Schwab Charles Investment Management Has Decreased Its Par Pacific Holdings (PARR) Holding by $7.12 Million; Valuation Declined; As Pepsico (PEP) Stock Rose, Highstreet Asset Management Has Trimmed Its Position by $399,489

PepsiCo, Inc. (NASDAQ:PEP) Logo

Schwab Charles Investment Management Inc decreased its stake in Par Pacific Holdings Inc (PARR) by 60.95% based on its latest 2018Q3 regulatory filing with the SEC. Schwab Charles Investment Management Inc sold 355,800 shares as the company’s stock declined 20.66% with the market. The institutional investor held 227,954 shares of the oil & gas production company at the end of 2018Q3, valued at $4.65 million, down from 583,754 at the end of the previous reported quarter. Schwab Charles Investment Management Inc who had been investing in Par Pacific Holdings Inc for a number of months, seems to be less bullish one the $788.55M market cap company. The stock decreased 0.37% or $0.06 during the last trading session, reaching $16.06. About 202,685 shares traded. Par Pacific Holdings, Inc. (NYSEMKT:PARR) has declined 19.53% since February 11, 2018 and is downtrending. It has underperformed by 19.53% the S&P500.

Highstreet Asset Management Inc decreased its stake in Pepsico Inc. (PEP) by 14.67% based on its latest 2018Q3 regulatory filing with the SEC. Highstreet Asset Management Inc sold 3,599 shares as the company’s stock rose 2.31% while stock markets declined. The institutional investor held 20,933 shares of the consumer non-durables company at the end of 2018Q3, valued at $2.34 million, down from 24,532 at the end of the previous reported quarter. Highstreet Asset Management Inc who had been investing in Pepsico Inc. for a number of months, seems to be less bullish one the $159.53 billion market cap company. The stock decreased 0.07% or $0.07 during the last trading session, reaching $113.01. About 188 shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 11, 2018 and is downtrending. It has underperformed by 0.46% the S&P500. Some Historical PEP News: 06/03/2018 – PEPSI-COLA PHILIPPINES SAYS STORAGE FEES SUBJECT TO NEGOTIATION; 26/04/2018 – PEPSICO QTRLY NORTH AMERICA BEVERAGES REV WAS DOWN 1 PCT; 02/04/2018 – Cambodian farmers sue Thai sugar group Mitr Phol over alleged land grab; 28/03/2018 – RPT-Nestle, other food groups likely suitors for GSK’s Horlicks; 21/05/2018 – Pepsi® And Dierks Bentley Celebrate Summer And Country Music With New Partnership And Music Experiences; 21/03/2018 – IBM Watson, Mastercard, Walmart, CBS and PepsiCo Executives to Speak at the ARF’s CONSUMERxSClENCE; 25/05/2018 – PEPSICO INC – ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE BARE FOODS CO; 10/05/2018 – Pepsi® Generations Summer Campaign Celebrates the Brand’s Rich Music History; Features Michael Jackson, Ray Charles and Britney Spears on Retro Cans; 25/05/2018 – Dealbook: PepsiCo to Acquire the Fruit and Veggie Snack Maker Bare Foods; 25/05/2018 – PepsiCo said it would buy baked fruit and vegetable snack maker Bare Foods, in a deal that underscores the company’s efforts to strengthen its healthy snack portfolio

Among 24 analysts covering PepsiCo (NYSE:PEP), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. PepsiCo had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Susquehanna on Monday, February 12. The firm has “Overweight” rating given on Thursday, October 4 by Morgan Stanley. Credit Suisse maintained the shares of PEP in report on Thursday, February 1 with “Hold” rating. The stock has “Hold” rating by S&P Research on Wednesday, October 7. JP Morgan maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Wednesday, February 14. JP Morgan has “Overweight” rating and $124 target. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, June 7. RBC Capital Markets maintained it with “Hold” rating and $115.0 target in Friday, November 10 report. The firm has “Buy” rating by Jefferies given on Tuesday, August 15. The stock has “Buy” rating by Jefferies on Friday, September 30. Stifel Nicolaus maintained it with “Hold” rating and $110 target in Friday, April 27 report.

