Published: Sat, January 13, 2018
Finance | By Loren Pratt

Cowen Reaffirms Buy Rating for Pepsico (PEP)


On Friday, March 24 the stock rating was maintained by RBC Capital Markets with "Hold". The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.21 and a current ratio of 1.35. Hood River Capital Management Llc who had been investing in Harsco Corp for a number of months, seems to be bullish on the $1.57B market cap company.

The stock increased 1.79% or $0.56 during the last trading session, reaching $31.82. About 297,990 shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 13, 2017 and is uptrending. Prudential Financial Inc. boosted its holdings in Pepsico by 26.1% in the third quarter. Zweig-Dimenna Associates Llc sold 88,650 shares as Pepsico Inc (PEP)'s stock rose 5.12%. Country Club Trust Company n.a. now owns 17,788 shares of the company's stock valued at $2,133,000 after buying an additional 1,904 shares in the last quarter. Lindsell Train Ltd who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $166.93 billion market cap company. The stock decreased 0.51% or $0.6 during the last trading session, reaching $116.88. 4,335,547 shares of the stock traded hands, compared to its average volume of 3,700,000. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 13, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Carlton Hofferkamp & Jenks Wealth Management Llc increased its stake in T J X Cos Inc (TJX) by 16.18% based on its latest 2017Q3 regulatory filing with the SEC. Quebec - Canada-based Montrusco Bolton Invs has invested 0.38% in Pepsico, Inc. The TJX Companies had 66 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Wednesday, August 30 by Jefferies. Cowen & Co has "Buy" rating and $133.0 target. On Tuesday, September 5 the stock rating was maintained by RBC Capital Markets with "Hold".

Investors sentiment decreased to 1 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It improved, as 13 investors sold HSC shares while 71 reduced holdings. They expect $1.30 EPS, up 8.33% or $0.10 from last year's $1.2 per share. (NASDAQ:PEP). Beck Mack & Oliver Lc stated it has 25,846 shares or 0.09% of all its holdings. Pekin Singer Strauss Asset Il invested 0.87% of its portfolio in Pepsico, Inc. Hutchinson Capital Mgmt Ca invested in 4,091 shares or 0.12% of the stock. Asset holds 0.53% or 143,197 shares in its portfolio. Moreover, Ra Capital Management Llc has 0.75% invested in the company for 700,000 shares. Assetmark Inc stated it has 0% of its portfolio in Netflix, Inc. Kayne Anderson Rudnick Management Limited Company accumulated 207,540 shares. Massachusetts-based Geode Limited Liability Com has invested 0.01% in Harsco Corporation (NYSE:HSC). 3,407,014 shares of the stock were exchanged. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright law.

Investors sentiment increased to 0.94 in 2017 Q3. Its down 0.09, from 0.09 in 2017Q2.

Several institutional investors and hedge funds have recently bought and sold shares of the company. 128 funds opened positions while 644 raised stakes. Laguarta Ramon also sold $2.37 million worth of Pepsico, Inc. (NASDAQ:PEP). Us Commercial Bank De owns 0.91% invested in Pepsico, Inc. That suggests something of the likelihood of a short squeeze in shares of PEP. Intersect holds 0.17% in Pepsico, Inc. (NASDAQ:FB) for 73 shares. (NASDAQ:PEP). Jbf Capital has invested 0.27% in Pepsico, Inc. Financial And Investment Mgmt Gp owns 6,194 shares. After $-0.48 actual EPS reported by TG Therapeutics, Inc. for the previous quarter, Wall Street now forecasts -4.17% EPS growth. Columbus Circle Investors, a Connecticut-based fund reported 1.53 million shares. Investec Asset Mgmt has 1.45% invested in Pepsico, Inc. (NASDAQ:PEP). State Of Tennessee Treasury Department reported 542,483 shares. Sol Cap holds 5,045 shares or 0.16% of its portfolio.


More notable recent Pepsico, Inc. (NYSE:TJX). Qs Ltd Liability reported 200,808 shares.

Since August 15, 2017, it had 0 insider purchases, and 4 sales for $2.58 million activity. Price T Rowe Associate Md accumulated 15,030 shares or 0% of the stock.

Jbf Capital Inc, which manages about $747.05 million and $876.40M US Long portfolio, decreased its stake in Alphabet Inc. First Citizens Bank & Trust Co. increased its stake in Pepsico by 49.9% during the fourth quarter. Zacks Investment Research cut shares of Pepsico from a hold rating to a sell rating in a research report on Thursday, January 4th. Therefore 50% are positive. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. (NASDAQ:PEP) on Tuesday, April 19 with "Overweight" rating. (NASDAQ:PEP) to report earnings on February, 13 before the open. (NASDAQ:PINC) has "Outperform" rating given on Wednesday, October 7 by Oppenheimer.

Analysts await Pepsico, Inc. Deutsche Bank has "Buy" rating and $120 target. The company was upgraded on Tuesday, February 2 by BMO Capital Markets. (NASDAQ:PINC) earned "Overweight" rating by JP Morgan on Wednesday, October 7. The firm earned "Buy" rating on Thursday, April 28 by Suntrust Robinson. Pivotal Research has "Hold" rating and $14000 target. The stock of Facebook, Inc. (NASDAQ:PEP) has "Buy" rating given on Thursday, July 6 by Jefferies. As per Friday, December 22, the company rating was maintained by Stifel Nicolaus. Jefferies maintained Pepsico, Inc. Barclays Capital has "Equal Weight" rating and $102 target.

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