PepsiCo, Inc. (NASDAQ:PEP) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 8,575,743 shares, a growth of 13.5% from the January 12th total of 7,554,969 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 4,377,482 shares, the short-interest ratio is currently 2.0 days.
Shares of PepsiCo (NASDAQ:PEP) traded up $1.03 during trading hours on Friday, reaching $111.18. 5,292,728 shares of the company traded hands, compared to its average volume of 4,369,549. The stock has a market capitalization of $157,050.00, a PE ratio of 22.61, a P/E/G ratio of 2.93 and a beta of 0.62. PepsiCo has a 12 month low of $104.77 and a 12 month high of $122.51. The company has a current ratio of 1.35, a quick ratio of 1.21 and a debt-to-equity ratio of 2.32.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 2nd will be paid a dividend of $0.805 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $3.22 annualized dividend and a yield of 2.90%. PepsiCo’s dividend payout ratio is currently 66.53%.
A number of large investors have recently modified their holdings of the stock. Rational Advisors LLC purchased a new position in PepsiCo in the 4th quarter worth approximately $168,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in PepsiCo by 233.3% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,500 shares of the company’s stock worth $180,000 after buying an additional 1,050 shares in the last quarter. C M Bidwell & Associates Ltd. purchased a new position in PepsiCo in the 4th quarter worth approximately $197,000. First National Bank of Mount Dora Trust Investment Services purchased a new position in PepsiCo in the 4th quarter worth approximately $201,000. Finally, Round Table Services LLC purchased a new position in PepsiCo in the 4th quarter worth approximately $201,000. 70.25% of the stock is owned by institutional investors.
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PepsiCo Company Profile
PepsiCo, Inc is a global food and beverage company. The Company’s portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA).
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