PepsiCo, Inc. (NASDAQ:PEP) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC reduced its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 9.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,322 shares of the company’s stock after selling 350 shares during the quarter. Uncommon Cents Investing LLC’s holdings in PepsiCo were worth $505,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. M.E. Allison & CO. Inc. acquired a new position in shares of PepsiCo during the fourth quarter valued at approximately $215,000. Willner & Heller LLC increased its position in shares of PepsiCo by 12.4% during the 4th quarter. Willner & Heller LLC now owns 3,700 shares of the company’s stock valued at $563,000 after purchasing an additional 407 shares during the period. Lincoln Capital LLC raised its stake in shares of PepsiCo by 0.4% in the 4th quarter. Lincoln Capital LLC now owns 16,808 shares of the company’s stock worth $2,556,000 after buying an additional 70 shares in the last quarter. Pine Haven Investment Counsel Inc lifted its holdings in shares of PepsiCo by 1.2% in the fourth quarter. Pine Haven Investment Counsel Inc now owns 9,486 shares of the company’s stock valued at $1,442,000 after buying an additional 115 shares during the period. Finally, Diversify Wealth Management LLC grew its holdings in PepsiCo by 61.1% during the fourth quarter. Diversify Wealth Management LLC now owns 35,395 shares of the company’s stock worth $5,049,000 after acquiring an additional 13,423 shares during the period. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 1.2 %

Shares of NASDAQ PEP opened at $148.25 on Monday. The stock has a market cap of $203.40 billion, a price-to-earnings ratio of 21.87, a PEG ratio of 2.57 and a beta of 0.54. The business has a 50 day simple moving average of $155.37 and a 200 day simple moving average of $165.86. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.70 and a current ratio of 0.89. PepsiCo, Inc. has a 52 week low of $141.51 and a 52 week high of $183.41.

PepsiCo Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, December 6th were issued a dividend of $1.355 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.66%. PepsiCo’s dividend payout ratio is currently 79.94%.

Analyst Ratings Changes

Several research firms have recently weighed in on PEP. Hsbc Global Res upgraded shares of PepsiCo to a “hold” rating in a research report on Thursday, October 10th. Deutsche Bank Aktiengesellschaft upgraded shares of PepsiCo from a “hold” rating to a “buy” rating and raised their target price for the stock from $179.00 to $184.00 in a report on Thursday, December 12th. Barclays cut their price objective on PepsiCo from $183.00 to $158.00 and set an “overweight” rating for the company in a research report on Friday. StockNews.com upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, UBS Group decreased their price target on PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a research report on Thursday. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $178.60.

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.