Investors sentiment decreased to 0.87 in 2018 Q3. Its down 0.14, from 1.01 in 2018Q2. It turned 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. Alpha Cubed Invests Limited holds 0.07% or 5,321 shares in its portfolio. Louisiana State Employees Retirement Systems holds 0.4% or 82,800 shares. Old Point & Fincl Svcs N A owns 62,687 shares. Intersect Cap Ltd Com invested in 0.21% or 4,204 shares. Gould Asset Management Limited Ca holds 0.56% or 12,566 shares in its portfolio. Premier Asset Mngmt Ltd Liability Corp owns 3,519 shares. Rodgers Brothers Incorporated stated it has 16,025 shares or 0.51% of all its holdings. 3.90M were accumulated by Ny State Common Retirement Fund. Finemark Bancorporation And reported 102,206 shares stake. California-based Ca has invested 0.11% in PepsiCo, Inc. (NASDAQ:PEP). Alesco Advsrs Limited Liability Corporation stated it has 3,428 shares or 0.02% of all its holdings. Td Capital Management Ltd Limited Liability Company holds 0.25% or 8,572 shares in its portfolio. Evanson Asset Limited Liability Co has 0.05% invested in PepsiCo, Inc. (NASDAQ:PEP) for 2,031 shares. Calamos Ltd Liability Company owns 477,795 shares. 197,006 are held by Ci Investments.

Highstreet Asset Management Inc, which manages about $1.80 billion US Long portfolio, upped its stake in Dowdupont Inc. by 5,063 shares to 30,735 shares, valued at $1.98 million in 2018Q3, according to the filing. It also increased its holding in Northwestern Corp. by 18,408 shares in the quarter, for a total of 43,082 shares, and has risen its stake in Vermilion Energy Inc. (NYSE:VET).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “PepsiCo a Top Socially Responsible Dividend Stock With 3.5% Yield (PEP) – Nasdaq” on January 15, 2019, also Nasdaq.com with their article: “Better Buy: PepsiCo vs. Anheuser-Busch InBev – Nasdaq” published on January 26, 2019, Nasdaq.com published: “PepsiCo (PEP) Gains As Market Dips: What You Should Know – Nasdaq” on February 06, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “Weekly Market Preview: Five Stocks To Watch For the Coming Week (ATVI, BIDU, CSCO, NVDA, PEP) – Nasdaq” published on February 10, 2019 as well as Nasdaq.com‘s news article titled: “PepsiCo Breaks Above 200-Day Moving Average – Bullish for PEP – Nasdaq” with publication date: January 18, 2019.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on February, 15 before the open. They expect $1.49 EPS, up 13.74% or $0.18 from last year’s $1.31 per share. PEP’s profit will be $2.10 billion for 18.96 P/E if the $1.49 EPS becomes a reality. After $1.59 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -6.29% negative EPS growth.

Since October 4, 2018, it had 0 buys, and 4 selling transactions for $22.66 million activity. Khan Mehmood had sold 168,295 shares worth $18.53 million. $2.26M worth of PepsiCo, Inc. (NASDAQ:PEP) was sold by Spanos Mike. Shares for $1.29M were sold by Yawman David.

More notable recent Par Pacific Holdings, Inc. (NYSE:PARR) news were published by: Bizjournals.com which released: “See which Houston public cos. were the biggest winners, losers for job growth since 2009 – Houston Business Journal” on June 25, 2018, also Gurufocus.com with their article: “Steven Cohen Dives Deeper Into Extraction Oil & Gas – GuruFocus.com” published on September 05, 2018, Prnewswire.com published: “Par Pacific Successfully Closes Acquisition of US Oil & Refining Co. – PRNewswire” on January 14, 2019. More interesting news about Par Pacific Holdings, Inc. (NYSE:PARR) were released by: Prnewswire.com and their article: “Par Pacific Successfully Closes Transaction with Island Energy Services – PRNewswire” published on December 19, 2018 as well as Seekingalpha.com‘s news article titled: “Apollo Global Management, LLC (APO) CEO Leon Black on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: January 31, 2019.

Among 6 analysts covering Par Pacific (NYSEMKT:PARR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Par Pacific had 7 analyst reports since November 23, 2015 according to SRatingsIntel. Imperial Capital initiated it with “Outperform” rating and $30 target in Thursday, January 28 report. The firm earned “Hold” rating on Monday, November 23 by Miller Tabak. The stock of Par Pacific Holdings, Inc. (NYSE:PARR) earned “Market Perform” rating by Cowen & Co on Friday, June 10. The firm earned “Buy” rating on Thursday, October 6 by Mizuho. The rating was maintained by Imperial Capital on Wednesday, May 18 with “Outperform”. The stock of Par Pacific Holdings, Inc. (NYSE:PARR) has “Buy” rating given on Thursday, September 8 by Seaport Global Securities. As per Friday, May 20, the company rating was initiated by Sterne Agee CRT.

Schwab Charles Investment Management Inc, which manages about $150.15 billion US Long portfolio, upped its stake in Avx Corp New (NYSE:AVX) by 26,613 shares to 542,251 shares, valued at $9.79 million in 2018Q3, according to the filing. It also increased its holding in Arrowhead Pharmaceuticals In by 23,175 shares in the quarter, for a total of 481,066 shares, and has risen its stake in United Rentals Inc (NYSE:URI).

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