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Institutional investors varied their stakes in PepsiCo, which reported strong earnings and has a 4.02% dividend yield.
Several institutional investors have recently adjusted their holdings in PepsiCo Inc. (NASDAQ:PEP).
Atlas Legacy Advisors LLC bought 1,427 shares for $214,000, while Morningstar Investment Management LLC increased its holdings by 312.3%, owning 14,547 shares worth $2.18 million.
Hurley Capital LLC, on the other hand, reduced its holdings by 96.4%, owning only 278 shares.
PepsiCo reported a strong quarter with earnings per share of $2.12, beating estimates by $0.09.
The company has a market cap of $193.82 billion and a dividend yield of 4.02%, with a consensus analyst rating of "Hold."
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Los inversores institucionales variaron sus participaciones en PepsiCo, que reportó ganancias fuertes y tiene un rendimiento de dividendos del 4,02%.