Rgm Capital Has Increased Stake in Luminex (LMNX); Pepsico (PEP) Holder Ally Financial Has Decreased Stake

December 7, 2017 - By Linda Rogers

Ally Financial Inc decreased its stake in Pepsico Inc (PEP) by 97.43% based on its latest 2017Q2 regulatory filing with the SEC. Ally Financial Inc sold 34,100 shares as the company’s stock rose 5.12% with the market. The institutional investor held 900 shares of the consumer non-durables company at the end of 2017Q2, valued at $104,000, down from 35,000 at the end of the previous reported quarter. Ally Financial Inc who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $169.09B market cap company. The stock increased 1.11% or $1.31 during the last trading session, reaching $118.9. About 3.20 million shares traded. Pepsico, Inc. (NYSE:PEP) has risen 12.20% since December 7, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

Robert G. Moses increased its stake in Luminex Corp (LMNX) by 3.7% based on its latest 2017Q2 regulatory filing with the SEC. Rgm Capital Llc bought 100,382 shares as the company’s stock rose 13.48% with the market. The hedge fund run by Robert G. Moses held 2.82M shares of the medical and dental instruments company at the end of 2017Q2, valued at $59.47M, up from 2.72 million at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Luminex Corp for a number of months, seems to be bullish on the $905.32M market cap company. The stock decreased 0.05% or $0.01 during the last trading session, reaching $20.55. About 109,637 shares traded. Luminex Corporation (NASDAQ:LMNX) has risen 6.31% since December 7, 2016 and is uptrending. It has underperformed by 10.39% the S&P500.




Investors sentiment decreased to 0.75 in Q2 2017. Its down 0.09, from 0.84 in 2017Q1. It worsened, as 44 investors sold PEP shares while 778 reduced holdings. 117 funds opened positions while 502 raised stakes. 974.57 million shares or 0.37% less from 978.18 million shares in 2017Q1 were reported. Victory Cap Management Inc accumulated 186,919 shares. Amer Grp stated it has 0.33% of its portfolio in Pepsico, Inc. (NYSE:PEP). Nadler Grp has invested 0.24% in Pepsico, Inc. (NYSE:PEP). Mogy Joel R Counsel holds 2.46% or 124,133 shares in its portfolio. Glovista Invs Lc has invested 0.14% in Pepsico, Inc. (NYSE:PEP). Monetary Group has 14,870 shares for 0.7% of their portfolio. Modera Wealth Mngmt Lc reported 0.4% of its portfolio in Pepsico, Inc. (NYSE:PEP). Private Advisor Grp Inc Limited Liability Company reported 112,986 shares. Advisors Incorporated Ok reported 126,772 shares stake. Bp Public Limited Company holds 0.75% or 177,000 shares. Hoertkorn Richard Charles invested in 0.07% or 930 shares. Braun Stacey Assocs invested in 146,145 shares. Loeb Prtnrs owns 45,500 shares for 1.51% of their portfolio. West Coast Limited Liability holds 57,507 shares or 2.12% of its portfolio. Quantitative Investment Management Lc holds 0.06% of its portfolio in Pepsico, Inc. (NYSE:PEP) for 34,000 shares.

More notable recent Pepsico, Inc. (NYSE:PEP) news were published by: Nasdaq.com which released: “Pepsico, Inc. (PEP) Ex-Dividend Date Scheduled for November 30, 2017” on November 29, 2017, also Seekingalpha.com with their article: “Dividend Aristocrats In Focus Part 49: PepsiCo” published on November 24, 2017, Seekingalpha.com published: “Sand In My Shoes – Pepsi Is Pouring Dividends” on November 10, 2017. More interesting news about Pepsico, Inc. (NYSE:PEP) were released by: Forbes.com and their article: “Pepsico Stock A Dividend Growth Darling With Strong Corporate Governance …” published on November 08, 2017 as well as Benzinga.com‘s news article titled: “Domino’s, Pepsi, XLE: ‘Fast Money Halftime Report’ Final Picks For December 6” with publication date: December 06, 2017.

Analysts await Pepsico, Inc. (NYSE:PEP) to report earnings on February, 21. They expect $1.30 earnings per share, up 8.33% or $0.10 from last year’s $1.2 per share. PEP’s profit will be $1.85B for 22.87 P/E if the $1.30 EPS becomes a reality. After $1.48 actual earnings per share reported by Pepsico, Inc. for the previous quarter, Wall Street now forecasts -12.16% negative EPS growth.

Among 19 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. PepsiCo had 57 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Thursday, July 6. As per Wednesday, September 6, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, September 5 report. The firm earned “Hold” rating on Thursday, October 12 by Stifel Nicolaus. The stock of Pepsico, Inc. (NYSE:PEP) earned “Neutral” rating by Citigroup on Tuesday, April 19. As per Tuesday, July 21, the company rating was initiated by Sterne Agee CRT. Vetr downgraded Pepsico, Inc. (NYSE:PEP) on Thursday, August 27 to “Buy” rating. The stock of Pepsico, Inc. (NYSE:PEP) has “Buy” rating given on Thursday, July 6 by Susquehanna. Jefferies maintained Pepsico, Inc. (NYSE:PEP) rating on Thursday, June 22. Jefferies has “Buy” rating and $12700 target. Jefferies maintained Pepsico, Inc. (NYSE:PEP) rating on Monday, September 18. Jefferies has “Buy” rating and $133.0 target.

Ally Financial Inc, which manages about $504.59 million US Long portfolio, upped its stake in United Parcel Service Inc (NYSE:UPS) by 25,000 shares to 60,000 shares, valued at $6.64M in 2017Q2, according to the filing. It also increased its holding in Lowe’s Cos Inc (NYSE:LOW) by 7,000 shares in the quarter, for a total of 12,000 shares, and has risen its stake in Capital One Financial Corp (NYSE:COF).

More important recent Luminex Corporation (NASDAQ:LMNX) news were published by: Prnewswire.com which released: “Luminex Corporation Reports Third Quarter 2017 Financial Results” on October 30, 2017, also Seekingalpha.com published article titled: “Can Luminex Light The Way?”, Prnewswire.com published: “Luminex Corporation To Present At The 29th Annual Piper Jaffray Healthcare …” on November 14, 2017. More interesting news about Luminex Corporation (NASDAQ:LMNX) was released by: Prnewswire.com and their article: “Luminex Corporation Receives FDA Clearance for ARIES Group A Strep Assay” with publication date: October 31, 2017.

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