Amg National Trust Bank Stake in Principal Financial Group (PFG) Decreased by $1.50 Million as Stock Value Declined; Pepsico (PEP) Shareholder Ramsay Stattman Vela & Price Increased Stake by $318,563

May 9, 2018 - By Winifred Garcia

PepsiCo, Inc. (NASDAQ:PEP) Logo

Ramsay Stattman Vela & Price Inc increased its stake in Pepsico Inc. (PEP) by 3.85% based on its latest 2017Q4 regulatory filing with the SEC. Ramsay Stattman Vela & Price Inc bought 2,677 shares as the company’s stock declined 9.24% with the market. The institutional investor held 72,182 shares of the consumer non-durables company at the end of 2017Q4, valued at $8.66M, up from 69,505 at the end of the previous reported quarter. Ramsay Stattman Vela & Price Inc who had been investing in Pepsico Inc. for a number of months, seems to be bullish on the $137.15B market cap company. The stock decreased 0.06% or $0.06 during the last trading session, reaching $96.73. About 799,448 shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 9, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Amg National Trust Bank decreased its stake in Principal Financial Group (PFG) by 23.27% based on its latest 2017Q4 regulatory filing with the SEC. Amg National Trust Bank sold 21,489 shares as the company’s stock declined 17.50% with the market. The institutional investor held 70,857 shares of the accident &health insurance company at the end of 2017Q4, valued at $5.00M, down from 92,346 at the end of the previous reported quarter. Amg National Trust Bank who had been investing in Principal Financial Group for a number of months, seems to be less bullish one the $16.40B market cap company. The stock decreased 0.28% or $0.16 during the last trading session, reaching $57.27. About 238,270 shares traded. Principal Financial Group, Inc. (NYSE:PFG) has declined 5.35% since May 9, 2017 and is downtrending. It has underperformed by 16.90% the S&P500.

Investors sentiment increased to 1.39 in Q4 2017. Its up 0.21, from 1.18 in 2017Q3. It is positive, as 28 investors sold PFG shares while 150 reduced holdings. 75 funds opened positions while 172 raised stakes. 196.66 million shares or 1.15% more from 194.42 million shares in 2017Q3 were reported. Cadence Management Ltd Co holds 0.15% or 33,763 shares in its portfolio. New York-based Jpmorgan Chase And has invested 0.01% in Principal Financial Group, Inc. (NASDAQ:PFG). 88 were reported by Greenleaf Trust. Us Commercial Bank De holds 0.01% or 63,539 shares in its portfolio. Prudential Finance invested 0.1% in Principal Financial Group, Inc. (NASDAQ:PFG). Caisse De Depot Et Placement Du Quebec has invested 0.01% in Principal Financial Group, Inc. (NASDAQ:PFG). Bp Public Limited owns 31,000 shares or 0.08% of their US portfolio. Manchester Cap Ltd owns 960 shares. Victory reported 0.02% in Principal Financial Group, Inc. (NASDAQ:PFG). Northwestern Mutual Wealth has 0% invested in Principal Financial Group, Inc. (NASDAQ:PFG) for 7,021 shares. 8,500 are owned by Prudential Public Ltd Co. 41,190 were accumulated by Metropolitan Life Ins. Employees Retirement System Of Ohio has 115,554 shares. Moreover, Legal And General Pcl has 0.07% invested in Principal Financial Group, Inc. (NASDAQ:PFG) for 1.43 million shares. Patten Grp holds 0% of its portfolio in Principal Financial Group, Inc. (NASDAQ:PFG) for 100 shares.

Another recent and important Principal Financial Group, Inc. (NASDAQ:PFG) news was published by Streetinsider.com which published an article titled: “Principal Financial Group (PFG) Approves New $300M Buyback” on May 07, 2018.

Amg National Trust Bank, which manages about $1.54B US Long portfolio, upped its stake in Weatherford International Plc (NYSE:WFT) by 148,014 shares to 280,647 shares, valued at $1.17M in 2017Q4, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 4,532 shares in the quarter, for a total of 82,586 shares, and has risen its stake in Ishares (PFF).

Since December 14, 2017, it had 0 insider purchases, and 5 selling transactions for $13.31 million activity. $1.77 million worth of Principal Financial Group, Inc. (NASDAQ:PFG) was sold by Valdes Luis E. on Monday, February 26. 24,310 shares were sold by SCHOLTEN GARY P, worth $1.74M on Monday, January 8.

Among 18 analysts covering Principal Financial Group Inc. (NYSE:PFG), 5 have Buy rating, 0 Sell and 13 Hold. Therefore 28% are positive. Principal Financial Group Inc. had 50 analyst reports since August 18, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Wednesday, April 11. Keefe Bruyette & Woods has “Hold” rating and $7200 target. The company was maintained on Friday, November 10 by Keefe Bruyette & Woods. The stock of Principal Financial Group, Inc. (NASDAQ:PFG) has “Equal Weight” rating given on Thursday, November 17 by Barclays Capital. The rating was initiated by Citigroup with “Neutral” on Thursday, January 26. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, January 9. As per Wednesday, June 29, the company rating was downgraded by Bank of America. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 23. Morgan Stanley maintained Principal Financial Group, Inc. (NASDAQ:PFG) rating on Thursday, October 5. Morgan Stanley has “Equal-Weight” rating and $72 target. The rating was maintained by Morgan Stanley on Tuesday, January 30 with “Equal-Weight”. Bruyette & Woods” downgraded the stock to “Mkt Perform” rating in Tuesday, August 18 report.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.08, from 0.94 in 2017Q3. It fall, 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. Highland Capital Management Limited Partnership owns 0.17% invested in PepsiCo, Inc. (NASDAQ:PEP) for 30,000 shares. Markston International Lc reported 1.69% in PepsiCo, Inc. (NASDAQ:PEP). 17,519 were accumulated by Rampart Inv Management Limited Liability Com. Loomis Sayles & Comm Limited Partnership owns 560,249 shares or 0.14% of their US portfolio. Wealthfront, a California-based fund reported 50,472 shares. Blue Chip Prtnrs invested in 0.91% or 25,524 shares. Washington Savings Bank holds 0.26% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 14,942 shares. Roffman Miller Assoc Inc Pa holds 2.68% or 181,093 shares in its portfolio. Td Ltd Liability Company holds 0.28% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 8,572 shares. Thompson Davis Inc has 0.13% invested in PepsiCo, Inc. (NASDAQ:PEP). Wealth Enhancement Advisory Service Limited Liability Corp owns 24,924 shares. Mitchell Sinkler Starr Pa stated it has 12,594 shares. Hrt Fin Llc stated it has 0.31% in PepsiCo, Inc. (NASDAQ:PEP). Carlson LP has 176,861 shares for 0.36% of their portfolio. Ahl Ltd Liability Partnership has 147,696 shares.

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

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