Bluecrest Capital Management LTD Raised Its Ak Stl Hldg (AKS) Holding by $3.92 Million; Market Value Declined; Indiana Trust & Investment Management Co Continues to Hold Stake in Pepsico Com (PEP)

May 19, 2018 - By Peter Kolinski

PepsiCo, Inc. (NASDAQ:PEP) Logo

Indiana Trust & Investment Management Co increased its stake in Pepsico Inc Com (PEP) by 11.84% based on its latest 2017Q4 regulatory filing with the SEC. Indiana Trust & Investment Management Co bought 2,998 shares as the company’s stock declined 9.24% with the market. The institutional investor held 28,309 shares of the consumer non-durables company at the end of 2017Q4, valued at $3.40M, up from 25,311 at the end of the previous reported quarter. Indiana Trust & Investment Management Co who had been investing in Pepsico Inc Com for a number of months, seems to be bullish on the $138.26B market cap company. The stock decreased 0.42% or $0.41 during the last trading session, reaching $97.51. About 4.86 million shares traded or 1.26% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 19, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Bluecrest Capital Management Ltd increased its stake in Ak Stl Hldg Corp (AKS) by 77.6% based on its latest 2017Q4 regulatory filing with the SEC. Bluecrest Capital Management Ltd bought 783,002 shares as the company’s stock declined 23.12% with the market. The institutional investor held 1.79 million shares of the steel and iron ore company at the end of 2017Q4, valued at $10.14 million, up from 1.01 million at the end of the previous reported quarter. Bluecrest Capital Management Ltd who had been investing in Ak Stl Hldg Corp for a number of months, seems to be bullish on the $1.48 billion market cap company. The stock decreased 2.49% or $0.12 during the last trading session, reaching $4.7. About 8.35M shares traded. AK Steel Holding Corporation (NYSE:AKS) has declined 38.26% since May 19, 2017 and is downtrending. It has underperformed by 49.81% the S&P500.

Bluecrest Capital Management Ltd, which manages about $3.68B US Long portfolio, decreased its stake in Corning Inc (NYSE:GLW) by 21,668 shares to 141,736 shares, valued at $4.53 million in 2017Q4, according to the filing. It also reduced its holding in Topbuild Corp by 14,240 shares in the quarter, leaving it with 7,084 shares, and cut its stake in Blackstone Mtg Tr Inc (Prn).

More important recent AK Steel Holding Corporation (NYSE:AKS) news were published by: Seekingalpha.com which released: “Do Not Buy AK Steel, Yet” on May 02, 2018, also Globenewswire.com published article titled: “GM Recognizes AK Steel for Performance, Quality, and Innovation”, Bizjournals.com published: “These are AK Steel’s top 5 highest-paid executives” on May 15, 2018. More interesting news about AK Steel Holding Corporation (NYSE:AKS) was released by: Seekingalpha.com and their article: “AK Steel Holding’s (AKS) CEO Roger Newport on Q1 2018 Results – Earnings Call Transcript” with publication date: April 30, 2018.

