Pepsico (PEP) Stock Value Declined While Blue Chip Partners Increased Position; As Bhp Billiton LTD Sp Adr (BHP) Shares Declined, Bluestein R H & Company Raised Position by $1.12 Million

April 21, 2018 - By Hazel Jackson

PepsiCo, Inc. (NASDAQ:PEP) Logo

Bluestein R H & Company increased its stake in Bhp Billiton Ltd Sp Adr (BHP) by 166.5% based on its latest 2017Q4 regulatory filing with the SEC. Bluestein R H & Company bought 24,975 shares as the company’s stock declined 2.00% with the market. The hedge fund held 39,975 shares of the precious metals company at the end of 2017Q4, valued at $1.84 million, up from 15,000 at the end of the previous reported quarter. Bluestein R H & Company who had been investing in Bhp Billiton Ltd Sp Adr for a number of months, seems to be bullish on the $124.44B market cap company. The stock decreased 0.10% or $0.05 during the last trading session, reaching $47.7. About 2.71M shares traded. BHP Billiton Limited (NYSE:BHP) has risen 23.08% since April 21, 2017 and is uptrending. It has outperformed by 11.53% the S&P500.

Blue Chip Partners Inc increased its stake in Pepsico Inc (PEP) by 11.19% based on its latest 2017Q4 regulatory filing with the SEC. Blue Chip Partners Inc bought 2,569 shares as the company’s stock declined 9.24% with the market. The hedge fund held 25,524 shares of the consumer non-durables company at the end of 2017Q4, valued at $3.06 million, up from 22,955 at the end of the previous reported quarter. Blue Chip Partners Inc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $145.47 billion market cap company. The stock decreased 2.93% or $3.09 during the last trading session, reaching $102.48. About 7.64 million shares traded or 65.73% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 21, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Investors sentiment decreased to 0.86 in Q4 2017. 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. 21,467 are held by Addison. Cornerstone Capital has invested 3.33% in PepsiCo, Inc. (NASDAQ:PEP). First Western Cap Management Co reported 38,734 shares. Jefferies Group Ltd Limited Liability Company invested in 0% or 1,870 shares. Somerville Kurt F reported 1.43% in PepsiCo, Inc. (NASDAQ:PEP). Ferguson Wellman Capital Mngmt Incorporated accumulated 1.27% or 307,024 shares. Northpointe Capital Limited Liability Company reported 17,496 shares or 0.24% of all its holdings. Raymond James And Assocs reported 0.48% stake. Independent reported 22,450 shares. Loomis Sayles & Com Limited Partnership, Massachusetts-based fund reported 560,249 shares. Oklahoma-based Bokf Na has invested 0.66% in PepsiCo, Inc. (NASDAQ:PEP). Horan Mgmt accumulated 1.02% or 42,723 shares. Saturna Cap accumulated 1.82% or 495,655 shares. Sumitomo Life reported 0.72% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Meyer Handelman invested in 315,612 shares or 1.81% of the stock.

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. The company was upgraded on Wednesday, April 12 by Susquehanna. Cowen & Co maintained the shares of PEP in report on Tuesday, July 11 with “Buy” rating. On Tuesday, April 19 the stock rating was maintained by Goldman Sachs with “Neutral”. Credit Suisse downgraded the stock to “Neutral” rating in Friday, September 8 report. Stifel Nicolaus downgraded the shares of PEP in report on Thursday, April 14 to “Hold” rating. Jefferies maintained the shares of PEP in report on Thursday, June 22 with “Buy” rating. The rating was maintained by UBS on Wednesday, October 7 with “Buy”. The stock has “Equal Weight” rating by Barclays Capital on Monday, January 9. JP Morgan initiated the shares of PEP in report on Tuesday, March 21 with “Overweight” rating. On Friday, March 24 the stock rating was maintained by RBC Capital Markets with “Hold”.

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