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Eaton Vance Management Lifted By $8.03 Million Its Pepsico (PEP) Stake; Medifast, Inc. (MED) Covered By 2 Bulls

Eaton Vance Management increased Pepsico Inc (PEP) stake by 2.91% reported in 2017Q3 SEC filing. Eaton Vance Management acquired 72,373 shares as Pepsico Inc (PEP)’s stock rose 5.12%. The Eaton Vance Management holds 2.56M shares with $285.42M value, up from 2.49 million last quarter. Pepsico Inc now has $169.02B valuation. The stock decreased 0.28% or $0.33 during the last trading session, reaching $118.85. About 2.25M shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since January 18, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Among 3 analysts covering Medifast (NYSE:MED), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Medifast had 7 analyst reports since August 10, 2015 according to SRatingsIntel. The company was upgraded on Monday, October 5 by Sidoti. The rating was initiated by Wunderlich on Friday, January 29 with “Hold”. Sidoti upgraded Medifast, Inc. (NYSE:MED) on Monday, January 11 to “Buy” rating. The stock has “Hold” rating by Zacks on Monday, August 10. The stock of Medifast, Inc. (NYSE:MED) has “Buy” rating given on Wednesday, August 16 by DA Davidson. Sidoti downgraded the stock to “Neutral” rating in Monday, November 30 report. The firm has “Buy” rating given on Friday, September 15 by DA Davidson. See Medifast, Inc. (NYSE:MED) latest ratings:

15/09/2017 Broker: DA Davidson Rating: Buy Old Target: $65 New Target: $74 Maintain
16/08/2017 Broker: DA Davidson Rating: Buy New Target: $65.0 Initiate

Investors sentiment decreased to 1 in Q3 2017. Its down 0.11, from 1.11 in 2017Q2. It worsened, as 15 investors sold Medifast, Inc. shares while 60 reduced holdings. 31 funds opened positions while 44 raised stakes. 10.20 million shares or 2.70% less from 10.48 million shares in 2017Q2 were reported. Mutual Of America Management Ltd Liability holds 0% or 1,735 shares. X Lc has invested 0% in Medifast, Inc. (NYSE:MED). Citadel Ltd Liability Company accumulated 13,002 shares or 0% of the stock. Invesco Ltd owns 242,025 shares or 0.01% of their US portfolio. Mufg Americas Holdg Corporation has 88 shares for 0% of their portfolio. American Century Inc invested in 0.02% or 301,115 shares. State Of Tennessee Treasury Department has 0% invested in Medifast, Inc. (NYSE:MED). Renaissance Technology Ltd Com has invested 0.07% in Medifast, Inc. (NYSE:MED). First Quadrant Ltd Partnership Ca invested in 0.01% or 11,695 shares. Northwestern Mutual Wealth Mgmt, a Wisconsin-based fund reported 5 shares. Commercial Bank Of Montreal Can accumulated 712 shares. Virginia Retirement Sys Et Al reported 23,100 shares. Ls Invest Advisors Limited holds 0% of its portfolio in Medifast, Inc. (NYSE:MED) for 383 shares. Ny State Teachers Retirement System holds 0% or 11,336 shares. Hillsdale Invest Inc holds 0.02% or 1,600 shares in its portfolio.

The stock decreased 1.87% or $1.37 during the last trading session, reaching $72.03. About 18,424 shares traded. Medifast, Inc. (NYSE:MED) has risen 25.81% since January 18, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

Medifast, Inc., through its subsidiaries, produces, distributes, and sells weight loss, weight management, healthy living products, and other consumable health and diet products. The company has market cap of $859.58 million. The firm offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, eggs, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape For Life, Flavors of Home, and Essential 1 brands, as well as Dual Fuel, a sports nutrition pilot program. It has a 35.47 P/E ratio. It also provides meal replacements comprising vitamins and minerals; and hydration products, as well as other nutrients for health purposes.

Among 20 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. PepsiCo had 62 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, March 23. On Wednesday, June 29 the stock rating was maintained by Goldman Sachs with “Neutral”. The company was maintained on Thursday, January 4 by Wells Fargo. The firm earned “Buy” rating on Friday, April 28 by BMO Capital Markets. The rating was downgraded by Credit Suisse to “Neutral” on Friday, September 8. The firm has “Neutral” rating by Sterne Agee CRT given on Friday, February 26. The rating was maintained by Jefferies on Thursday, July 6 with “Buy”. Cowen & Co maintained it with “Buy” rating and $133.0 target in Monday, January 8 report. The firm has “Buy” rating given on Thursday, July 6 by Susquehanna. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, October 5.

Since August 7, 2017, it had 0 insider buys, and 2 selling transactions for $7.21 million activity. The insider Laguarta Ramon sold 21,449 shares worth $2.37M. $4.84 million worth of stock was sold by Gallagher Marie T. on Monday, August 7.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2. It increased, 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. Clear Harbor Asset Limited Company owns 4,159 shares for 0.09% of their portfolio. Gradient Invs Lc reported 2,165 shares. Psagot Invest House invested in 33,829 shares or 0.16% of the stock. Moreover, Proffitt & Goodson has 0.51% invested in Pepsico, Inc. (NASDAQ:PEP) for 10,517 shares. Aviance Cap Mgmt Limited Liability Co has 878 shares for 0.01% of their portfolio. 33,661 were reported by Thompson Inv Mngmt Incorporated. Chatham Gru has 0.9% invested in Pepsico, Inc. (NASDAQ:PEP) for 28,535 shares. Sentry Invs accumulated 3,000 shares or 0% of the stock. Marietta Partners Limited Liability reported 0.84% stake. 25,000 are held by Hussman Strategic Advsrs. Murphy Pohlad Asset Management Limited invested 1.31% of its portfolio in Pepsico, Inc. (NASDAQ:PEP). Warren Averett Asset Management Ltd Liability Com holds 6,295 shares. Skba Capital Limited Com owns 120,890 shares or 1.94% of their US portfolio. Ontario Teachers Pension Plan Board holds 0.13% in Pepsico, Inc. (NASDAQ:PEP) or 89,602 shares. Greenleaf accumulated 115,291 shares.

Eaton Vance Management decreased Pinnacle West Cap Corp (NYSE:PNW) stake by 105,168 shares to 13,120 valued at $1.11 million in 2017Q3. It also reduced Proofpoint Inc (NASDAQ:PFPT) stake by 160,396 shares and now owns 13,016 shares. Priceline Grp Inc (NASDAQ:PCLN) was reduced too.

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