LWM Advisory Services LLC Buys 80 Shares of PepsiCo, Inc. (NASDAQ:PEP)

LWM Advisory Services LLC raised its stake in PepsiCo, Inc. (NASDAQ:PEP) by 3.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,768 shares of the company’s stock after purchasing an additional 80 shares during the period. LWM Advisory Services LLC’s holdings in PepsiCo were worth $470,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of PEP. LFA Lugano Financial Advisors SA lifted its holdings in shares of PepsiCo by 80.5% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 157 shares of the company’s stock worth $27,000 after acquiring an additional 70 shares during the period. Life Planning Partners Inc bought a new position in shares of PepsiCo during the 4th quarter worth about $34,000. Naples Money Management LLC bought a new position in shares of PepsiCo during the 4th quarter worth about $36,000. Criterion Capital Advisors LLC bought a new position in shares of PepsiCo during the 4th quarter worth about $39,000. Finally, Avion Wealth lifted its holdings in shares of PepsiCo by 61.7% during the 4th quarter. Avion Wealth now owns 241 shares of the company’s stock worth $41,000 after acquiring an additional 92 shares during the period. 73.07% of the stock is owned by institutional investors.

PepsiCo Stock Up 0.3 %

PEP traded up $0.56 during trading on Monday, reaching $176.14. 3,224,217 shares of the stock were exchanged, compared to its average volume of 5,823,218. PepsiCo, Inc. has a twelve month low of $155.83 and a twelve month high of $196.88. The stock has a market cap of $242.15 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 2.86 and a beta of 0.53. The stock’s 50 day moving average price is $169.40 and its two-hundred day moving average price is $167.92. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.68 and a current ratio of 0.86.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, April 23rd. The company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.09. The company had revenue of $18.25 billion during the quarter, compared to analysts’ expectations of $18.08 billion. PepsiCo had a net margin of 10.00% and a return on equity of 57.37%. PepsiCo’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.50 earnings per share. Equities analysts expect that PepsiCo, Inc. will post 8.16 EPS for the current year.

PepsiCo Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Friday, March 1st were issued a $1.265 dividend. This represents a $5.06 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Thursday, February 29th. PepsiCo’s dividend payout ratio is presently 76.09%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Morgan Stanley raised shares of PepsiCo from an “equal weight” rating to an “overweight” rating and set a $190.00 price objective for the company in a report on Monday, March 18th. Citigroup upgraded shares of PepsiCo from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $180.00 to $195.00 in a research report on Monday, February 12th. Argus cut shares of PepsiCo from a “buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of PepsiCo from $181.00 to $184.00 and gave the stock a “hold” rating in a research note on Friday, February 9th. Finally, Wedbush reissued an “outperform” rating and set a $195.00 price objective on shares of PepsiCo in a research note on Tuesday, April 23rd. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $187.42.

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.