American Institute for Advanced Investment Management LLP Has $335,000 Stock Holdings in PepsiCo, Inc. (NASDAQ:PEP)

American Institute for Advanced Investment Management LLP decreased its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 6.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,234 shares of the company’s stock after selling 145 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in PepsiCo were worth $335,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. WealthTrak Capital Management LLC bought a new position in PepsiCo during the 4th quarter worth approximately $28,000. Creative Capital Management Investments LLC bought a new stake in shares of PepsiCo in the 4th quarter valued at $30,000. Prudent Man Investment Management Inc. bought a new stake in shares of PepsiCo in the 4th quarter valued at $30,000. Measured Risk Portfolios Inc. acquired a new stake in PepsiCo in the 4th quarter valued at $31,000. Finally, Summit Securities Group LLC acquired a new stake in PepsiCo in the 4th quarter valued at $33,000. Institutional investors own 73.07% of the company’s stock.

PepsiCo Stock Performance

NASDAQ:PEP opened at $130.85 on Friday. The firm has a market cap of $179.41 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 3.09 and a beta of 0.45. PepsiCo, Inc. has a fifty-two week low of $127.75 and a fifty-two week high of $180.91. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The business has a 50 day moving average price of $134.63 and a 200-day moving average price of $145.08.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Thursday, April 24th. The company reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.49 by ($0.01). The business had revenue of $17.92 billion for the quarter, compared to the consensus estimate of $17.81 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. PepsiCo’s revenue was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.61 EPS. Equities research analysts predict that PepsiCo, Inc. will post 8.3 earnings per share for the current year.

PepsiCo Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 6th will be issued a $1.4225 dividend. This is an increase from PepsiCo’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, June 6th. This represents a $5.69 dividend on an annualized basis and a yield of 4.35%. PepsiCo’s dividend payout ratio is 83.68%.

Analyst Ratings Changes

Several research firms recently issued reports on PEP. Citigroup reduced their price target on shares of PepsiCo from $170.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, April 25th. Barclays cut their price objective on shares of PepsiCo from $143.00 to $135.00 and set an “equal weight” rating on the stock in a report on Monday, April 28th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $163.00 price objective on shares of PepsiCo in a report on Tuesday, April 22nd. Bank of America cut their price objective on shares of PepsiCo from $155.00 to $150.00 and set a “neutral” rating on the stock in a report on Friday, April 25th. Finally, UBS Group cut their price objective on shares of PepsiCo from $175.00 to $169.00 and set a “buy” rating on the stock in a report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $160.69.

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.