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Gofen & Glossberg Has Increased Its Pepsico (PEP) Holding by $535,353 as Share Price Rose; Federal Realty Invt Tr (FRT) Holder State Of New Jersey Common Pension Fund D Has Lowered Its Position as Shares Declined

Gofen & Glossberg Llc increased its stake in Pepsico (PEP) by 1.17% based on its latest 2017Q3 regulatory filing with the SEC. Gofen & Glossberg Llc bought 4,823 shares as the company’s stock rose 5.12% with the market. The institutional investor held 418,089 shares of the consumer non-durables company at the end of 2017Q3, valued at $46.59M, up from 413,266 at the end of the previous reported quarter. Gofen & Glossberg Llc who had been investing in Pepsico for a number of months, seems to be bullish on the $155.76B market cap company. The stock increased 1.57% or $1.7 during the last trading session, reaching $109.7. About 2.44 million shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 22, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

State Of New Jersey Common Pension Fund D decreased its stake in Federal Realty Invt Tr (FRT) by 8.09% based on its latest 2017Q3 regulatory filing with the SEC. State Of New Jersey Common Pension Fund D sold 5,000 shares as the company’s stock declined 10.71% while stock markets rallied. The institutional investor held 56,800 shares of the real estate investment trusts company at the end of 2017Q3, valued at $7.06M, down from 61,800 at the end of the previous reported quarter. State Of New Jersey Common Pension Fund D who had been investing in Federal Realty Invt Tr for a number of months, seems to be less bullish one the $8.45 billion market cap company. The stock increased 2.84% or $3.15 during the last trading session, reaching $114.26. About 125,429 shares traded. Federal Realty Investment Trust (NYSE:FRT) has declined 16.62% since February 22, 2017 and is downtrending. It has underperformed by 33.32% the S&P500.

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. The stock has “Overweight” rating by Barclays Capital on Tuesday, April 19. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Thursday, October 5. RBC Capital Markets has “Sector Perform” rating and $115 target. The rating was maintained by Jefferies on Monday, September 18 with “Buy”. The rating was downgraded by Stifel Nicolaus to “Hold” on Thursday, April 14. Jefferies maintained it with “Buy” rating and $13000 target in Thursday, July 6 report. The stock has “Buy” rating by Jefferies on Friday, September 30. The rating was maintained by RBC Capital Markets on Friday, March 24 with “Hold”. S&P Research maintained it with “Hold” rating and $103 target in Wednesday, October 7 report. The firm has “Equal Weight” rating given on Monday, January 9 by Barclays Capital. As per Wednesday, October 7, the company rating was maintained by RBC Capital Markets.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.19, from 0.75 in 2017Q2. It is positive, 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. Montrusco Bolton Investments Inc holds 0.38% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 63,791 shares. Davis R M Incorporated invested in 1.79% or 387,800 shares. Pennsylvania-based Pnc Financial Services Group Inc has invested 0.83% in PepsiCo, Inc. (NASDAQ:PEP). Moreover, Winch Advisory Svcs Limited Co has 0.03% invested in PepsiCo, Inc. (NASDAQ:PEP) for 406 shares. Nexus Investment Management holds 6,600 shares or 0.11% of its portfolio. Ww Asset Mngmt Incorporated has 143,197 shares for 0.53% of their portfolio. Nordea Investment Management Ab has invested 0.57% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Invest Advsr Limited Liability Co holds 0.41% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 53,918 shares. Jarislowsky Fraser, a Quebec – Canada-based fund reported 1.65 million shares. Calamos Wealth Ltd Company reported 65,524 shares. Meristem Ltd Liability Partnership has 3.39% invested in PepsiCo, Inc. (NASDAQ:PEP) for 75,791 shares. Advantus has invested 0.42% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Moody Financial Bank Tru Division stated it has 21,111 shares. Private Advisor Grp Lc, New Jersey-based fund reported 114,216 shares. Rockland Tru Co holds 142,017 shares.

Gofen & Glossberg Llc, which manages about $3.51 billion and $2.70B US Long portfolio, decreased its stake in Bb&T (NYSE:BBT) by 10,059 shares to 284,479 shares, valued at $13.35 million in 2017Q3, according to the filing. It also reduced its holding in Splunk (NASDAQ:SPLK) by 5,720 shares in the quarter, leaving it with 26,339 shares, and cut its stake in Ishares Barclays 1 (SHY).

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

State Of New Jersey Common Pension Fund D, which manages about $25.04 billion US Long portfolio, upped its stake in Jd Com Inc (NASDAQ:JD) by 70,102 shares to 678,507 shares, valued at $25.92 million in 2017Q3, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 100,000 shares in the quarter, for a total of 3.72M shares, and has risen its stake in Invitation Homes Inc.

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.37, from 0.89 in 2017Q2. It improved, as 19 investors sold FRT shares while 101 reduced holdings. 41 funds opened positions while 110 raised stakes. 67.06 million shares or 0.20% more from 66.93 million shares in 2017Q2 were reported. Jefferies Grp Limited Co holds 0.02% of its portfolio in Federal Realty Investment Trust (NYSE:FRT) for 20,372 shares. 35,055 are held by Retirement Systems Of Alabama. Aviva Public Lc invested in 45,419 shares or 0.03% of the stock. State Street Corporation holds 0.06% or 5.98M shares in its portfolio. Metropolitan Life Ins Ny owns 39,334 shares. Cadence Cap Mgmt Ltd Liability reported 6,155 shares. Pnc Gru accumulated 28,731 shares or 0% of the stock. Quantitative Systematic Strategies Ltd Liability owns 6,392 shares. Joel Isaacson Limited Liability Corporation, New York-based fund reported 8,385 shares. Moreover, Oregon Public Employees Retirement Fund has 0.02% invested in Federal Realty Investment Trust (NYSE:FRT). Resolution Capital Ltd, a Australia-based fund reported 546,450 shares. Liberty Mutual Gru Asset Inc holds 2,925 shares or 0.02% of its portfolio. Moreover, Cibc Markets Corporation has 0.01% invested in Federal Realty Investment Trust (NYSE:FRT). Texas Permanent School Fund holds 0.03% or 20,024 shares. Brown Advisory holds 0.01% in Federal Realty Investment Trust (NYSE:FRT) or 35,141 shares.

Since September 7, 2017, it had 0 insider buys, and 2 insider sales for $4.07 million activity. 21,814 Federal Realty Investment Trust (NYSE:FRT) shares with value of $2.86M were sold by BECKER DAWN M.

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