Financial & Tax Architects LLC Has $5.84 Million Position in PepsiCo, Inc. (NASDAQ:PEP)

Financial & Tax Architects LLC grew its position in PepsiCo, Inc. (NASDAQ:PEP) by 12.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,417 shares of the company’s stock after purchasing an additional 4,309 shares during the period. Financial & Tax Architects LLC’s holdings in PepsiCo were worth $5,842,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. lifted its position in PepsiCo by 14.1% in the 2nd quarter. Pacer Advisors Inc. now owns 201,035 shares of the company’s stock valued at $33,157,000 after acquiring an additional 24,835 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of PepsiCo by 2.8% in the second quarter. Sei Investments Co. now owns 389,241 shares of the company’s stock valued at $64,186,000 after purchasing an additional 10,547 shares in the last quarter. Boston Research & Management Inc. boosted its position in shares of PepsiCo by 2.3% during the second quarter. Boston Research & Management Inc. now owns 32,468 shares of the company’s stock worth $5,355,000 after buying an additional 721 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of PepsiCo by 8.5% during the second quarter. Thrivent Financial for Lutherans now owns 121,512 shares of the company’s stock worth $20,040,000 after buying an additional 9,567 shares in the last quarter. Finally, Capstone Triton Financial Group LLC lifted its stake in PepsiCo by 2.6% in the 2nd quarter. Capstone Triton Financial Group LLC now owns 5,780 shares of the company’s stock valued at $953,000 after acquiring an additional 146 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Up 1.2 %

Shares of PepsiCo stock opened at $148.25 on Friday. PepsiCo, Inc. has a 1 year low of $141.51 and a 1 year high of $183.41. The company has a market capitalization of $203.40 billion, a price-to-earnings ratio of 21.87, a P/E/G ratio of 2.57 and a beta of 0.54. The business has a fifty day simple moving average of $155.37 and a two-hundred day simple moving average of $165.83. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.89 and a quick ratio of 0.70.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Friday, December 6th were issued a dividend of $1.355 per share. This represents a $5.42 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Friday, December 6th. PepsiCo’s payout ratio is 79.94%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PEP. Hsbc Global Res raised shares of PepsiCo to a “hold” rating in a research note on Thursday, October 10th. Redburn Atlantic upgraded shares of PepsiCo to a “strong sell” rating in a research note on Thursday, October 10th. StockNews.com upgraded shares of PepsiCo from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft raised PepsiCo from a “hold” rating to a “buy” rating and lifted their target price for the company from $179.00 to $184.00 in a research report on Thursday, December 12th. Finally, TD Cowen reduced their price target on PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, PepsiCo presently has an average rating of “Hold” and a consensus target price of $178.60.

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.