National Planning Has Trimmed Pepsico (PEP) Holding; Provident Financial Holdings Has 1.24 Sentiment

January 14, 2018 - By Ellis Scott

National Planning Corp decreased Pepsico Inc (PEP) stake by 73.97% reported in 2017Q3 SEC filing. National Planning Corp sold 55,710 shares as Pepsico Inc (PEP)’s stock rose 5.12%. The National Planning Corp holds 19,604 shares with $2.14M value, down from 75,314 last quarter. Pepsico Inc now has $166.93 billion valuation. The stock increased 0.43% or $0.5 during the last trading session, reaching $117.38. About 4.34 million shares traded or 26.22% up from the average. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 14, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Provident Financial Holdings, Inc. operates as the holding firm for Provident Savings Bank, F.S.B. that provides community and mortgage banking services to clients and small to mid-sized businesses in the Inland Empire region of Southern California. The company has market cap of $143.06 million. It operates through two divisions: Provident Bank and Provident Bank Mortgage. It has a 45.19 P/E ratio. The companyÂ’s deposit products include non-interest-bearing and interest-bearing checking accounts, savings accounts, money market accounts, and time deposits; and loan portfolio comprises single-family, multi-family, commercial real estate, construction, commercial business, consumer, and other mortgage loans.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $172,530 activity.

Raffles Associates Lp holds 7.05% of its portfolio in Provident Financial Holdings, Inc. for 393,096 shares. Continental Advisors Llc owns 148,333 shares or 0.67% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.03% invested in the company for 151,041 shares. The Massachusetts-based Acadian Asset Management Llc has invested 0.01% in the stock. Dimensional Fund Advisors Lp, a Texas-based fund reported 659,177 shares.

Analysts await Provident Financial Holdings, Inc. (NASDAQ:PROV) to report earnings on January, 26. They expect $0.20 earnings per share, up 11.11% or $0.02 from last year’s $0.18 per share. PROV’s profit will be $1.52M for 23.50 P/E if the $0.20 EPS becomes a reality. After $0.17 actual earnings per share reported by Provident Financial Holdings, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

The stock increased 0.27% or $0.05 during the last trading session, reaching $18.8. About 7,524 shares traded. Provident Financial Holdings, Inc. (PROV) has risen 4.86% since January 14, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Since August 7, 2017, it had 0 insider buys, and 2 selling transactions for $7.21 million activity. $4.84M worth of Pepsico, Inc. (NASDAQ:PEP) shares were sold by Gallagher Marie T.. The insider Laguarta Ramon sold 21,449 shares worth $2.37M.

Analysts await Pepsico, Inc. (NASDAQ:PEP) to report earnings on February, 13 before the open. They expect $1.30 earnings per share, up 8.33% or $0.10 from last year’s $1.2 per share. PEP’s profit will be $1.85 billion for 22.57 P/E if the $1.30 EPS becomes a reality. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It is positive, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. 24,500 were accumulated by Kemper Master Retirement Trust. Fukoku Mutual Life Insurance stated it has 0.09% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Highstreet Asset Management holds 0.27% or 25,342 shares. Moreover, Toth Financial Advisory Corporation has 1.51% invested in Pepsico, Inc. (NASDAQ:PEP). D L Carlson Inv Grp Inc stated it has 1.36% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Sii Invests Incorporated Wi invested in 39,779 shares or 0.25% of the stock. Centurylink Inv Mngmt, a Colorado-based fund reported 17,834 shares. University Of Texas Managment has 0% invested in Pepsico, Inc. (NASDAQ:PEP). California-based Ashfield Prtn Ltd Com has invested 0.26% in Pepsico, Inc. (NASDAQ:PEP). Ironwood Investment Counsel Ltd Llc invested in 2.42% or 53,567 shares. Moreover, Paloma Prns has 0.13% invested in Pepsico, Inc. (NASDAQ:PEP) for 87,288 shares. Mutual Of America Management Lc holds 0.39% or 213,098 shares. Brookmont Cap stated it has 1.8% in Pepsico, Inc. (NASDAQ:PEP). Moreover, South Dakota Inv Council has 0.66% invested in Pepsico, Inc. (NASDAQ:PEP). Telemus Capital Lc, a Michigan-based fund reported 27,548 shares.

Among 20 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. PepsiCo had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, January 8 by Cowen & Co. Jefferies maintained it with “Buy” rating and $133.0 target in Tuesday, August 15 report. The firm earned “Neutral” rating on Thursday, October 5 by Credit Suisse. On Thursday, July 6 the stock rating was maintained by Susquehanna with “Buy”. The rating was maintained by JP Morgan on Tuesday, April 19 with “Overweight”. S&P Research maintained Pepsico, Inc. (NASDAQ:PEP) rating on Wednesday, October 7. S&P Research has “Hold” rating and $103 target. The stock has “Hold” rating by Stifel Nicolaus on Thursday, October 12. Cowen & Co maintained the shares of PEP in report on Thursday, August 10 with “Buy” rating. The rating was initiated by Sterne Agee CRT with “Buy” on Tuesday, July 21. The firm has “Neutral” rating given on Tuesday, April 19 by Goldman Sachs.

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