PepsiCo, Inc. (NASDAQ:PEP) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. lessened its stake in PepsiCo, Inc. (NASDAQ:PEP) by 0.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,275 shares of the company’s stock after selling 1,094 shares during the period. GW Henssler & Associates Ltd.’s holdings in PepsiCo were worth $17,833,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PEP. HHM Wealth Advisors LLC increased its position in shares of PepsiCo by 46.9% during the 4th quarter. HHM Wealth Advisors LLC now owns 2,940 shares of the company’s stock valued at $447,000 after purchasing an additional 938 shares during the period. Willis Investment Counsel boosted its stake in PepsiCo by 0.8% during the fourth quarter. Willis Investment Counsel now owns 196,282 shares of the company’s stock valued at $29,847,000 after buying an additional 1,516 shares in the last quarter. CFM Wealth Partners LLC raised its position in PepsiCo by 5.4% in the fourth quarter. CFM Wealth Partners LLC now owns 4,655 shares of the company’s stock worth $708,000 after acquiring an additional 240 shares in the last quarter. Sunesis Advisors LLC lifted its holdings in PepsiCo by 1.6% in the 4th quarter. Sunesis Advisors LLC now owns 6,256 shares of the company’s stock valued at $951,000 after acquiring an additional 100 shares during the last quarter. Finally, Citadel Investment Advisory Inc. boosted its position in shares of PepsiCo by 0.9% during the 4th quarter. Citadel Investment Advisory Inc. now owns 16,671 shares of the company’s stock valued at $2,535,000 after purchasing an additional 150 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Trading Down 0.8 %

PepsiCo stock opened at $150.69 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.89 and a debt-to-equity ratio of 1.96. PepsiCo, Inc. has a 12 month low of $141.51 and a 12 month high of $183.41. The company’s fifty day simple moving average is $153.12 and its 200-day simple moving average is $164.88. The stock has a market cap of $206.75 billion, a P/E ratio of 22.23, a P/E/G ratio of 2.92 and a beta of 0.54.

PepsiCo Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 6th were given a $1.355 dividend. This represents a $5.42 annualized dividend and a yield of 3.60%. The ex-dividend date was Friday, December 6th. PepsiCo’s payout ratio is currently 79.94%.

Analyst Ratings Changes

Several analysts recently commented on the stock. TD Cowen cut their target price on shares of PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Royal Bank of Canada reissued a “sector perform” rating and set a $172.00 price objective on shares of PepsiCo in a research note on Wednesday, January 29th. Wells Fargo & Company cut their target price on PepsiCo from $170.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their price target on PepsiCo from $183.00 to $165.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Finally, UBS Group reduced their price objective on shares of PepsiCo from $193.00 to $175.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. One 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $176.73.

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.