As Newell Brands (NWL) Market Value Declined, Holder Advisory Services Network Has Cut by $322,848 Its Holding; Newfocus Financial Group Cut Its Position in Pepsico (PEP) by $1.16 Million as Stock Price Declined

August 12, 2018 - By Billy Entrekin

PepsiCo, Inc. (NASDAQ:PEP) Logo

Newfocus Financial Group Llc decreased its stake in Pepsico Inc (PEP) by 34.8% based on its latest 2018Q1 regulatory filing with the SEC. Newfocus Financial Group Llc sold 10,654 shares as the company’s stock declined 9.58% with the market. The institutional investor held 19,964 shares of the consumer non-durables company at the end of 2018Q1, valued at $2.18 million, down from 30,618 at the end of the previous reported quarter. Newfocus Financial Group Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $159.63 billion market cap company. The stock decreased 0.73% or $0.83 during the last trading session, reaching $112.87. About 3.71M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 14.65% since August 12, 2017 and is downtrending. It has underperformed by 27.22% the S&P500.

Advisory Services Network Llc decreased its stake in Newell Brands Inc (NWL) by 97.95% based on its latest 2018Q1 regulatory filing with the SEC. Advisory Services Network Llc sold 13,452 shares as the company’s stock declined 9.20% with the market. The institutional investor held 281 shares of the plastic products company at the end of 2018Q1, valued at $7,000, down from 13,733 at the end of the previous reported quarter. Advisory Services Network Llc who had been investing in Newell Brands Inc for a number of months, seems to be less bullish one the $10.11 billion market cap company. The stock decreased 0.29% or $0.06 during the last trading session, reaching $20.82. About 11.82M shares traded or 63.07% up from the average. Newell Brands Inc. (NYSE:NWL) has declined 52.59% since August 12, 2017 and is downtrending. It has underperformed by 65.16% the S&P500. Some Historical NWL News: 11/04/2018 – Starboard Value LP Has 3.8% Stake in Newell; 04/05/2018 – NEWELL BRANDS INC – REAFFIRMED 2018 FULL YEAR NET SALES AND NORMALIZED EPS GUIDANCE RANGE; 07/04/2018 – Josh Kosman: Newell Brands starts auctioning assets ahead of investor face-off: sources. First for for sale is Waddington.…; 19/04/2018 – Newell Brands Closes Below 50-Day Moving Average: Technicals; 27/03/2018 – Newell Brands: ‘Now Embarking on Path to Signficant Value Creation’; 17/04/2018 – Starboard Value’s Jeffrey Smith: Newell Brands is ‘extremely undervalued’; 02/04/2018 – NEWELL BRANDS INC – WITH EXPECTED ELECTION OF ATCHISON AND JUDITH SPRIESER AT 2018 ANNUAL MEETING, NEWELL BRAND’S BOARD WILL COMPRISE 11 DIRECTORS; 11/04/2018 – STARBOARD FILES PROXY MATERIALS TO ELECT NEWELL NOMINEES; 04/05/2018 – Newell Brands Backs 2018View of Adj EPS $2.65-Adj EPS $2.85; 04/05/2018 – NEWELL BRANDS INC NWL.N FY2018 SHR VIEW $2.66, REV VIEW $14.48 BLN — THOMSON REUTERS l/B/E/S

Among 23 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 14 Hold. Therefore 35% are positive. PepsiCo had 72 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Market Perform” rating by BMO Capital Markets on Wednesday, June 7. Jefferies maintained it with “Buy” rating and $12700 target in Thursday, June 22 report. Credit Suisse maintained the stock with “Buy” rating in Friday, April 28 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Friday, December 22 by Stifel Nicolaus. The firm earned “Overweight” rating on Tuesday, April 19 by JP Morgan. The rating was maintained by Jefferies on Monday, September 18 with “Buy”. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Monday, January 8 by Cowen & Co. The stock has “Buy” rating by Cowen & Co on Thursday, August 10. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, July 11. The rating was maintained by UBS on Wednesday, October 7 with “Buy”.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on October, 3. They expect $1.57 earnings per share, up 6.08% or $0.09 from last year’s $1.48 per share. PEP’s profit will be $2.22 billion for 17.97 P/E if the $1.57 EPS becomes a reality. After $1.61 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -2.48% negative EPS growth.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Pepsi Stock Should Continue to Satisfy Investors” on July 27, 2018, also Nasdaq.com with their article: “PepsiCo, Inc. to Join the NASDAQ-100 Index Beginning July 23, 2018” published on July 17, 2018, Benzinga.com published: “The Legacy Of Outgoing PepsiCo CEO Indra Nooyi” on August 06, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Benzinga.com and their article: “Madison Square Garden Strikes Sponsorship Deal With Pepsi, Ending Century-Long Coke Partnership” published on July 24, 2018 as well as Nasdaq.com‘s news article titled: “3 Big Stock Charts for Thursday: PepsiCo, American International Group and Hilton Hotels” with publication date: August 09, 2018.

