Holder Taconic Capital Advisors LP Has Lifted Conagra Brands (Call) (CAG) Stake; Beacon Financial Group Has Cut Pepsico (PEP) Position by $28.40 Million

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Taconic Capital Advisors Lp increased its stake in Conagra Brands Inc (Call) (CAG) by 41.61% based on its latest 2018Q4 regulatory filing with the SEC. Taconic Capital Advisors Lp bought 117,530 shares as the company’s stock declined 28.55% while stock markets rallied. The hedge fund held 400,000 shares of the consumer non-durables company at the end of 2018Q4, valued at $8.54 million, up from 282,470 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Conagra Brands Inc (Call) for a number of months, seems to be bullish on the $14.64 billion market cap company. The stock increased 0.10% or $0.03 during the last trading session, reaching $30.12. About 2.32 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has declined 36.35% since April 17, 2018 and is downtrending. It has underperformed by 40.72% the S&P500. Some Historical CAG News: 24/05/2018 – Conagra Brands Announces Appointment Of Anil Arora To Its Board Of Directors; 22/03/2018 – Conagra Brands Sees FY18 Organic Net Sales Growth Near High End of Range of -2% to Flat; 05/03/2018 – FTC CHALLENGES PURCHASE OF CONAGRA’S WESSON COOKING OIL BRAND; 20/03/2018 – Conagra Brands Inc expected to post earnings of 56 cents a share – summary; 23/03/2018 – CONAGRA BRANDS INC CAG.N : RBC RAISES TARGET PRICE TO $46 FROM $45; 05/03/2018 – CONAGRA SAYS IT DISAGREES WITH FTC OBJECTION TO SALE OF WESSON OIL BRAND TO J.M. SMUCKER AND IS CONSIDERING ALL OPTIONS; 22/03/2018 – Conagra Brands, Inc. 3Q Adj EPS 61c; 17/05/2018 – Zoe CBD officially launches affiliate program; 22/03/2018 – RPT-CONAGRA BRANDS INC QTRLY ADJUSTED DILUTED EPS FROM CONTINUING OPERATIONS GREW 27.1% TO $0.61; 22/03/2018 – Conagra Brands, Inc. Sees FY Adj EPS $2.03-Adj EPS $2.05

Beacon Financial Group decreased its stake in Pepsico Inc (PEP) by 95.79% based on its latest 2018Q4 regulatory filing with the SEC. Beacon Financial Group sold 258,220 shares as the company’s stock declined 1.97% while stock markets rallied. The institutional investor held 11,337 shares of the consumer non-durables company at the end of 2018Q4, valued at $1.25 million, down from 269,557 at the end of the previous reported quarter. Beacon Financial Group who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $177.35B market cap company. The stock increased 3.17% or $3.88 during the last trading session, reaching $126.29. About 4.00 million shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 7.45% since April 17, 2018 and is uptrending. It has outperformed by 3.08% the S&P500. Some Historical PEP News: 26/04/2018 – PepsiCo Sees Forex Having Neutral Impact on 2018 Revenue, EPS; 25/05/2018 – PEPSICO ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE BARE SNACKS; 23/04/2018 – Pepsi Announces Art of Football Streetwear Capsule Collection; 26/04/2018 – PepsiCo 1Q North America Beverages Rev $4.42B; 26/04/2018 – PepsiCo 1Q Organic Revenue Up 2.3%; 17/05/2018 – The Malcolm Jenkins Foundation, PepsiCo, and Feed the Children Unite to Defeat Hunger at Get Ready Fest™: Helping Feed Camden; 25/05/2018 – Pepsi Acquires Healthy-snack Maker Bare Foods — MarketWatch; 10/05/2018 – Pepsi® Generations Summer Campaign Celebrates the Brand’s Rich Music History; Features Michael Jackson, Ray Charles and Britne; 01/05/2018 – Correct: PepsiCo Raises Quarter Dividend to 92.75c Vs. 80.5c; 16/04/2018 – PEPSI-COLA PRODUCTS PHILIPPINES DECLARES 0.044 PESO DIVIDEND

More notable recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Finance.Yahoo.com which released: “Billionaire George Soros Added These Dividend Stocks to His Portfolio – Yahoo Finance” on April 15, 2019, also Benzinga.com with their article: “Earnings Scheduled For March 21, 2019 – Benzinga” published on March 21, 2019, Seekingalpha.com published: “Conagra Stock Still Has Room To Run – Seeking Alpha” on April 04, 2019. More interesting news about Conagra Brands, Inc. (NYSE:CAG) were released by: Seekingalpha.com and their article: “Food sector on watch after strong General Mills quarter – Seeking Alpha” published on March 20, 2019 as well as Streetinsider.com‘s news article titled: “Pre-Open Stock Movers 03/21: (GIII) (PTE) (CAG) Higher; (BIIB) (LQDA) (GES) Lower (more…) – StreetInsider.com” with publication date: March 21, 2019.

