Pepsico (PEP) Stock Value Declined While Pax World Management Has Lowered by $1.65 Million Its Holding; Jackson Wealth Management Holding in Microsoft (MSFT) Has Trimmed by $685,400

June 18, 2018 - By Ellis Scott

PepsiCo, Inc. (NASDAQ:PEP) Logo

Jackson Wealth Management Llc decreased its stake in Microsoft Corp (MSFT) by 6.91% based on its latest 2018Q1 regulatory filing with the SEC. Jackson Wealth Management Llc sold 7,450 shares as the company’s stock rose 3.08% while stock markets declined. The institutional investor held 100,432 shares of the prepackaged software company at the end of 2018Q1, valued at $9.27 million, down from 107,882 at the end of the previous reported quarter. Jackson Wealth Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $769.32B market cap company. The stock decreased 1.27% or $1.29 during the last trading session, reaching $100.13. About 37.25M shares traded or 26.19% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 18, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: 18/04/2018 – Balfour Beatty’s 10 Top-Valued Projects Driven by Needs for Energy Services, Infrastructure, an Industrial Info News Alert; 26/04/2018 – MICROSOFT – QTRLY REVENUE IN INTELLIGENT CLOUD WAS $7.9 BLN AND INCREASED 17%; 18/04/2018 – SA lgnite Customers Achieve High MIPS Scores Using lgniteMlPS Solution; 29/05/2018 – 10Fold Wins the Business Intelligence Group’s 2018 Best Places to Work Award; 12/04/2018 – StartMonday updates its CareerChain release plans; 26/04/2018 – Microsoft 3Q Net $7.42B; 15/05/2018 – Pymnts.com: Microsoft Forms Cloud Accounting Startup To Rival Xero; 17/05/2018 – Disabled Gamers Get a New Controller From Microsoft; 25/04/2018 – Unitrends Launches Aggressively Priced VM Backup Solution Dedicated to VMware Administrators; 26/04/2018 – MICROSOFT CEO SAYS OFFICE 365 COMMERCIAL NOW HAS MORE THAN 135 MLN MONTHLY ACTIVE USERS, OFFICE 365 CONSUMER SUBSCRIBERS ROSE TO 30.6 MLN, CONF CALL

Pax World Management Llc decreased its stake in Pepsico Inc (PEP) by 7.32% based on its latest 2018Q1 regulatory filing with the SEC. Pax World Management Llc sold 15,110 shares as the company’s stock declined 9.58% with the market. The institutional investor held 191,170 shares of the consumer non-durables company at the end of 2018Q1, valued at $20.87 million, down from 206,280 at the end of the previous reported quarter. Pax World Management Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $152.58 billion market cap company. The stock increased 2.36% or $2.48 during the last trading session, reaching $107.61. About 6.93 million shares traded or 34.64% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 14.65% since June 18, 2017 and is downtrending. It has underperformed by 27.22% the S&P500. Some Historical PEP News: 25/05/2018 – PepsiCo: Bare Snacks Deal Will Expand Company’s Snacking Portfolio; 16/03/2018 – PepsiCo CEO Indra K. Nooyi 2017 Total Compensation Valued at $31.1M; 26/04/2018 – PepsiCo 1Q Asia, Middle East and North Africa Rev Up 7%; 26/04/2018 – PEPSICO CEO: WILL SUBSTANTIALLY SUPPORT PEPSI CAMPAIGN IN ’18; 25/05/2018 – PEPSICO INC – BARE SNACKS WILL CONTINUE TO OPERATE INDEPENDENTLY FROM ITS HEADQUARTERS IN SAN FRANCISCO; 26/04/2018 – PEPSICO CEO: NAB RESULTS HAVE NOT LIVED UP IN LAST 3 QUARTERS; 17/04/2018 – Goldman Sachs upgrades Coca-Cola, downgrades Pepsi; 26/04/2018 – Pepsi said it plans to increase marketing spending on Pepsi drinks in the US to regain momentum; 09/04/2018 – MEDIA-India’s ITC to tweak advertisement disparaging PepsiCo brand Tropicana – Mint; 20/04/2018 – DJ PepsiCo Inc, Inst Holders, 1Q 2018 (PEP)

Since February 16, 2018, it had 1 insider buy, and 4 insider sales for $1.39 million activity. Shares for $550,606 were bought by PETERSON SANDRA E.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “Nvidia: The Rally Might Just Be Getting Started” on June 17, 2018, also Nasdaq.com with their article: “What’s Moving Dropbox Inc Stock Thursday?” published on June 14, 2018, Seekingalpha.com published: “Can Cloud-Based Growth Sustain Microsoft Going Forward?” on June 04, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Thestreet.com and their article: “Why Microsoft Is Ratcheting Up Its Hardware and Chip Ambitions” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft: An Easy One For Shareholders” with publication date: June 12, 2018.

Jackson Wealth Management Llc, which manages about $318.34M and $358.02M US Long portfolio, upped its stake in Powershares Qqq Trust (QQQ) by 2,145 shares to 74,429 shares, valued at $11.89 million in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (CSJ) by 3,602 shares in the quarter, for a total of 62,102 shares, and has risen its stake in Mastercard Incorporated (NYSE:MA).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30B for 23.18 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. UBS maintained the stock with “Buy” rating in Friday, January 19 report. On Tuesday, February 6 the stock rating was maintained by Argus Research with “Buy”. As per Friday, October 27, the company rating was maintained by Citigroup. UBS maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 23 with “Buy” rating. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Cowen & Co on Friday, July 21. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by UBS on Wednesday, June 13. The rating was maintained by RBC Capital Markets on Thursday, February 1 with “Buy”. Barclays Capital maintained it with “Overweight” rating and $100 target in Thursday, January 25 report. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Thursday, April 19 by UBS. Wunderlich maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, January 29 with “Hold” rating.

