As Pepsico (PEP) Shares Declined, Hengehold Capital Management Has Lifted Holding by $1.86 Million; Tootsie Roll Inds Com (TR) Holder Reik & Co Cut Its Position as Stock Value Rose

PepsiCo, Inc. (NASDAQ:PEP) Logo

Reik & Co decreased its stake in Tootsie Roll Inds Inc Com (TR) by 14.68% based on its latest 2018Q4 regulatory filing with the SEC. Reik & Co sold 51,960 shares as the company’s stock rose 6.06% with the market. The institutional investor held 301,988 shares of the consumer non-durables company at the end of 2018Q4, valued at $10.09M, down from 353,948 at the end of the previous reported quarter. Reik & Co who had been investing in Tootsie Roll Inds Inc Com for a number of months, seems to be less bullish one the $2.40 billion market cap company. The stock increased 0.36% or $0.14 during the last trading session, reaching $38.61. About 10,437 shares traded. Tootsie Roll Industries, Inc. (NYSE:TR) has risen 15.78% since April 15, 2018 and is uptrending. It has outperformed by 11.41% the S&P500. Some Historical TR News: 26/03/2018 – Downgrading our view further on $TR Tootsie Roll; cocoa prices up; 24/04/2018 – Tootsie Roll Industries 1Q EPS 13c; 23/05/2018 – New Research Coverage Highlights BlackRock Capital Investment, Tootsie Roll Industries, Catalyst Biosciences, Macerich, Quotien; 20/04/2018 – DJ Tootsie Roll Industries Inc, Inst Holders, 1Q 2018 (TR); 24/04/2018 – Tootsie Roll Industries: 1Q Results Benefited From Favorable Forex, Lower U.S. Tax Rate; 29/03/2018 – $TR Tootsie Roll proxy just filed and proved us right; they care little about shareholders. Another record year of mgmt compensation, use of the personal jet, and perks. #shareholderabuse; 25/04/2018 – $TR Tootsie Roll reported a horrible quarter, worst Q1 sales and earnings results in recent history. Still see much downside here, continues to be our favorite slow bleed short #bearish #negative; 27/04/2018 – Interesting to see Hershey $HSY downgraded this morning. It’s all about margin pressures. No way that $TR Tootsie Roll has any competitive advantage in managing costs better; 08/03/2018 Just finished reviewing $TR and its 10-K, we’re increasingly #bearish. Adj earnings fell to a 5yr low. Share count revisions result in magically shrinking 5yr EPS CAGR down to abysmal 1.3%; 25/04/2018 – TOOTSIE ROLL INDUSTRIES INC QTRLY NET EARNINGS PER SHARE $0.13

Hengehold Capital Management Llc increased its stake in Pepsico Inc (PEP) by 493.69% based on its latest 2018Q4 regulatory filing with the SEC. Hengehold Capital Management Llc bought 16,889 shares as the company’s stock declined 1.97% while stock markets rallied. The institutional investor held 20,310 shares of the consumer non-durables company at the end of 2018Q4, valued at $2.24M, up from 3,421 at the end of the previous reported quarter. Hengehold Capital Management Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $172.32B market cap company. The stock increased 0.39% or $0.48 during the last trading session, reaching $122.71. About 499,017 shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 7.45% since April 15, 2018 and is uptrending. It has outperformed by 3.08% the S&P500.

Hengehold Capital Management Llc, which manages about $470.50M and $311.28 million US Long portfolio, decreased its stake in Ford Mtr Co Del (NYSE:F) by 55,759 shares to 182,095 shares, valued at $1.39 million in 2018Q4, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 16,291 shares in the quarter, leaving it with 269,911 shares, and cut its stake in Schwab Strategic Tr (SCHG).

