LVM Capital Management Ltd. MI increased its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,324 shares of the company’s stock after purchasing an additional 187 shares during the period. LVM Capital Management Ltd. MI’s holdings in PepsiCo were worth $1,684,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Nuveen Asset Management LLC raised its position in PepsiCo by 9,617.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 9,770,327 shares of the company’s stock worth $1,281,183,000 after buying an additional 9,669,780 shares during the last quarter. California Public Employees Retirement System raised its position in PepsiCo by 20.8% during the 2nd quarter. California Public Employees Retirement System now owns 8,887,074 shares of the company’s stock worth $1,165,362,000 after buying an additional 1,528,887 shares during the last quarter. BlackRock Inc. raised its position in PepsiCo by 1.4% during the 2nd quarter. BlackRock Inc. now owns 102,361,480 shares of the company’s stock worth $13,422,659,000 after buying an additional 1,413,723 shares during the last quarter. USS Investment Management Ltd purchased a new position in PepsiCo during the 3rd quarter worth $180,697,000. Finally, Point72 Asset Management L.P. raised its position in PepsiCo by 1,981.5% during the 3rd quarter. Point72 Asset Management L.P. now owns 1,037,551 shares of the company’s stock worth $142,248,000 after buying an additional 987,705 shares during the last quarter. Hedge funds and other institutional investors own 71.14% of the company’s stock.

Shares of PEP opened at $139.20 on Thursday. The company has a 50-day simple moving average of $136.51 and a 200-day simple moving average of $134.57. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 2.08. The company has a market capitalization of $190.83 billion, a PE ratio of 24.59, a P/E/G ratio of 3.30 and a beta of 0.53. PepsiCo, Inc. has a 52-week low of $107.70 and a 52-week high of $140.45.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Stockholders of record on Friday, December 6th were issued a $0.955 dividend. The ex-dividend date was Thursday, December 5th. This represents a $3.82 dividend on an annualized basis and a dividend yield of 2.74%. PepsiCo’s dividend payout ratio is presently 67.49%.

A number of equities analysts have commented on PEP shares. Evercore ISI restated a “hold” rating on shares of PepsiCo in a research report on Sunday, December 15th. BMO Capital Markets restated a “market perform” rating and set a $133.00 price objective (up previously from $128.00) on shares of PepsiCo in a research report on Friday, October 4th. ValuEngine downgraded shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Citigroup upped their price objective on shares of PepsiCo from $139.00 to $143.00 and gave the stock a “neutral” rating in a research report on Friday, October 4th. Finally, Morgan Stanley downgraded shares of PepsiCo from an “overweight” rating to an “equal weight” rating in a research report on Monday, December 16th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $135.53.

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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