Acropolis Investment Management Has Increased Pepsico (PEP) Position; 1 Analysts Covering SpartanNash Company (SPTN)

June 29, 2018 - By Martha Paddon

SpartanNash Company (NASDAQ:SPTN) Logo

Acropolis Investment Management Llc increased Pepsico Inc (PEP) stake by 44.46% reported in 2018Q1 SEC filing. Acropolis Investment Management Llc acquired 4,235 shares as Pepsico Inc (PEP)’s stock declined 9.58%. The Acropolis Investment Management Llc holds 13,760 shares with $1.50 million value, up from 9,525 last quarter. Pepsico Inc now has $154.09B valuation. The stock increased 0.38% or $0.41 during the last trading session, reaching $108.68. About 3.41M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 14.65% since June 29, 2017 and is downtrending. It has underperformed by 27.22% the S&P500. Some Historical PEP News: 26/04/2018 – PepsiCo 1Q Organic Revenue Up 2.3%; 25/05/2018 – PepsiCo: Bare Snacks Leadership to Report to Frito-Lay North America; 07/03/2018 – TOPS GROCERY CREDITOR COMMITTEE INCLUDES PEPSICO, UNIONS; 26/04/2018 – PEPSICO- CEO SAYS TEAM IS “MANIACALLY” FOCUSED ON GETTING NAB BUSINESS BACK TO TRACK IN 2H18, AND WILL SEQUENTIALLY IMPROVE EVERY QUARTER; 26/04/2018 – PepsiCo 1Q Europe Sub-Saharan Africa Rev $1.67B; 26/04/2018 – Pepsi executives underlined their commitment to both businesses and intention to keep the two together; 25/05/2018 – PepsiCo said it would buy baked fruit and vegetable snack maker Bare Foods, in a deal that underscores the company’s efforts to strengthen its healthy snack portfolio; 22/03/2018 – Rold Gold Fires Up Pretzels With New Flamin’ Hot Thin Crisps; 26/04/2018 – PepsiCo Sees About $2B Share Repurchases in 2018; 26/04/2018 – PEPSICO INC FY2018 SHR VIEW $5.71, REV VIEW $65.39 BLN — THOMSON REUTERS l/B/E/S

Among 5 analysts covering SpartanNash Co (NASDAQ:SPTN), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. SpartanNash Co has $25.0 highest and $17.0 lowest target. $21.50’s average target is -16.28% below currents $25.68 stock price. SpartanNash Co had 8 analyst reports since January 5, 2018 according to SRatingsIntel. On Thursday, February 22 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Jefferies on Monday, February 26 with “Hold”. On Friday, January 5 the stock rating was downgraded by Northcoast to “Hold”. BMO Capital Markets maintained it with “Outperform” rating and $25 target in Thursday, May 31 report. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, February 22. The company was upgraded on Friday, March 2 by BMO Capital Markets. The stock of SpartanNash Company (NASDAQ:SPTN) has “Equal-Weight” rating given on Thursday, May 31 by Barclays Capital. The stock of SpartanNash Company (NASDAQ:SPTN) has “Hold” rating given on Tuesday, January 23 by BMO Capital Markets. See SpartanNash Company (NASDAQ:SPTN) latest ratings:

31/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $17 New Target: $23 Maintain
31/05/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $23 New Target: $25 Maintain
02/03/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Old Target: $22 Upgrade
26/02/2018 Broker: Jefferies Rating: Hold New Target: $17.0 Maintain
22/02/2018 Broker: BMO Capital Markets Rating: Hold New Target: $25.0 Maintain
22/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $24 New Target: $21 Maintain
23/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $22.0 Maintain
05/01/2018 Broker: Northcoast Rating: Hold Downgrade

Acropolis Investment Management Llc decreased Vanguard Index Fds (VOO) stake by 7,371 shares to 317,796 valued at $76.93M in 2018Q1. It also reduced Ishares Tr (MBB) stake by 3,767 shares and now owns 52,758 shares. Vanguard Tax (VEA) was reduced too.

Among 10 analysts covering PepsiCo (NYSE:PEP), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. PepsiCo has $140.0 highest and $110 lowest target. $121.56’s average target is 11.85% above currents $108.68 stock price. PepsiCo had 10 analyst reports since January 4, 2018 according to SRatingsIntel. The firm has “In-Line” rating given on Wednesday, February 14 by Evercore. Jefferies maintained it with “Hold” rating and $113.0 target in Thursday, January 4 report. The firm earned “Hold” rating on Thursday, February 1 by Credit Suisse. The firm has “Buy” rating given on Monday, February 12 by Susquehanna. Wells Fargo maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Thursday, January 4. Wells Fargo has “Hold” rating and $115.0 target. Goldman Sachs downgraded PepsiCo, Inc. (NASDAQ:PEP) on Tuesday, April 17 to “Sell” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, April 27 report. The stock has “Buy” rating by Cowen & Co on Monday, January 8. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Overweight” rating by JP Morgan on Wednesday, February 14.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “Salty Snacks, Sweeter Returns” on June 25, 2018, also Seekingalpha.com with their article: “Conservative PA: Blue Chip Series – PepsiCo, Inc.” published on June 20, 2018, Seekingalpha.com published: “PepsiCo Seeks Your Consideration” on June 18, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: “Featured Stocks In May’s Dividend Growth Model Portfolio” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “PepsiCo: Dropping To Attractive Valuations” with publication date: June 13, 2018.

