Acropolis Mngmt Limited Company holds 0.25% or 41,362 shares in its portfolio. Dowling Yahnke Ltd Company stated it has 0.71% in Pepsico, Inc.

Media stories about Pepsico (NASDAQ:PEP) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. On Tuesday, October 10 Laguarta Ramon sold $2.37 million worth of Pepsico, Inc. Brinker Cap reported 0.02% in Cullen/Frost Bankers, Inc. (NASDAQ:PEP) for 691,451 shares. Jnba Financial Advisors, a Minnesota-based fund reported 820,799 shares. Diamond Hill Capital Management Incorporated has invested 1.1% of its portfolio in Pepsico, Inc. First Merchants Corp acquired 29,139 shares as Pepsico Inc Com (PEP)'s stock rose 5.12%. Pittenger Anderson accumulated 54,062 shares or 0.55% of the stock. It also increased its holding in Colgate Palmolive Co (NYSE:CL) by 4,505 shares in the quarter, for a total of 477,865 shares, and has risen its stake in Alphabet Inc. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Therefore 50% are positive. UBS maintained The TJX Companies, Inc. Keefe Bruyette & Woods maintained it with "Hold" rating and $95.0 target in Thursday, September 28 report. (NYSE:TJX) on Monday, September 11 with "Buy" rating. Deutsche Bank maintained Pepsico, Inc. (NASDAQ:PEP) rating on Thursday, October 5. JP Morgan initiated it with "Overweight" rating and $125 target in Tuesday, March 21 report. Barclays Capital maintained Pepsico, Inc. (NASDAQ:PEP) earned "Buy" rating by Susquehanna on Thursday, July 6.

PepsiCo, Inc. operates as a food and beverage firm worldwide.

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