Murphy Capital Management Decreased Pepsico (PEP) Holding by $396,270 as Stock Value Rose; Conocophillips (COP) Stock Declined While Highland Capital Management Trimmed Its Stake

PepsiCo, Inc. (NASDAQ:PEP) Logo

Highland Capital Management Llc decreased its stake in Conocophillips (COP) by 5.4% based on its latest 2018Q3 regulatory filing with the SEC. Highland Capital Management Llc sold 8,091 shares as the company’s stock declined 8.36% with the market. The institutional investor held 141,696 shares of the integrated oil company at the end of 2018Q3, valued at $10.97M, down from 149,787 at the end of the previous reported quarter. Highland Capital Management Llc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $76.04 billion market cap company. The stock increased 0.81% or $0.53 during the last trading session, reaching $66.79. About 2.98M shares traded. ConocoPhillips (NYSE:COP) has risen 29.01% since February 11, 2018 and is uptrending. It has outperformed by 29.01% the S&P500. Some Historical COP News: 06/03/2018 – EAST TIMOR, AUSTRALIA AGREEMENT INCLUDES CONCEPT FOR DEVELOPING GREATER SUNRISE GAS FIELD IN TIMOR SEA; 16/03/2018 – EIN ConocoPhillips: Cenovus seeks partner for C$1.3 bln Narrows Lake project; 15/05/2018 – CONOCOPHILLIPS COP.N CEO SAYS ‘CONCERNED’ ABOUT PUTTING CARIBBEAN NATIONS IN THE MIDDLE OF ITS DISPUTE WITH PDVSA PDVSA.UL; 26/04/2018 – ConocoPhillips Tops Profit Estimates — MarketWatch; 14/03/2018 – ConocoPhillips Announces Cash Tender Offer For up to $400 Million of Debt Securities; 11/04/2018 – ConocoPhillips to cut 450 UK jobs on Southern North Sea production halt; 16/04/2018 – ConocoPhillips Announces Successful Results of 2018 Winter Exploration and Appraisal Program in Alaska; 25/04/2018 – ConocoPhillips Wins $2 Billion Ruling Against Venezuelan Oil Company; 07/05/2018 – ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA; 06/03/2018 – CERAWEEK-U.S. shale and OPEC share steak in uneasy truce at Houston dinner

Murphy Capital Management Inc decreased its stake in Pepsico (PEP) by 6.46% based on its latest 2018Q3 regulatory filing with the SEC. Murphy Capital Management Inc sold 3,570 shares as the company’s stock rose 2.31% while stock markets declined. The institutional investor held 51,680 shares of the consumer non-durables company at the end of 2018Q3, valued at $5.78M, down from 55,250 at the end of the previous reported quarter. Murphy Capital Management Inc who had been investing in Pepsico for a number of months, seems to be less bullish one the $159.32 billion market cap company. The stock decreased 0.13% or $0.15 during the last trading session, reaching $112.86. About 2.53M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 11, 2018 and is downtrending. It has underperformed by 0.46% the S&P500. Some Historical PEP News: 25/05/2018 – PepsiCo: Bare Snacks Leadership to Report to Frito-Lay North America; 26/04/2018 – PepsiCo 1Q Frito-Lay North America Rev $3.62B; 25/05/2018 – PepsiCo gobbles up fruit and veggie chip maker Bare Snacks; 09/04/2018 – MEDIA-India’s ITC to tweak advertisement disparaging PepsiCo brand Tropicana – Mint; 10/05/2018 – Pepsi® Generations Summer Campaign Celebrates the Brand’s Rich Music History; Features Michael Jackson, Ray Charles and Britney Spears on Retro Cans; 23/03/2018 – VARUN BEVERAGES LTD – CONCLUDED ACQUISITION OF PEPSICO INDIA’S PREVIOUSLY FRANCHISED SUB TERRITORY IN JHARKHAND, MANUFACTURING UNIT AT JAMSHEDPUR; 26/04/2018 – PEPSICO QTRLY SHR $0.94; QTRLY CORE SHR $0.96; QTRLY NET REV $12.56 BLN, UP 4 PCT; 11/05/2018 – MOODY’S DOWNGRADES DR PEPPER SNAPPLE RATINGS TO BAA2; ASSIGNS RATINGS TO FUND KEURIG DR PEPPER TRANSACTION; 26/04/2018 – Pepsi revenue tops as developing markets make up for weak N. America; 21/03/2018 – IBM Watson, Mastercard, Walmart, CBS and PepsiCo Executives to Speak at the ARF’s CONSUMERxSClENCE

