A. D. Beadell Investment Counsel Inc. Sells 100 Shares of PepsiCo, Inc. (NASDAQ:PEP)

A. D. Beadell Investment Counsel Inc. lessened its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,625 shares of the company’s stock after selling 100 shares during the quarter. PepsiCo accounts for about 1.6% of A. D. Beadell Investment Counsel Inc.’s investment portfolio, making the stock its 25th largest position. A. D. Beadell Investment Counsel Inc.’s holdings in PepsiCo were worth $1,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of PEP. ST Germain D J Co. Inc. raised its position in PepsiCo by 3.0% in the 4th quarter. ST Germain D J Co. Inc. now owns 77,192 shares of the company’s stock valued at $11,738,000 after purchasing an additional 2,235 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of PepsiCo by 16.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,166,089 shares of the company’s stock valued at $177,315,000 after buying an additional 167,122 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its holdings in PepsiCo by 12.8% during the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 41,580 shares of the company’s stock worth $6,323,000 after acquiring an additional 4,712 shares during the last quarter. Michael S. Ryan Inc. lifted its position in shares of PepsiCo by 3.3% during the fourth quarter. Michael S. Ryan Inc. now owns 2,239 shares of the company’s stock worth $340,000 after purchasing an additional 71 shares in the last quarter. Finally, Legacy Private Trust Co. grew its stake in shares of PepsiCo by 73.4% during the fourth quarter. Legacy Private Trust Co. now owns 8,415 shares of the company’s stock valued at $1,280,000 after purchasing an additional 3,561 shares during the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Bank of America reduced their price objective on PepsiCo from $190.00 to $185.00 and set a “buy” rating on the stock in a report on Monday, September 30th. StockNews.com raised PepsiCo from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Royal Bank of Canada lowered their price target on shares of PepsiCo from $177.00 to $176.00 and set a “sector perform” rating for the company in a research report on Friday, October 4th. Hsbc Global Res upgraded shares of PepsiCo to a “hold” rating in a report on Thursday, October 10th. Finally, TD Cowen dropped their target price on shares of PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $180.64.

PepsiCo Stock Down 3.1 %

NASDAQ PEP traded down $4.55 during trading hours on Friday, reaching $141.99. 2,983,045 shares of the company’s stock were exchanged, compared to its average volume of 6,092,107. 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 one year low of $141.97 and a one year high of $183.41. The company’s 50-day moving average is $157.81 and its two-hundred day moving average is $166.68. The company has a market capitalization of $194.81 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 2.94 and a beta of 0.54.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Tuesday, October 8th. The company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.30 by $0.01. PepsiCo had a net margin of 10.18% and a return on equity of 57.32%. The business had revenue of $23.32 billion for the quarter, compared to analysts’ expectations of $23.86 billion. During the same period in the previous year, the firm posted $2.25 EPS. The firm’s revenue was down .6% compared to the same quarter last year. On average, analysts forecast that PepsiCo, Inc. will post 8.15 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Friday, December 6th were given a $1.355 dividend. This represents a $5.42 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date was Friday, December 6th. PepsiCo’s dividend payout ratio is presently 79.94%.

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.