Atalanta Sosnoff Capital Has Lowered Its Pepsico (PEP) Position; Hni (HNI) Has 1.37 Sentiment

HNI Corporation (NYSE:HNI) Logo

Atalanta Sosnoff Capital Llc decreased Pepsico Inc (PEP) stake by 2.88% reported in 2017Q4 SEC filing. Atalanta Sosnoff Capital Llc sold 8,161 shares as Pepsico Inc (PEP)’s stock declined 9.24%. The Atalanta Sosnoff Capital Llc holds 275,242 shares with $33.01 million value, down from 283,403 last quarter. Pepsico Inc now has $139.28 billion valuation. The stock decreased 0.77% or $0.76 during the last trading session, reaching $98.23. About 2.72M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 8, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Hni Corp (HNI) investors sentiment increased to 1.37 in Q4 2017. It’s up 0.22, from 1.15 in 2017Q3. The ratio increased, as 81 investment managers started new and increased stock positions, while 59 cut down and sold their stock positions in Hni Corp. The investment managers in our database now own: 30.16 million shares, down from 30.37 million shares in 2017Q3. Also, the number of investment managers holding Hni Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 47 Increased: 49 New Position: 32.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “Bert’s Recent Buy: PepsiCo” on May 06, 2018, also Seekingalpha.com with their article: “Recent Purchase: PepsiCo” published on April 27, 2018, Seekingalpha.com published: “PepsiCo reaffirms full-year profit guidance” on April 26, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: “May 2018 Stock Considerations” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Earnings Blockbusters And Trump Talks Drug Prices” with publication date: April 21, 2018.

Atalanta Sosnoff Capital Llc increased Vertex Pharmaceuticals Inc (NASDAQ:VRTX) stake by 81,541 shares to 471,142 valued at $70.61 million in 2017Q4. It also upped Roper Technologies Inc (NYSE:ROP) stake by 53,464 shares and now owns 168,294 shares. Pnc Bank Corp (NYSE:PNC) was raised too.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo has $140.0 highest and $81 lowest target. $116.24’s average target is 18.33% above currents $98.23 stock price. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Friday, July 8. Cowen & Co maintained the stock with “Buy” rating in Monday, January 8 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by BMO Capital Markets on Friday, April 28. JP Morgan maintained the stock with “Overweight” rating in Wednesday, February 14 report. Credit Suisse maintained the stock with “Hold” rating in Thursday, February 1 report. The firm earned “Sector Perform” rating on Thursday, October 5 by RBC Capital Markets. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $11500 target. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Wednesday, September 6 by BMO Capital Markets. As per Friday, July 8, the company rating was maintained by Deutsche Bank. Credit Suisse maintained PepsiCo, Inc. (NASDAQ:PEP) on Thursday, October 5 with “Neutral” rating.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It is negative, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Security National Tru stated it has 39,280 shares. Grisanti Llc, New York-based fund reported 2,000 shares. Moneta Group Inv Limited Liability accumulated 83,056 shares. Dnb Asset Mgmt As has invested 0.27% in PepsiCo, Inc. (NASDAQ:PEP). Cohen Lawrence B has 3.38% invested in PepsiCo, Inc. (NASDAQ:PEP). Fairfield Bush And accumulated 61,457 shares. Somerset reported 13,549 shares. Sii Invs Wi owns 0.19% invested in PepsiCo, Inc. (NASDAQ:PEP) for 15,523 shares. Ci Investments Inc stated it has 102,206 shares or 0.12% of all its holdings. Hillsdale Inv Mngmt holds 0% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 70 shares. Financial Mgmt owns 1,920 shares. Osborne Prtnrs Mgmt Limited Liability, a California-based fund reported 92,361 shares. First Bancorp Of Hutchinson holds 0.13% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 1,870 shares. Atalanta Sosnoff Ltd Company holds 1.07% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 275,242 shares. Diamond Hill Capital Management has 1.16% invested in PepsiCo, Inc. (NASDAQ:PEP).

Since January 1, 0001, it had 0 insider buys, and 22 selling transactions for $6.02 million activity.

HNI Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of office furniture and hearth products primarily in the United States, Canada, China, Hong Kong, India, and Taiwan. The company has market cap of $1.53 billion. The companyÂ’s Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, Paoli, HBF, OFM, basyx by HON, ERGOTM, and Lamex brands, as well as under private labels. It has a 17.57 P/E ratio. This segment sells its products through independent and local office products dealers; national office product distributors; selling relationships with the end-users; wholesalers; and direct sales to federal, state, and local government offices.

The stock increased 0.57% or $0.2 during the last trading session, reaching $35.13. About 117,445 shares traded. HNI Corporation (HNI) has declined 22.88% since May 8, 2017 and is downtrending. It has underperformed by 34.43% the S&P500.

Ratings analysis reveals 0 of HNI’s analysts are positive. Out of 2 Wall Street analysts rating HNI, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. HNI was included in 2 notes of analysts from September 20, 2016. The firm has “Mkt Perform” rating given on Tuesday, September 20 by Raymond James. The firm has “Neutral” rating by Seaport Global Securities given on Friday, November 4.

More notable recent HNI Corporation (NYSE:HNI) news were published by: Seekingalpha.com which released: “HNI Corporation 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018, also Seekingalpha.com with their article: “HNI’s (HNI) CEO Stan Askren on Q1 2018 Results – Earnings Call Transcript” published on May 01, 2018, Prnewswire.com published: “HNI Corporation Announces Retirement Of Stan A. Askren And Appointment Of Jeffrey D. Lorenger” on April 20, 2018. More interesting news about HNI Corporation (NYSE:HNI) were released by: Prnewswire.com and their article: “HNI Corporation First Quarter Fiscal 2018 Results Conference Call” published on April 10, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For April 30, 2018” with publication date: April 30, 2018.

Merriman Wealth Management Llc holds 0.94% of its portfolio in HNI Corporation for 100,000 shares. Deprince Race & Zollo Inc owns 964,371 shares or 0.83% of their US portfolio. Moreover, Parametrica Management Ltd has 0.4% invested in the company for 16,561 shares. The Illinois-based State Farm Mutual Automobile Insurance Co has invested 0.36% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 27,375 shares.

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