Hrt Financial Raised Its Pepsico (PEP) Holding by $1.21 Million; As South Jersey Ind (SJI) Market Value Rose, Reaves W H & Company Decreased Position by $568,684

Reaves W H & Company Inc decreased its stake in South Jersey Ind (SJI) by 8.48% based on its latest 2017Q3 regulatory filing with the SEC. Reaves W H & Company Inc sold 16,726 shares as the company’s stock rose 5.23% with the market. The institutional investor held 180,625 shares of the public utilities company at the end of 2017Q3, valued at $6.24 million, down from 197,351 at the end of the previous reported quarter. Reaves W H & Company Inc who had been investing in South Jersey Ind for a number of months, seems to be less bullish one the $2.32B market cap company. The stock increased 0.27% or $0.08 during the last trading session, reaching $29.23. About 303,820 shares traded. South Jersey Industries, Inc. (NYSE:SJI) has risen 23.64% since January 31, 2017 and is uptrending. It has outperformed by 6.94% the S&P500.

Hrt Financial Llc increased its stake in Pepsico Inc (PEP) by 426.48% based on its latest 2017Q3 regulatory filing with the SEC. Hrt Financial Llc bought 10,918 shares as the company’s stock rose 5.12% with the market. The institutional investor held 13,478 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.50 million, up from 2,560 at the end of the previous reported quarter. Hrt Financial Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $170.50B market cap company. The stock increased 0.18% or $0.22 during the last trading session, reaching $119.89. About 4.95M shares traded or 34.58% up from the average. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 31, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.10, from 1.34 in 2017Q2. It worsened, as 14 investors sold SJI shares while 52 reduced holdings. 16 funds opened positions while 66 raised stakes. 54.81 million shares or 0.93% more from 54.30 million shares in 2017Q2 were reported. Smithfield Com owns 0% invested in South Jersey Industries, Inc. (NYSE:SJI) for 850 shares. Susquehanna Int Gp Llp holds 41,363 shares. First Mercantile Tru Company accumulated 3,090 shares or 0.02% of the stock. California State Teachers Retirement Systems holds 127,894 shares or 0.01% of its portfolio. United Kingdom-based Gsa Prtn Llp has invested 0.02% in South Jersey Industries, Inc. (NYSE:SJI). Cutter Brokerage Inc accumulated 79,125 shares. Texas Permanent School Fund holds 0.03% or 58,021 shares in its portfolio. Guggenheim Cap Ltd Limited Liability Company holds 0.02% of its portfolio in South Jersey Industries, Inc. (NYSE:SJI) for 218,139 shares. M&R Capital Mngmt Inc holds 0% in South Jersey Industries, Inc. (NYSE:SJI) or 300 shares. Vanguard, Pennsylvania-based fund reported 7.78M shares. Thrivent Fincl For Lutherans accumulated 0.01% or 48,420 shares. Parkside Finance State Bank And Tru invested in 240 shares. 2.43M are owned by Fmr. Deutsche Commercial Bank Ag has invested 0% in South Jersey Industries, Inc. (NYSE:SJI). Amp Capital Investors Limited owns 21,876 shares or 0% of their US portfolio.

Analysts await South Jersey Industries, Inc. (NYSE:SJI) to report earnings on February, 22. They expect $0.41 earnings per share, down 2.38% or $0.01 from last year’s $0.42 per share. SJI’s profit will be $32.53 million for 17.82 P/E if the $0.41 EPS becomes a reality. After $-0.05 actual earnings per share reported by South Jersey Industries, Inc. for the previous quarter, Wall Street now forecasts -920.00% EPS growth.

Reaves W H & Company Inc, which manages about $3.03 billion and $2.76 billion US Long portfolio, upped its stake in Transcanada Corp (NYSE:TRP) by 9,727 shares to 700,382 shares, valued at $34.62 million in 2017Q3, according to the filing. It also increased its holding in Bp Plc Spons Adr (NYSE:BP) by 21,500 shares in the quarter, for a total of 91,500 shares, and has risen its stake in Dominion Res Va New Com (NYSE:D).

Among 7 analysts covering South Jersey Industries (NYSE:SJI), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. South Jersey Industries has $40 highest and $30 lowest target. $34.43’s average target is 17.79% above currents $29.23 stock price. South Jersey Industries had 26 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of South Jersey Industries, Inc. (NYSE:SJI) earned “Equal-Weight” rating by Morgan Stanley on Monday, November 13. The rating was downgraded by Williams Capital Group to “Hold” on Monday, September 18. Morgan Stanley initiated South Jersey Industries, Inc. (NYSE:SJI) on Thursday, September 8 with “Equal-Weight” rating. As per Monday, January 22, the company rating was downgraded by Hilliard Lyons. The rating was maintained by JP Morgan on Thursday, October 12 with “Neutral”. As per Tuesday, June 14, the company rating was initiated by JP Morgan. The company was downgraded on Friday, November 6 by Hilliard Lyons. Morgan Stanley maintained it with “Equal-Weight” rating and $37 target in Wednesday, December 13 report. The firm has “Neutral” rating by Hilliard Lyons given on Wednesday, December 9. Williams Capital Group downgraded South Jersey Industries, Inc. (NYSE:SJI) on Wednesday, November 23 to “Hold” rating.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It is positive, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Raymond James Fincl Service Advisors owns 0.54% invested in Pepsico, Inc. (NASDAQ:PEP) for 761,390 shares. Valmark Advisers Incorporated has 2,373 shares for 0.01% of their portfolio. Thompson Investment has invested 0.7% in Pepsico, Inc. (NASDAQ:PEP). Ontario Teachers Pension Plan Board invested in 89,602 shares. Stratos Wealth Partners Ltd stated it has 77,129 shares or 0.41% of all its holdings. Strategic Serv Inc invested 0.67% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Iowa Bank & Trust invested 2.39% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Wellington Mngmt Group Inc Llp reported 28.89M shares stake. Roosevelt Investment invested in 24,009 shares. Convergence Inv Ptnrs Limited Liability Corporation has 2,821 shares. Ngam Advsr Lp owns 271,366 shares. Hexavest Inc accumulated 4,985 shares. Ogorek Anthony Joseph Ny Adv has invested 0.04% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Wilkins Inv Counsel Incorporated reported 2.15% stake. Chickasaw Capital Ltd Liability Com holds 0.02% in Pepsico, Inc. (NASDAQ:PEP) or 8,140 shares.

Since August 7, 2017, it had 0 buys, and 2 sales for $7.21 million activity. The insider Gallagher Marie T. sold $4.84 million.

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