Burt Wealth Advisors Has $278,000 Stock Position in PepsiCo, Inc. (NASDAQ:PEP)

Burt Wealth Advisors lessened its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 7.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,826 shares of the company’s stock after selling 156 shares during the quarter. Burt Wealth Advisors’ holdings in PepsiCo were worth $278,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Collier Financial bought a new position in shares of PepsiCo in the fourth quarter valued at approximately $28,000. Creative Capital Management Investments LLC acquired a new position in PepsiCo in the fourth quarter worth $30,000. Legacy Investment Solutions LLC bought a new stake in shares of PepsiCo during the third quarter worth $31,000. Rakuten Securities Inc. raised its holdings in shares of PepsiCo by 93.2% in the third quarter. Rakuten Securities Inc. now owns 199 shares of the company’s stock valued at $34,000 after buying an additional 96 shares during the last quarter. Finally, Bay Harbor Wealth Management LLC acquired a new position in PepsiCo during the 4th quarter worth about $34,000. Institutional investors and hedge funds own 73.07% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on PEP shares. BNP Paribas lowered their price objective on shares of PepsiCo from $162.00 to $160.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Citigroup dropped their price objective on shares of PepsiCo from $195.00 to $170.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada began coverage on PepsiCo in a research report on Tuesday, February 4th. They issued a $172.00 price objective on the stock. StockNews.com downgraded PepsiCo from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Finally, Morgan Stanley lowered their price objective on PepsiCo from $185.00 to $168.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $171.47.

PepsiCo Price Performance

Shares of PEP opened at $155.99 on Tuesday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The firm has a market capitalization of $213.94 billion, a PE ratio of 22.44, a P/E/G ratio of 3.09 and a beta of 0.54. The stock has a 50 day simple moving average of $148.68 and a 200 day simple moving average of $161.33. PepsiCo, Inc. has a 52-week low of $141.51 and a 52-week high of $183.41.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.94 by $0.02. The company had revenue of $27.78 billion during the quarter, compared to the consensus estimate of $27.89 billion. PepsiCo had a net margin of 10.43% and a return on equity of 58.87%. The firm’s revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.78 earnings per share. Sell-side analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a dividend of $1.355 per share. The ex-dividend date is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.47%. PepsiCo’s payout ratio is presently 77.99%.

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.