Investors sentiment decreased to 0.74 in 2018 Q1. Its down 0.03, from 0.77 in 2017Q4. It worsened, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. Moreover, One Capital Mngmt Limited Company has 0.97% invested in Microsoft Corporation (NASDAQ:MSFT) for 54,107 shares. Wallington Asset Mngmt Ltd Company has invested 4.24% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Goldman Sachs Group has 53.66M shares for 1.25% of their portfolio. Richard Bernstein Advisors Limited Com stated it has 0.97% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Regions, a Alabama-based fund reported 1.47M shares. Cap Advsrs Limited Limited Co invested in 0.28% or 9,312 shares. Beese Fulmer Investment Management has invested 2.45% in Microsoft Corporation (NASDAQ:MSFT). 170,586 were reported by Telemus Cap Ltd. Stillwater Ltd Liability Company owns 7,135 shares. Eagleclaw Capital Managment Limited Company has invested 1.38% in Microsoft Corporation (NASDAQ:MSFT). Numerixs Technology reported 0.9% in Microsoft Corporation (NASDAQ:MSFT). 3.32 million are owned by Ashmore Wealth Mgmt Ltd Liability Corp. California State Teachers Retirement Systems invested in 2.52% or 12.87 million shares. Atika Ltd Llc reported 115,000 shares or 3.6% of all its holdings. Old Dominion Cap Mngmt Inc stated it has 0.76% in Microsoft Corporation (NASDAQ:MSFT).

Investors sentiment is 0.86 in 2018 Q1. Its the same as in 2017Q4. It has no change, as 67 investors sold PEP shares while 715 reduced holdings. only 119 funds opened positions while 550 raised stakes. 956.07 million shares or 0.28% less from 958.76 million shares in 2017Q4 were reported. The Massachusetts-based Cubic Asset Mngmt Limited Liability Com has invested 0.12% in PepsiCo, Inc. (NASDAQ:PEP). Millennium Lc stated it has 0.21% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Boulegeris Investments Inc owns 109,175 shares. Moreover, Hightower Advisors Ltd Liability has 0.58% invested in PepsiCo, Inc. (NASDAQ:PEP). Spears Abacus Advsr Ltd Co has 0.25% invested in PepsiCo, Inc. (NASDAQ:PEP) for 17,709 shares. California State Teachers Retirement System owns 2.49 million shares for 0.58% of their portfolio. Vident Investment Advisory Limited has 0.06% invested in PepsiCo, Inc. (NASDAQ:PEP) for 12,550 shares. Kessler Investment Grp Ltd Liability Corporation reported 1.2% in PepsiCo, Inc. (NASDAQ:PEP). Salient Tru Company Lta has 170,472 shares for 2.29% of their portfolio. Saturna Capital has invested 1.72% in PepsiCo, Inc. (NASDAQ:PEP). Woodstock Corp owns 2.2% invested in PepsiCo, Inc. (NASDAQ:PEP) for 106,775 shares. Schroder Inv Mgmt Group reported 1.79 million shares. Payden And Rygel invested 0.18% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Legacy Private Trust Co reported 3,215 shares. The New York-based Ibm Retirement Fund has invested 0.64% in PepsiCo, Inc. (NASDAQ:PEP).

Pax World Management Llc, which manages about $3.21B and $1.73 billion US Long portfolio, upped its stake in Ingredion Inc (NYSE:INGR) by 5,443 shares to 8,889 shares, valued at $1.15 million in 2018Q1, according to the filing. It also increased its holding in Wesco Intl Inc (NYSE:WCC) by 55,000 shares in the quarter, for a total of 325,753 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Like Dividends? I Bet You’ll Love These 3 Stocks” on June 04, 2018, also Livetradingnews.com with their article: “PepsiCo, Inc. (NASDAQ:PEP) Heffx Trading Review” published on May 29, 2018, Bizjournals.com published: “PepsiCo buys SF-based Bare Foods as food giants shop Bay Area for innovation” on May 25, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Fool.com and their article: “PepsiCo Bares Its Intentions With Its Latest Health Food Acquisition” published on June 12, 2018 as well as Nasdaq.com‘s news article titled: “New Research: Key Drivers of Growth for CBIZ, Range Resources, Pepsico, Kirby, Moog, and American Water Works …” with publication date: June 11, 2018.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on July, 10. They expect $1.52 EPS, up 1.33% or $0.02 from last year’s $1.5 per share. PEP’s profit will be $2.16B for 17.70 P/E if the $1.52 EPS becomes a reality. After $0.96 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts 58.33% EPS growth.

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. The firm has “Hold” rating given on Tuesday, August 1 by RBC Capital Markets. As per Thursday, April 14, the company rating was downgraded by Stifel Nicolaus. RBC Capital Markets maintained the shares of PEP in report on Wednesday, October 7 with “Sector Perform” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The rating was maintained by Cowen & Co on Thursday, August 10 with “Buy”. The company was upgraded on Monday, November 23 by Nomura. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Thursday, June 22 by Jefferies. Credit Suisse initiated PepsiCo, Inc. (NASDAQ:PEP) on Friday, September 16 with “Outperform” rating. The rating was downgraded by Vetr on Thursday, August 27 to “Buy”. RBC Capital Markets maintained the shares of PEP in report on Tuesday, September 5 with “Hold” rating.

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

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