Rothschild Investment LLC Has $2.40 Million Stock Position in PepsiCo, Inc. (NASDAQ:PEP)

Rothschild Investment LLC boosted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,795 shares of the company’s stock after purchasing an additional 202 shares during the period. Rothschild Investment LLC’s holdings in PepsiCo were worth $2,402,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. RWC Asset Management LLP increased its holdings in shares of PepsiCo by 4.3% during the fourth quarter. RWC Asset Management LLP now owns 212,793 shares of the company’s stock worth $32,357,000 after purchasing an additional 8,752 shares during the period. Waverton Investment Management Ltd increased its stake in PepsiCo by 7.2% in the fourth quarter. Waverton Investment Management Ltd now owns 274,611 shares of the company’s stock valued at $41,756,000 after acquiring an additional 18,500 shares during the last quarter. Roffman Miller Associates Inc. PA grew its stake in shares of PepsiCo by 1.0% during the fourth quarter. Roffman Miller Associates Inc. PA now owns 244,645 shares of the company’s stock worth $37,201,000 after buying an additional 2,402 shares during the last quarter. Mainstay Capital Management LLC ADV grew its stake in shares of PepsiCo by 28.8% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 6,235 shares of the company’s stock worth $948,000 after buying an additional 1,393 shares during the last quarter. Finally, Conscious Wealth Investments LLC grew its stake in shares of PepsiCo by 2.4% during the fourth quarter. Conscious Wealth Investments LLC now owns 14,609 shares of the company’s stock worth $2,165,000 after buying an additional 340 shares during the last quarter. Institutional investors own 73.07% of the company’s stock.

PepsiCo Trading Up 3.0 %

Shares of PEP opened at $153.50 on Monday. The firm’s fifty day moving average is $148.66 and its two-hundred day moving average is $162.11. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. The stock has a market cap of $210.53 billion, a PE ratio of 22.09, a price-to-earnings-growth ratio of 3.09 and a beta of 0.54. PepsiCo, Inc. has a 52-week low of $141.51 and a 52-week high of $183.41.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.02. The firm had revenue of $27.78 billion for the quarter, compared to analyst estimates of $27.89 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. PepsiCo’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.78 EPS. Research analysts forecast that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be issued a $1.355 dividend. This represents a $5.42 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Friday, March 7th. PepsiCo’s payout ratio is currently 77.99%.

Analyst Ratings Changes

PEP has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of PepsiCo from $184.00 to $178.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. HSBC decreased their price target on shares of PepsiCo from $186.00 to $170.00 and set a “hold” rating for the company in a research note on Tuesday, February 4th. JPMorgan Chase & Co. decreased their price target on shares of PepsiCo from $183.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. UBS Group reduced their target price on shares of PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Finally, Wells Fargo & Company cut their price objective on shares of PepsiCo from $155.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, PepsiCo presently has a consensus rating of “Hold” and a consensus target price 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.