<div id="readability-page-1"><p>Norinchukin Bank The boosted its position in shares of  PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,443 shares of the company's stock after acquiring an additional 4,929 shares during the period. Norinchukin Bank The's holdings in PepsiCo were worth $11,016,000 at the end of the most recent quarter.</p><ul><li>3 Safe Dividend Stocks as Investors Seek to Reset Diversification</li></ul><p>Other institutional investors have also made changes to their positions in the company. WealthTrak Capital Management LLC bought a new stake in shares of  PepsiCo in the fourth quarter valued at approximately $28,000.  Collier Financial bought a new position in shares of  PepsiCo during the 4th quarter worth about $28,000.  Creative Capital Management Investments LLC acquired a new stake in  PepsiCo during the fourth quarter worth about $30,000.  Prudent Man Investment Management Inc. bought a new stake in shares of  PepsiCo in the 4th quarter worth approximately $30,000.  Finally, Summit Securities Group LLC acquired a new position in shares of  PepsiCo in the fourth quarter valued at $33,000. 73.07% of the stock is currently owned by institutional investors. </p><h2>PepsiCo Stock Up 2.0 %</h2><p>NASDAQ:PEP opened at $142.84 on Friday. The stock has a market cap of $195.88 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.09 and a beta of 0.49. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05. The stock has a 50-day moving average price of $148.16 and a two-hundred day moving average price of $154.94. PepsiCo, Inc. has a 1 year low of $138.33 and a 1 year high of $183.41. </p><ul><li>Coca-Cola Stock Looks Refreshing After the Relief Rally </li></ul><p>PepsiCo (NASDAQ:PEP - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.94 by $0.02. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business had revenue of $27.78 billion during the quarter, compared to analysts' expectations of $27.89 billion. During the same period in the prior year, the business earned $1.78 EPS. PepsiCo's revenue for the quarter was down .2% compared to the same quarter last year.  As a group, equities analysts expect that  PepsiCo, Inc. will post 8.3 earnings per share for the current year. </p><h2>PepsiCo Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were paid a $1.355 dividend. This represents a $5.42 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date  was Friday, March 7th. PepsiCo's payout ratio is presently 77.99%. </p><h2>Analyst Ratings Changes</h2><ul><li>Celsius Heats Up: Acquisition, Analyst Upgrade Fuel Momentum</li></ul><p>A number of research firms have recently commented on PEP. UBS Group reduced their price objective on shares of PepsiCo from $193.00 to $175.00 and set a &#34;buy&#34; rating for the company in a report on Thursday, January 16th. Piper Sandler started coverage on PepsiCo in a research note on Tuesday, January 7th. They issued an &#34;overweight&#34; rating and a $171.00 price target on the stock. JPMorgan Chase &amp; Co. reduced their target price on shares of PepsiCo from $183.00 to $165.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday, January 24th. Barclays cut shares of PepsiCo from an &#34;overweight&#34; rating to an &#34;equal weight&#34; rating and decreased their price objective for the stock from $168.00 to $156.00 in a research note on Tuesday, March 18th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on PepsiCo from $184.00 to $178.00 and set a &#34;buy&#34; rating for the company in a research report on Wednesday, January 22nd. One investment analyst  has rated the stock with a sell rating, fourteen have given a hold rating and five have assigned  a buy rating to the company. According to MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and an average price target of $168.12.</p><p><b>Get Our Latest Report on PepsiCo</b></p><h2>PepsiCo Company Profile</h2> (Free Report)<p>PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than PepsiCo</li><li>Market Cap Calculator: How to Calculate Market Cap</li><li>J.B. Hunt Transport Overcorrects Into a Buying Opportunity</li><li>Trading Stocks: RSI and Why it's Useful</li><li>AppLovin: Can Record Profits Overcome Market Skepticism?</li><li>The Most Important Warren Buffett Stock for Investors: His Own</li><li>MarketBeat Week in Review – 04/14 - 04/18</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PepsiCo Right Now?</h2><p>Before you consider PepsiCo, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PepsiCo wasn't on the list.</p><p>While PepsiCo currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Norinchukin Bank increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 7.3% in Q4, now holding 72,443 shares valued at $11.02 million. Other institutional investors also acquired stakes in PepsiCo during the same period. PepsiCo's stock opened at $142.84, with a market cap of $195.88 billion. The company reported $1.96 EPS for the last quarter, exceeding estimates, and announced a quarterly dividend of $1.355. Analysts have mixed ratings on the stock, with an average target price of $168.12.</p>

Norinchukin Bank The Has $11.02 Million Stock Holdings in PepsiCo, Inc. (NASDAQ:PEP)