Contravisory Investment Management Has Decreased Apple (AAPL) Holding By $723,150; Laffer Investments Has Decreased Pepsico (PEP) Position By $32.76 Million

PepsiCo, Inc. (NASDAQ:PEP) Logo

Laffer Investments decreased Pepsico Inc (PEP) stake by 4.46% reported in 2018Q3 SEC filing. Laffer Investments sold 293 shares as Pepsico Inc (PEP)’s stock rose 2.31%. The Laffer Investments holds 6,276 shares with $701.66 million value, down from 6,569 last quarter. Pepsico Inc now has $152.66 billion valuation. The stock increased 0.61% or $0.66 during the last trading session, reaching $108.15. About 7.91M shares traded or 50.83% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since January 11, 2018 and is downtrending. It has underperformed by 0.46% the S&P500. Some Historical PEP News: 26/04/2018 – PEPSICO CEO: WILL STEP UP ADS ON PEPSI, FOCUS ON DIET, 0 SUGAR; 09/03/2018 – PepsiCo Foundation and GENYOUth Partner to Conquer Hunger Among Students By Expanding “Grab-n-Go” School Breakfast Programs; 26/04/2018 – PepsiCo Sees 2018 Net Capital Spending About $3.6B; 28/03/2018 – RPT-Nestle, other food groups likely suitors for GSK’s Horlicks; 26/04/2018 – Pepsi has been trying to turn around its lagging Gatorade business; 01/05/2018 – PepsiCo Raises Quarter Dividend to 9.275c Vs. 8.05c; 25/05/2018 – PEPSICO ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE BARE SNACKS; 26/04/2018 – Pepsi’s snack business has been outperforming its North American beverage business; 26/04/2018 – PepsiCo: On Track to Achieve Financial Targets Set Out at Beginning of Year; 26/04/2018 – It’s Back to Cola Wars in Pepsi Versus Coca-Cola Marketing Blitz

Contravisory Investment Management Inc decreased Apple Inc (AAPL) stake by 87.24% reported in 2018Q3 SEC filing. Contravisory Investment Management Inc sold 3,214 shares as Apple Inc (AAPL)’s stock declined 22.32%. The Contravisory Investment Management Inc holds 470 shares with $106,000 value, down from 3,684 last quarter. Apple Inc now has $727.44 billion valuation. The stock increased 0.32% or $0.49 during the last trading session, reaching $153.8. About 14,869 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 0.17% since January 11, 2018 and is uptrending. It has outperformed by 0.17% the S&P500. Some Historical AAPL News: 17/05/2018 – WRAL: With Apple on the hook, legislative leaders roll out incentive reforms; 03/04/2018 – Apple hires Google’s search and AI chief; 03/04/2018 – Apple pay Tech group discloses gender gap; 07/05/2018 – BUFFETT SAYS THERE WILL ALWAYS BE THOSE SEEKING UNFAIR TRADE ADVANTAGES, BUT “THE WORLD WILL NOT DO SOMETHING STUPID”; 27/03/2018 – AAPL: First bit of software news: Apple’s releasing new versions of its iWork apps w/ support for Apple Pencil #AppleEvent – ! $AAPL; 10/05/2018 – APPLE CONFIRMS DECISION TO PULL OUT OF IRISH DATA CENTER PLAN; 16/04/2018 – Apple apparently designed a gold-colored version of the iPhone X but didn’t release it; 28/03/2018 – APPLE INC AAPL.O : GOLDMAN SACHS REDUCES IPHONE SALES ESTIMATE FOR JUNE QTR BY 3.2 MLN UNITS TO 40.3 MLN UNITS; 12/03/2018 – MacDailyNews: Apple’s new 13.3-inch entry-level MacBook Air to feature Retina display; 29/05/2018 – Voip-Pal Files a Second Lawsuit Against Apple for Infringement of Four New Patents

Investors sentiment decreased to 0.67 in 2018 Q3. Its down 0.04, from 0.71 in 2018Q2. It dived, as 54 investors sold AAPL shares while 1030 reduced holdings. 151 funds opened positions while 577 raised stakes. 2.68 billion shares or 3.22% less from 2.77 billion shares in 2018Q2 were reported. Moreover, De Burlo Gp has 4.74% invested in Apple Inc. (NASDAQ:AAPL). Baker Ellis Asset Mgmt Ltd Liability Co has invested 0.95% of its portfolio in Apple Inc. (NASDAQ:AAPL). Cs Mckee Limited Partnership stated it has 4.59% of its portfolio in Apple Inc. (NASDAQ:AAPL). Berkshire Money Mgmt Inc stated it has 4,941 shares or 0.25% of all its holdings. Southeast Asset Advsr Inc owns 4.74% invested in Apple Inc. (NASDAQ:AAPL) for 78,363 shares. Richard Bernstein Ltd owns 201,093 shares or 1.31% of their US portfolio. Security Bankshares Of So Dak invested in 11,868 shares or 3.1% of the stock. Jcic Asset stated it has 56,256 shares or 4.37% of all its holdings. Moreover, Hudson Valley Advisors Adv has 2.45% invested in Apple Inc. (NASDAQ:AAPL). Transamerica Fincl Advsr stated it has 0.14% in Apple Inc. (NASDAQ:AAPL). Toronto Dominion Financial Bank reported 3.14 million shares. Burney holds 3.87% or 287,881 shares in its portfolio. Pekin Singer Strauss Asset Mngmt Il reported 31,617 shares. Connable Office Incorporated reported 37,052 shares. Efg Asset Mngmt (Americas) Corporation holds 0.73% or 11,259 shares.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on February, 7. They expect $4.21 EPS, up 8.23% or $0.32 from last year’s $3.89 per share. AAPL’s profit will be $19.91B for 9.13 P/E if the $4.21 EPS becomes a reality. After $2.91 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 44.67% EPS growth.