Since October 16, 2018, it had 0 insider buys, and 2 sales for $20.79 million activity. Spanos Mike had sold 20,074 shares worth $2.26M. 168,295 PepsiCo, Inc. (NASDAQ:PEP) shares with value of $18.53 million were sold by Khan Mehmood.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Why Is PepsiCo (PEP) Up 2.7% Since Last Earnings Report? – Nasdaq” on March 17, 2019, also Nasdaq.com with their article: “Noteworthy ETF Outflows: XLP, PEP, WMT, COST – Nasdaq” published on March 28, 2019, Nasdaq.com published: “Market Close Report: NASDAQ Composite index closes at 7,642.67 down -196.29 points – Nasdaq” on March 22, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “Consumer Staples Select Sector SPDR Fund Experiences Big Outflow – Nasdaq” published on April 05, 2019 as well as Nasdaq.com‘s news article titled: “After Hours Most Active for Mar 18, 2019 : ELAN, LLY, BAC, MRK, HPQ, WMB, QCOM, GILD, CMCSA, PEP, EBAY, ATVI – Nasdaq” with publication date: March 18, 2019.

Investors sentiment increased to 0.94 in 2018 Q4. Its up 0.07, from 0.87 in 2018Q3. It improved, 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. Farr Miller & Washington Ltd Liability Co Dc invested in 2.66% or 252,660 shares. 5,000 were accumulated by Cramer Rosenthal Mcglynn Ltd Co. Rockland Company invested 2.28% in PepsiCo, Inc. (NASDAQ:PEP). Chemung Canal Trust Co invested in 2.62% or 82,838 shares. Boston Private Wealth Lc holds 0.35% or 74,949 shares. First Commonwealth Financial Pa, Pennsylvania-based fund reported 4,201 shares. Saybrook Capital Nc has invested 0.73% in PepsiCo, Inc. (NASDAQ:PEP). Intrust Commercial Bank Na reported 1.61% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Carroll Associates holds 0.29% in PepsiCo, Inc. (NASDAQ:PEP) or 24,019 shares. Norinchukin Bank & Trust The reported 334,042 shares. Stifel Fincl holds 0.68% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 1.91M shares. Lincoln National Corp invested in 0.05% or 9,879 shares. Cibc Fincl Bank Usa holds 0.56% or 31,157 shares in its portfolio. Conning reported 392,598 shares. Green Square Ltd Liability Company invested in 0.11% or 7,089 shares.

Investors sentiment increased to 1.22 in 2018 Q4. Its up 0.38, from 0.84 in 2018Q3. It increased, as 10 investors sold TR shares while 39 reduced holdings. 23 funds opened positions while 37 raised stakes. 14.35 million shares or 4.01% more from 13.79 million shares in 2018Q3 were reported. Moreover, Martingale Asset Mgmt LP has 0.03% invested in Tootsie Roll Industries, Inc. (NYSE:TR) for 76,007 shares. Financial Bank Of Montreal Can reported 18,079 shares or 0% of all its holdings. 10,517 are held by Burns J W & Ny. Wallace Mngmt stated it has 84,421 shares or 0.41% of all its holdings. Cornerstone Advsrs reported 0% in Tootsie Roll Industries, Inc. (NYSE:TR). The United Kingdom-based Legal General Grp Public Ltd Company has invested 0% in Tootsie Roll Industries, Inc. (NYSE:TR). Regions Fincl Corporation invested in 745 shares. Bowen Hanes And has invested 0.03% in Tootsie Roll Industries, Inc. (NYSE:TR). Riverhead Mgmt Ltd Liability Company reported 0.01% stake. Fmr Ltd Liability holds 0% or 130 shares in its portfolio. Tudor Inv Et Al, a Connecticut-based fund reported 8,041 shares. Lenox Wealth holds 0% or 4 shares. Blackhill Capital has 1,041 shares for 0.01% of their portfolio. Btim Corporation stated it has 0.22% of its portfolio in Tootsie Roll Industries, Inc. (NYSE:TR). Comerica Commercial Bank invested in 12,837 shares.

Reik & Co, which manages about $288.64M and $332.96 million US Long portfolio, upped its stake in Us Bancorp Del Com New (NYSE:USB) by 7,120 shares to 766,780 shares, valued at $35.04 million in 2018Q4, according to the filing. It also increased its holding in Tiffany & Co New Com (NYSE:TIF) by 23,837 shares in the quarter, for a total of 303,710 shares, and has risen its stake in William Sonoma Inc Com (NYSE:WSM).

Tootsie Roll Industries, Inc. (NYSE:TR) Institutional Positions Chart

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