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Gates Capital Management Position In Grace W R & Co Del New (GRA) Was Has Boosted; Pepsico (PEP) Shareholder Hrt Financial Has Boosted Its Holding by $1.21 Million as Stock Value Rose

Hrt Financial Llc increased its stake in Pepsico Inc (PEP) by 426.48% based on its latest 2017Q3 regulatory filing with the SEC. Hrt Financial Llc bought 10,918 shares as the company’s stock rose 5.12% with the market. The institutional investor held 13,478 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.50 million, up from 2,560 at the end of the previous reported quarter. Hrt Financial Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $155.17 billion market cap company. The stock decreased 2.70% or $3.03 during the last trading session, reaching $109.11. About 7.70M shares traded or 93.31% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 15, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Jeffrey Gates increased its stake in Grace W R & Co Del New (GRA) by 3.76% based on its latest 2017Q3 regulatory filing with the SEC. Gates Capital Management Inc bought 71,313 shares as the company’s stock declined 0.67% while stock markets rallied. The hedge fund run by Jeffrey Gates held 1.97 million shares of the major chemicals company at the end of 2017Q3, valued at $141.89 million, up from 1.90M at the end of the previous reported quarter. Gates Capital Management Inc who had been investing in Grace W R & Co Del New for a number of months, seems to be bullish on the $4.47 billion market cap company. The stock increased 1.69% or $1.1 during the last trading session, reaching $66. About 853,927 shares traded or 18.38% up from the average. W. R. Grace & Co. (NYSE:GRA) has declined 6.22% since February 15, 2017 and is downtrending. It has underperformed by 22.92% the S&P500.

Gates Capital Management Inc, which manages about $3.48 billion and $3.53B US Long portfolio, decreased its stake in Vista Outdoor Inc by 1.32M shares to 3.73 million shares, valued at $85.68 million in 2017Q3, according to the filing. It also reduced its holding in Hilton Worldwide Hldgs Inc by 16,275 shares in the quarter, leaving it with 2.02M shares, and cut its stake in Servicemaster Global Hldgs I (NYSE:SERV).

Among 15 analysts covering W. R. Grace & Co (NYSE:GRA), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. W. R. Grace & Co had 30 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Monness Crespi with “Buy” on Thursday, April 28. Jefferies downgraded the shares of GRA in report on Wednesday, November 30 to “Hold” rating. The stock of W. R. Grace & Co. (NYSE:GRA) has “Hold” rating given on Thursday, August 31 by Jefferies. Jefferies maintained it with “Hold” rating and $70 target in Friday, June 16 report. Robert W. Baird maintained the stock with “Buy” rating in Friday, February 9 report. Seaport Global maintained the stock with “Buy” rating in Monday, February 12 report. Jefferies maintained the shares of GRA in report on Wednesday, July 19 with “Hold” rating. The rating was upgraded by Seaport Global Securities to “Buy” on Tuesday, November 1. The stock of W. R. Grace & Co. (NYSE:GRA) has “” rating given on Wednesday, April 26 by Susquehanna. The firm has “Neutral” rating by Tigress Financial given on Monday, August 3.

Investors sentiment increased to 1.21 in 2017 Q3. Its up 0.50, from 0.71 in 2017Q2. It improved, as 21 investors sold GRA shares while 70 reduced holdings. 43 funds opened positions while 67 raised stakes. 56.37 million shares or 0.70% less from 56.77 million shares in 2017Q2 were reported. Blue Ridge Capital accumulated 1.31M shares. 148,828 were reported by California Public Employees Retirement Systems. Tocqueville Asset Mngmt LP reported 0.05% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Gotham Asset Mgmt Ltd Liability Company reported 77,914 shares. The Florida-based State Board Of Administration Of Florida Retirement System has invested 0.02% in W. R. Grace & Co. (NYSE:GRA). Tiemann Inv Advisors Lc stated it has 0.29% in W. R. Grace & Co. (NYSE:GRA). Point72 Asset Limited Partnership holds 905,520 shares. Deprince Race And Zollo has invested 0.04% of its portfolio in W. R. Grace & Co. (NYSE:GRA). Northern Trust owns 480,295 shares. 2,887 are held by Toronto Dominion Bancorp. British Columbia Investment Mngmt holds 0.02% or 28,820 shares. Canada Pension Plan Invest Board accumulated 66,000 shares. Hexavest Inc accumulated 0% or 2,055 shares. Jpmorgan Chase & has 104,892 shares. 43,522 were accumulated by Los Angeles Capital & Equity Rech Incorporated.

Hrt Financial Llc, which manages about $80.70M US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLY) by 8,677 shares to 2,303 shares, valued at $207,000 in 2017Q3, according to the filing.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 14 Hold. Therefore 36% are positive. PepsiCo has $140.0 highest and $81 lowest target. $116.43’s average target is 6.71% above currents $109.11 stock price. PepsiCo had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, March 23. BMO Capital Markets downgraded PepsiCo, Inc. (NASDAQ:PEP) rating on Wednesday, June 7. BMO Capital Markets has “Market Perform” rating and $120 target. On Friday, September 8 the stock rating was downgraded by Credit Suisse to “Neutral”. The company was initiated on Friday, September 16 by Credit Suisse. The rating was maintained by Susquehanna on Thursday, July 6 with “Buy”. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Overweight” rating by JP Morgan on Tuesday, March 21. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, June 29. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Friday, March 24 by RBC Capital Markets. As per Wednesday, February 14, the company rating was downgraded by Evercore. Cowen & Co maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Monday, January 8. Cowen & Co has “Buy” rating and $133.0 target.

Investors sentiment increased to 0.94 in Q3 2017. 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. Blackhill Inc holds 0.02% or 1,000 shares in its portfolio. 11,336 were accumulated by Northern Limited Liability. Proffitt And Goodson invested in 0.51% or 10,517 shares. Gyroscope Management Group Limited Co, a Florida-based fund reported 3,500 shares. 66,545 are held by Boston Common Asset Mngmt Ltd. Sky Grp Incorporated Limited Liability Corporation reported 3.02% in PepsiCo, Inc. (NASDAQ:PEP). Girard Prtn reported 32,921 shares or 0.76% of all its holdings. Hm Payson And holds 198,645 shares or 0.95% of its portfolio. Harbour Invest Management Limited Liability Company invested 1.69% in PepsiCo, Inc. (NASDAQ:PEP). Bragg Fincl Advsr owns 40,133 shares for 0.69% of their portfolio. 18,652 are owned by Ipswich Management. Maple Capital invested in 1.96% or 65,319 shares. Credit Agricole S A has 0.67% invested in PepsiCo, Inc. (NASDAQ:PEP) for 1.76 million shares. 205,531 are owned by Pax Ww Mngmt Lc. Cullen Frost Bankers invested 0.76% in PepsiCo, Inc. (NASDAQ:PEP).

Since October 10, 2017, it had 0 buys, and 1 insider sale for $2.37 million activity.

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