Barry Investment Advisors Has Decreased Intel (INTC) Holding by $769,444 as Stock Rose; Clarkston Capital Partners Cut Its Pepsico (PEP) Stake by $381,609

July 25, 2018 - By Megan Stone

Intel Corporation (NASDAQ:INTC) Logo

Clarkston Capital Partners Llc decreased its stake in Pepsico Inc (PEP) by 1.15% based on its latest 2018Q1 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 3,501 shares as the company’s stock declined 9.58% with the market. The institutional investor held 301,248 shares of the consumer non-durables company at the end of 2018Q1, valued at $32.88 million, down from 304,749 at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $162.41 billion market cap company. The stock increased 0.08% or $0.09 during the last trading session, reaching $114.83. About 1.89 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 14.65% since July 25, 2017 and is downtrending. It has underperformed by 27.22% the S&P500.

Barry Investment Advisors Llc decreased its stake in Intel Corp (INTC) by 5.47% based on its latest 2018Q1 regulatory filing with the SEC. Barry Investment Advisors Llc sold 14,797 shares as the company’s stock rose 12.89% while stock markets declined. The institutional investor held 255,513 shares of the semiconductors company at the end of 2018Q1, valued at $13.31 million, down from 270,310 at the end of the previous reported quarter. Barry Investment Advisors Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $243.00B market cap company. The stock decreased 0.07% or $0.035 during the last trading session, reaching $52.145. About 9.72 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 52.90% since July 25, 2017 and is uptrending. It has outperformed by 40.33% the S&P500. Some Historical INTC News: 08/05/2018 – EXCLUSIVE – COMPANIES INCLUDING AMAZON, INTEL AND AIRBUS VIE TO TAKE PART IN DRONE TESTS THAT U.S. WILL ANNOUNCE WEDNESDAY; 17/04/2018 – ICON Announces Agreement with Intel Allowing Integration of the lntelĀ® Pharma Analytics Platform for Clinical Trials; 26/04/2018 – Intel’s move beyond PC chips boosts revenues; 28/03/2018 – Samsung Dethrones Intel As Leader In Global Chip Sales — MarketWatch; 21/03/2018 – Hensel Phelps at Work on $13.5 Billion in Active Projects, Mostly for Tech Leaders Intel, Microsoft, an Industrial Info News Al; 08/05/2018 – INTEL CAPITAL REPORTS OVER $70M NEW INVESTMENTS IN 12 STARTUPS; 09/03/2018 – Intel downplays report of interest in Broadcom; 11/05/2018 – Intel Presenting at Bank of America Conference Jun 6; 08/05/2018 – Intel Exec Says Companies Need to Better Retain Diverse Talent; 08/05/2018 – DigiTimes: Intel reportedly suspends H310 supply on tight 14nm capacity

Clarkston Capital Partners Llc, which manages about $457.76M and $2.56 billion US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 959,565 shares to 3.51M shares, valued at $47.34 million in 2018Q1, according to the filing. It also increased its holding in United Parcel Service Inc (NYSE:UPS) by 6,330 shares in the quarter, for a total of 207,031 shares, and has risen its stake in Procter And Gamble Co (NYSE:PG).

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. Susquehanna maintained the stock with “Buy” rating in Monday, February 12 report. Nomura upgraded the stock to “Neutral” rating in Monday, November 23 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Wednesday, October 7 by UBS. Cowen & Co maintained it with “Buy” rating and $12800 target in Thursday, August 10 report. The firm has “Neutral” rating by Credit Suisse given on Friday, September 8. The firm has “In-Line” rating given on Wednesday, February 14 by Evercore. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, October 12 report. The rating was maintained by Credit Suisse on Friday, April 28 with “Buy”. As per Friday, April 27, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Jefferies given on Monday, September 18.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on October, 3. They expect $1.57 EPS, up 6.08% or $0.09 from last year’s $1.48 per share. PEP’s profit will be $2.22B for 18.29 P/E if the $1.57 EPS becomes a reality. After $1.61 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -2.48% negative EPS growth.

More important recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Benzinga.com which released: “Madison Square Garden Strikes Sponsorship Deal With Pepsi, Ending Century-Long Coke Partnership” on July 24, 2018, also Nasdaq.com published article titled: “Loop Industries helps make Gatorade Gx packaging more sustainable”, Nasdaq.com published: “PepsiCo, Inc. to Join the NASDAQ-100 Index Beginning July 23, 2018” on July 17, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) was released by: Streetinsider.com and their article: “PepsiCo (PEP) to Join NASDAQ-100, Replacing DISH (DISH)” with publication date: July 17, 2018.

