Vontobel Holding Ltd. Has $76.07 Million Stock Holdings in PepsiCo, Inc. (NASDAQ:PEP)

Vontobel Holding Ltd. lifted its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 5.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 447,880 shares of the company’s stock after purchasing an additional 23,349 shares during the quarter. Vontobel Holding Ltd.’s holdings in PepsiCo were worth $76,068,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. DHJJ Financial Advisors Ltd. acquired a new position in PepsiCo during the 3rd quarter worth approximately $25,000. Pacifica Partners Inc. bought a new stake in shares of PepsiCo during the 3rd quarter worth approximately $27,000. LFA Lugano Financial Advisors SA raised its stake in shares of PepsiCo by 80.5% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 157 shares of the company’s stock worth $27,000 after purchasing an additional 70 shares in the last quarter. Life Planning Partners Inc bought a new stake in shares of PepsiCo during the 4th quarter worth approximately $34,000. Finally, Avion Wealth raised its stake in shares of PepsiCo by 61.7% during the 4th quarter. Avion Wealth now owns 241 shares of the company’s stock worth $41,000 after purchasing an additional 92 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on PEP shares. Argus cut PepsiCo from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Royal Bank of Canada restated a “sector perform” rating and issued a $180.00 price target on shares of PepsiCo in a research note on Monday, February 12th. StockNews.com cut PepsiCo from a “buy” rating to a “hold” rating in a research note on Monday, February 12th. Barclays increased their price target on PepsiCo from $183.00 to $184.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Jefferies Financial Group increased their price target on PepsiCo from $199.00 to $209.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $186.92.

PepsiCo Trading Down 0.2 %

Shares of PepsiCo stock traded down $0.26 during midday trading on Friday, reaching $168.10. The company had a trading volume of 5,453,736 shares, compared to its average volume of 5,733,164. PepsiCo, Inc. has a fifty-two week low of $155.83 and a fifty-two week high of $196.88. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.85 and a quick ratio of 0.68. The stock has a fifty day moving average price of $168.78 and a 200 day moving average price of $167.41. The firm has a market cap of $231.06 billion, a PE ratio of 25.59, a P/E/G ratio of 2.64 and a beta of 0.53.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Friday, February 9th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.06. The firm had revenue of $27.84 billion for the quarter, compared to analyst estimates of $28.40 billion. PepsiCo had a return on equity of 58.03% and a net margin of 9.92%. The company’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.67 earnings per share. On average, equities analysts anticipate that PepsiCo, Inc. will post 8.15 earnings per share for the current year.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 1st were issued a dividend of $1.265 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $5.06 annualized dividend and a yield of 3.01%. PepsiCo’s dividend payout ratio (DPR) is currently 77.02%.

PepsiCo Company 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.