Lion Street Advisors LLC Has $1.28 Million Position in PepsiCo, Inc. (NASDAQ:PEP)

Lion Street Advisors LLC grew its holdings in PepsiCo, Inc. (NASDAQ:PEP) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,395 shares of the company’s stock after purchasing an additional 389 shares during the quarter. Lion Street Advisors LLC’s holdings in PepsiCo were worth $1,276,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Highline Wealth Partners LLC bought a new stake in PepsiCo in the third quarter valued at about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of PepsiCo in the third quarter worth about $31,000. Rakuten Securities Inc. grew its holdings in shares of PepsiCo by 93.2% during the third quarter. Rakuten Securities Inc. now owns 199 shares of the company’s stock worth $34,000 after buying an additional 96 shares in the last quarter. Bay Harbor Wealth Management LLC bought a new position in shares of PepsiCo during the fourth quarter worth about $34,000. Finally, ORG Wealth Partners LLC acquired a new position in PepsiCo during the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Stock Performance

Shares of PEP opened at $143.49 on Wednesday. The firm has a market capitalization of $196.87 billion, a P/E ratio of 21.16, a P/E/G ratio of 2.92 and a beta of 0.54. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.70 and a current ratio of 0.89. The stock has a 50 day moving average price of $152.86 and a two-hundred day moving average price of $164.71. PepsiCo, Inc. has a 52 week low of $141.51 and a 52 week high of $183.41.

PepsiCo (NASDAQ:PEP) last released its earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.02. The company had revenue of $27.78 billion during the quarter, compared to analyst estimates of $27.89 billion. PepsiCo had a return on equity of 57.32% and a net margin of 10.18%. PepsiCo’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the company posted $1.78 earnings per share. Equities analysts forecast that PepsiCo, Inc. will post 8.15 earnings per share for the current fiscal year.

PepsiCo Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Friday, December 6th were issued a $1.355 dividend. This represents a $5.42 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Friday, December 6th. PepsiCo’s dividend payout ratio is presently 79.94%.

Analyst Ratings Changes

A number of analysts have recently issued reports on PEP shares. StockNews.com raised PepsiCo from a “hold” rating to a “buy” rating in a research report on Tuesday, November 5th. HSBC cut their price objective on PepsiCo from $186.00 to $170.00 and set a “hold” rating on the stock in a report on Tuesday. TD Cowen cut their target price on PepsiCo from $183.00 to $160.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Royal Bank of Canada assumed coverage on PepsiCo in a research note on Tuesday. They issued a $172.00 price objective on the stock. Finally, Evercore ISI dropped their price objective on PepsiCo from $180.00 to $160.00 in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $174.53.

PepsiCo Company 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.