Investors sentiment is 0.86 in Q1 2018. Its the same as in 2017Q4. It is the same, 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. Pictet Bancorp Tru Ltd reported 26,218 shares. Conning Incorporated has 404,517 shares for 1.42% of their portfolio. Logan Cap owns 65,322 shares. Girard Ltd has 0.8% invested in PepsiCo, Inc. (NASDAQ:PEP) for 31,491 shares. Brown Advisory stated it has 729,893 shares or 0.34% of all its holdings. Davenport & Ltd Limited Liability Company owns 834,795 shares or 0% of their US portfolio. Spears Abacus Advisors Limited Com accumulated 17,709 shares or 0.25% of the stock. Blair William Comm Il holds 0.24% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 307,014 shares. Intrust Savings Bank Na owns 48,800 shares. Cap Guardian invested in 13,500 shares. Woodstock Corp reported 106,775 shares. Co Of Toledo Na Oh owns 45,319 shares. 36,592 were accumulated by Raab And Moskowitz Asset Management. Natl Bank Of Hawaii holds 52,412 shares or 0.48% of its portfolio. American Research Mgmt Commerce stated it has 2.06% in PepsiCo, Inc. (NASDAQ:PEP).

Among 56 analysts covering Intel Corporation (NASDAQ:INTC), 34 have Buy rating, 5 Sell and 17 Hold. Therefore 61% are positive. Intel Corporation had 280 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of INTC in report on Friday, November 20 with “Sector Perform” rating. Deutsche Bank maintained the shares of INTC in report on Monday, March 21 with “Buy” rating. The firm has “Buy” rating given on Tuesday, July 25 by Susquehanna. The rating was maintained by Jefferies with “Buy” on Wednesday, October 14. The stock has “Sell” rating by Bernstein on Friday, October 27. The firm earned “Hold” rating on Monday, March 13 by Jefferies. The rating was downgraded by Credit Suisse on Wednesday, March 15 to “Neutral”. Deutsche Bank maintained the shares of INTC in report on Thursday, July 21 with “Buy” rating. Jefferies maintained Intel Corporation (NASDAQ:INTC) rating on Wednesday, July 5. Jefferies has “Hold” rating and $3800 target. Susquehanna maintained Intel Corporation (NASDAQ:INTC) rating on Tuesday, April 17. Susquehanna has “Buy” rating and $6200 target.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on July, 26 after the close. They expect $0.99 earnings per share, up 37.50% or $0.27 from last year’s $0.72 per share. INTC’s profit will be $4.61 billion for 13.17 P/E if the $0.99 EPS becomes a reality. After $0.87 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts 13.79% EPS growth.

Since January 29, 2018, it had 0 insider purchases, and 17 insider sales for $10.27 million activity. 1,010 Intel Corporation (NASDAQ:INTC) shares with value of $53,327 were sold by Shenoy Navin. $1.33M worth of Intel Corporation (NASDAQ:INTC) shares were sold by YOFFIE DAVID B. Krzanich Brian M sold $144,706 worth of stock. 20,000 shares were sold by HUNDT REED E, worth $1.07 million on Tuesday, May 8. $1.89M worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D. McBride Kevin Thomas sold $31,943 worth of stock.

Investors sentiment decreased to 0.76 in 2018 Q1. Its down 0.26, from 1.02 in 2017Q4. It is negative, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. First Dallas Securities reported 8,895 shares. Goelzer Inv Mgmt holds 0.05% or 8,622 shares. Moreover, Armstrong Henry H Associates has 4.84% invested in Intel Corporation (NASDAQ:INTC). Bnp Paribas Arbitrage Sa, a New York-based fund reported 2.15M shares. Azimuth Limited Liability Corp holds 1.23% or 321,709 shares in its portfolio. 61,185 are held by Aviance Partners Ltd Liability Corporation. Polaris Greystone Fincl Group Ltd Liability Corp has 0.01% invested in Intel Corporation (NASDAQ:INTC) for 3,328 shares. Chickasaw Cap Management Limited Liability Com has 0.07% invested in Intel Corporation (NASDAQ:INTC). 1.04 million are owned by South Dakota Inv Council. Baltimore holds 0.05% or 4,103 shares in its portfolio. Bridgecreek Inv Mngmt Llc accumulated 89,400 shares. Commercial Bank Of Nova Scotia has 0.05% invested in Intel Corporation (NASDAQ:INTC) for 7,888 shares. Great West Life Assurance Can reported 6.03 million shares. 3.84 million were accumulated by Services Automobile Association. Cetera Advsrs Limited Liability Corporation owns 126,062 shares.

Intel Corporation (NASDAQ:INTC) Institutional Positions Chart

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