Pepsico (PEP) Shareholder Gardner Russo & Gardner Has Lowered Its Stake by $445,940; Quantbot Technologies LP Increased Public Storage (PSA) Position by $1.13 Million

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Gardner Russo & Gardner Llc decreased its stake in Pepsico Inc (PEP) by 12.68% based on its latest 2018Q4 regulatory filing with the SEC. Gardner Russo & Gardner Llc sold 4,054 shares as the company’s stock declined 1.97% while stock markets rallied. The hedge fund held 27,921 shares of the consumer non-durables company at the end of 2018Q4, valued at $3.09M, down from 31,975 at the end of the previous reported quarter. Gardner Russo & Gardner Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $177.50B market cap company. The stock increased 3.26% or $3.99 during the last trading session, reaching $126.4. About 4.25M 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: 06/03/2018 – Painting The World Blue: Pepsi® Loves And Lives Football With Global 2018 Campaign; 04/05/2018 – PEPSICO INC – SHAREHOLDERS APPROVED, ON AN ADVISORY BASIS, PEPSICO’S EXECUTIVE COMPENSATION; 26/04/2018 – PepsiCo 1Q North America Beverages Rev $4.42B; 26/04/2018 – PEPSICO- CEO SAYS ISSUES ARE IN NORTH AMERICAN BEVERAGES ONLY, PERFORMING WELL IN BEVERAGES INTERNATIONALLY; 26/04/2018 – PepsiCo Bond Trading 16x Average; Clients Net Buyers; 13/03/2018 – City Colleges of Chicago and PepsiCo Partner to Offer Students a Pathway to Careers in Transportation, Distribution and Manufacturing; 30/04/2018 – Gatorade Launches “Everything Changes” Global Football Campaign Featuring Football Superstars Lionel Messi, Luis Suárez, And; 26/04/2018 – PEPSICO SEES 2018 CORE SHR $5.70; 26/04/2018 – PepsiCo Sees Forex Having Neutral Impact on 2018 Revenue, EPS; 26/04/2018 – Pepsi tops estimates, promises more investments in N. America

Quantbot Technologies Lp increased its stake in Public Storage (PSA) by 103.9% based on its latest 2018Q4 regulatory filing with the SEC. Quantbot Technologies Lp bought 5,588 shares as the company’s stock rose 0.94% with the market. The hedge fund held 10,966 shares of the real estate investment trusts company at the end of 2018Q4, valued at $2.22 million, up from 5,378 at the end of the previous reported quarter. Quantbot Technologies Lp who had been investing in Public Storage for a number of months, seems to be bullish on the $37.93 billion market cap company. The stock decreased 0.08% or $0.18 during the last trading session, reaching $217.26. About 286,347 shares traded. Public Storage (NYSE:PSA) has risen 8.28% since April 17, 2018 and is uptrending. It has outperformed by 3.91% the S&P500. Some Historical PSA News: 25/04/2018 – Public Storage Announces Management Changes; 25/04/2018 – Public Storage 1Q EPS $1.65; 25/04/2018 – PUBLIC STORAGE 1Q REV. $669.9M, EST. $665.4M; 30/05/2018 – Public Storage Says Affilate Shurgard Self Storage Europe Considering IPO; 25/04/2018 – Public Storage 1Q Rev $669.9M; 25/04/2018 – PUBLIC STORAGE REPORTS RESULTS FOR 1Q ENDED MARCH 31, 2018; 11/04/2018 – Self-Storage: Self-Storage REIT Public Storage Rebuilds in Spring Lake Park, MN; 25/04/2018 – PUBLIC STORAGE 1Q SAME-STORE RENTAL INCOME $525.2M; 07/05/2018 – PUBLIC STORAGE PSA.N : BARCLAYS RAISES TARGET PRICE TO $205 FROM $203; 30/05/2018 – Public Storage’s Affiliate, Shurgard Self Storage Europe S.a.r.l., is Considering an Initial Public Offering

Investors sentiment increased to 0.94 in Q4 2018. 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. New Jersey Better Educational Savings Tru accumulated 4,000 shares. Heritage Investors Mgmt owns 162,306 shares. Winch Advisory Svcs Limited Liability Company has 421 shares. Paradigm Capital Mgmt Inc New York invested 0.78% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Iowa-based Security Comml Bank Of Sioux City Iowa Ia has invested 1.82% in PepsiCo, Inc. (NASDAQ:PEP). Royal Bank Of Canada accumulated 6.06 million shares. Waters Parkerson And Comm Ltd Co invested in 2.21% or 206,840 shares. South State holds 0.99% or 77,199 shares in its portfolio. Allstate Corp, a Illinois-based fund reported 96,851 shares. Natixis Advsr Ltd Partnership invested in 189,317 shares or 0.21% of the stock. Transamerica Advisors Inc reported 6,834 shares. Moreover, D L Carlson Invest Group has 0.17% invested in PepsiCo, Inc. (NASDAQ:PEP) for 4,720 shares. Ledyard Financial Bank owns 62,536 shares for 0.91% of their portfolio. Halbert Hargrove Russell Lc invested 0.07% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Rock Point Advsr Ltd Liability Corp invested in 0.31% or 5,517 shares.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Streetinsider.com which released: “PepsiCo (PEP) to Recommend Shareholders Reject Unsolicited Offer by TRC Capital Corp. – StreetInsider.com” on April 10, 2019, also Seekingalpha.com with their article: “Do The Numbers Justify Nasdaq 8,000? – Seeking Alpha” published on April 17, 2019, Nasdaq.com published: “Pre-Market Earnings Report for April 17, 2019 : PEP, ABT, ASML, USB, MS, BK, ERIC, TXT, KSU, SBNY, PNR, POL – Nasdaq” on April 16, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “PepsiCo (PEP) Q1 Earnings & Sales Beat Estimates, Stock Up – Nasdaq” published on April 17, 2019 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: PepsiCo, Inc., 33.3% Follow-Through Indicator, 1.3% Sensitive – Nasdaq” with publication date: April 17, 2019.

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 34.35 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.

Gardner Russo & Gardner Llc, which manages about $10.72 billion and $12.05 billion US Long portfolio, upped its stake in Alphabet Inc Cl C by 35,219 shares to 92,570 shares, valued at $95.87 million in 2018Q4, according to the filing.

Since October 22, 2018, it had 0 buys, and 2 selling transactions for $20.79 million activity. Khan Mehmood sold $18.53M worth of stock.

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