United American Securities Decreased By $322,728 Its Pepsico Com (PEP) Stake; Peoples United Financial (PBCT) Shorts Increased By 1.18%

May 27, 2018 - By Peter Hammer

People's United Financial, Inc. (NASDAQ:PBCT) Logo

Peoples United Financial Inc (NASDAQ:PBCT) had an increase of 1.18% in short interest. PBCT’s SI was 20.06M shares in May as released by FINRA. Its up 1.18% from 19.82 million shares previously. With 4.07 million avg volume, 5 days are for Peoples United Financial Inc (NASDAQ:PBCT)’s short sellers to cover PBCT’s short positions. The SI to Peoples United Financial Inc’s float is 5.95%. The stock decreased 0.64% or $0.12 during the last trading session, reaching $18.76. About 1.89 million shares traded. People's United Financial, Inc. (NASDAQ:PBCT) has risen 2.46% since May 27, 2017 and is uptrending. It has underperformed by 9.09% the S&P500.

United American Securities Inc decreased Pepsico Inc Com (PEP) stake by 2.03% reported in 2017Q4 SEC filing. United American Securities Inc sold 2,712 shares as Pepsico Inc Com (PEP)’s stock declined 9.24%. The United American Securities Inc holds 131,128 shares with $15.73 million value, down from 133,840 last quarter. Pepsico Inc Com now has $142.23B valuation. The stock increased 0.13% or $0.13 during the last trading session, reaching $100.31. About 5.32 million shares traded or 7.84% up from the average. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 27, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

PeopleÂ’s United Financial, Inc. operates as the bank holding firm for PeopleÂ’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company has market cap of $6.40 billion. The firm operates in two divisions, Commercial Banking and Retail Banking. It has a 19.34 P/E ratio. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services.

Among 12 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 2 have Buy rating, 1 Sell and 9 Hold. Therefore 17% are positive. People’s United Financial Inc had 32 analyst reports since July 20, 2015 according to SRatingsIntel. Jefferies maintained People's United Financial, Inc. (NASDAQ:PBCT) rating on Friday, September 22. Jefferies has “Hold” rating and $19.0 target. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, April 19. The rating was downgraded by PiperJaffray to “Underweight” on Wednesday, November 16. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Mkt Perform” rating given on Tuesday, December 20 by FBR Capital. As per Wednesday, August 16, the company rating was maintained by Piper Jaffray. As per Friday, April 20, the company rating was upgraded by PiperJaffray. Keefe Bruyette & Woods maintained People's United Financial, Inc. (NASDAQ:PBCT) rating on Thursday, August 10. Keefe Bruyette & Woods has “Hold” rating and $1900 target. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Hold” rating given on Thursday, June 8 by Keefe Bruyette & Woods. Piper Jaffray maintained People's United Financial, Inc. (NASDAQ:PBCT) rating on Tuesday, October 3. Piper Jaffray has “Sell” rating and $16.0 target. As per Tuesday, April 5, the company rating was downgraded by Morgan Stanley.

Another recent and important People's United Financial, Inc. (NASDAQ:PBCT) news was published by Nasdaq.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for ONEOK, People’s United Financial, Spirit Realty Capital …” on May 08, 2018.

Since January 22, 2018, it had 0 insider purchases, and 10 sales for $3.21 million activity. $186,930 worth of People's United Financial, Inc. (NASDAQ:PBCT) shares were sold by Carter George P. Franklin Jerry sold $85,617 worth of stock. $595,740 worth of stock was sold by Trautmann Robert E on Monday, January 29. $420,200 worth of People's United Financial, Inc. (NASDAQ:PBCT) was sold by BARNES JOHN P on Tuesday, February 13. $113,100 worth of People's United Financial, Inc. (NASDAQ:PBCT) was sold by Powlus Lee C. RICHARDS MARK W sold $128,960 worth of stock. 73,324 People's United Financial, Inc. (NASDAQ:PBCT) shares with value of $1.34M were sold by Longobardi Sara M.

