Resolution Capital LTD Upped Equity Residential (EQR) Stake; Teachers Insurance & Annuity Association Of America Has Cut Pepsico (PEP) Position

February 21, 2018 - By Stephen Andrade

Teachers Insurance & Annuity Association Of America decreased Pepsico Inc (PEP) stake by 17.68% reported in 2017Q3 SEC filing. Teachers Insurance & Annuity Association Of America sold 21,956 shares as Pepsico Inc (PEP)’s stock rose 5.12%. The Teachers Insurance & Annuity Association Of America holds 102,244 shares with $11.39M value, down from 124,200 last quarter. Pepsico Inc now has $155.45B valuation. The stock decreased 1.42% or $1.58 during the last trading session, reaching $109.48. About 3.84 million shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 21, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Resolution Capital Ltd increased Equity Residential (EQR) stake by 40.08% reported in 2017Q3 SEC filing. Resolution Capital Ltd acquired 415,345 shares as Equity Residential (EQR)’s stock rose 6.45%. The Resolution Capital Ltd holds 1.45M shares with $95.71 million value, up from 1.04M last quarter. Equity Residential now has $22.01B valuation. The stock decreased 0.57% or $0.33 during the last trading session, reaching $57.64. About 3.02M shares traded or 48.28% up from the average. Equity Residential (NYSE:EQR) has risen 2.77% since February 21, 2017 and is uptrending. It has underperformed by 13.93% the S&P500.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It improved, as 51 investors sold PEP shares while 689 reduced holdings. 106 funds opened positions while 593 raised stakes. 964.87 million shares or 1.00% less from 974.57 million shares in 2017Q2 were reported. Moreover, Argent Capital Mngmt Limited Liability Co has 0.87% invested in PepsiCo, Inc. (NASDAQ:PEP) for 202,815 shares. Roffman Miller Assoc Incorporated Pa accumulated 179,490 shares. 3,090 are held by Huntington Steele Limited Liability Corp. 50,137 are owned by Greenwood Capital Associate Limited Liability. Clear Harbor Asset Mngmt Lc stated it has 0.09% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). First Merchants Corporation has invested 1.28% in PepsiCo, Inc. (NASDAQ:PEP). Fincl & Inv Management Gru accumulated 0.23% or 6,194 shares. 5,605 are owned by Brick Kyle Assoc. Pittenger & Anderson invested in 54,062 shares or 0.55% of the stock. Cantab Prns Llp reported 0.23% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Seaward Mgmt Ltd Partnership invested in 300,756 shares. Hays Advisory holds 0.08% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 2,545 shares. Town & Country Bank & Trust & Co Dba First Bankers Co has invested 2.87% in PepsiCo, Inc. (NASDAQ:PEP). Poplar Forest Lc reported 7,760 shares. Winfield has 5,824 shares for 0.34% of their portfolio.

Teachers Insurance & Annuity Association Of America increased Kite Rlty Group Tr (NYSE:KRG) stake by 44,988 shares to 127,145 valued at $2.58M in 2017Q3. It also upped Crown Castle Intl Corp New (NYSE:CCI) stake by 35,522 shares and now owns 471,685 shares. Camden Ppty Tr (NYSE:CPT) was raised too.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, September 8 the stock rating was downgraded by Credit Suisse to “Neutral”. The firm has “Buy” rating by BMO Capital Markets given on Friday, April 28. The company was maintained on Friday, December 22 by Stifel Nicolaus. Cowen & Co maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Tuesday, July 11. Cowen & Co has “Buy” rating and $12800 target. The rating was maintained by RBC Capital Markets with “Hold” on Friday, November 10. On Wednesday, June 7 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. Citigroup maintained the shares of PEP in report on Tuesday, April 19 with “Neutral” rating. Nomura upgraded the stock to “Neutral” rating in Monday, November 23 report. Deutsche Bank maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Friday, July 8. Deutsche Bank has “Buy” rating and $120 target. As per Tuesday, August 15, the company rating was maintained by Jefferies.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on April, 25. They expect $0.94 earnings per share, 0.00% or $0.00 from last year’s $0.94 per share. PEP’s profit will be $1.33B for 29.12 P/E if the $0.94 EPS becomes a reality. After $1.31 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -28.24% negative EPS growth.

Since October 10, 2017, it had 0 buys, and 1 sale for $2.37 million activity. Shares for $2.37M were sold by Laguarta Ramon.

Among 25 analysts covering Equity Residential (NYSE:EQR), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Equity Residential had 80 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, July 3 the stock rating was maintained by Jefferies with “Hold”. The company was maintained on Monday, January 22 by SunTrust. As per Tuesday, January 30, the company rating was maintained by Jefferies. SunTrust initiated Equity Residential (NYSE:EQR) rating on Tuesday, July 21. SunTrust has “Neutral” rating and $81 target. The stock has “Neutral” rating by Citigroup on Wednesday, March 30. The stock of Equity Residential (NYSE:EQR) earned “Hold” rating by Deutsche Bank on Wednesday, August 10. Robert W. Baird maintained Equity Residential (NYSE:EQR) on Friday, November 10 with “Hold” rating. Mizuho maintained the shares of EQR in report on Friday, February 9 with “Buy” rating. The rating was downgraded by Janney Capital to “Neutral” on Tuesday, January 10. As per Friday, April 28, the company rating was maintained by Argus Research.

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.16, from 1.06 in 2017Q2. It dropped, as 32 investors sold EQR shares while 163 reduced holdings. 36 funds opened positions while 139 raised stakes. 339.97 million shares or 3.22% more from 329.35 million shares in 2017Q2 were reported. Great West Life Assurance Can reported 512,891 shares. Everence has 5,230 shares. Sandy Spring Natl Bank invested in 88 shares. Moreover, Heitman Real Estate Securities Ltd Limited Liability Company has 2.68% invested in Equity Residential (NYSE:EQR). Supplemental Annuity Collective Trust Of Nj, New Jersey-based fund reported 8,000 shares. Morgan Stanley reported 7.46 million shares or 0.15% of all its holdings. Ameriprise Fincl holds 0.01% or 195,035 shares in its portfolio. Tcw Group owns 0.14% invested in Equity Residential (NYSE:EQR) for 259,149 shares. Seabridge Invest Advisors Ltd Limited Liability Company stated it has 0.01% in Equity Residential (NYSE:EQR). Royal Fincl Bank Of Canada holds 0% or 77,188 shares in its portfolio. Presima Incorporated reported 0.27% of its portfolio in Equity Residential (NYSE:EQR). Moreover, Advisor Prtnrs Lc has 0.09% invested in Equity Residential (NYSE:EQR). Los Angeles Management & Equity Rech owns 0.34% invested in Equity Residential (NYSE:EQR) for 882,431 shares. Moreover, Enterprise Svcs Corporation has 0% invested in Equity Residential (NYSE:EQR). Adirondack Trust accumulated 0% or 50 shares.

Since August 23, 2017, it had 0 insider purchases, and 10 selling transactions for $1.72 million activity. On Wednesday, February 7 Brackenridge Alexander sold $47,651 worth of Equity Residential (NYSE:EQR) or 819 shares. 449 shares were sold by Fenster Scott, worth $26,124. NEITHERCUT DAVID J also sold $5.11 million worth of Equity Residential (NYSE:EQR) on Wednesday, August 23. Another trade for 7,355 shares valued at $427,929 was sold by Parrell Mark J.. 803 shares valued at $46,720 were sold by Manelis Michael L on Wednesday, February 7. Kaufman Ian had sold 684 shares worth $39,796. $52,247 worth of stock was sold by Altshuler Barry on Wednesday, February 7.

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