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Investment firms split on PepsiCo stakes amid strong earnings and mixed analyst views.
Several investment firms reduced their stakes in PepsiCo during the fourth quarter, including Angeles Wealth Management and Birch Hill Investment Advisors, while others like State Street Corp and Charles Schwab Investment Management increased their holdings.
PepsiCo reported a strong earnings report, with EPS of $1.96, surpassing analyst estimates by $0.02, and announced a quarterly dividend of $1.355.
The company has a market cap of $198.29 billion and a yield of 3.75%.
Analysts have mixed opinions on the stock, with ratings from sell to buy, and a consensus price target of $171.47.
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Las empresas de inversión divididas en PepsiCo apuestan en medio de fuertes ganancias y puntos de vista mixtos de los analistas.