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Echo Street Capital Management Has Trimmed Holding in Pepsico (PEP) by $2.36 Million as Market Valuation Declined; As Huntsman (HUN) Valuation Declined, Shareholder Alpine Associates Management Lifted Its Stake

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Greg Poole decreased its stake in Pepsico Inc (PEP) by 8.36% based on its latest 2017Q4 regulatory filing with the SEC. Echo Street Capital Management Llc sold 19,823 shares as the company’s stock declined 9.24% with the market. The hedge fund run by Greg Poole held 217,429 shares of the consumer non-durables company at the end of 2017Q4, valued at $26.07M, down from 237,252 at the end of the previous reported quarter. Echo Street Capital Management Llc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $145.16 billion market cap company. The stock increased 1.10% or $1.11 during the last trading session, reaching $102.26. About 1.09 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since April 26, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Robert Emil Zoellner increased its stake in Huntsman Corp (HUN) by 61.15% based on its latest 2017Q4 regulatory filing with the SEC. Alpine Associates Management Inc bought 290,478 shares as the company’s stock declined 12.21% with the market. The hedge fund run by Robert Emil Zoellner held 765,478 shares of the major chemicals company at the end of 2017Q4, valued at $25.48 million, up from 475,000 at the end of the previous reported quarter. Alpine Associates Management Inc who had been investing in Huntsman Corp for a number of months, seems to be bullish on the $7.18B market cap company. The stock increased 0.10% or $0.03 during the last trading session, reaching $29.63. About 434,436 shares traded. Huntsman Corporation (NYSE:HUN) has risen 26.96% since April 26, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It worsened, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Westpac has invested 0.25% in PepsiCo, Inc. (NASDAQ:PEP). The Illinois-based Savant Cap Limited Liability has invested 0.43% in PepsiCo, Inc. (NASDAQ:PEP). Nbt Fincl Bank N A owns 98,968 shares. Roof Eidam & Maycock Adv reported 6,057 shares or 0.35% of all its holdings. Sigma Planning Corp has 35,157 shares. Argent Tru holds 1.06% or 22,647 shares. Excalibur Management accumulated 23,244 shares or 2.34% of the stock. Schwab Charles Investment, California-based fund reported 8.13M shares. Beck Mack Oliver Limited Liability Co reported 25,446 shares. 57,791 are owned by North Star Inv Mgmt. Fincl Bank holds 70,280 shares or 0.91% of its portfolio. Mufg Americas Holdings Corporation owns 284,641 shares. Bislett Mngmt Ltd Liability Company invested 8.35% in PepsiCo, Inc. (NASDAQ:PEP). Int Gru Inc Inc accumulated 784,766 shares. Sageworth Trust owns 45 shares or 0% of their US portfolio.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Deutsche Bank on Friday, July 8. Wells Fargo maintained PepsiCo, Inc. (NASDAQ:PEP) on Thursday, January 4 with “Hold” rating. As per Tuesday, April 19, the company rating was maintained by JP Morgan. The rating was maintained by Jefferies on Thursday, January 4 with “Hold”. The firm earned “Buy” rating on Thursday, March 23 by BMO Capital Markets. Goldman Sachs maintained PepsiCo, Inc. (NASDAQ:PEP) on Tuesday, April 19 with “Neutral” rating. The rating was maintained by RBC Capital Markets on Friday, March 24 with “Hold”. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Neutral” rating given on Thursday, October 5 by Credit Suisse. The rating was maintained by BMO Capital Markets on Tuesday, July 11 with “Hold”. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Overweight” rating by Barclays Capital on Tuesday, April 19.

Echo Street Capital Management Llc, which manages about $2.68B and $3.31 billion US Long portfolio, upped its stake in Lkq Corp (NASDAQ:LKQ) by 10,934 shares to 215,889 shares, valued at $8.78M in 2017Q4, according to the filing. It also increased its holding in Church & Dwight Inc (NYSE:CHD) by 266,838 shares in the quarter, for a total of 1.17 million shares, and has risen its stake in Thermo Fisher Scientific Inc (NYSE:TMO).

Alpine Associates Management Inc, which manages about $3.91 billion and $2.79 billion US Long portfolio, decreased its stake in Hsn Inc (NASDAQ:HSNI) by 407,483 shares to 125,036 shares, valued at $5.04M in 2017Q4, according to the filing. It also reduced its holding in Scripps Networks Interact In (NYSE:SNI) by 99,478 shares in the quarter, leaving it with 1.57M shares, and cut its stake in Orbital Atk Inc.

Among 14 analysts covering Huntsman Corporation (NYSE:HUN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Huntsman Corporation had 43 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Monday, February 12 with “Buy”. The company was maintained on Tuesday, September 29 by Macquarie Research. The company was maintained on Tuesday, October 17 by Jefferies. The firm has “Overweight” rating given on Thursday, October 15 by KeyBanc Capital Markets. Alembic maintained Huntsman Corporation (NYSE:HUN) rating on Monday, June 5. Alembic has “Buy” rating and $2800 target. The firm has “Buy” rating given on Monday, February 26 by SunTrust. The rating was maintained by Nomura on Tuesday, September 19 with “Buy”. The firm has “Neutral” rating by Instinet given on Tuesday, March 20. The stock of Huntsman Corporation (NYSE:HUN) has “Buy” rating given on Friday, October 27 by SunTrust. The stock of Huntsman Corporation (NYSE:HUN) has “Outperform” rating given on Thursday, September 28 by Wells Fargo.

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.27, from 0.91 in 2017Q3. It improved, as 39 investors sold HUN shares while 107 reduced holdings. 91 funds opened positions while 81 raised stakes. 170.92 million shares or 7.26% more from 159.36 million shares in 2017Q3 were reported. First Interstate State Bank holds 818 shares or 0.01% of its portfolio. Assetmark holds 11,279 shares. The Kansas-based Koch Indus Inc has invested 0.04% in Huntsman Corporation (NYSE:HUN). Systematic Lp reported 1.15 million shares. Automobile Association holds 0.02% or 216,512 shares. Zweig accumulated 252,953 shares or 0.91% of the stock. Goldentree Asset Management LP invested 1.06% in Huntsman Corporation (NYSE:HUN). Stone Ridge Asset Mngmt Ltd Limited Liability Company reported 11,202 shares. Glenmede Trust Na holds 0% or 1,968 shares. Cubist Systematic Strategies Llc invested in 0.03% or 19,279 shares. Alliancebernstein Ltd Partnership, New York-based fund reported 314,335 shares. Legal General Grp Plc invested in 228,544 shares. Malaga Cove Cap Llc owns 51,797 shares. Vnbtrust Association stated it has 7,600 shares. Sei owns 307,391 shares or 0.04% of their US portfolio.

Huntsman Corporation (NYSE:HUN) Institutional Positions Chart

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