As Blackstone Group LP (BX) Share Price Declined, Levin Capital Strategies LP Upped by $1.38 Million Its Holding; First American Bank Has Boosted Pepsico Com (PEP) Position

April 26, 2018 - By Nellie Frank

PepsiCo, Inc. (NASDAQ:PEP) Logo

First American Bank increased its stake in Pepsico Inc Com (PEP) by 0.79% based on its latest 2017Q4 regulatory filing with the SEC. First American Bank bought 2,567 shares as the company’s stock declined 9.24% with the market. The institutional investor held 325,831 shares of the consumer non-durables company at the end of 2017Q4, valued at $39.07M, up from 323,264 at the end of the previous reported quarter. First American Bank who had been investing in Pepsico Inc Com for a number of months, seems to be bullish on the $146.87B market cap company. The stock increased 2.29% or $2.32 during the last trading session, reaching $103.47. About 3.29M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 26, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

John A. Levin increased its stake in Blackstone Group LP (BX) by 39.56% based on its latest 2017Q4 regulatory filing with the SEC. Levin Capital Strategies Lp bought 43,055 shares as the company’s stock declined 3.02% with the market. The hedge fund run by John A. Levin held 151,886 shares of the investment managers company at the end of 2017Q4, valued at $4.86M, up from 108,831 at the end of the previous reported quarter. Levin Capital Strategies Lp who had been investing in Blackstone Group LP for a number of months, seems to be bullish on the $37.29 billion market cap company. The stock decreased 0.86% or $0.2735 during the last trading session, reaching $31.3865. About 3.20 million shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 7.37% since April 26, 2017 and is uptrending. It has underperformed by 4.18% 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. The stock has “Buy” rating by Jefferies on Thursday, June 22. The company was maintained on Tuesday, July 11 by BMO Capital Markets. Susquehanna upgraded PepsiCo, Inc. (NASDAQ:PEP) rating on Wednesday, April 12. Susquehanna has “Positive” rating and $132 target. The firm has “Buy” rating by UBS given on Wednesday, October 7. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Overweight” rating given on Tuesday, April 19 by Barclays Capital. Stifel Nicolaus maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Friday, December 22. Stifel Nicolaus has “Hold” rating and $120.0 target. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, October 5. S&P Research maintained the shares of PEP in report on Wednesday, October 7 with “Hold” rating. The firm has “Buy” rating given on Tuesday, August 15 by Jefferies. Jefferies maintained the stock with “Buy” rating in Thursday, July 6 report.

First American Bank, which manages about $1.32 billion US Long portfolio, decreased its stake in Cracker Barrel Old Country Store (NASDAQ:CBRL) by 2,238 shares to 14,794 shares, valued at $2.35 million in 2017Q4, according to the filing. It also reduced its holding in Lockheed Martin Corporation (Prn) by 965,000 shares in the quarter, leaving it with 425,000 shares, and cut its stake in Clearbridge Large Cap Growth.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It worsened, 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. Alps Incorporated has 7,559 shares for 0.01% of their portfolio. Advantus Cap reported 0.43% stake. Apg Asset Mgmt Nv reported 1.23% in PepsiCo, Inc. (NASDAQ:PEP). Exxonmobil Incorporated Tx has invested 0.74% in PepsiCo, Inc. (NASDAQ:PEP). Pacific Glob Mgmt holds 53,411 shares or 1.39% of its portfolio. Moreover, Modera Wealth Mgmt Limited Liability Company has 0.37% invested in PepsiCo, Inc. (NASDAQ:PEP) for 14,233 shares. E&G Limited Partnership has invested 0.37% in PepsiCo, Inc. (NASDAQ:PEP). Callahan Advsrs Limited Liability reported 1.96% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Whittier Com holds 273,475 shares or 1.14% of its portfolio. Miles, a Iowa-based fund reported 10,283 shares. Investec Asset North America accumulated 27,317 shares. Gofen Glossberg Ltd Limited Liability Company Il reported 417,006 shares. Ltd Oh Adv has 0.58% invested in PepsiCo, Inc. (NASDAQ:PEP). Laurel Grove Ltd invested 2.29% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Eagle Asset Mngmt reported 251,411 shares.

Among 19 analysts covering The Blackstone Group L.P. (NYSE:BX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. The Blackstone Group L.P. had 65 analyst reports since August 9, 2015 according to SRatingsIntel. JP Morgan initiated The Blackstone Group L.P. (NYSE:BX) on Monday, November 23 with “Neutral” rating. The stock has “Outperform” rating by RBC Capital Markets on Thursday, October 22. The firm has “Buy” rating by Bank of America given on Friday, October 20. The stock of The Blackstone Group L.P. (NYSE:BX) has “Overweight” rating given on Tuesday, August 11 by Barclays Capital. The stock has “Hold” rating by Deutsche Bank on Friday, March 11. Jefferies maintained it with “Buy” rating and $40 target in Wednesday, October 7 report. As per Tuesday, July 25, the company rating was maintained by Morgan Stanley. The firm has “Hold” rating given on Tuesday, February 6 by J.P. Morgan. Deutsche Bank maintained the stock with “Hold” rating in Friday, July 21 report. Standpoint Research maintained The Blackstone Group L.P. (NYSE:BX) rating on Sunday, August 9. Standpoint Research has “Hold” rating and $48 target.

Levin Capital Strategies Lp, which manages about $8.28B and $5.92B US Long portfolio, decreased its stake in Barrick Gold Corp (NYSE:ABX) by 77,114 shares to 749,924 shares, valued at $10.85M in 2017Q4, according to the filing. It also reduced its holding in Cott Corp Que (NYSE:COT) by 10.73M shares in the quarter, leaving it with 3.22M shares, and cut its stake in Yum China Hldgs Inc.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.24, from 1.24 in 2017Q3. It turned negative, as 59 investors sold BX shares while 154 reduced holdings. 49 funds opened positions while 165 raised stakes. 298.48 million shares or 9.36% more from 272.94 million shares in 2017Q3 were reported. Aviance Partners Lc invested in 32,901 shares. Bb&T Ltd Liability Corporation holds 99,748 shares or 0.04% of its portfolio. Alethea Capital Mgmt Limited Liability has invested 0.66% of its portfolio in The Blackstone Group L.P. (NYSE:BX). Ariel Limited Liability Co has invested 0.35% in The Blackstone Group L.P. (NYSE:BX). Oxbow Advsr Limited Liability Company holds 23,054 shares or 0.14% of its portfolio. Pinebridge Invests LP has invested 0.03% in The Blackstone Group L.P. (NYSE:BX). Kcm Advsr Ltd Limited Liability Company holds 0.03% in The Blackstone Group L.P. (NYSE:BX) or 16,925 shares. Davis R M reported 11,500 shares. First Republic Invest Mngmt holds 218,947 shares or 0.05% of its portfolio. New Jersey Better Educational Savings Tru holds 0.39% in The Blackstone Group L.P. (NYSE:BX) or 12,000 shares. 25,100 were reported by Mycio Wealth Prns Ltd Liability Com. 30,000 were accumulated by Supplemental Annuity Collective Of Nj. Moreover, Gabelli Funds Ltd has 0.01% invested in The Blackstone Group L.P. (NYSE:BX). Macguire Cheswick & Tuttle Inv Counsel has invested 1.26% in The Blackstone Group L.P. (NYSE:BX). 1,795 were accumulated by Benjamin F Edwards &.

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