Grassi Investment Management Boosted Its Microsoft (MSFT) Position by $1.02 Million; Market Value Declined; Pepsico (PEP) Stock Price Rose While Benin Management Lowered Its Holding by $424,686

PepsiCo, Inc. (NASDAQ:PEP) Logo

Benin Management Corp decreased its stake in Pepsico Inc (PEP) by 3.62% based on its latest 2018Q3 regulatory filing with the SEC. Benin Management Corp sold 3,826 shares as the company’s stock rose 2.31% while stock markets declined. The institutional investor held 101,752 shares of the consumer non-durables company at the end of 2018Q3, valued at $11.38M, down from 105,578 at the end of the previous reported quarter. Benin Management Corp who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $163.35 billion market cap company. The stock increased 0.02% or $0.02 during the last trading session, reaching $115.93. About 3.12 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 19, 2018 and is downtrending. It has underperformed by 0.46% the S&P500.

Grassi Investment Management increased its stake in Microsoft Corp (MSFT) by 5.78% based on its latest 2018Q3 regulatory filing with the SEC. Grassi Investment Management bought 8,988 shares as the company’s stock declined 1.64% with the market. The institutional investor held 164,394 shares of the prepackaged software company at the end of 2018Q3, valued at $18.80M, up from 155,406 at the end of the previous reported quarter. Grassi Investment Management who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $830.82 billion market cap company. The stock increased 0.06% or $0.07 during the last trading session, reaching $108.29. About 9.61M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 30.43% since February 19, 2018 and is uptrending. It has outperformed by 30.43% the S&P500. Some Historical MSFT News: 19/04/2018 – A six-page memo explains Jeff Bezos’s plan to end the era of a Microsoft Office giant; 18/04/2018 – Bottomline Technologies Deploys Offerings On Microsoft’s App; 15/05/2018 – ValueAct Exits Microsoft, Express Scripts as It Adds Sallie Mae; 23/04/2018 – CIOs Focused on Compliance, Says Microsoft Azure Data Chief; 16/05/2018 – Microsoft is preparing to take on Apple’s iPad with a line of $400 tablets that could hit shelves as early as this year; 04/04/2018 – Microsoft Highlights Success With Customers Like Steelcase, Chevron and Johnson Control; 04/04/2018 – Teknor Apex Appoints M. Holland Company as Primary Distributor of Creamid™ and Duramid™; 08/05/2018 – Microsoft Patch Tuesday, May 2018 Edition; 02/05/2018 – Microsoft and Apple are in talks with the United Arab Emirates (UAE) government to lift its ban on Skype and FaceTime, which have been illegal in the Gulf country for years; 14/03/2018 – 21VIANET, MICROSOFT EXTENDING THEIR CHINA CLOUD SERVICES PACT

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Stock Market Today: Investors Buy Into Pepsi’s Plans and NVIDIA’s Rosy Forecast – Nasdaq” on February 15, 2019, also Nasdaq.com with their article: “Weekly Market Preview: Five Stocks To Watch For the Coming Week (ATVI, BIDU, CSCO, NVDA, PEP) – Nasdaq” published on February 10, 2019, Nasdaq.com published: “PepsiCo a Top Ranked SAFE Dividend Stock With 3.2% Yield – Nasdaq” on February 19, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “Pepsico, Inc. (PEP) Ex-Dividend Date Scheduled for December 06, 2018 – Nasdaq” published on December 04, 2018 as well as Nasdaq.com‘s news article titled: “PepsiCo (PEP) Q4 Earnings Meet Estimates – Nasdaq” with publication date: February 15, 2019.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.14, from 1.01 in 2018Q2. It dived, 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. Welch Grp Inc Lc owns 226,597 shares or 2.64% of their US portfolio. Regions Financial holds 1.04% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 865,899 shares. Marshall And Sullivan Inc Wa reported 31,852 shares stake. Saturna Capital Corporation owns 493,905 shares or 1.61% of their US portfolio. Intact Investment Management has 0.37% invested in PepsiCo, Inc. (NASDAQ:PEP) for 92,600 shares. Gideon Capital Advisors holds 9,734 shares or 0.51% of its portfolio. Kelly Lawrence W Inc Ca accumulated 2.76% or 150,188 shares. Fukoku Mutual Life owns 0.08% invested in PepsiCo, Inc. (NASDAQ:PEP) for 5,800 shares. Saybrook Capital Nc accumulated 17,138 shares. 69,700 are held by Dupont Cap Mgmt. Stillwater Management Ltd Company owns 15,682 shares or 0.71% of their US portfolio. Moreover, Nuveen Asset Management has 0.06% invested in PepsiCo, Inc. (NASDAQ:PEP) for 102,565 shares. Moreover, Telemus Cap Limited Liability Company has 0.34% invested in PepsiCo, Inc. (NASDAQ:PEP) for 40,464 shares. Ptnrs Ltd Liability Company owns 81,000 shares. Monarch Cap owns 14,677 shares.

Since October 4, 2018, it had 0 insider purchases, and 4 sales for $22.66 million activity. Khan Mehmood sold $18.53 million worth of PepsiCo, Inc. (NASDAQ:PEP) on Monday, October 22. $1.29M worth of PepsiCo, Inc. (NASDAQ:PEP) was sold by Yawman David. The insider Spanos Mike sold $2.26M.

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. As per Friday, April 28, the company rating was maintained by BMO Capital Markets. The rating was downgraded by Jefferies to “Hold” on Monday, October 2. The stock has “Buy” rating by BMO Capital Markets on Thursday, March 23. The stock has “Hold” rating by Deutsche Bank on Wednesday, October 3. RBC Capital Markets maintained the stock with “Hold” rating in Friday, May 26 report. Stifel Nicolaus maintained it with “Hold” rating and $120.0 target in Friday, December 22 report. The firm has “Buy” rating by Jefferies given on Thursday, July 6. Cowen & Co maintained PepsiCo, Inc. (NASDAQ:PEP) on Monday, January 8 with “Buy” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Friday, April 28 by Credit Suisse. The firm has “Equal Weight” rating by Barclays Capital given on Monday, January 9.

Benin Management Corp, which manages about $278.88 million and $249.43M US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 2,683 shares to 36,400 shares, valued at $8.22M in 2018Q3, according to the filing.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Nasdaq.com which released: “Noteworthy ETF Outflows: IWV, MSFT, AAPL, V – Nasdaq” on January 28, 2019, also Seekingalpha.com with their article: “Microsoft launching cross-platform Xbox Live SDK – Seeking Alpha” published on February 04, 2019, Nasdaq.com published: “Technology Sector Update for 02/11/2019: RGSE,DPW, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” on February 11, 2019. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Nasdaq.com and their article: “Dow 30 Stock Roundup: MCD, BA, 3M, MSFT, PFE, V Earnings Impress – Nasdaq” published on February 01, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 02/12/2019: VRNS, MIME, SHOP, MSFT, AAPL, CSCO, IBM, GOOG – Nasdaq” with publication date: February 12, 2019.

Since August 31, 2018, it had 0 insider buys, and 11 selling transactions for $82.43 million activity. Capossela Christopher C sold $422,000 worth of stock. Another trade for 2,000 shares valued at $214,363 was made by BROD FRANK H on Monday, November 5. Shares for $13.09M were sold by Hood Amy. On Thursday, November 8 the insider Hogan Kathleen T sold $4.06 million.

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

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