Contravisory Investment Management Inc increased Nike Inc (NYSE:NKE) stake by 46,133 shares to 46,488 valued at $3.94M in 2018Q3. It also upped Hunt J B Trans Svcs Inc (NASDAQ:JBHT) stake by 2,878 shares and now owns 2,909 shares. Universal Hlth Svcs Inc (NYSE:UHS) was raised too.

Among 20 analysts covering Apple (NASDAQ:AAPL), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. Apple had 48 analyst reports since July 23, 2018 according to SRatingsIntel. Wedbush maintained the shares of AAPL in report on Thursday, January 3 with “Outperform” rating. Canaccord Genuity maintained it with “Buy” rating and $250 target in Tuesday, September 4 report. The rating was maintained by Nomura on Friday, August 31 with “Neutral”. The firm earned “Neutral” rating on Tuesday, November 20 by Goldman Sachs. Bank of America downgraded Apple Inc. (NASDAQ:AAPL) on Friday, November 2 to “Neutral” rating. The firm has “Buy” rating by Citigroup given on Friday, November 2. Bank of America maintained the stock with “Buy” rating in Tuesday, August 21 report. The firm has “Buy” rating given on Thursday, November 29 by Canaccord Genuity. As per Thursday, January 3, the company rating was downgraded by Jefferies. Robert W. Baird maintained the shares of AAPL in report on Tuesday, November 27 with “Buy” rating.

Since November 19, 2018, it had 0 insider buys, and 1 sale for $647,520 activity. KONDO CHRIS sold 3,408 shares worth $647,520.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on February, 15 before the open. They expect $1.49 earnings per share, up 13.74% or $0.18 from last year’s $1.31 per share. PEP’s profit will be $2.10 billion for 18.15 P/E if the $1.49 EPS becomes a reality. After $1.59 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -6.29% negative EPS growth.

Laffer Investments increased Nabors Industries stake by 175 shares to 9,890 valued at $433.55M in 2018Q3. It also upped Citrix Inc stake by 10 shares and now owns 1,338 shares. Stanley Black & Decker was raised too.

Among 8 analysts covering PepsiCo (NYSE:PEP), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. PepsiCo had 9 analyst reports since September 14, 2018 according to SRatingsIntel. The rating was downgraded by Macquarie Research on Friday, October 5 to “Neutral”. BMO Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) on Wednesday, October 3 with “Market Perform” rating. The firm earned “Outperform” rating on Friday, September 28 by Macquarie Research. Citigroup maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Wednesday, October 3. Citigroup has “Neutral” rating and $116 target. The company was maintained on Friday, September 28 by Susquehanna. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, October 3. Morgan Stanley maintained the shares of PEP in report on Thursday, October 4 with “Overweight” rating.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.14, from 1.01 in 2018Q2. It is 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. Amer Economic Planning Gru Adv holds 2,870 shares. Caprock Grp Incorporated reported 0.48% stake. Dorsey & Whitney Trust Lc reported 18,458 shares or 0.32% of all its holdings. 2,450 were accumulated by Rmsincerbeaux Capital Mgmt Llc. Ycg Ltd Liability Corp stated it has 172,418 shares or 3.83% of all its holdings. Puzo Michael J has 0.96% invested in PepsiCo, Inc. (NASDAQ:PEP). Factory Mutual Insurance has 781,600 shares. Mairs reported 13,307 shares. Alliancebernstein Lp accumulated 5.69 million shares. 33,525 were accumulated by Sigma Planning. Altfest L J reported 40,852 shares. Osborne Prtn Cap Mgmt Ltd stated it has 1.28% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). St Germain D J reported 107,424 shares. Compton Ri reported 1.36% stake. Lazard Asset Mngmt reported 0.19% in PepsiCo, Inc. (NASDAQ:PEP).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “How Safe Is PepsiCo’s Dividend? – Seeking Alpha” on December 14, 2018, also Seekingalpha.com with their article: “PepsiCo: Growing Through Challenges – Seeking Alpha” published on December 31, 2018, Benzinga.com published: “Pepsico, Inc. (NYSE:PEP), Stericycle, Inc. (NASDAQ:SRCL) – Today’s Pickup: “The last thing I need is more data. I need more information,” Trucking Exec Tells Vendors – Benzinga” on December 17, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: “My U.S. Dividend Achievers And Canadian Wide Moat 7 Held Up ‘Better’ Than Benchmarks In 2018 – Seeking Alpha” published on January 03, 2019 as well as Investorplace.com‘s news article titled: “This Definitely Is Not the Time to Start Buying KO Stock – Investorplace.com” with publication date: December 18, 2018.

Since October 4, 2018, it had 0 insider buys, and 4 sales for $22.66 million activity. 20,074 shares were sold by Spanos Mike, worth $2.26M on Wednesday, October 31. 168,295 PepsiCo, Inc. (NASDAQ:PEP) shares with value of $18.53 million were sold by Khan Mehmood. Another trade for 12,024 shares valued at $1.29M was made by Yawman David on Tuesday, October 16. Narasimhan Laxman sold $587,364 worth of stock or 5,500 shares.

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