Public Sector Pension Investment Board Has Trimmed Its Pepsico (PEP) Position; Venbio Select Advisor Has Increased By $5.39 Million Its Aveo Pharmaceuticals (AVEO) Position

December 6, 2017 - By Clifton Ray

Venbio Select Advisor Llc increased Aveo Pharmaceuticals Inc (AVEO) stake by 68.42% reported in 2017Q2 SEC filing. Venbio Select Advisor Llc acquired 2.69M shares as Aveo Pharmaceuticals Inc (AVEO)’s stock declined 7.05%. The Venbio Select Advisor Llc holds 6.63M shares with $14.72M value, up from 3.94M last quarter. Aveo Pharmaceuticals Inc now has $405.52M valuation. The stock decreased 2.22% or $0.06 during the last trading session, reaching $2.64. About 1.44 million shares traded. AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) has declined 16.67% since December 6, 2016 and is downtrending. It has underperformed by 33.37% the S&P500.

Public Sector Pension Investment Board decreased Pepsico Inc (PEP) stake by 49.85% reported in 2017Q2 SEC filing. Public Sector Pension Investment Board sold 162,000 shares as Pepsico Inc (PEP)’s stock rose 5.12%. The Public Sector Pension Investment Board holds 162,980 shares with $18.82M value, down from 324,980 last quarter. Pepsico Inc now has $169.04B valuation. The stock increased 1.08% or $1.27 during the last trading session, reaching $118.86. About 2.00 million shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since December 6, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.09, from 0.84 in 2017Q1. It is negative, as 44 investors sold PEP shares while 778 reduced holdings. 117 funds opened positions while 502 raised stakes. 974.57 million shares or 0.37% less from 978.18 million shares in 2017Q1 were reported. 401,432 were accumulated by Atlanta Management Comm L L C. Thrivent Fincl For Lutherans owns 0.12% invested in Pepsico, Inc. (NYSE:PEP) for 253,995 shares. Monarch Cap Mgmt Inc owns 16,975 shares or 0.74% of their US portfolio. Jane Street Gp Ltd Limited Liability Company has 20,620 shares for 0.01% of their portfolio. Badgley Phelps Bell has invested 0.78% in Pepsico, Inc. (NYSE:PEP). New York-based Millennium Management has invested 0.14% in Pepsico, Inc. (NYSE:PEP). Moreover, Wendell David Associates Inc has 1.75% invested in Pepsico, Inc. (NYSE:PEP). Academy Capital Mngmt Tx, Texas-based fund reported 168,510 shares. 46,248 were reported by Carnegie Capital Asset Management Lc. Moreover, Reilly Financial Advisors Limited Liability Corp has 1.76% invested in Pepsico, Inc. (NYSE:PEP) for 99,599 shares. Verition Fund Ltd Company stated it has 2,344 shares or 0.03% of all its holdings. Ashford Mngmt invested in 6,491 shares. Burt Wealth stated it has 0.13% in Pepsico, Inc. (NYSE:PEP). Checchi Advisers Limited Liability stated it has 12,752 shares. Altavista Wealth Mgmt Inc has invested 2.85% in Pepsico, Inc. (NYSE:PEP).

Public Sector Pension Investment Board increased Schlumberger Ltd (NYSE:SLB) stake by 191,100 shares to 508,441 valued at $33.48M in 2017Q2. It also upped Fortis Inc (FRTSF) stake by 159,600 shares and now owns 823,893 shares. Centene Corp Del (NYSE:CNC) was raised too.

Analysts await Pepsico, Inc. (NYSE:PEP) to report earnings on February, 21. They expect $1.30 earnings per share, up 8.33% or $0.10 from last year’s $1.2 per share. PEP’s profit will be $1.85 billion for 22.86 P/E if the $1.30 EPS becomes a reality. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Among 19 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. PepsiCo had 57 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, July 8 the stock rating was maintained by UBS with “Buy”. The firm earned “Equal Weight” rating on Monday, January 9 by Barclays Capital. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, April 19 report. The firm has “Neutral” rating by Sterne Agee CRT given on Friday, February 26. Deutsche Bank maintained it with “Buy” rating and $120 target in Friday, July 8 report. The firm has “Hold” rating by RBC Capital Markets given on Friday, March 24. The stock has “Hold” rating by RBC Capital Markets on Tuesday, August 1. The stock has “Hold” rating by Stifel Nicolaus on Thursday, April 14. On Thursday, August 27 the stock rating was downgraded by Vetr to “Buy”. The stock has “Buy” rating by Jefferies on Monday, September 18.

Venbio Select Advisor Llc decreased Array Biopharma Inc (Call) (NASDAQ:ARRY) stake by 361,400 shares to 500,000 valued at $587,000 in 2017Q2. It also reduced Acadia Pharmaceuticals Inc (NASDAQ:ACAD) stake by 1.02M shares and now owns 614,200 shares. Tesaro Inc (NASDAQ:TSRO) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Clifton Ray




Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: