Pepsico (PEP) Shareholder Loeb Partners Has Lowered Holding by $844,900 as Stock Value Declined; As Schlumberger LTD (SLB) Stock Price Declined, Johnson Financial Group Lowered Position by $317,513

April 19, 2018 - By Adrian Erickson

PepsiCo, Inc. (NASDAQ:PEP) Logo

Loeb Partners Corporation decreased its stake in Pepsico Inc (PEP) by 15.27% based on its latest 2017Q4 regulatory filing with the SEC. Loeb Partners Corporation sold 7,100 shares as the company’s stock declined 9.24% with the market. The institutional investor held 39,400 shares of the consumer non-durables company at the end of 2017Q4, valued at $4.73 million, down from 46,500 at the end of the previous reported quarter. Loeb Partners Corporation who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $149.75 billion market cap company. The stock decreased 1.38% or $1.48 during the last trading session, reaching $105.5. About 4.64 million shares traded or 2.17% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 19, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Johnson Financial Group Inc decreased its stake in Schlumberger Ltd (SLB) by 44.31% based on its latest 2017Q4 regulatory filing with the SEC. Johnson Financial Group Inc sold 4,739 shares as the company’s stock declined 4.39% with the market. The institutional investor held 5,955 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $401,000, down from 10,694 at the end of the previous reported quarter. Johnson Financial Group Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $97.73 billion market cap company. The stock increased 0.25% or $0.1734 during the last trading session, reaching $70.5134. About 5.64M shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 19, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 68 analyst reports since July 21, 2015 according to SRatingsIntel. Susquehanna maintained the shares of PEP in report on Monday, February 12 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, December 22. Jefferies maintained the shares of PEP in report on Friday, September 30 with “Buy” rating. The firm earned “Hold” rating on Friday, November 10 by RBC Capital Markets. The stock has “Outperform” rating by Credit Suisse on Friday, September 16. The firm has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Sector Perform” rating given on Wednesday, October 7 by RBC Capital Markets. Barclays Capital maintained the shares of PEP in report on Tuesday, April 19 with “Overweight” rating. Jefferies maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Thursday, June 22. Jefferies has “Buy” rating and $12700 target. On Tuesday, July 11 the stock rating was maintained by BMO Capital Markets with “Hold”.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It turned negative, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Dt Investment Prtnrs Ltd Liability Company owns 1,768 shares. Haverford Trust Co invested in 2.3% or 976,508 shares. Vestor Capital Lc holds 2.14% or 82,842 shares in its portfolio. Anchor Ltd invested in 0.35% or 83,586 shares. Addison owns 21,467 shares. Regent Investment Lc reported 8,121 shares. Condor Capital Mngmt has invested 0.05% in PepsiCo, Inc. (NASDAQ:PEP). Ingalls Snyder Limited Com reported 121,814 shares. Nordea Invest Mngmt Ab reported 2.04 million shares. Fjarde Ap holds 0.7% or 384,934 shares. The Kentucky-based Kentucky Retirement has invested 0.75% in PepsiCo, Inc. (NASDAQ:PEP). Allsquare Wealth Mngmt Limited Liability Company reported 4,249 shares. Golub Group Inc Lc invested 0.06% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Maryland-based Heritage Invsts Management has invested 1.18% in PepsiCo, Inc. (NASDAQ:PEP). Hays Advisory Ltd Liability Com invested in 0.13% or 3,153 shares.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on April, 26 before the open. They expect $0.92 earnings per share, down 2.13% or $0.02 from last year’s $0.94 per share. PEP’s profit will be $1.31B for 28.67 P/E if the $0.92 EPS becomes a reality. After $1.31 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -29.77% negative EPS growth.

Loeb Partners Corporation, which manages about $405.10 million and $338.92 million US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 16,400 shares to 49,200 shares, valued at $2.49 million in 2017Q4, according to the filing. It also increased its holding in Spdr S&P 500 Etf Tr (SPY) by 4,000 shares in the quarter, for a total of 14,940 shares, and has risen its stake in Honeywell Intl Inc (NYSE:HON).

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It is negative, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. Wright Investors Ser accumulated 6,326 shares or 0.14% of the stock. Hodges Cap Mgmt has 0.07% invested in Schlumberger Limited (NYSE:SLB). Pictet North America Advisors Sa has invested 0.34% of its portfolio in Schlumberger Limited (NYSE:SLB). Moreover, Penn Davis Mcfarland Incorporated has 3.26% invested in Schlumberger Limited (NYSE:SLB). Daiwa Secs Group Inc has invested 0.02% of its portfolio in Schlumberger Limited (NYSE:SLB). Mcrae Mngmt holds 0.15% or 5,306 shares in its portfolio. Metropolitan Life Insurance Company reported 214,787 shares. Sequent Asset Ltd holds 12.52% or 338,762 shares. Edge Wealth Management Limited Liability Corp reported 2,374 shares stake. Tiverton Asset Management Ltd has invested 0.55% in Schlumberger Limited (NYSE:SLB). First Financial Bank Of Newtown holds 0.33% of its portfolio in Schlumberger Limited (NYSE:SLB) for 18,008 shares. Hugh Johnson Advisors Limited Liability Com accumulated 3,106 shares or 0.06% of the stock. Mcdaniel Terry & owns 192,721 shares. Personal Advisors Corporation holds 3,119 shares. Salem Inv Counselors Inc owns 2,478 shares or 0.02% of their US portfolio.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Evercore with “Buy” on Saturday, August 22. On Wednesday, July 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Wednesday, April 4 by Jefferies. The stock has “Buy” rating by Jefferies on Tuesday, November 15. The stock of Schlumberger Limited (NYSE:SLB) earned “Sector Ourperform” rating by Howard Weil on Thursday, May 12. The stock of Schlumberger Limited (NYSE:SLB) has “Hold” rating given on Monday, April 25 by Jefferies. Wells Fargo maintained the shares of SLB in report on Friday, October 20 with “Buy” rating. Jefferies maintained it with “Buy” rating and $99 target in Friday, April 7 report. Seaport Global maintained Schlumberger Limited (NYSE:SLB) rating on Monday, January 22. Seaport Global has “Buy” rating and $82.0 target. SunTrust initiated Schlumberger Limited (NYSE:SLB) on Wednesday, January 18 with “Hold” rating.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 20 before the open. They expect $0.38 earnings per share, up 52.00% or $0.13 from last year’s $0.25 per share. SLB’s profit will be $526.67 million for 46.39 P/E if the $0.38 EPS becomes a reality. After $0.48 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -20.83% negative EPS growth.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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