Highland Capital Management Llc, which manages about $1.26 billion and $1.39 billion US Long portfolio, upped its stake in Williams (NYSE:WSM) by 7,736 shares to 19,122 shares, valued at $1.26M in 2018Q3, according to the filing. It also increased its holding in Texas Instruments Inc (NASDAQ:TXN) by 4,753 shares in the quarter, for a total of 21,627 shares, and has risen its stake in Pulte Corp (NYSE:PHM).

Investors sentiment increased to 0.94 in Q3 2018. Its up 0.07, from 0.87 in 2018Q2. It increased, as 45 investors sold COP shares while 469 reduced holdings. 120 funds opened positions while 361 raised stakes. 789.31 million shares or 1.47% less from 801.11 million shares in 2018Q2 were reported. Loomis Sayles & Ltd Partnership reported 0% of its portfolio in ConocoPhillips (NYSE:COP). Wedgewood Investors Pa reported 8,989 shares. Qci Asset Mgmt New York reported 0.03% stake. Nelson Roberts Investment Advsrs Ltd Liability accumulated 1,304 shares or 0.02% of the stock. Moreover, Marshwinds Advisory Co has 1.83% invested in ConocoPhillips (NYSE:COP) for 51,873 shares. Orleans Capital Mgmt Corp La holds 26,500 shares. Barrett Asset Mgmt Limited Com holds 0.3% or 59,965 shares in its portfolio. 3,613 were reported by Hilltop. Zwj Counsel Inc invested 0.02% of its portfolio in ConocoPhillips (NYSE:COP). Waratah Capital Advsr Limited holds 0.11% or 13,860 shares in its portfolio. Cadinha & Ltd Com has invested 0.08% in ConocoPhillips (NYSE:COP). Rodgers Brothers Incorporated has 0.34% invested in ConocoPhillips (NYSE:COP) for 15,192 shares. Howe Rusling owns 2,359 shares or 0.03% of their US portfolio. Foundry Prtn Lc holds 0.29% or 98,837 shares. 21,492 are owned by Rampart Management Lc.

More notable recent ConocoPhillips (NYSE:COP) news were published by: Investorplace.com which released: “7 Fundamentally Sound Dividend Stocks to Buy – Investorplace.com” on February 08, 2019, also Seekingalpha.com with their article: “ConocoPhillips 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on January 31, 2019, Investorplace.com published: “ConocoPhillips Stock Is a Growth and Income Double-Whammy – Investorplace.com” on February 01, 2019. More interesting news about ConocoPhillips (NYSE:COP) were released by: and their article: “ConocoPhillips (NYSE:COP) – ConocoPhillips Q4 Earnings Preview – Benzinga” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “ConocoPhillips: A Buy? – Seeking Alpha” with publication date: February 01, 2019.

Since August 22, 2018, it had 0 buys, and 4 sales for $20.77 million activity. The insider Schwarz Glenda Mae sold 18,882 shares worth $1.34 million. Shares for $3.62M were sold by KELLY JANET LANGFORD on Wednesday, August 22. $11.54M worth of ConocoPhillips (NYSE:COP) shares were sold by Lance Ryan Michael.

Among 28 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 10 Hold. Therefore 61% are positive. ConocoPhillips had 120 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Hold” rating by Societe Generale on Thursday, February 4. Barclays Capital maintained ConocoPhillips (NYSE:COP) rating on Friday, October 27. Barclays Capital has “Overweight” rating and $59 target. On Friday, October 27 the stock rating was maintained by Wells Fargo with “Outperform”. Citigroup maintained the stock with “Buy” rating in Friday, February 9 report. The firm has “Underperform” rating given on Tuesday, November 15 by CLSA. Jefferies upgraded ConocoPhillips (NYSE:COP) on Wednesday, September 7 to “Hold” rating. Bank of America upgraded it to “Buy” rating and $85 target in Monday, October 29 report. The firm has “Overweight” rating given on Tuesday, November 20 by Morgan Stanley. The rating was maintained by RBC Capital Markets on Friday, July 14 with “Buy”. The stock of ConocoPhillips (NYSE:COP) earned “Buy” rating by Piper Jaffray on Sunday, April 22.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on February, 15 before the open. They expect $1.49 EPS, up 13.74% or $0.18 from last year’s $1.31 per share. PEP’s profit will be $2.10B for 18.94 P/E if the $1.49 EPS becomes a reality. After $1.59 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -6.29% negative EPS growth.

