PepsiCo, Inc. (PEP) Forecasted to Earn FY2018 Earnings of $5.70 Per Share

Asset Management Group Inc sold 4,215 shares as the company's stock rose 5.12% with the market. First Long Island Investors Llc who had been investing in Pepsico Inc Com for a number of months, seems to be bullish on the $155.74B market cap company.

PepsiCo (NASDAQ PEP) traded up $0.42 during mid-day trading on Thursday, hitting $109.68. About 4.76 million shares traded or 13.85% up from the average.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Tuesday, February 13th. It has underperformed by 4.38% the S&P500. Gradient Investments LLC now owns 1,530 shares of the company's stock worth $162,000 after buying an additional 100 shares during the period.

The stock increased 1.72% or $6.67 during the last trading session, reaching $394.84. About 179,025 shares traded. Zayo Group Holdings, Inc. Eni S.p.A. (NYSE:E) has risen 12.32% since February 24, 2017 and is uptrending. It has underperformed by 2.48% the S&P500.

Since October 10, 2017, it had 0 insider buys, and 1 sale for $2.37 million activity. One research analyst has rated the stock with a sell rating, nine have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Therefore 36% are positive. Argus boosted their price target on PepsiCo from $116.00 to $124.00 and gave the stock a "buy" rating in a report on Wednesday, July 13th. (NASDAQ:PEP) rating on Friday, July 8. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned "Neutral" rating by Sterne Agee CRT on Friday, February 26. The company has an average rating of Hold and a consensus price target of $123.04. RBC Capital Markets maintained the shares of PEP in report on Friday, June 30 with "Hold" rating.

The stock of Pershing Gold Corporation (NASDAQ:PGLC) hit a new 52-week low and has $2.09 target or 3.00% below today's $2.15 share price. (NASDAQ:PEP) earned "Buy" rating by Societe Generale on Monday, December 12. (NASDAQ:NSSC) on Thursday, January 12 with "Buy" rating. (NASDAQ:PEP) has "Hold" rating given on Tuesday, September 5 by RBC Capital Markets. Investors of record on Friday, March 2nd will be paid a dividend of $0.805 per share. Its up 0.19, from 0.75 in 2017Q2. It improved, as 51 investors sold PEP shares while 689 reduced holdings. The company reported $1.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.30 by $0.01. Stonebridge Capital Mgmt Inc holds 3.09% of its portfolio in PepsiCo, Inc. Boothbay Fund Mngmt Llc holds 4,806 shares. The New York-based M&T Comml Bank has invested 0% in Popular, Inc. UBS Asset Management Americas Inc. lifted its stake in PepsiCo by 0.6% during the fourth quarter. Hodges Capital Mgmt Inc has invested 0.1% in PepsiCo, Inc. (NASDAQ:PEP) for 38,989 shares. Segall Bryant And Hamill Ltd Liability holds 0.67% or 259,592 shares in its portfolio. Barclays Public Ltd holds 576 shares. Moreover, State Of Alaska Department Of Revenue has 0.94% invested in PepsiCo, Inc. (NASDAQ:PEP). Princeton Portfolio Strategies Gru Limited Liability Corp has invested 1.4% in PepsiCo, Inc.

Investors sentiment increased to 1.58 in Q3 2017. Its down 0.14, from 1.34 in 2017Q2. It is positive, as 6 investors sold GHM shares while 17 reduced holdings. Kornitzer Capital Inc Ks invested 0.92% in PepsiCo, Inc. (NYSE:ZAYO). Ameriprise Fincl has 12,390 shares. Obermeyer Wood Inv Counsel Lllp reported 1,810 shares. Hirtle Callaghan Communications Ltd Company has 112 shares. After $0.82 actual earnings per share reported by Spectra Energy Partners, LP for the previous quarter, Wall Street now forecasts 3.66% EPS growth. Jana Prtnrs Ltd reported 4.18M shares. 2,821 are held by Convergence Limited Liability Co. (NYSE:ZAYO). Balyasny Asset Mngmt Limited Company, Illinois-based fund reported 278,605 shares. Hutchinson Cap Mgmt Ca owns 4,091 shares. Asset Mngmt One, a Japan-based fund reported 312,368 shares. Neuberger Berman Grp has 0% invested in Popular, Inc. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Live Your Vision Lc accumulated 110 shares. It also upped Physicians Rlty Tr (NYSE:DOC) stake by 25,250 shares and now owns 178,281 shares. Ngam Advisors Limited Partnership owns 0.03% invested in Popular, Inc. (NYSE:ZAYO) for 13.43 million shares. (NASDAQ:PEP) on Thursday, August 10 with "Buy" rating.

Glenmede Trust Company Na increased Smith And Nephew Plc Spon Adr (NYSE:SNN) stake by 84,401 shares to 796,361 valued at $28.99 million in 2017Q3. The insider Steinfort Matt sold 812 shares worth $28,379. If the $2.09 price target is reached, the company will be worth $2.16M less.

