PepsiCo, Inc. (NASDAQ:PEP) Stake Increased by Paulson Wealth Management Inc.

Paulson Wealth Management Inc. boosted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 25.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,425 shares of the company’s stock after acquiring an additional 696 shares during the quarter. Paulson Wealth Management Inc.’s holdings in PepsiCo were worth $376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Wealth Architects LLC grew its holdings in PepsiCo by 32.7% in the 3rd quarter. Wealth Architects LLC now owns 3,374 shares of the company’s stock valued at $377,000 after buying an additional 832 shares in the last quarter. Chemung Canal Trust Co. grew its holdings in PepsiCo by 41.5% in the 3rd quarter. Chemung Canal Trust Co. now owns 68,039 shares of the company’s stock valued at $7,606,000 after buying an additional 19,967 shares in the last quarter. Windsor Group LTD grew its holdings in PepsiCo by 28.2% in the 3rd quarter. Windsor Group LTD now owns 13,282 shares of the company’s stock valued at $1,485,000 after buying an additional 2,920 shares in the last quarter. Rockland Trust Co. grew its holdings in PepsiCo by 2.6% in the 3rd quarter. Rockland Trust Co. now owns 156,590 shares of the company’s stock valued at $17,507,000 after buying an additional 3,992 shares in the last quarter. Finally, Appleton Partners Inc. MA grew its holdings in PepsiCo by 5.9% in the 3rd quarter. Appleton Partners Inc. MA now owns 83,622 shares of the company’s stock valued at $9,349,000 after buying an additional 4,682 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

In other PepsiCo news, CEO Vivek Sankaran sold 13,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $117.28, for a total transaction of $1,524,640.00. Following the sale, the chief executive officer now owns 90,379 shares in the company, valued at approximately $10,599,649.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.28% of the stock is owned by corporate insiders.

PEP has been the topic of several recent analyst reports. Zacks Investment Research lowered PepsiCo from a “hold” rating to a “sell” rating in a research note on Tuesday, December 18th. ValuEngine lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Saturday, January 5th. BidaskClub lowered PepsiCo from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 9th. Barclays reaffirmed a “hold” rating and issued a $111.00 price target (up previously from $104.00) on shares of PepsiCo in a research note on Monday, February 18th. Finally, Jefferies Financial Group upped their price target on PepsiCo to $119.00 and gave the company a “hold” rating in a research note on Tuesday, February 19th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $118.79.

NASDAQ PEP traded up $1.43 during trading hours on Monday, hitting $123.66. 4,307,628 shares of the company were exchanged, compared to its average volume of 5,260,226. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.99 and a quick ratio of 0.85. PepsiCo, Inc. has a 52-week low of $95.94 and a 52-week high of $124.00. The company has a market cap of $172.08 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 3.05 and a beta of 0.65.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings results on Friday, February 15th. The company reported $1.49 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.49. PepsiCo had a return on equity of 69.83% and a net margin of 19.35%. The company had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $19.52 billion. During the same quarter in the prior year, the business earned $1.31 EPS. PepsiCo’s revenue was up .0% on a year-over-year basis. Equities research analysts anticipate that PepsiCo, Inc. will post 5.5 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 1st were issued a dividend of $0.9275 per share. The ex-dividend date was Thursday, February 28th. This represents a $3.71 annualized dividend and a yield of 3.00%. PepsiCo’s dividend payout ratio (DPR) is 65.55%.

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About PepsiCo

PepsiCo, Inc operates as a food and beverage company worldwide. The company's Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay's potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap'n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.

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Institutional Ownership by Quarter for PepsiCo (NASDAQ:PEP)

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