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Trustmark National Bank Trust Department Raised Pepsico (PEP) Holding by $304,917; Magic Software Enterprises (MGIC) Shareholder Denver Investment Advisors Decreased Holding by $411,600 as Stock Value Rose

Denver Investment Advisors Llc decreased its stake in Magic Software Enterprises (MGIC) by 7.07% based on its latest 2017Q3 regulatory filing with the SEC. Denver Investment Advisors Llc sold 51,450 shares as the company’s stock rose 8.39% with the market. The hedge fund held 676,233 shares of the prepackaged software company at the end of 2017Q3, valued at $5.92M, down from 727,683 at the end of the previous reported quarter. Denver Investment Advisors Llc who had been investing in Magic Software Enterprises for a number of months, seems to be less bullish one the $375.93 million market cap company. The stock increased 1.81% or $0.15 during the last trading session, reaching $8.45. About 10,969 shares traded. Magic Software Enterprises Ltd. (NASDAQ:MGIC) has risen 25.56% since February 24, 2017 and is uptrending. It has outperformed by 8.86% the S&P500.

Trustmark National Bank Trust Department increased its stake in Pepsico Inc (PEP) by 6.33% based on its latest 2017Q3 regulatory filing with the SEC. Trustmark National Bank Trust Department bought 2,747 shares as the company’s stock rose 5.12% with the market. The institutional investor held 46,148 shares of the consumer non-durables company at the end of 2017Q3, valued at $5.14 million, up from 43,401 at the end of the previous reported quarter. Trustmark National Bank Trust Department who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $155.74B market cap company. The stock increased 0.38% or $0.42 during the last trading session, reaching $109.68. About 4.76M shares traded or 15.18% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 24, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

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

Trustmark National Bank Trust Department, which manages about $2.00 billion and $874.60M US Long portfolio, decreased its stake in Mastercard Inc (NYSE:MA) by 16,050 shares to 2,760 shares, valued at $390,000 in 2017Q3, according to the filing. It also reduced its holding in Chevron Corp (NYSE:CVX) by 5,885 shares in the quarter, leaving it with 51,638 shares, and cut its stake in Walt Disney Company (NYSE:DIS).

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 rating was maintained by BMO Capital Markets with “Hold” on Tuesday, July 11. The firm has “Buy” rating by Credit Suisse given on Friday, April 28. Evercore downgraded the stock to “In-Line” rating in Wednesday, February 14 report. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Hold” rating given on Thursday, January 4 by Jefferies. Susquehanna maintained PepsiCo, Inc. (NASDAQ:PEP) on Monday, February 12 with “Buy” rating. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Thursday, October 5. RBC Capital Markets has “Sector Perform” rating and $115 target. Stifel Nicolaus maintained it with “Buy” rating and $106 target in Wednesday, October 7 report. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $11500 target. JP Morgan maintained the shares of PEP in report on Wednesday, February 14 with “Overweight” rating. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Neutral” rating by Goldman Sachs on Tuesday, April 19.

Investors sentiment increased to 0.94 in 2017 Q3. 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. Excalibur Mgmt Corporation stated it has 2.22% in PepsiCo, Inc. (NASDAQ:PEP). Tci Wealth Advsr reported 16,261 shares. Eagle Ridge Investment reported 8,937 shares. Prudential Public Limited Company accumulated 1.22M shares or 0.43% of the stock. Clean Yield Group invested 0.86% in PepsiCo, Inc. (NASDAQ:PEP). Scholtz And Ltd Limited Liability Company has 0.35% invested in PepsiCo, Inc. (NASDAQ:PEP) for 4,050 shares. 71,231 were reported by First Midwest Bancorporation Division. Apg Asset Mgmt Nv reported 6.29M shares or 1.16% of all its holdings. Cadence Bancorp Na reported 11,539 shares. Dynamic Cap Management owns 0.09% invested in PepsiCo, Inc. (NASDAQ:PEP) for 2,911 shares. Dowling And Yahnke Limited Liability Corporation holds 0.71% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 62,586 shares. Guardian Investment holds 1.27% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 10,340 shares. Garrison Fincl stated it has 2.04% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Guardian Life Insur Of America has invested 0.06% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Callahan Ltd Liability Corp reported 1.91% in PepsiCo, Inc. (NASDAQ:PEP).

Denver Investment Advisors Llc, which manages about $9.81B and $2.04B US Long portfolio, upped its stake in Northwestern Corp by 56,347 shares to 328,284 shares, valued at $18.69M in 2017Q3, according to the filing. It also increased its holding in Methode Electronics Inc (NYSE:MEI) by 10,985 shares in the quarter, for a total of 385,749 shares, and has risen its stake in Silicon Motion Technol (NASDAQ:SIMO).

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