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flag Institutional investors boosted stakes in PepsiCo and Coca-Cola, both of which exceeded earnings expectations.

flag Institutional investors like Jacobs & Co. CA and Atlas Brown Inc. increased their stakes in PepsiCo, now owning 86,944 and 25,215 shares, respectively. flag PepsiCo's latest earnings report showed a strong performance with $2.31 EPS, slightly over analyst expectations. flag Analysts predict a price target of $180.64, with a consensus rating of "Hold." flag Meanwhile, Coca-Cola saw similar institutional buying, with Atlas Brown Inc. owning 21,024 shares. flag Coca-Cola's recent earnings also beat expectations at $0.77 EPS. flag Both companies have strong dividend yields, with PepsiCo at 3.80% and Coca-Cola at 3.18%.

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