Murphy Capital Management Inc, which manages about $765.25M and $720.70 million US Long portfolio, upped its stake in Facebook Inc Cl A (NASDAQ:FB) by 7,091 shares to 71,934 shares, valued at $11.83 million in 2018Q3, according to the filing. It also increased its holding in Oracle (NYSE:ORCL) by 54,867 shares in the quarter, for a total of 73,341 shares, and has risen its stake in Vanguard Intl Eqty Idx Allwrld (VEU).

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.14, from 1.01 in 2018Q2. It turned negative, as 43 investors sold PEP shares while 682 reduced holdings. 129 funds opened positions while 502 raised stakes. 952.72 million shares or 0.70% less from 959.39 million shares in 2018Q2 were reported. Baldwin Brothers Inc Ma has 1.96% invested in PepsiCo, Inc. (NASDAQ:PEP) for 125,481 shares. Partnervest Advisory Svcs Ltd Liability Corporation stated it has 29,577 shares. Counselors Incorporated holds 1.25% or 254,642 shares in its portfolio. Nexus Invest Mngmt has 0.1% invested in PepsiCo, Inc. (NASDAQ:PEP). Transamerica Financial has 0.17% invested in PepsiCo, Inc. (NASDAQ:PEP) for 7,169 shares. Kemper Corp Master Retirement Trust has 19,850 shares. Prudential Public Limited accumulated 1.84 million shares. Crestwood Advisors Gp Ltd Limited Liability Company has invested 1.38% in PepsiCo, Inc. (NASDAQ:PEP). Maryland-based Horan has invested 0.76% in PepsiCo, Inc. (NASDAQ:PEP). Eagleclaw Capital Managment Limited Liability Corporation reported 0.35% in PepsiCo, Inc. (NASDAQ:PEP). Shell Asset Mngmt Company invested in 316,338 shares. Evergreen Capital Lc invested in 0.23% or 23,397 shares. Renaissance Investment Gp Ltd Limited Liability Company reported 2.13% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Chem Bank reported 71,024 shares. 174,379 were reported by Hartford Investment.

Among 24 analysts covering PepsiCo (NYSE:PEP), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. PepsiCo had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Monday, October 2 by Jefferies. The rating was maintained by Wells Fargo with “Hold” on Thursday, January 4. The company was maintained on Wednesday, October 7 by Stifel Nicolaus. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Overweight” rating given on Tuesday, April 19 by JP Morgan. The rating was maintained by Goldman Sachs on Tuesday, April 19 with “Neutral”. Stifel Nicolaus maintained the shares of PEP in report on Thursday, October 12 with “Hold” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Neutral” rating by Citigroup on Wednesday, October 3. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 5 report. The firm has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The company was initiated on Tuesday, March 21 by JP Morgan.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Cannabis-Infused Drinks Are a Slow Burn for NBEV Stock – Nasdaq” on January 17, 2019, also Globenewswire.com with their article: “PepsiCo (Nasdaq: PEP) to Ring The Nasdaq Stock Market Closing Bell Remotely from Atlanta to Celebrate Super Bowl LIII and the Pepsi Super Bowl LIII Halftime Show – GlobeNewswire” published on January 31, 2019, Nasdaq.com published: “3 Soft Drinks Stocks With Potential to Beat Earnings in Q4 – Nasdaq” on January 29, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “PepsiCo a Top Socially Responsible Dividend Stock With 3.5% Yield (PEP) – Nasdaq” published on January 15, 2019 as well as Bizjournals.com‘s news article titled: “Buffalo Rock files lawsuit against PepsiCo – Birmingham Business Journal” with publication date: January 15, 2019.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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