Connors Investor Services Lowered Its Pepsico (PEP) Position by $5.73 Million; Facebook (FB) Stock Price Declined While Hilton Capital Management Has Lowered Its Stake by $709,300

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Connors Investor Services Inc decreased its stake in Pepsico (PEP) by 19.05% based on its latest 2018Q3 regulatory filing with the SEC. Connors Investor Services Inc sold 51,600 shares as the company’s stock rose 2.31% while stock markets declined. The institutional investor held 219,208 shares of the consumer non-durables company at the end of 2018Q3, valued at $24.51 million, down from 270,808 at the end of the previous reported quarter. Connors Investor Services Inc who had been investing in Pepsico for a number of months, seems to be less bullish one the $159.47 billion market cap company. The stock decreased 0.04% or $0.04 during the last trading session, reaching $112.97. About 4.85 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 12, 2018 and is downtrending. It has underperformed by 0.46% the S&P500. Some Historical PEP News: 19/04/2018 – Hearthside Food buyout backed by US$1.645bn in loans; 25/05/2018 – Pepsi Acquires Healthy-snack Maker Bare Foods — MarketWatch; 09/03/2018 – PepsiCo Foundation and GENYOUth Partner to Conquer Hunger Among Students By Expanding “Grab-n-Go” School Breakfast Programs; 23/05/2018 – PepsiCo North America Nutrition and The Hatchery Chicago Partner to Further Innovation in the Food Industry; 28/03/2018 – RPT-Nestle, other food groups likely suitors for GSK’s Horlicks; 16/05/2018 – Laureate Education, Inc. Announces Appointment of Chief Human Resources Officer; 25/04/2018 – PepsiCo Bond Trading 34x Average; Clients Net Sellers; 26/04/2018 – PepsiCo 1Q Quaker Foods North America Rev $601M; 06/03/2018 – PEPSI-COLA PHILIPPINES SAYS STORAGE FEES SUBJECT TO NEGOTIATION; 31/05/2018 – PepsiCo Foundation Gives Grants to Charities in New Bern, North Carolina — “Birthplace” of Pepsi-Cola

Hilton Capital Management Llc decreased its stake in Facebook Inc (FB) by 28.02% based on its latest 2018Q3 regulatory filing with the SEC. Hilton Capital Management Llc sold 4,325 shares as the company’s stock declined 13.60% with the market. The hedge fund held 11,112 shares of the technology company at the end of 2018Q3, valued at $1.83M, down from 15,437 at the end of the previous reported quarter. Hilton Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $473.16B market cap company. The stock decreased 0.92% or $1.54 during the last trading session, reaching $165.79. About 7,350 shares traded. Facebook, Inc. (NASDAQ:FB) has declined 21.26% since February 12, 2018 and is downtrending. It has underperformed by 21.26% the S&P500. Some Historical FB News: 25/04/2018 – The Interpreter: Does Facebook Just Harbor Extremists? Or Does It Create Them?; 30/05/2018 – FB: The Federation Council decided to invite Facebook founder Mark Zuckerberg to one of his meetings to speak within the “expert hour”, his speech may touch upon such an important industry for the Russian economy as digitalization // RIA – ! $FB; 21/03/2018 – AP Business News: BREAKING: Facebook CEO Mark Zuckerberg admits mistakes, outlines steps to protect user data in light of; 27/03/2018 – Facebook is still suffering the fallout from the Cambridge Analytica data scandal; 25/04/2018 – MACRON SAYS COUNTRIES MUST FIND SMOOTH TRANSITION TO A LOW-CARBON ECONOMY; 21/03/2018 – The Little Regulator at the Heart of Facebook’s Big Data Dispute; 23/03/2018 – Facebook’s scandal is producing at least one thing to like: Thousands of jobs AI can’t handle; 11/04/2018 – Facebook CEO Faces Congress: Lawmaker Is Unconvinced About Smartphone Snooping; 27/03/2018 – Facebook and Cambridge Analytica whistleblower Christopher Wylie appears in front of UK lawmakers; 02/05/2018 – The Scotsman: BREAKING: Cambridge Analytica – the firm at the centre of the Facebook data-sharing scandal – has announced

Since August 13, 2018, it had 0 insider buys, and 49 sales for $444.31 million activity. Another trade for 4,761 shares valued at $671,777 was made by Wehner David M. on Thursday, November 15. Another trade for 3,125 shares valued at $509,438 was sold by FISCHER DAVID B.. On Thursday, December 27 the insider Sandberg Sheryl sold $7.27M. Zuckerberg Mark sold 217,549 shares worth $38.63 million. Shares for $6.87 million were sold by Schroepfer Michael Todd on Tuesday, August 14. $120,000 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Wednesday, October 3.

