Bislett Management Lowered Its Holding in Pepsico (PEP) as Share Value Rose; Agf Investments Has Boosted Holding in Jpmorgan Chase & Co. (JPM) by $11.68 Million

Agf Investments Inc increased its stake in Jpmorgan Chase & Co. (JPM) by 6.01% based on its latest 2017Q3 regulatory filing with the SEC. Agf Investments Inc bought 122,912 shares as the company’s stock declined 6.04% while stock markets rallied. The institutional investor held 2.17M shares of the major banks company at the end of 2017Q3, valued at $207.09 million, up from 2.05 million at the end of the previous reported quarter. Agf Investments Inc who had been investing in Jpmorgan Chase & Co. for a number of months, seems to be bullish on the $401.94B market cap company. The stock decreased 1.19% or $1.41 during the last trading session, reaching $117.36. About 17.56M shares traded or 10.24% up from the average. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since February 28, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

Bislett Management Llc decreased its stake in Pepsico Inc (PEP) by 7.41% based on its latest 2017Q3 regulatory filing with the SEC. Bislett Management Llc sold 10,000 shares as the company’s stock rose 5.12% with the market. The institutional investor held 125,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $13.93M, down from 135,000 at the end of the previous reported quarter. Bislett Management Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $157.45B market cap company. The stock decreased 0.05% or $0.05 during the last trading session, reaching $110.89. About 6.39 million shares traded or 50.11% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 28, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Investors sentiment increased to 0.94 in 2017 Q3. 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. Cypress Capital Mgmt Ltd Com (Wy) reported 1,218 shares stake. Main Street Research Limited Liability Com, California-based fund reported 3,967 shares. Oregon Public Employees Retirement Fund stated it has 0.61% in PepsiCo, Inc. (NASDAQ:PEP). Ray Gerald L & Ltd invested in 99,889 shares. Amica Pension Fund Board Of Trustees accumulated 51,979 shares. Bancorpsouth invested in 32,893 shares or 0.36% of the stock. Meridian Invest Counsel reported 0.31% in PepsiCo, Inc. (NASDAQ:PEP). Asset Corporation, Georgia-based fund reported 16,779 shares. 3.16M were reported by Clearbridge Llc. 73,793 were reported by Stonebridge Capital Mngmt Inc. Outfitter Advsr owns 22,275 shares for 0.87% of their portfolio. Planning Advsrs stated it has 0.46% in PepsiCo, Inc. (NASDAQ:PEP). Lafleur Godfrey Limited Company stated it has 49,911 shares or 1.46% of all its holdings. Birmingham Management Company Inc Al has 0.18% invested in PepsiCo, Inc. (NASDAQ:PEP) for 4,003 shares. 1,000 were reported by Blackhill Capital.

Since October 10, 2017, it had 0 insider buys, and 1 sale for $2.37 million activity.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Thursday, March 23. BMO Capital Markets has “Buy” rating and $115 target. Nomura upgraded the shares of PEP in report on Monday, November 23 to “Neutral” rating. The stock has “Hold” rating by RBC Capital Markets on Friday, May 26. The rating was upgraded by Societe Generale on Monday, December 12 to “Buy”. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Hold” rating by BMO Capital Markets on Wednesday, September 6. The company was downgraded on Thursday, April 14 by Stifel Nicolaus. The stock has “Hold” rating by Wells Fargo on Thursday, January 4. The company was maintained on Friday, July 8 by Deutsche Bank. Barclays Capital initiated it with “Equal Weight” rating and $102 target in Monday, January 9 report. On Friday, December 22 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on April, 25. They expect $0.94 earnings per share, 0.00% or $0.00 from last year’s $0.94 per share. PEP’s profit will be $1.33 billion for 29.49 P/E if the $0.94 EPS becomes a reality. After $1.31 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -28.24% negative EPS growth.

Agf Investments Inc, which manages about $9.16 billion US Long portfolio, decreased its stake in Primerica Inc. (NYSE:PRI) by 29,222 shares to 682,956 shares, valued at $55.70M in 2017Q3, according to the filing. It also reduced its holding in Nvidia Corp. (NASDAQ:NVDA) by 40,376 shares in the quarter, leaving it with 878,123 shares, and cut its stake in Crh Medical Corp..

Since October 25, 2017, it had 1 insider purchase, and 9 insider sales for $22.34 million activity. Lake Marianne also sold $1.03 million worth of JPMorgan Chase & Co. (NYSE:JPM) shares. Giles Nicole sold $425,399 worth of stock. Shares for $1.84M were sold by BACON ASHLEY. 7,280 shares were bought by CROWN JAMES S, worth $825,327. Shares for $1.91M were sold by Scher Peter. The insider Petno Douglas B sold $5.43M.

The post Bislett Management Lowered Its Holding in Pepsico (PEP) as Share Value Rose; Agf Investments Has Boosted Holding in Jpmorgan Chase & Co. (JPM) by $11.68 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.

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