14,300 Shares in PepsiCo, Inc. (NASDAQ:PEP) Bought by GWN Securities Inc.

GWN Securities Inc. acquired a new stake in shares of PepsiCo, Inc. (NASDAQ:PEP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 14,300 shares of the company’s stock, valued at approximately $2,134,000.

Several other large investors have also recently made changes to their positions in the business. Collier Financial bought a new position in shares of PepsiCo during the fourth quarter valued at approximately $28,000. Creative Capital Management Investments LLC purchased a new position in PepsiCo in the fourth quarter worth about $30,000. Legacy Investment Solutions LLC purchased a new position in PepsiCo in the third quarter worth about $31,000. Bay Harbor Wealth Management LLC bought a new position in shares of PepsiCo in the fourth quarter worth about $34,000. Finally, Human Investing LLC bought a new stake in PepsiCo during the 4th quarter valued at approximately $39,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

PepsiCo Trading Up 0.2 %

Shares of PepsiCo stock opened at $148.59 on Friday. PepsiCo, Inc. has a 1 year low of $141.51 and a 1 year high of $183.41. The firm has a market cap of $203.79 billion, a PE ratio of 21.38, a PEG ratio of 3.09 and a beta of 0.52. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.82 and a quick ratio of 0.65. The company has a 50 day simple moving average of $148.76 and a two-hundred day simple moving average of $159.99.

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 analysts’ consensus estimates of $1.94 by $0.02. The business had revenue of $27.78 billion for the quarter, compared to the consensus estimate of $27.89 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.78 EPS. Analysts expect that PepsiCo, Inc. will post 8.3 earnings per share for the current fiscal year.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 7th will be given a dividend of $1.355 per share. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.65%. PepsiCo’s dividend payout ratio is currently 77.99%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PEP. UBS Group dropped their target price on PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a report on Thursday, January 16th. HSBC reduced their target price on PepsiCo from $186.00 to $170.00 and set a “hold” rating on the stock in a research report on Tuesday, February 4th. Jefferies Financial Group lowered PepsiCo from a “buy” rating to a “hold” rating and cut their price objective for the company from $171.00 to $170.00 in a report on Wednesday. Evercore ISI lowered their price target on PepsiCo from $180.00 to $160.00 in a research report on Tuesday, February 4th. Finally, TD Cowen reduced their target price on PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $170.59.

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.