Tokio Marine Asset Management Co LTD Holds Stake in Pepsico INC (PEP)

Clay Curtis
May 12, 2018

This buyback authorization permits the company to repurchase shares of its stock through open market purchases.

PepsiCo, Inc operates as a food and beverage company worldwide. The stock increased 1.09% or $0.37 during the last trading session, reaching $34.25. About 3.07 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 9, 2017 and is downtrending. The stock underperformed the S&P500 by 15.30%.

Boston Partners increased its stake in Ardmore Shipping Corp (ASC) by 59.66% based on its latest 2017Q4 regulatory filing with the SEC. Chemung Canal accumulated 70,842 shares or 1.86% of the stock. The institutional investor held 288,047 shares of the consumer services company at the end of 2017Q4, valued at $27.07M, down from 342,331 at the end of the previous reported quarter. Simcoe Capital Management Llc who had been investing in Ituran Location And Control for a number of months, seems to be bullish on the $652.99 million market cap company. In current trading day Dover Corporation (DOV) stock confirmed the flow of -0.27% with the final price of $76.68. During the same period in the previous year, the firm posted $1.20 earnings per share. New Oriental Education & Technology Group Inc. Ardmore Shipping Corporation (NYSE:ASC) has risen 1.96% since May 11, 2017 and is uptrending. It has outperformed by 39.32% the S&P500.

In recent action, PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: "Tracking Yacktman Asset Management Portfolio - Q1 2018 Update" published on May 10, 2018 as well as Seekingalpha.com's news article titled: "PepsiCo reaffirms full-year profit guidance" with publication date: April 26, 2018. It also increased its holding in Texas Instruments Inc.

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The average broker rating helps investors by offering a general feel for sell-side sentiment on company shares. It has change of 0.08, from 2017Q3's 0.94. 63 investors sold all, 712 reduced holdings as PEP ratio dropped.

A hedge fund recently bought a new stake in PepsiCo stock. Funds hold 958.76 million shares thus 0.63% less from 2017Q3's 964.87 million shares. (NASDAQ:PEP). Boston Family Office Limited Liability holds 77,893 shares or 1.03% of its portfolio. Moneta Gru Invest Advsr Ltd Liability Co accumulated 83,056 shares or 1.51% of the stock. Css Llc sold 14,874 shares as the company's stock declined 1.02% with the market. HC Financial Advisors Inc. acquired a new stake in shares of PepsiCo (NASDAQ:PEP) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission.

PepsiCo (NASDAQ:PEP) last released its earnings results on Tuesday, February 13th. Raymond James Tru Na has invested 0.84% in PepsiCo, Inc. (NASDAQ:PEP) or 2,185 shares. Olstein Management Lp owns 30,000 shares for 0.46% of their portfolio. Hartford Invest Mngmt, a Connecticut-based fund reported 308,856 shares. BlackRock Inc. now owns 92,561,144 shares of the company's stock valued at $10,103,049,000 after buying an additional 4,496,990 shares in the last quarter.

This company shares (PEP) so far managed to recover -0.28% since collapsing to its 52-week low. Wealthfront invested 0.07% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Premier Asset Management Lc accumulated 3,369 shs. Community reported 105,203 shares or 1.58% of all its holdings. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company's stock. Therefore 36% are positive. PEP was included in 12 notes of analysts from December 14, 2017. The rating was maintained by Cowen & Co with "Buy" on Monday, January 8. The firm earned "Hold" rating on Thursday, February 1 by Credit Suisse. Burney Com reported 0.63% of its capital in PepsiCo, Inc. (NASDAQ:PEP) on Friday, December 22 with "Hold" rating. The stock has "Hold" rating by RBC Capital Markets on Friday, March 24. Deutsche Bank has "Buy" rating and $120 target. On Tuesday, April 17 the stock rating was downgraded by Goldman Sachs to "Sell". RBC Capital Markets maintained the stock with "Hold" rating in Friday, October 20 report. On Thursday, January 4 Jefferies maintained the shares of PEP in report with "Hold" rating. Verizon Communications Inc. had 82 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by UBS on Wednesday, October 7 with "Buy". The rating was upgraded by Nomura on Monday, November 23 to "Neutral". The company rating was maintained by Stifel Nicolaus on Friday, April 27. Wells Fargo raised their target price on PepsiCo from $110.00 to $115.00 and gave the company a market perform rating in a research report on Thursday, January 4th. Jefferies reinitiated New Oriental Education & Technology Group Inc. The company was downgraded on Wednesday, February 14 by Evercore. The Putnam Investments Llc holds 4.14 million shares with $219.13M value, up from 4.00M last quarter.

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