PepsiCo, Inc. (NASDAQ:PEP) Stock Holdings Raised by Blueprint Investment Partners LLC

Blueprint Investment Partners LLC lifted its stake in shares of PepsiCo, Inc. (NASDAQ:PEP) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,592 shares of the company’s stock after purchasing an additional 108 shares during the period. Blueprint Investment Partners LLC’s holdings in PepsiCo were worth $698,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tcfg Wealth Management LLC lifted its position in shares of PepsiCo by 3.5% in the 4th quarter. Tcfg Wealth Management LLC now owns 1,938 shares of the company’s stock worth $295,000 after buying an additional 66 shares during the last quarter. Lincoln Capital LLC lifted its holdings in PepsiCo by 0.4% in the fourth quarter. Lincoln Capital LLC now owns 16,808 shares of the company’s stock worth $2,556,000 after acquiring an additional 70 shares during the last quarter. Marshall Financial Group LLC boosted its stake in PepsiCo by 2.3% in the fourth quarter. Marshall Financial Group LLC now owns 3,128 shares of the company’s stock valued at $476,000 after acquiring an additional 70 shares during the period. Osprey Private Wealth LLC raised its position in shares of PepsiCo by 0.5% during the 4th quarter. Osprey Private Wealth LLC now owns 15,060 shares of the company’s stock worth $2,290,000 after purchasing an additional 70 shares during the period. Finally, Michael S. Ryan Inc. boosted its position in PepsiCo by 3.3% during the 4th quarter. Michael S. Ryan Inc. now owns 2,239 shares of the company’s stock valued at $340,000 after purchasing an additional 71 shares during the period. 73.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PEP shares. Piper Sandler assumed coverage on PepsiCo in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $171.00 target price on the stock. CICC Research restated a “market perform” rating on shares of PepsiCo in a research report on Friday, February 7th. BNP Paribas decreased their price objective on PepsiCo from $162.00 to $160.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Evercore ISI lowered their target price on PepsiCo from $180.00 to $160.00 in a research report on Tuesday, February 4th. Finally, Citigroup decreased their price target on PepsiCo from $195.00 to $170.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $169.88.

PepsiCo Price Performance

Shares of NASDAQ:PEP opened at $145.45 on Friday. The company has a market capitalization of $199.48 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 3.09 and a beta of 0.52. 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 stock has a fifty day moving average of $149.04 and a 200-day moving average of $159.09. PepsiCo, Inc. has a one year low of $141.51 and a one year high of $183.41.

PepsiCo (NASDAQ:PEP) last released its quarterly earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.02. The business had revenue of $27.78 billion during the quarter, compared to analyst estimates of $27.89 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. PepsiCo’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the company posted $1.78 EPS. As a group, equities analysts anticipate that PepsiCo, Inc. will post 8.3 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be given a $1.355 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.42 annualized dividend and a dividend yield of 3.73%. PepsiCo’s dividend payout ratio (DPR) is presently 77.99%.

About PepsiCo

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.