PEP has been the topic of several recent research reports. As per Wednesday, October 7, the company rating was maintained by S&P Research. RBC Capital Markets has "Hold" rating and $115.0 target. The rating was maintained by JP Morgan on Wednesday, February 14 with "Overweight". Finally, Jefferies Group reiterated a "hold" rating and issued a $113.00 price target on shares of PepsiCo in a research note on Thursday, January 4th. The firm has "Buy" rating by Jefferies given on Monday, September 18. SunTrust Banks assumed coverage on shares of PepsiCo in a research report on Monday, January 29th.

Analysts await PepsiCo, Inc. (NYSE:ZAYO) rating on Thursday, July 27. The rating was maintained by RBC Capital Markets with "Hold" on Tuesday, August 1. The rating was downgraded by Raymond James on Wednesday, May 10 to "Mkt Perform". The rating was downgraded by Evercore on Tuesday, March 22 to "Sell".

Related Articles

  • Tyvor Capital LLC Takes $554000 Position in Finish Line Inc (FINL)

    If you are reading this story on another domain, it was illegally copied and reposted in violation of USA & global copyright law. Fernwood Investment Management LLC acquired a new position in shares of Finish Line during the 3rd quarter valued at $120,000.
    Apple to store iCloud keys in China, sparking privacy fears

    Apple to store iCloud keys in China, sparking privacy fears

    The company fought to keep iCloud data in the United States , but was "ultimately unsuccessful", Apple said in a statement. According to Apple, for the first time the company will store the keys for Chinese iCloud accounts in China itself. (CRM) Rating Reiterated by JMP Securities

    The Washington-based Brighton Jones Ltd Liability Com has invested 0.06% in, inc. (NYSE:CRM) or 19,042 shares. The company is scheduled to report its next earnings results after the market closes on Wednesday, February 28th.
  • President Trump promise strong gun holder checking

    President Trump promise strong gun holder checking

    Highly trained, gun adept, teachers/coaches would solve the problem instantly, before police arrive. A spokesman later said Mr Trump was speaking specifically about semi-automatic weapons.

    Fuller & Thaler Asset Management Inc. Raises Stake in Chatham Lodging Trust (CLDT)

    The Manufacturers Life Insurance Company grew its stake in shares of Chatham Lodging Trust by 0.3% in the second quarter. Barclays restated a "hold" rating on shares of Chatham Lodging Trust in a research note on Sunday, November 5th.
    Iraq Sentences 15 Turkish Women To Death for Joining IS

    Iraq Sentences 15 Turkish Women To Death for Joining IS

    Melina Bougedir, 27, was detained last summer as Iraqi troops took over the northern city of Mosul from extremists. Nonetheless, the trials and harsh sentences have aroused deep concern among many global human rights groups.
  • PSL 2018: Lahore Qalandars off to aggressive start against Quetta Gladiators

    PSL 2018: Lahore Qalandars off to aggressive start against Quetta Gladiators

    Shahid Afridi (4-1-7-5) and Yasir Shah (4-0-7-4) were the joint record holder for the most economic spell earlier. Before Narine exacted his revenge by rattling the timber to send Watson back, the Aussie had knocked off for 66.
    Mercedes-Benz X-Class Scores Five-Star ANCAP Rating

    Mercedes-Benz X-Class Scores Five-Star ANCAP Rating

    At the heart of the new S-Class sits a new in-line, six-cylinder diesel engine that churns out 286PS and 600Nm of peak torque. Luxury features, including ventilated seats with body-massage function and the four-zone climate control, remains unchanged.
    Canada advances to men's hockey semis

    Canada advances to men's hockey semis

    Duggan said she was really happy Savolainen got up and that any decision about a potential suspension was out of her control. The New York Times pithily demonstrated the historic dominance of Canada and the Olympic women's hockey.
  • Forsta AP Fonden Trims Position in Education Realty Trust, Inc. (EDR)

    Stifel Nicolaus maintained Empire State Realty Trust, Inc. (NYSE:DLR). 12,468 were accumulated by Dekabank Deutsche Girozentrale. Great West Life Assurance Can stated it has 0% in Empire State Realty Trust, Inc. (NYSE:DLR) to report earnings on April, 26.
    A look at Sridevi's films with Kamal, Rajini

    A look at Sridevi's films with Kamal, Rajini

    In a rare chatty moment, she recounted her experience on the sets of the film Moonru Mudichu , her first film as a heroine. In fact, it was through the movies directed by IV Sasi that Sridevi became a much popular figure in Malayalam films.
    CONFIRMED: The Rolling Stones will be playing at Croke Park in May

    CONFIRMED: The Rolling Stones will be playing at Croke Park in May

    Croke Park will already play host to Taylor Swift on June 15 and 16 while Michael Buble will take to the stage on July 7. With the Stones members planning on coming to Sydney for Exhibition there are rumours swirling of possible live shows.