CWS Financial Advisors LLC Has $1.69 Million Position in PepsiCo, Inc. (NASDAQ:PEP)

CWS Financial Advisors LLC raised its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 6.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,140 shares of the company’s stock after purchasing an additional 631 shares during the quarter. PepsiCo makes up 0.5% of CWS Financial Advisors LLC’s holdings, making the stock its 27th biggest position. CWS Financial Advisors LLC’s holdings in PepsiCo were worth $1,694,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pine Valley Investments Ltd Liability Co grew its position in shares of PepsiCo by 16.3% in the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 44,626 shares of the company’s stock valued at $6,808,000 after purchasing an additional 6,252 shares during the last quarter. Pring Turner Capital Group Inc. boosted its stake in PepsiCo by 29.3% in the 4th quarter. Pring Turner Capital Group Inc. now owns 1,545 shares of the company’s stock valued at $235,000 after purchasing an additional 350 shares during the period. BankPlus Trust Department acquired a new position in PepsiCo in the 4th quarter valued at $1,036,000. GHE LLC boosted its position in shares of PepsiCo by 5.6% in the fourth quarter. GHE LLC now owns 12,799 shares of the company’s stock valued at $1,946,000 after acquiring an additional 682 shares during the period. Finally, Rothschild Investment LLC raised its position in shares of PepsiCo by 1.3% in the fourth quarter. Rothschild Investment LLC now owns 15,795 shares of the company’s stock valued at $2,402,000 after buying an additional 202 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

PepsiCo Stock Up 0.2 %

Shares of NASDAQ:PEP opened at $153.85 on Tuesday. The firm has a market cap of $211.01 billion, a P/E ratio of 22.14, a P/E/G ratio of 3.09 and a beta of 0.54. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. PepsiCo, Inc. has a 12-month low of $141.51 and a 12-month high of $183.41. The business has a fifty day simple moving average of $148.61 and a 200 day simple moving average of $161.98.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.02. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business had revenue of $27.78 billion during the quarter, compared to analyst estimates of $27.89 billion. During the same period last year, the company earned $1.78 EPS. PepsiCo’s revenue for the quarter was down .2% compared to the same quarter last year. Analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 7th will be issued a dividend of $1.355 per share. The ex-dividend date is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a yield of 3.52%. PepsiCo’s payout ratio is currently 77.99%.

Wall Street Analyst Weigh In

PEP has been the topic of a number of recent analyst reports. HSBC decreased their price objective on shares of PepsiCo from $186.00 to $170.00 and set a “hold” rating on the stock in a research note on Tuesday, February 4th. BNP Paribas decreased their price target on PepsiCo from $162.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Royal Bank of Canada initiated coverage on PepsiCo in a research note on Tuesday, February 4th. They issued a $172.00 price objective on the stock. UBS Group lowered their target price on PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. Finally, StockNews.com downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $171.47.

PepsiCo Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.