Investors sentiment is 0.86 in Q1 2018. Its the same as in 2017Q4. It is flat, as 67 investors sold PEP shares while 715 reduced holdings. only 119 funds opened positions while 550 raised stakes. 956.07 million shares or 0.28% less from 958.76 million shares in 2017Q4 were reported. Warren Averett Asset Mngmt Ltd Liability Com reported 0.06% in PepsiCo, Inc. (NASDAQ:PEP). 33,995 are owned by Broderick Brian C. Founders Capital Lc accumulated 97,162 shares. Lazard Asset Management Ltd Liability Com holds 0.28% or 1.37M shares in its portfolio. Old Republic Corporation invested in 319,200 shares or 1.04% of the stock. Rothschild Il stated it has 0.14% in PepsiCo, Inc. (NASDAQ:PEP). Boston Private Wealth Limited Liability stated it has 91,622 shares or 0.38% of all its holdings. Jefferies Grp Inc Ltd Liability Com invested 0.1% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). The California-based Polaris Greystone Limited Liability Corp has invested 0.01% in PepsiCo, Inc. (NASDAQ:PEP). 3,246 were accumulated by Economic Planning Grp Incorporated Adv. Heritage Mgmt Corporation reported 162,287 shares or 1.1% of all its holdings. Crawford Investment Counsel reported 9,333 shares. Bbva Compass Fincl Bank reported 0.48% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Financial Bank Of Stockton reported 6,639 shares. Winch Advisory Limited Liability Corporation accumulated 0.03% or 412 shares.

More recent Newell Brands Inc. (NYSE:NWL) news were published by: 247Wallst.com which released: “Is This the Final Capitulation for an Elusive Newell Turnaround?” on August 08, 2018. Also Seekingalpha.com published the news titled: “Market Has Forgiven Stocks – Cramer’s Mad Money (8/6/18)” on August 07, 2018. Globenewswire.com‘s news article titled: “Hagens Berman Alerts Investors in Newell Brands, Inc. (NYSE: NWL) to the August 20, 2018 Securities Class Action …” with publication date: July 18, 2018 was also an interesting one.

Advisory Services Network Llc, which manages about $620.88 million and $1.25 billion US Long portfolio, upped its stake in Schwab Strategic Tr (SCHX) by 12,631 shares to 16,582 shares, valued at $1.05M in 2018Q1, according to the filing. It also increased its holding in Broadridge Finl Solutions In (NYSE:BR) by 2,861 shares in the quarter, for a total of 13,074 shares, and has risen its stake in Palo Alto Networks Inc (NYSE:PANW).

Since May 18, 2018, it had 2 insider purchases, and 0 sales for $132,790 activity. $106,120 worth of Newell Brands Inc. (NYSE:NWL) shares were bought by TODMAN MICHAEL.

Investors sentiment increased to 0.94 in Q1 2018. Its up 0.22, from 0.72 in 2017Q4. It is positive, as 81 investors sold NWL shares while 183 reduced holdings. 98 funds opened positions while 151 raised stakes. 456.01 million shares or 5.67% more from 431.52 million shares in 2017Q4 were reported. Creative Planning reported 26,583 shares. 248,385 were accumulated by Voya Investment Mgmt Ltd Liability Co. 34,611 were accumulated by Sg Americas Secs Ltd Liability Company. Janney Montgomery Scott Ltd Co holds 0.02% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 71,969 shares. Tobam reported 927,372 shares. Blackrock has invested 0.05% in Newell Brands Inc. (NYSE:NWL). Winslow Evans & Crocker Inc reported 0% in Newell Brands Inc. (NYSE:NWL). Optimum Invest Advisors invested 0.01% in Newell Brands Inc. (NYSE:NWL). Srb reported 7,525 shares. Westpac has invested 0% in Newell Brands Inc. (NYSE:NWL). Sun Life holds 0% or 56 shares. Ibm Retirement Fund stated it has 0.05% of its portfolio in Newell Brands Inc. (NYSE:NWL). Usca Ria Ltd Liability Corporation has 0.1% invested in Newell Brands Inc. (NYSE:NWL). 27,090 are held by Salzhauer Michael. Axa, France-based fund reported 123,543 shares.

Among 21 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 12 Hold. Therefore 43% are positive. Newell Rubbermaid Inc. had 73 analyst reports since August 4, 2015 according to SRatingsIntel. Wells Fargo upgraded Newell Brands Inc. (NYSE:NWL) on Monday, April 16 to “Buy” rating. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 31. Forward View Consulting maintained Newell Brands Inc. (NYSE:NWL) on Monday, August 7 with “Buy” rating. Gabelli initiated the stock with “Buy” rating in Monday, February 8 report. The firm has “Hold” rating given on Thursday, November 2 by J.P. Morgan. The rating was downgraded by Raymond James to “Mkt Perform” on Tuesday, December 15. The company was reinitiated on Tuesday, November 15 by Wells Fargo. BMO Capital Markets maintained Newell Brands Inc. (NYSE:NWL) rating on Wednesday, August 8. BMO Capital Markets has “Market Perform” rating and $25 target. Wells Fargo maintained it with “Buy” rating and $3500 target in Sunday, June 3 report. As per Friday, February 12, the company rating was maintained by Oppenheimer.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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