Among 21 analysts covering AK Steel Holding Corporation (NYSE:AKS), 8 have Buy rating, 2 Sell and 11 Hold. Therefore 38% are positive. AK Steel Holding Corporation had 90 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Wednesday, July 27. Citigroup maintained AK Steel Holding Corporation (NYSE:AKS) on Thursday, November 2 with “Neutral” rating. The rating was downgraded by Macquarie Research on Tuesday, November 29 to “Neutral”. The company was maintained on Monday, September 18 by KeyBanc Capital Markets. The firm has “Buy” rating given on Wednesday, December 20 by Longbow. The firm earned “Market Perform” rating on Wednesday, July 27 by Cowen & Co. Nomura maintained AK Steel Holding Corporation (NYSE:AKS) on Wednesday, March 9 with “Neutral” rating. The firm earned “Buy” rating on Monday, August 22 by Rosenblatt. Jefferies maintained the shares of AKS in report on Tuesday, January 30 with “Hold” rating. The stock of AK Steel Holding Corporation (NYSE:AKS) earned “Buy” rating by Clarkson Capital on Friday, May 26.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.30, from 0.83 in 2017Q3. It is positive, as 52 investors sold AKS shares while 51 reduced holdings. 44 funds opened positions while 72 raised stakes. 208.02 million shares or 5.36% more from 197.43 million shares in 2017Q3 were reported. Legal General Gp Public Limited Com invested in 857,727 shares. Moreover, Corecommodity Management Ltd has 1.5% invested in AK Steel Holding Corporation (NYSE:AKS). Guggenheim Cap Limited Company owns 278,842 shares. Commercial Bank Of Montreal Can has invested 0% in AK Steel Holding Corporation (NYSE:AKS). D E Shaw And Co accumulated 0% or 375,482 shares. Moreover, Tiaa Cref Inv Management Ltd Liability Company has 0.01% invested in AK Steel Holding Corporation (NYSE:AKS) for 2.50 million shares. 410,401 are held by Barclays Public Limited Company. Royal Bancorp Of Canada accumulated 0% or 152,656 shares. Pdt Prns Limited Liability holds 0.6% or 3.67M shares in its portfolio. Geode Capital Mngmt Limited Liability Corp holds 0% or 2.56 million shares. Shikiar Asset stated it has 0.25% of its portfolio in AK Steel Holding Corporation (NYSE:AKS). Css Ltd Limited Liability Company Il has invested 0% in AK Steel Holding Corporation (NYSE:AKS). First Allied Advisory holds 0% or 18,362 shares. Rhumbline Advisers holds 0.01% or 763,141 shares. Moreover, Stifel Financial Corporation has 0% invested in AK Steel Holding Corporation (NYSE:AKS) for 10,270 shares.

Since May 8, 2018, it had 0 buys, and 1 sale for $45,712 activity.

More recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Themiddlemarket.com which released: “Denise Morrison, CEO of active acquirer Campbell Soup, retires abruptly” on May 18, 2018. Also Livetradingnews.com published the news titled: “PepsiCo, Inc. (NASDAQ:PEP) Heffx Technical Review” on April 27, 2018. Themiddlemarket.com‘s news article titled: “Denise Morrison, CEO of active acquirer Campbell, retires abruptly” with publication date: May 18, 2018 was also an interesting one.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, April 12, the company rating was upgraded by Susquehanna. The stock has “Buy” rating by Cowen & Co on Monday, January 8. As per Tuesday, July 11, the company rating was maintained by BMO Capital Markets. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Wednesday, October 7 by UBS. The rating was maintained by Jefferies with “Buy” on Monday, September 18. On Friday, April 28 the stock rating was maintained by Credit Suisse with “Buy”. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Wednesday, September 6 by BMO Capital Markets. The company was maintained on Thursday, October 12 by Stifel Nicolaus. UBS maintained the shares of PEP in report on Friday, July 8 with “Buy” rating. On Thursday, August 27 the stock rating was downgraded by Vetr to “Buy”.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.08, from 0.94 in 2017Q3. It dived, 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. Aspen Mngmt Inc stated it has 0.89% in PepsiCo, Inc. (NASDAQ:PEP). Nordea Investment accumulated 2.04M shares or 0.58% of the stock. Hotchkis And Wiley Mgmt Ltd Liability Com invested in 2.18M shares. Carlson Cap Mngmt, Minnesota-based fund reported 4,880 shares. New England Rech Mgmt has 6,812 shares for 0.58% of their portfolio. Wealth Enhancement Advisory Serv Limited Liability Corporation accumulated 0.21% or 24,924 shares. Greylin Inv Mangement has 27,747 shares. 68,648 were reported by Wallington Asset Mgmt Limited Liability Company. Tnb Financial has invested 0.58% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Regal Invest Ltd Liability Corp has 0.73% invested in PepsiCo, Inc. (NASDAQ:PEP). Scotia Inc accumulated 226,999 shares or 0.36% of the stock. Jolley Asset Mgmt reported 6,565 shares or 0.5% of all its holdings. Welch Ptnrs Limited Company has invested 3.26% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Opus Inv Mgmt has invested 1.24% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). American Money Mngmt Ltd Co reported 2.1% stake.

Indiana Trust & Investment Management Co, which manages about $215.50M US Long portfolio, decreased its stake in Boeing Co Com (NYSE:BA) by 1,201 shares to 5,712 shares, valued at $1.69 million in 2017Q4, according to the filing.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Positions Chart

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