Acropolis Investment Management LLC lifted its position in shares of PepsiCo, Inc. (NASDAQ:PEP) by 1.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,746 shares of the company’s stock after acquiring an additional 104 shares during the quarter. Acropolis Investment Management LLC’s holdings in PepsiCo were worth $1,195,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vista Private Wealth Partners. LLC purchased a new position in shares of PepsiCo in the third quarter valued at $36,000. Cordasco Financial Network raised its stake in shares of PepsiCo by 50.0% during the 3rd quarter. Cordasco Financial Network now owns 300 shares of the company’s stock valued at $41,000 after purchasing an additional 100 shares during the period. 1 North Wealth Services LLC bought a new stake in shares of PepsiCo during the 3rd quarter valued at $44,000. Simon Quick Advisors LLC raised its stake in shares of PepsiCo by 53.9% during the 4th quarter. Simon Quick Advisors LLC now owns 337 shares of the company’s stock valued at $46,000 after purchasing an additional 118 shares during the period. Finally, Fulcrum Capital LLC lifted its holdings in PepsiCo by 6.0% during the 3rd quarter. Fulcrum Capital LLC now owns 49,732 shares of the company’s stock worth $47,000 after purchasing an additional 2,834 shares in the last quarter. Institutional investors own 71.14% of the company’s stock.

Shares of NASDAQ:PEP traded down $0.16 on Tuesday, reaching $136.37. 1,035,823 shares of the company traded hands, compared to its average volume of 3,694,697. The business’s 50-day simple moving average is $136.37 and its 200 day simple moving average is $134.51. PepsiCo, Inc. has a 52 week low of $106.73 and a 52 week high of $140.45. The stock has a market capitalization of $187.59 billion, a P/E ratio of 24.09, a price-to-earnings-growth ratio of 3.24 and a beta of 0.53. The company has a current ratio of 0.95, a quick ratio of 0.77 and a debt-to-equity ratio of 2.08.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 7th. Stockholders of record on Friday, December 6th were paid a $0.955 dividend. This represents a $3.82 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Thursday, December 5th. PepsiCo’s dividend payout ratio (DPR) is presently 67.49%.

Several research analysts have commented on PEP shares. JPMorgan Chase & Co. set a $154.00 target price on PepsiCo and gave the stock a “buy” rating in a research note on Thursday, October 3rd. BidaskClub cut PepsiCo from a “sell” rating to a “strong sell” rating in a research report on Friday. Evercore ISI reissued a “hold” rating on shares of PepsiCo in a report on Sunday, December 15th. Guggenheim set a $130.00 price objective on shares of PepsiCo and gave the company a “hold” rating in a research report on Thursday, September 26th. Finally, Credit Suisse Group boosted their price objective on shares of PepsiCo from $117.00 to $126.00 and gave the company an “underperform” rating in a research note on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $135.53.

PepsiCo Company Profile

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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