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Liberty One cuts PepsiCo holdings, while analysts maintain a "Hold" rating on the stock.
Liberty One Investment Management LLC significantly reduced its holdings in PepsiCo, selling 98,910 shares in the first quarter, while other investors like Garrett Wealth Advisory Group and CapWealth Advisors LLC increased their stakes.
PepsiCo's recent earnings per share was $1.48, just below estimates, with a 10.24% net margin and $17.92 billion in revenue.
Analysts predict PepsiCo will post 8.3 EPS for the current year, with a consensus target price of $159.75 and a "Hold" rating.
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Liberty One corta las participaciones de PepsiCo, mientras que los analistas mantienen una calificación de "Hold" en las acciones.