Among 57 analysts covering Facebook (NASDAQ:FB), 48 have Buy rating, 2 Sell and 7 Hold. Therefore 84% are positive. Facebook had 315 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, November 2 by Canaccord Genuity. The firm has “Outperform” rating given on Thursday, November 3 by Wells Fargo. The stock has “Buy” rating by Jefferies on Sunday, April 8. The firm has “Buy” rating given on Tuesday, March 27 by Raymond James. The firm has “Buy” rating given on Thursday, April 26 by Oppenheimer. Needham maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 27 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Wells Fargo on Tuesday, April 10. The firm earned “Buy” rating on Monday, March 26 by Canaccord Genuity. Barclays Capital maintained the shares of FB in report on Friday, July 13 with “Overweight” rating. The rating was maintained by Barclays Capital with “Overweight” on Thursday, November 2.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook Earnings: I Expect Profits To Decline In 2019 – Seeking Alpha” on January 31, 2019, also Investorplace.com with their article: “Why Facebook Stock Is (Still) Very Cheap – Investorplace.com” published on February 11, 2019, Seekingalpha.com published: “Facebook Q4 2018 Earnings Preview – Seeking Alpha” on January 29, 2019. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Facebook sheds gains alongside report alleging account fakery – Seeking Alpha” published on January 24, 2019 as well as Nasdaq.com‘s news article titled: “After Hours Most Active for Feb 11, 2019 : SNAP, BAC, ELAN, FDC, PFE, MGM, FOMX, EMB, FB, EBAY, JBLU, CELG – Nasdaq” with publication date: February 11, 2019.

Hilton Capital Management Llc, which manages about $589.79 million and $669.31M US Long portfolio, upped its stake in Sterling Bancorp (NYSE:STL) by 22,511 shares to 728,561 shares, valued at $16.03M in 2018Q3, according to the filing. It also increased its holding in Broadridge Financial Solutions (NYSE:BR) by 12,166 shares in the quarter, for a total of 224,445 shares, and has risen its stake in Schwab Short Term Us Treasury (Prn) (SCHO).

Investors sentiment increased to 1.13 in Q3 2018. Its up 0.04, from 1.09 in 2018Q2. It increased, as 123 investors sold FB shares while 598 reduced holdings. 154 funds opened positions while 661 raised stakes. 1.61 billion shares or 3.39% less from 1.66 billion shares in 2018Q2 were reported. Efg Asset Management (Americas) reported 16,485 shares. 11,121 were reported by Winfield Assocs Incorporated. Loring Wolcott & Coolidge Fiduciary Llp Ma owns 385,236 shares. Moreover, Inverness Counsel Limited Liability Company Ny has 1.99% invested in Facebook, Inc. (NASDAQ:FB). Peloton Wealth Strategists invested in 12,500 shares or 1.41% of the stock. Conning Inc holds 60,198 shares or 0.29% of its portfolio. Rafferty Asset Management Ltd Liability Co has invested 0.03% of its portfolio in Facebook, Inc. (NASDAQ:FB). Dubuque National Bank & Trust Tru holds 1.13% or 44,340 shares in its portfolio. Stratos Wealth Partners Ltd holds 0.53% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 71,696 shares. Capital Research Global Investors reported 2.88% in Facebook, Inc. (NASDAQ:FB). Vanguard Group Incorporated reported 172.43M shares stake. Guardian Capital Advisors Ltd Partnership owns 3,381 shares or 0.07% of their US portfolio. Hwg LP invested in 0% or 1 shares. Linscomb Williams Inc holds 6,153 shares. Connable Office Incorporated accumulated 20,125 shares or 0.64% of the stock.

