First Western Capital Management Company Decreased Stake in Pepsico Incorporated (PEP) by $3.83 Million; Shares Declined

June 29, 2018 - By Estela Ashley

PepsiCo, Inc. (NASDAQ:PEP) Corporate LogoDuring Q1 2018 the big money sentiment is 0.86. That’s change of 2017Q4’s as. 67 investors sold all, 715 reduced holdings as PEP ratio has no change. 550 increased stakes while only 119 funds took stakes. Funds hold 956.07 million shares thus 0.28% less from 2017Q4’s 958.76 million shares. Sns Financial Group Limited Liability Corporation has 0.12% invested in PepsiCo, Inc. (NASDAQ:PEP). Northern Cap Mngmt Limited Com accumulated 18,741 shs or 0.53% of the stock. Somerset Tru has invested 0.77% of its capital in PepsiCo, Inc. (NASDAQ:PEP). The Illinois-based Driehaus Management Limited Liability Corp has invested 0.01% in PepsiCo, Inc. (NASDAQ:PEP). Hartford Financial holds 0.88% of its capital in PepsiCo, Inc. (NASDAQ:PEP) for 15,903 shs. Advisor Ltd Liability Company has 0.64% invested in PepsiCo, Inc. (NASDAQ:PEP). Dimensional Fund Limited Partnership reported 0.19% in PepsiCo, Inc. (NASDAQ:PEP). Peak6 Invests Lp stated it has 20,240 shs. Camarda Fincl Advisors Limited Liability Corporation has 284 shs for 0.03% of their capital. Cullen Frost Bankers Inc owns 194,368 shs for 0.62% of their capital. Tnb Financial has 25,997 shs for 0.5% of their capital. Colony Limited Liability Co reported 238,726 shs stake. Chem Financial Bank holds 0.83% or 69,557 shs. Winslow Evans And Crocker stated it has 6,448 shs. Wilkins Inv Counsel holds 61,372 shs.

The holdings In Pepsico Incorporated (PEP) was reduced owned by First Western Capital Management Company. According to 2018Q1 Securities and Exchange form the decrease is 90.75%. By selling 35,150 shares First Western Capital Management Company made the stock sank with 9.58%. The hedge fund is holding 3,584 shares, compared to the 38,734 from the previous quarter. And the announced value of the consumer non-durables company is $391,000 for the 2018Q1. First Western Capital Management Company has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

On July, 10. Investors wait PepsiCo, Inc. (NASDAQ:PEP) to publish its quarterly earnings, Faxor reports. Analysts have expectation on stock’s earnings per share of $1.52. That’s up 1.33 % from last year’s $1.5 earnings per share. PEP’s profit could be $2.16 billion if the current earnings per share of $1.52 is accurate. Wall Street now sees 58.33 % EPS growth despite PepsiCo, Inc. last quarter’s EPS of $0.96.

PepsiCo, Inc. (NASDAQ:PEP) Ratings Coverage

Total analysts of 10 have positions in PepsiCo (NYSE:PEP) as follows: 3 rated it a “Buy”, 1 with “Sell” and 6 with “Hold”. The positive are 30%. Since January 4, 2018 according to StockzIntelligence Inc PepsiCo has 10 analyst reports. On Wednesday, February 14 the rating was downgraded by Evercore to “In-Line”. The company rating was downgraded by Goldman Sachs on Tuesday, April 17. In Friday, April 27 report Stifel Nicolaus maintained it with “Hold” rating and $110 target. On Monday, February 12 Susquehanna maintained PepsiCo, Inc. (NASDAQ:PEP) with “Buy” rating. On Thursday, January 4 Jefferies maintained PepsiCo, Inc. (NASDAQ:PEP) with “Hold” rating. On Thursday, February 1 the stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Hold” rating by Credit Suisse. On Thursday, January 4 the rating was maintained by Wells Fargo with “Hold”. In Monday, January 8 report Cowen & Co maintained it with “Buy” rating and $133.0 target. On Wednesday, February 14 JP Morgan maintained PepsiCo, Inc. (NASDAQ:PEP) with “Overweight” rating.

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

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