Pepsico INC (PEP) Shareholder Mufg Americas Holdings Corp Decreased Stake by $4.39 Million

June 27, 2018 - By Mark Williams

PepsiCo, Inc. (NASDAQ:PEP) Corporate LogoDuring 2018 Q1 the big money sentiment is 0.86. That’s change of 2017Q4’s as. 67 investors sold all, 715 reduced holdings as PEP ratio is the same. 550 grew positions while only 119 funds took positions. Funds hold 956.07 million shares thus 0.28% less from 2017Q4’s 958.76 million shares. Wendell David Associates has 67,300 shs. Trustmark Bank & Trust Tru Department owns 46,912 shs for 0.55% of their capital. Outfitter Advisors reported 12,825 shs. Greystone Managed Invests invested 0.44% in PepsiCo, Inc. (NASDAQ:PEP). Adams Diversified Equity Fund Inc reported 134,400 shs stake. Clinton Inc holds 0.71% or 60,839 shs in its capital. Hourglass Capital holds 0.1% or 4,188 shs. Baldwin Brothers Incorporated Ma reported 115,297 shs. Peapack Gladstone holds 0% or 291,842 shs. Sector Pension Board, a Quebec – Canada-based fund reported 161,616 shs. Putnam Fl Mngmt invested in 16,365 shs. 67,452 are owned by Jupiter Asset Management Ltd. Diamond Hill Mgmt invested 1.18% of its capital in PepsiCo, Inc. (NASDAQ:PEP). Smith Asset Gp Limited Partnership, Texas-based fund reported 28 shs. Gideon Cap Advsrs has invested 0.86% of its capital in PepsiCo, Inc. (NASDAQ:PEP).

Mufg Americas Holdings Corp’s stake in Pepsico Inc (PEP) is reduced by 14.14% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock declined 9.58% with the market as Mufg Americas Holdings Corp sold 40,243 shares. At the end of 2018Q1, the institutional investor held 244,398 shares of the consumer non-durables company, priced at $26.68 million, down from 284,641 at the end of the previous reported quarter. $153.72B is the MC of Pepsico Inc. Ticker’s shares touched $108.42 during the last trading session after 0.34% change.PepsiCo, Inc. has volume of 1.02 million shares. Since June 27, 2017 PEP has declined 14.65% and is downtrending. The stock underperformed the S&P 500 by 27.22%.

Mufg Americas Holdings Corp manages about $3.17 billion US Long portfolio. Its stake in E Trade Financial Corp (NASDAQ:ETFC) was rose by 62,569 shares to 120,810 shares valued at $6.69M in 2018Q1, according to the filing. For a total of 395,512 shares it increased its holding in Bristol Myers Squibb Co (NYSE:BMY) by 54,210 shares in the quarter, and has risen its stake in O Reilly Automotive Inc New (NASDAQ:ORLY).

On July, 10 PepsiCo, Inc. (NASDAQ:PEP)’s earnings release is anticipated by WallStreet, RTT reports. The EPS diference is $0.02 or 1.33 % up from last years number. Previous year: $1.5; Analysts forcast: $1.52. PEP’s profit could be $2.16B with 17.83 P/E in case $1.52 EPS is revealed. Last quarter $0.96 EPS was reported. Analysts predicts 58.33 % EPS growth this quarter.

PepsiCo, Inc. (NASDAQ:PEP) Ratings Coverage

In total 10 analysts cover PepsiCo (NYSE:PEP). “Buy” rating has 3, “Sell” are 1, while 6 are “Hold”. (NYSE:PEP) has 30% bullish analysts. With $140.0 highest and $110 lowest target, PepsiCo has $121.56 average target or 12.12% above the current ($108.42) price. 10 are the (NYSE:PEP)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, February 14 the firm earned “Overweight” rating by JP Morgan. On Monday, January 8 Cowen & Co maintained PepsiCo, Inc. (NASDAQ:PEP) rating. Cowen & Co has “Buy” rating and $133.0 target. On Wednesday, February 14 the firm earned “In-Line” rating by Evercore. On Thursday, January 4 Wells Fargo maintained the shares of PEP in report with “Hold” rating. On Thursday, January 4 the rating was maintained by Jefferies with “Hold”. On Friday, April 27 the company was maintained by Stifel Nicolaus. On Monday, February 12 the stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given by Susquehanna. On Thursday, February 1 Credit Suisse maintained the shares of PEP in report with “Hold” rating. On Tuesday, April 17 Goldman Sachs downgraded PepsiCo, Inc. (NASDAQ:PEP) rating. Goldman Sachs has “Sell” rating and $11000 target.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Investors Chart

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