Investors sentiment is 0.86 in 2018 Q1. Its the same as in 2017Q4. It is flat, as 67 investors sold PEP shares while 715 reduced holdings. only 119 funds opened positions while 550 raised stakes. 956.07 million shares or 0.28% less from 958.76 million shares in 2017Q4 were reported. Moreover, Baldwin Brothers Ma has 2.04% invested in PepsiCo, Inc. (NASDAQ:PEP). National Bank Of The West has 35,301 shares. Hrt Limited Liability Company holds 0.18% in PepsiCo, Inc. (NASDAQ:PEP) or 3,360 shares. Lpl Ltd reported 485,742 shares. United Services Automobile Association reported 1.02M shares. Mariner Ltd invested 0.24% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Utah Retirement holds 0.62% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 266,326 shares. Cincinnati Co holds 1.24M shares. Compton Ri holds 30,384 shares. Thompson Davis Incorporated invested in 0.13% or 457 shares. Grand Jean Mngmt Incorporated has 81,819 shares. First Allied Advisory Svcs holds 67,522 shares or 0.28% of its portfolio. Geode Management Llc stated it has 17.46 million shares or 0.62% of all its holdings. Ftb has 56,524 shares. Carroll Finance Assocs has 0.27% invested in PepsiCo, Inc. (NASDAQ:PEP) for 22,622 shares.

Since March 1, 2018, it had 1 insider buy, and 5 insider sales for $1.65 million activity. The insider STAPLES DAVID M sold $91,747. Mahoney Kathleen M also sold $265,000 worth of SpartanNash Company (NASDAQ:SPTN) on Friday, June 1. Shamber Mark bought $100,320 worth of SpartanNash Company (NASDAQ:SPTN) on Thursday, March 1. EIDSON DENNIS sold $1.17 million worth of stock or 44,405 shares. Another trade for 6,837 shares valued at $178,172 was sold by VOSS WILLIAM R.

More news for SpartanNash Company (NASDAQ:SPTN) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in Autohome, Clean Harbors, Sunrun, Essendant, SpartanNash, and Rollins …” on June 18, 2018. Fool.com‘s article titled: “Spartan Stores (SPTN) Q1 2018 Earnings Conference Call Transcript” and published on June 03, 2018 is yet another important article.

Investors sentiment decreased to 0.92 in Q1 2018. Its down 0.24, from 1.16 in 2017Q4. It turned negative, as 20 investors sold SpartanNash Company shares while 46 reduced holdings. 22 funds opened positions while 39 raised stakes. 29.41 million shares or 3.61% less from 30.51 million shares in 2017Q4 were reported. State Street holds 0% or 1.12 million shares. Ls Advsrs Ltd Liability Com invested in 1,123 shares or 0% of the stock. First Manhattan Company invested in 0% or 120 shares. Alliancebernstein Limited Partnership has invested 0% in SpartanNash Company (NASDAQ:SPTN). Deutsche Bank Ag stated it has 0% in SpartanNash Company (NASDAQ:SPTN). Wells Fargo And Mn owns 62,071 shares. Blackrock has invested 0% in SpartanNash Company (NASDAQ:SPTN). State Of Alaska Department Of Revenue reported 11,638 shares. Martin And Incorporated Tn has 66,084 shares for 0.38% of their portfolio. Moreover, Vident Invest Advisory Limited Co has 0.04% invested in SpartanNash Company (NASDAQ:SPTN) for 49,655 shares. 84,797 were reported by Commercial Bank Of America De. Advisory Service Ltd Liability Co owns 183 shares for 0% of their portfolio. Us Comml Bank De stated it has 0% in SpartanNash Company (NASDAQ:SPTN). Moreover, Schwab Charles Inv Inc has 0.01% invested in SpartanNash Company (NASDAQ:SPTN) for 547,679 shares. 17,569 were accumulated by Amp Cap Invsts Ltd.

The stock increased 0.31% or $0.08 during the last trading session, reaching $25.68. About 216,167 shares traded. SpartanNash Company (NASDAQ:SPTN) has declined 37.56% since June 29, 2017 and is downtrending. It has underperformed by 50.13% the S&P500. Some Historical SPTN News: 29/05/2018 – SPARTANNASH REAFFIRMS FORECAST FOR YEAR; 24/05/2018 – SPARTANNASH SAYS DOUGLAS HACKER ELECTED LEAD INDEPENDENT DIRECTOR BY BOARD’S INDEPENDENT DIRECTORS, SUCCEEDING TIMOTHY O’DONOVAN; 29/05/2018 – SpartanNash 1Q EPS 34c; 24/05/2018 – SpartanNash Co Names Lead Independent Director; 29/05/2018 – Supermarket Operator SpartanNash Reports Earnings and Revenue Beat — Earnings Review; 24/05/2018 – SpartanNash Company Names Lead Independent Director; 23/04/2018 DJ SpartanNash Company, Inst Holders, 1Q 2018 (SPTN); 29/05/2018 – SPARTANNASH 1Q ADJ EPS CONT OPS 55C, EST. 53C; 16/05/2018 – SpartanNash Closes Above 50-Day Moving Average: Technicals; 24/05/2018 – SpartanNash Announces Results of 2018 Annual Shareholders Meeting

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