As Pepsico (PEP) Stock Rose, Benin Management Has Trimmed Stake; Parsec Financial Management Holding in United Parcel Service Cl B (UPS) Boosted by $542,996 as Valuation Declined

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 $161.56 billion market cap company. The stock decreased 0.82% or $0.96 during the last trading session, reaching $115.01. About 1.87M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 27, 2018 and is downtrending. It has underperformed by 0.46% the S&P500.

Parsec Financial Management Inc increased its stake in United Parcel Service Inc Cl B (UPS) by 4.52% based on its latest 2018Q3 regulatory filing with the SEC. Parsec Financial Management Inc bought 4,681 shares as the company’s stock declined 16.04% with the market. The institutional investor held 108,337 shares of the transportation company at the end of 2018Q3, valued at $12.65M, up from 103,656 at the end of the previous reported quarter. Parsec Financial Management Inc who had been investing in United Parcel Service Inc Cl B for a number of months, seems to be bullish on the $95.29 billion market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $111.03. About 880,058 shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 12.80% since February 27, 2018 and is downtrending. It has underperformed by 12.80% the S&P500. Some Historical UPS News: 23/05/2018 – OROCOBRE UPS CAUCHARI RESOURCE EST. TO 3M TONS LITHUM CARBONATE; 26/04/2018 – UPS: DOESN’T SEE CONTINUING TO FUND PENSION AT RECENT PACE; 15/05/2018 – The Information: To Bypass UPS, Amazon Mimics Uber Tactics; 09/05/2018 – SOLAREDGE ENTERS UPS MKT W/ PACT TO BUY GAMATRONIC, A UPS TECH; 04/05/2018 – Mackenzie Ivy Global Balanced Cuts UPS, Buys More Oracle; 26/04/2018 – UPS – QTRLY REVENUE OF $17,113 MLN VS $15,510 MLN; 12/03/2018 – Online Language Learning: Global Market Report (2017-2021) Forecast to Grow at a CAGR of 18.97% – Rise in Online Language Learning Start-Ups is Driving the Market – ResearchAndMarkets.com; 22/05/2018 – ARTERIA SA ARRP.WA – INVESTCAMP SP. Z O.O. UPS ITS STAKE IN CO TO 16.55 PCT FROM 11.61 PCT; 28/05/2018 – COLLECTION HOUSE UPS FY18 PDL GUIDANCE TO A$80M-A$84M; 13/03/2018 – Donald Trump and Rex Tillerson: Timeline of Their Ups and Downs

Since February 13, 2019, it had 1 buy, and 1 sale for $996,353 activity. $16,731 worth of United Parcel Service, Inc. (NYSE:UPS) was bought by Cesarone Nando.

Parsec Financial Management Inc, which manages about $1.56 billion and $1.58 billion US Long portfolio, decreased its stake in Comcast Corp Cl A (NASDAQ:CMCSA) by 17,830 shares to 304,886 shares, valued at $10.80M in 2018Q3, according to the filing. It also reduced its holding in Schwab Us Large (SCHX) by 7,874 shares in the quarter, leaving it with 242,696 shares, and cut its stake in Vanguard Total Stock Market Et (VTI).

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Nasdaq.com which released: “UPS Ready to Help Love Bloom Worldwide on Valentine’s Day – Nasdaq” on February 11, 2019, also Seekingalpha.com with their article: “Walmart tops comparable sales view, ups dividend – Seeking Alpha” published on February 19, 2019, Globenewswire.com published: “UPS Board Increases Quarterly Dividend NYSE:UPS – GlobeNewswire” on February 15, 2019. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Fool.com and their article: “Is Warren Buffett Right to Be Holding UPS? – Motley Fool” published on January 02, 2019 as well as Globenewswire.com‘s news article titled: “UPS Expands In-Building Package Delivery Using Latch Smart Access Devices – GlobeNewswire” with publication date: January 22, 2019.

Investors sentiment is 0.98 in 2018 Q3. Its the same as in 2018Q2. It is the same, as 47 investors sold UPS shares while 430 reduced holdings. only 108 funds opened positions while 360 raised stakes. 447.82 million shares or 0.61% less from 450.56 million shares in 2018Q2 were reported. California State Teachers Retirement Sys owns 0.25% invested in United Parcel Service, Inc. (NYSE:UPS) for 1.12M shares. Union Bankshares reported 19,618 shares or 0.69% of all its holdings. The California-based Checchi Cap Advisers Ltd Liability Co has invested 0.1% in United Parcel Service, Inc. (NYSE:UPS). Summit Fincl Wealth Limited Com holds 47,266 shares. St Germain D J stated it has 0.02% in United Parcel Service, Inc. (NYSE:UPS). Cypress Group Incorporated has invested 0.17% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Benjamin F Edwards invested 0.25% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Employees Retirement Sys Of Texas invested in 76,300 shares. Moreover, Addison Cap has 1.35% invested in United Parcel Service, Inc. (NYSE:UPS) for 15,478 shares. 2.31M are owned by Manchester Capital Mngmt Limited Co. Congress Asset Management Ma invested 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Logan Cap, a Pennsylvania-based fund reported 7,865 shares. Strategic Wealth Advisors Gp Limited Liability Corporation holds 0.24% or 16,443 shares. Us Savings Bank De holds 0.14% or 402,621 shares in its portfolio. Jensen Invest Management holds 2.28% or 1.57 million shares.

Benin Management Corp, which manages about $278.88 million and $249.43 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 34,825 shares to 211,923 shares, valued at $61.61 million in 2018Q3, according to the filing.

Investors sentiment decreased to 0.87 in 2018 Q3. Its down 0.14, from 1.01 in 2018Q2. It worsened, 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. Edgewood Mngmt Lc holds 29,678 shares. Thompson Davis stated it has 467 shares or 0.11% of all its holdings. White Pine Limited Liability Co owns 19,743 shares. Nelson Roberts Invest Ltd invested 0.05% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Westover Cap Advsrs Limited Liability, a Delaware-based fund reported 1,933 shares. Tokio Marine Asset Limited owns 19,533 shares. Peddock Cap Ltd Liability Corp owns 1,400 shares. Bradley Foster Sargent Ct holds 1.77% or 465,528 shares. Roof Eidam & Maycock Adv reported 6,093 shares stake. Moreover, Mutual Of Omaha Bancorporation Wealth Mgmt has 0.22% invested in PepsiCo, Inc. (NASDAQ:PEP) for 7,135 shares. Jpmorgan Chase Com invested 0.44% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Zeke Advisors Ltd owns 16,081 shares or 0.15% of their US portfolio. Cibc has 0.64% invested in PepsiCo, Inc. (NASDAQ:PEP). Fiduciary Fincl Services Of The Southwest Tx invested in 1.01% or 32,445 shares. Sterling Capital Management Lc owns 954,587 shares.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Pepsi Earnings: What to Watch – Nasdaq” on February 11, 2019, also Nasdaq.com with their article: “PepsiCo (PEP) 4th Quarter Earnings: What to Expect – Nasdaq” published on February 14, 2019, published: “Why Macquarie Prefers Pepsi (NASDAQ:PEP) Over Coca-Cola (NYSE:KO) – Benzinga” on February 19, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “Mixed Bag: Econ Data & Q4 Earnings: PEP, DE, AXL – Nasdaq” published on February 15, 2019 as well as Nasdaq.com‘s news article titled: “PepsiCo (PEP) Q4 Earnings Meet Estimates – Nasdaq” with publication date: February 15, 2019.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.