Investors sentiment increased to 1.32 in 2017 Q4. Its up 0.02, from 1.3 in 2017Q3. It increased, as 22 investors sold People's United Financial, Inc. shares while 117 reduced holdings. 59 funds opened positions while 125 raised stakes. 255.33 million shares or 0.80% more from 253.31 million shares in 2017Q3 were reported. Voya Ltd Liability holds 0.01% or 178,208 shares. Tudor Investment Et Al stated it has 0.02% in People's United Financial, Inc. (NASDAQ:PBCT). Hightower Advsrs Limited Liability Com holds 0.06% or 410,407 shares in its portfolio. Raymond James Service Advsr, a Florida-based fund reported 187,093 shares. 45,757 were reported by Nomura Asset Management. Visionary Asset Mgmt invested in 154,875 shares or 0.81% of the stock. Virtu Finance Ltd Liability Company invested in 12,289 shares. 19,363 were accumulated by Neville Rodie Shaw. Whittier Co reported 7,000 shares. Gateway Inv Advisers Ltd Liability Com has invested 0% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT). Laffer invested in 76,945 shares or 0.36% of the stock. Wellington Mgmt Gru Limited Liability Partnership accumulated 0% or 406,724 shares. Contravisory Invest invested in 300 shares. Old Mutual Customised Solutions (Proprietary) Ltd accumulated 10,400 shares. Bnp Paribas Asset Mgmt Hldg holds 14,396 shares.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, October 5 by Credit Suisse. UBS maintained the stock with “Buy” rating in Wednesday, October 7 report. The firm has “Hold” rating by S&P Research given on Wednesday, October 7. The rating was maintained by Stifel Nicolaus on Friday, April 27 with “Hold”. The rating was maintained by Credit Suisse with “Buy” on Friday, April 28. The firm earned “Neutral” rating on Monday, November 23 by Nomura. The stock has “Hold” rating by Stifel Nicolaus on Thursday, April 14. The stock of PepsiCo, Inc. (NASDAQ:PEP) earned “Buy” rating by Jefferies on Thursday, June 22. The rating was maintained by Susquehanna with “Buy” on Thursday, July 6. The firm earned “Buy” rating on Friday, April 28 by BMO Capital Markets.

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. Albion Fincl Group Ut holds 3,430 shares or 0.06% of its portfolio. Old Savings Bank In invested in 0.46% or 73,896 shares. 597,056 were reported by Suntrust Banks. Moreover, Opus Invest Mngmt has 1.24% invested in PepsiCo, Inc. (NASDAQ:PEP). 20.36M are owned by Northern Corporation. Boston Common Asset Mgmt Ltd Com has invested 0.97% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Hussman Strategic Advsrs holds 0.86% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 25,000 shares. 70 are owned by Hillsdale Invest. Moody Fincl Bank Division accumulated 20,779 shares. Alpha Cubed Invests Limited Liability Corp stated it has 0.06% in PepsiCo, Inc. (NASDAQ:PEP). Baker Ellis Asset Mngmt Ltd stated it has 55,555 shares or 1.68% of all its holdings. Kbc Gp Nv accumulated 870,395 shares or 0.89% of the stock. Coho Ptnrs holds 1,833 shares or 0.01% of its portfolio. Hayek Kallen Inv Management reported 27,608 shares. Maryland-based Adams Diversified Equity Fund Inc has invested 1.49% in PepsiCo, Inc. (NASDAQ:PEP).

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “Why Is Pepsi At Its 52-Week Lows?” on May 23, 2018, also Seekingalpha.com with their article: “Bert’s Recent Buy: PepsiCo” published on May 06, 2018, Seekingalpha.com published: “Adding Pepsi At 52-Week Lows” on May 14, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: “PepsiCo expands offerings of healthier snacks with Bare Foods purchase” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Recent Stock Purchase May 2018” with publication date: May 23, 2018.

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on July, 10. They expect $1.52 EPS, up 1.33% or $0.02 from last year’s $1.5 per share. PEP’s profit will be $2.16 billion for 16.50 P/E if the $1.52 EPS becomes a reality. After $0.96 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts 58.33% EPS growth.

United American Securities Inc increased Southwest Airls Co Com (NYSE:LUV) stake by 12,395 shares to 100,345 valued at $6.57M in 2017Q4. It also upped Bank Of America Corporation Co (NYSE:BAC) stake by 74,700 shares and now owns 95,150 shares. Microsoft Corp Com (NASDAQ:MSFT) was raised too.

People's United Financial, Inc. (NASDAQ:PBCT) Institutional Positions Chart

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