Dnb Asset Management As Has Decreased Pepsico (PEP) Holding; Kcm Investment Advisors Has Decreased Conocophillips (COP) Holding

April 11, 2018 - By Martha Paddon

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Dnb Asset Management As decreased Pepsico Inc (PEP) stake by 0.77% reported in 2017Q4 SEC filing. Dnb Asset Management As sold 1,438 shares as Pepsico Inc (PEP)’s stock declined 9.24%. The Dnb Asset Management As holds 184,874 shares with $22.17B value, down from 186,312 last quarter. Pepsico Inc now has $155.29B valuation. The stock increased 0.02% or $0.02 during the last trading session, reaching $109.4. About 2.23 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 11, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Kcm Investment Advisors Llc decreased Conocophillips (COP) stake by 18.89% reported in 2017Q4 SEC filing. Kcm Investment Advisors Llc sold 17,740 shares as Conocophillips (COP)’s stock rose 6.56%. The Kcm Investment Advisors Llc holds 76,193 shares with $4.18M value, down from 93,933 last quarter. Conocophillips now has $73.01B valuation. The stock increased 2.84% or $1.72 during the last trading session, reaching $62.34. About 11.16 million shares traded or 89.32% up from the average. ConocoPhillips (NYSE:COP) has risen 33.53% since April 11, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Dnb Asset Management As increased Principal Financial Group Inc (NYSE:PFG) stake by 600 shares to 32,814 valued at $2.32 billion in 2017Q4. It also upped Eqt Corp (NYSE:EQT) stake by 6,900 shares and now owns 27,555 shares. Tyson Foods Inc (NYSE:TSN) was raised too.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo has $140.0 highest and $81 lowest target. $116.43’s average target is 6.43% above currents $109.4 stock price. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Nomura upgraded the stock to “Neutral” rating in Monday, November 23 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, October 7 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by BMO Capital Markets on Friday, April 28. Jefferies maintained it with “Buy” rating and $133.0 target in Monday, September 18 report. The firm has “Hold” rating given on Thursday, January 4 by Wells Fargo. The rating was downgraded by Evercore on Wednesday, February 14 to “In-Line”. The rating was maintained by UBS with “Buy” on Friday, July 8. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Sector Perform” rating given on Wednesday, October 7 by RBC Capital Markets. Cowen & Co maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Monday, January 8. Cowen & Co has “Buy” rating and $133.0 target. The firm earned “Buy” rating on Friday, September 30 by Jefferies.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on April, 25. They expect $0.93 earnings per share, down 1.06% or $0.01 from last year’s $0.94 per share. PEP’s profit will be $1.32B for 29.41 P/E if the $0.93 EPS becomes a reality. After $1.31 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -29.01% negative EPS growth.

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. Moreover, Tcw Gru Inc has 1.01% invested in PepsiCo, Inc. (NASDAQ:PEP). Sei Invs reported 0.15% stake. Madison Holding stated it has 186,211 shares or 0.38% of all its holdings. New York-based Roosevelt Grp has invested 0.27% in PepsiCo, Inc. (NASDAQ:PEP). Tarbox Family Office has 0.1% invested in PepsiCo, Inc. (NASDAQ:PEP). Lazard Asset Management Limited Liability, New York-based fund reported 1.23M shares. Impax Asset Mgmt Limited Liability Corporation reported 1.42% in PepsiCo, Inc. (NASDAQ:PEP). Deroy & Devereaux Private Invest Counsel Inc holds 1.62% or 128,329 shares. Princeton Port Strategies Gp Ltd Com invested in 1.48% or 45,147 shares. Fdx holds 44,754 shares. Adirondack Tru reported 23,585 shares stake. Aspen Inv Mgmt holds 0.89% or 10,457 shares. Fort Point Ltd has invested 0.21% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). 39,569 were accumulated by Altfest L J Inc. Bbva Compass Retail Bank stated it has 0.53% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP).

Kcm Investment Advisors Llc increased Electronic Arts Inc (NASDAQ:EA) stake by 4,884 shares to 7,367 valued at $774,000 in 2017Q4. It also upped L3 Technologies Inc stake by 3,960 shares and now owns 9,532 shares. Hoegh Lng Partners 8.75. Qdi was raised too.

Since March 29, 2018, it had 0 insider purchases, and 1 sale for $1.47 million activity. LUNDQUIST ANDREW D had sold 25,000 shares worth $1.47M.

Investors sentiment increased to 0.72 in Q4 2017. Its up 0.09, from 0.63 in 2017Q3. It is positive, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Highstreet Asset Mngmt Inc reported 35,557 shares stake. 4,650 are owned by Wellington Shields And Commerce Limited Liability Com. Rowland And Inv Counsel Adv holds 57,355 shares. Whalerock Point Prns Lc invested in 0.12% or 6,800 shares. Qs Invsts Ltd Limited Liability Company has invested 0.07% in ConocoPhillips (NYSE:COP). 8,784 were accumulated by Benjamin F Edwards &. Cullen Ltd Llc reported 2.16% of its portfolio in ConocoPhillips (NYSE:COP). Rodgers Brothers reported 19,470 shares. Asset Mngmt One Limited owns 1.93 million shares. Sun Life Financial has invested 0.01% in ConocoPhillips (NYSE:COP). Douglass Winthrop Advsr Ltd Liability Co holds 13,752 shares. Meyer Handelman Communications holds 135,107 shares or 0.36% of its portfolio. Yorktown And Com Inc reported 22,000 shares stake. 60,716 were reported by Paloma Management. Efg Asset Management (Americas) has 27,584 shares.

ConocoPhillips (NYSE:COP) Institutional Positions Chart