Marketfield Asset Management Lifted Itau Unibanco Hldg Sa (ITUB) Holding by $1.22 Million; Kings Point Capital Management Holding In Pepsico (PEP) Was Boosted

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Kings Point Capital Management increased its stake in Pepsico Inc (PEP) by 19.3% based on its latest 2018Q4 regulatory filing with the SEC. Kings Point Capital Management bought 9,213 shares as the company’s stock declined 1.97% while stock markets rallied. The institutional investor held 56,948 shares of the consumer non-durables company at the end of 2018Q4, valued at $6.29 million, up from 47,735 at the end of the previous reported quarter. Kings Point Capital Management who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $162.42 billion market cap company. The stock increased 0.14% or $0.16 during the last trading session, reaching $115.66. About 9.97 million shares traded or 76.09% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 7.45% since March 17, 2018 and is uptrending. It has outperformed by 3.08% the S&P500. Some Historical PEP News: 25/05/2018 – PepsiCo: Bare Snacks Sells Apple, Banana, Coconut Snacks, Vegetable Chips; 26/04/2018 – PepsiCo Sees Forex Having Neutral Impact on 2018 Revenue, EPS; 26/04/2018 – PEPSICO SEES 2018 ORGANIC REV GROWTH TO BE AT LEAST IN LINE WITH 2017 GROWTH RATE OF 2.3 PCT; 23/05/2018 – PepsiCo North America Nutrition and The Hatchery Chicago Partner to Further Innovation in the Food Industry; 25/05/2018 – PepsiCo: Bare Snacks Deal Will Expand Company’s Snacking Portfolio; 26/04/2018 – PepsiCo 1Q Net Cash Used in Operating Activities $1.3B; 25/05/2018 – PEPSICO CANADA – IMPACTED PRODUCT LIMITED TO 750 BAGS DISTRIBUTED TO SOME RETAILERS IN ONTARIO, NO IMPACTED PRODUCT SHIPPED TO OTHER PROVINCES OR U.S; 25/05/2018 – PepsiCo Buys Bare Foods, Maker of Fruit and Veggie Snacks; 01/05/2018 – PepsiCo Declares Quarterly Dividend; 26/04/2018 – PepsiCo 1Q Latin America Rev $1.22B

Marketfield Asset Management Llc increased its stake in Itau Unibanco Hldg Sa (ITUB) by 33.67% based on its latest 2018Q4 regulatory filing with the SEC. Marketfield Asset Management Llc bought 136,011 shares as the company’s stock rose 1.51% with the market. The institutional investor held 539,980 shares of the major banks company at the end of 2018Q4, valued at $4.94M, up from 403,969 at the end of the previous reported quarter. Marketfield Asset Management Llc who had been investing in Itau Unibanco Hldg Sa for a number of months, seems to be bullish on the $85.60 billion market cap company. The stock increased 0.31% or $0.03 during the last trading session, reaching $9.58. About 20.29M shares traded or 9.56% up from the average. Itaú Unibanco Holding S.A. (NYSE:ITUB) has declined 8.26% since March 17, 2018 and is downtrending. It has underperformed by 12.63% the S&P500. Some Historical ITUB News: 07/03/2018 – Smiles Drops as Itau Cites Surprisingly Low Dividend Payout; 10/04/2018 – Report: Exploring Fundamental Drivers Behind Itau Unibanco Holding S.A, Weibo, Redhill Biopharma, Shenandoah Telecommunications; 10/05/2018 – RPT-UPDATE 1-Creditors lead the efforts to sell Brazil’s Odebrecht rail unit; 10/05/2018 – BRAZILIAN CREDITORS TAKE OVER SALE MANDATE FOR ODEBRECHT’S COMMUTER RAIL UNIT SUPERVIA; 12/03/2018 – CORRECT NEW DEAL: ITAU UNIBANCO $ PERPNC5 JR SUB; IPT MID 6%S; 14/03/2018 – Brazil watchdog approves ltaú-XP deal, demands no asset sales; 14/05/2018 – Itau BBA Adds Embraer, Exits Latam Airlines, Cuts Itau: 13F; 20/03/2018 – MEDIA-BofA is arranging a $6 bln loan for Petrobras Unit bid- Bloomberg; 10/04/2018 – ITAU CEO: RESERVE REQUIREMENT CUT HAS LOW IMPACT ON LIQUIDITY; 14/05/2018 – ITAU BBA EXITED LTM, AGRO, CZZ, NEXA, GGAL IN 1Q: 13F

Since October 4, 2018, it had 0 buys, and 4 insider sales for $22.66 million activity. Yawman David also sold $1.29 million worth of PepsiCo, Inc. (NASDAQ:PEP) shares. Another trade for 5,500 shares valued at $587,364 was made by Narasimhan Laxman on Thursday, October 4. $2.26M worth of stock was sold by Spanos Mike on Wednesday, October 31.

Investors sentiment increased to 0.94 in Q4 2018. Its up 0.07, from 0.87 in 2018Q3. It is positive, 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. Legal And General Public Ltd, a United Kingdom-based fund reported 7.17M shares. 106,838 were reported by Finemark Retail Bank & Tru. Altavista Wealth Inc has invested 2.32% in PepsiCo, Inc. (NASDAQ:PEP). Moreover, Farmers Merchants Investments has 1.3% invested in PepsiCo, Inc. (NASDAQ:PEP) for 155,298 shares. Capstone Advsr Ltd Liability Corp holds 0.01% in PepsiCo, Inc. (NASDAQ:PEP) or 4,722 shares. Colony Grp Limited Liability Company owns 236,622 shares or 1.27% of their US portfolio. Morgan Stanley stated it has 11.60 million shares. Baxter Bros holds 0.68% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 22,774 shares. Mathes holds 1.97% in PepsiCo, Inc. (NASDAQ:PEP) or 28,335 shares. California Public Employees Retirement Sys stated it has 6.29M shares or 0.97% of all its holdings. Lederer & Associates Investment Counsel Ca reported 4,610 shares. Stonebridge Capital Mgmt reported 68,986 shares. Martingale Asset Limited Partnership holds 0.94% or 646,214 shares in its portfolio. Massachusetts-based Foster Dykema Cabot And Ma has invested 0.22% in PepsiCo, Inc. (NASDAQ:PEP). Old Point Financial Svcs N A holds 4.06% or 62,297 shares.

Kings Point Capital Management, which manages about $448.25 million US Long portfolio, decreased its stake in Ishares Tr S&P Midcap 400 (IJJ) by 3,039 shares to 66,227 shares, valued at $9.16 million in 2018Q4, according to the filing. It also reduced its holding in Northern Tr Corp (NASDAQ:NTRS) by 13,788 shares in the quarter, leaving it with 29,114 shares, and cut its stake in American Express Co (NYSE:AXP).

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