ATN International (ATNI) Reaches $57.36 Yearly Low; Kelly Lawrence W & Associates Cut Pepsico (PEP) Holding By $834,600

September 7, 2017 - By Darrin Black

Kelly Lawrence W & Associates Inc decreased Pepsico Inc (PEP) stake by 4.96% reported in 2016Q4 SEC filing. Kelly Lawrence W & Associates Inc sold 8,025 shares as Pepsico Inc (PEP)’s stock rose 5.12%. The Kelly Lawrence W & Associates Inc holds 153,738 shares with $16.09M value, down from 161,763 last quarter. Pepsico Inc now has $167.03 billion valuation. The stock rose 0.29% or $0.34 reaching $116.69. About 347,180 shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since September 7, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

The stock of ATN International Inc (NASDAQ:ATNI) hit a new 52-week low and has $53.92 target or 6.00% below today’s $57.36 share price. The 9 months bearish chart indicates high risk for the $929.39 million company. The 1-year low was reported on Sep, 7 by Barchart.com. If the $53.92 price target is reached, the company will be worth $55.76M less. About 5,176 shares traded. ATN International Inc (NASDAQ:ATNI) has declined 10.69% since September 7, 2016 and is downtrending. It has underperformed by 27.39% the S&P500.

ATN International, Inc. , formerly Atlantic Tele-Network, Inc., is a holding company. The company has market cap of $929.39 million. The Company’s divisions include U.S. It has a 42.74 P/E ratio. Telecom, International Telecom and Renewable Energy.

Investors sentiment decreased to 0.75 in 2016 Q4. Its down 0.09, from 0.84 in 2016Q3. It dropped, as 68 investors sold PEP shares while 674 reduced holdings. 102 funds opened positions while 618 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported. Brandes Invest Prtn LP reported 694,118 shares stake. Wendell David owns 81,506 shares. Bbr Ptnrs Limited Co holds 9,520 shares. Capital Investors has invested 0.18% in PepsiCo, Inc. (NYSE:PEP). Gareth Morgan Invs Limited Partnership owns 123,833 shares. Petrus Tru Lta has 40,966 shares for 1.05% of their portfolio. Symphony Asset Ltd reported 15,183 shares. Bontempo Ohly Capital Management Lc invested in 18,933 shares or 1.62% of the stock. Spinnaker Tru has invested 0.31% in PepsiCo, Inc. (NYSE:PEP). Triangle Securities Wealth Mgmt reported 18,731 shares or 1.31% of all its holdings. Pinebridge LP holds 0.56% or 181,578 shares. Van Cleef Asset Managementinc holds 1.7% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 50,971 shares. National Planning has 0.63% invested in PepsiCo, Inc. (NYSE:PEP) for 77,896 shares. Pekin Singer Strauss Asset Il owns 41,753 shares. 125,808 were reported by Mogy Joel R Invest Counsel.

Among 18 analysts covering PepsiCo (NYSE:PEP), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. PepsiCo had 48 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by RBC Capital Markets given on Friday, June 30. JP Morgan initiated PepsiCo, Inc. (NYSE:PEP) on Tuesday, March 21 with “Overweight” rating. The firm earned “Sector Perform” rating on Wednesday, October 7 by RBC Capital Markets. The rating was downgraded by BMO Capital Markets on Wednesday, June 7 to “Market Perform”. The rating was maintained by RBC Capital Markets on Tuesday, August 1 with “Hold”. The firm earned “Buy” rating on Thursday, August 27 by Vetr. Sterne Agee CRT initiated the shares of PEP in report on Tuesday, July 21 with “Buy” rating. Sterne Agee CRT downgraded the stock to “Neutral” rating in Friday, February 26 report. The rating was maintained by BMO Capital Markets with “Buy” on Friday, April 28. BMO Capital Markets maintained PepsiCo, Inc. (NYSE:PEP) rating on Thursday, March 23. BMO Capital Markets has “Buy” rating and $115 target.

Since April 28, 2017, it had 0 buys, and 1 sale for $337,775 activity. $337,775 worth of PepsiCo, Inc. (NYSE:PEP) was sold by TRUDELL CYNTHIA on Friday, April 28.

Analysts await PepsiCo, Inc. (NYSE:PEP) to report earnings on October, 5. They expect $1.42 EPS, up 1.43% or $0.02 from last year’s $1.4 per share. PEP’s profit will be $2.03B for 20.54 P/E if the $1.42 EPS becomes a reality. After $1.50 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.