Since October 4, 2018, it had 0 insider buys, and 4 insider sales for $22.66 million activity. Narasimhan Laxman also sold $587,364 worth of PepsiCo, Inc. (NASDAQ:PEP) shares. Shares for $1.29M were sold by Yawman David. $18.53 million worth of PepsiCo, Inc. (NASDAQ:PEP) shares were sold by Khan Mehmood.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.14, from 1.01 in 2018Q2. It is negative, as 43 investors sold PEP shares while 682 reduced holdings. 129 funds opened positions while 502 raised stakes. 952.72 million shares or 0.70% less from 959.39 million shares in 2018Q2 were reported. Mckinley Cap Management Ltd Delaware has 0.94% invested in PepsiCo, Inc. (NASDAQ:PEP) for 132,858 shares. Sfmg Lc holds 2,190 shares or 0.04% of its portfolio. Mackenzie Corporation accumulated 3.02 million shares. Ny State Teachers Retirement Sys holds 0.58% or 2.21M shares. Moreover, Eagle Advisors Ltd Liability has 0.13% invested in PepsiCo, Inc. (NASDAQ:PEP). Moreover, Kcm Investment Advsrs Limited Liability has 0.31% invested in PepsiCo, Inc. (NASDAQ:PEP) for 47,744 shares. Delta Mngmt Ltd Llc holds 2.27% in PepsiCo, Inc. (NASDAQ:PEP) or 33,467 shares. Altrinsic Glob Advsr, a Connecticut-based fund reported 349,235 shares. Rocky Mountain Advisers Ltd Co has 0.12% invested in PepsiCo, Inc. (NASDAQ:PEP) for 300 shares. Schulhoff And Com accumulated 21,708 shares. Viking Fund Mngmt Ltd Liability invested in 29,500 shares or 0.68% of the stock. Mitsubishi Ufj Trust & Banking, Japan-based fund reported 1.29 million shares. Capwealth Advsr Ltd Com owns 75,148 shares for 1.38% of their portfolio. Tcw Grp reported 947,283 shares. Whitnell And owns 26,232 shares.

Among 24 analysts covering PepsiCo (NYSE:PEP), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. PepsiCo had 81 analyst reports since July 21, 2015 according to SRatingsIntel. Sterne Agee CRT downgraded the stock to “Neutral” rating in Friday, February 26 report. As per Friday, September 30, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Thursday, March 23 by BMO Capital Markets. Susquehanna maintained it with “Positive” rating and $135 target in Friday, September 28 report. The rating was downgraded by Evercore to “In-Line” on Wednesday, February 14. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, June 7. The stock has “Sell” rating by Goldman Sachs on Tuesday, April 17. The rating was maintained by Jefferies on Thursday, June 22 with “Buy”. The firm earned “Hold” rating on Tuesday, July 11 by BMO Capital Markets. Credit Suisse maintained the stock with “Buy” rating in Friday, April 28 report.

Connors Investor Services Inc, which manages about $522.13M and $743.65 million US Long portfolio, upped its stake in Stryker (NYSE:SYK) by 12,040 shares to 48,269 shares, valued at $8.58M in 2018Q3, according to the filing. It also increased its holding in Chevron (NYSE:CVX) by 8,396 shares in the quarter, for a total of 77,625 shares, and has risen its stake in M&T Bank Corp (NYSE:MTB).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “IWV, PEP, ABBV, AMGN: ETF Outflow Alert – Nasdaq” on February 11, 2019, also Nasdaq.com with their article: “Why the Earnings Surprise Streak Could Continue for PepsiCo (PEP) – Nasdaq” published on January 23, 2019, Nasdaq.com published: “Pepsico, Inc. (PEP) Ex-Dividend Date Scheduled for December 06, 2018 – Nasdaq” on December 04, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “PepsiCo Breaks Above 200-Day Moving Average – Bullish for PEP – Nasdaq” published on January 18, 2019 as well as Nasdaq.com‘s news article titled: “Pepsi Earnings: What to Watch – Nasdaq” with publication date: February 11, 2019.

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