Investors sentiment increased to 1.37 in Q4 2018. Its up 0.38, from 0.99 in 2018Q3. It is positive, as 86 investors sold CAG shares while 138 reduced holdings. 106 funds opened positions while 200 raised stakes. 396.33 million shares or 21.00% more from 327.55 million shares in 2018Q3 were reported. Franklin holds 0% or 16,212 shares. Valley Advisers Inc has 0% invested in Conagra Brands, Inc. (NYSE:CAG). Neuberger Berman Gru Ltd Liability Corporation holds 5.70 million shares. Clark Capital Mgmt Group stated it has 25,318 shares. Moreover, Pitcairn has 0.04% invested in Conagra Brands, Inc. (NYSE:CAG) for 17,732 shares. State Of Wisconsin Board holds 1.13M shares or 0.08% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 0.09% or 35,132 shares in its portfolio. Monetary Mgmt Group Inc holds 0.03% or 3,000 shares in its portfolio. First Manhattan holds 2,946 shares or 0% of its portfolio. Riverhead Capital Limited has invested 0.15% in Conagra Brands, Inc. (NYSE:CAG). Federated Invsts Incorporated Pa reported 42,737 shares or 0% of all its holdings. Aperio Grp Incorporated Ltd reported 203,740 shares or 0.02% of all its holdings. Stevens Cap Management Lp has 0.07% invested in Conagra Brands, Inc. (NYSE:CAG). Hennessy Advsr, a California-based fund reported 76,300 shares. Quantbot Limited Partnership, New York-based fund reported 287,201 shares.

Taconic Capital Advisors Lp, which manages about $11.01 billion and $1.01 billion US Long portfolio, decreased its stake in Spdr S&P 500 Etf Tr (Call) (SPY) by 750,000 shares to 200,000 shares, valued at $49.98M in 2018Q4, according to the filing. It also reduced its holding in Nii Hldgs Inc by 2.20 million shares in the quarter, leaving it with 100,000 shares, and cut its stake in T Mobile Us Inc (NYSE:TMUS).

Beacon Financial Group, which manages about $533.19M US Long portfolio, upped its stake in Ishares (IWF) by 2,520 shares to 8,031 shares, valued at $1.04 million in 2018Q4, according to the filing. It also increased its holding in Vanguard High Dividend Yield (VYM) by 34,146 shares in the quarter, for a total of 129,977 shares, and has risen its stake in First Trust Pfd Sec And Income (FPE).

Since October 22, 2018, it had 0 buys, and 2 sales for $20.79 million activity. Spanos Mike also sold $2.26 million worth of PepsiCo, Inc. (NASDAQ:PEP) on Wednesday, October 31.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on April, 25. They expect $0.92 EPS, down 4.17% or $0.04 from last year’s $0.96 per share. PEP’s profit will be $1.29B for 34.32 P/E if the $0.92 EPS becomes a reality. After $1.49 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -38.26% negative EPS growth.

Investors sentiment increased to 0.94 in 2018 Q4. Its up 0.07, from 0.87 in 2018Q3. It is positive, as 57 investors sold PEP shares while 656 reduced holdings. 142 funds opened positions while 525 raised stakes. 1.00 billion shares or 5.04% more from 952.72 million shares in 2018Q3 were reported. Ledyard Bank & Trust stated it has 62,536 shares or 0.91% of all its holdings. Wealth Enhancement Advisory Services Lc reported 9,656 shares. Reilly Fincl Advsrs Llc has invested 1.48% in PepsiCo, Inc. (NASDAQ:PEP). Cypress Gru reported 0.77% in PepsiCo, Inc. (NASDAQ:PEP). Washington-based Brighton Jones Ltd Liability Company has invested 0.22% in PepsiCo, Inc. (NASDAQ:PEP). Buckhead Mgmt Limited Company invested in 53,112 shares. Pension Serv holds 0.59% in PepsiCo, Inc. (NASDAQ:PEP) or 1.28 million shares. Spinnaker Tru has 41,674 shares for 0.52% of their portfolio. Loeb Partners Corporation has 1.84% invested in PepsiCo, Inc. (NASDAQ:PEP). Commercial Bank Of Ny Mellon Corporation reported 19.76 million shares. Karpus Mgmt invested in 0.01% or 2,600 shares. Gam Ag has invested 0.73% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Wheatland invested in 20,947 shares. Foyston Gordon Payne accumulated 187,168 shares or 4.17% of the stock. Rathbone Brothers Public Ltd Co holds 0.3% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 71,796 shares.

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