JBJ Investment Partners LLC boosted its position in PepsiCo, Inc. (NASDAQ:PEP) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,884 shares of the company’s stock after purchasing an additional 185 shares during the period. PepsiCo comprises approximately 0.2% of JBJ Investment Partners LLC’s holdings, making the stock its 27th largest position. JBJ Investment Partners LLC’s holdings in PepsiCo were worth $531,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bernardo Wealth Planning LLC lifted its position in shares of PepsiCo by 4.6% during the 2nd quarter. Bernardo Wealth Planning LLC now owns 5,425 shares of the company’s stock valued at $711,000 after acquiring an additional 238 shares during the period. River & Mercantile Asset Management LLP purchased a new position in shares of PepsiCo during the 2nd quarter worth approximately $7,685,000. Cambridge Investment Research Advisors Inc. grew its stake in PepsiCo by 4.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 190,306 shares of the company’s stock worth $24,955,000 after acquiring an additional 8,015 shares during the period. Mutual Advisors LLC grew its stake in PepsiCo by 6.5% in the 2nd quarter. Mutual Advisors LLC now owns 11,875 shares of the company’s stock worth $1,557,000 after acquiring an additional 728 shares during the period. Finally, Prestige Wealth Management Group LLC purchased a new stake in PepsiCo in the 2nd quarter worth approximately $93,000. Hedge funds and other institutional investors own 71.18% of the company’s stock.

PepsiCo stock traded down $0.13 during mid-day trading on Friday, reaching $143.52. The company had a trading volume of 327,625 shares, compared to its average volume of 3,793,436. The company has a quick ratio of 0.77, a current ratio of 0.95 and a debt-to-equity ratio of 2.08. PepsiCo, Inc. has a 52 week low of $108.00 and a 52 week high of $143.85. The company has a 50 day moving average of $137.43 and a 200-day moving average of $134.95. The firm has a market cap of $199.93 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 3.45 and a beta of 0.53.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Shareholders of record on Friday, December 6th were issued a $0.955 dividend. This represents a $3.82 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date was Thursday, December 5th. PepsiCo’s dividend payout ratio (DPR) is presently 67.49%.

Several research firms have commented on PEP. ValuEngine cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Credit Suisse Group lifted their target price on shares of PepsiCo from $117.00 to $126.00 and gave the stock an “underperform” rating in a research note on Friday, October 4th. BidaskClub raised shares of PepsiCo from a “strong sell” rating to a “sell” rating in a research note on Friday, January 17th. Morgan Stanley lowered shares of PepsiCo from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 16th. Finally, Evercore ISI reaffirmed a “hold” rating on shares of PepsiCo in a research note on Sunday, December 15th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price 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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