Pepsico (PEP) Shareholder Ally Financial Has Boosted Its Holding; Echostar (SATS) Shareholder Glenhill Advisors Decreased Stake

February 22, 2018 - By Migdalia James

Ally Financial Inc increased its stake in Pepsico Inc (PEP) by 2677.78% based on its latest 2017Q3 regulatory filing with the SEC. Ally Financial Inc bought 24,100 shares as the company’s stock rose 5.12% with the market. The institutional investor held 25,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.79M, up from 900 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 bullish on the $155.35 billion market cap company. The stock increased 1.31% or $1.41 during the last trading session, reaching $109.41. About 3.40 million shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since February 22, 2017 and is uptrending. It has underperformed by 4.50% the S&P500.

Glenn J. Krevlin decreased its stake in Echostar Corp (SATS) by 1.67% based on its latest 2017Q3 regulatory filing with the SEC. Glenhill Advisors Llc sold 23,811 shares as the company’s stock rose 5.28% with the market. The hedge fund run by Glenn J. Krevlin held 1.40M shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $80.33M, down from 1.43 million at the end of the previous reported quarter. Glenhill Advisors Llc who had been investing in Echostar Corp for a number of months, seems to be less bullish one the $5.56B market cap company. The stock decreased 2.96% or $1.77 during the last trading session, reaching $58.08. About 162,967 shares traded or 25.57% up from the average. EchoStar Corporation (NASDAQ:SATS) has risen 47.96% since February 22, 2017 and is uptrending. It has outperformed by 31.26% the S&P500.

Since August 30, 2017, it had 0 buys, and 4 insider sales for $1.04 million activity. Another trade for 7,128 shares valued at $418,556 was sold by Johnson Anders N. 5,000 shares were sold by RAYNER DAVID, worth $292,500.

Glenhill Advisors Llc, which manages about $1.23 billion US Long portfolio, upped its stake in Air Prods & Chems Inc (NYSE:APD) by 119,092 shares to 573,671 shares, valued at $86.75M in 2017Q3, according to the filing. It also increased its holding in Commscope Hldg Co Inc (NASDAQ:COMM) by 68,875 shares in the quarter, for a total of 1.28 million shares, and has risen its stake in Cambrex Corp (NYSE:CBM).

Among 2 analysts covering Echostar (NASDAQ:SATS), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Echostar had 4 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Strong Sell” on Wednesday, August 12. Citigroup maintained EchoStar Corporation (NASDAQ:SATS) on Wednesday, August 17 with “Buy” rating. Jefferies maintained it with “Hold” rating and $69.5 target in Friday, December 1 report.

Investors sentiment increased to 1.1 in Q3 2017. Its up 0.24, from 0.86 in 2017Q2. It improved, as 19 investors sold SATS shares while 49 reduced holdings. 26 funds opened positions while 49 raised stakes. 42.39 million shares or 1.06% less from 42.84 million shares in 2017Q2 were reported. Voya Inv Mngmt Lc holds 0% of its portfolio in EchoStar Corporation (NASDAQ:SATS) for 13,218 shares. Qs Limited Liability reported 0% stake. Metropolitan Life invested in 0% or 1,414 shares. Amalgamated Bank holds 0.02% or 8,513 shares in its portfolio. Bnp Paribas Arbitrage Sa reported 0% in EchoStar Corporation (NASDAQ:SATS). 202,701 were accumulated by D E Shaw & Company. 683 Capital Mgmt Ltd Liability Corp has 129,926 shares. Moreover, Blackrock has 0.01% invested in EchoStar Corporation (NASDAQ:SATS) for 2.06 million shares. Utah Retirement reported 0.01% of its portfolio in EchoStar Corporation (NASDAQ:SATS). Citadel Advisors Limited Liability Com invested in 0.02% or 375,378 shares. Moreover, Wells Fargo & Co Mn has 0% invested in EchoStar Corporation (NASDAQ:SATS) for 129,575 shares. Huntington Bancshares has 0% invested in EchoStar Corporation (NASDAQ:SATS). Chesapeake Asset Mngmt Limited Liability Corporation holds 0.33% of its portfolio in EchoStar Corporation (NASDAQ:SATS) for 6,478 shares. Edgepoint Inv Group stated it has 708,918 shares or 0.61% of all its holdings. Vident Inv Advisory Lc reported 30,658 shares.

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 firm has “Neutral” rating by Credit Suisse given on Friday, September 8. The stock of PepsiCo, Inc. (NASDAQ:PEP) has “Buy” rating given on Tuesday, August 15 by Jefferies. On Monday, September 18 the stock rating was maintained by Jefferies with “Buy”. UBS maintained the stock with “Buy” rating in Friday, July 8 report. Goldman Sachs maintained the stock with “Neutral” rating in Tuesday, April 19 report. RBC Capital Markets maintained PepsiCo, Inc. (NASDAQ:PEP) rating on Friday, November 10. RBC Capital Markets has “Hold” rating and $115.0 target. Jefferies maintained the stock with “Buy” rating in Thursday, July 6 report. The company was maintained on Monday, January 8 by Cowen & Co. Jefferies downgraded the stock to “Hold” rating in Monday, October 2 report. The rating was upgraded by Nomura to “Neutral” on Monday, November 23.

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

Ally Financial Inc, which manages about $525.29M US Long portfolio, decreased its stake in United Parcel Service Inc (NYSE:UPS) by 50,000 shares to 10,000 shares, valued at $1.20M in 2017Q3, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 31,000 shares in the quarter, leaving it with 9,000 shares, and cut its stake in Alphabet Inc.

Investors sentiment increased to 0.94 in 2017 Q3. Its up 0.19, from 0.75 in 2017Q2. It improved, 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. Parthenon Limited Liability Co accumulated 102,988 shares or 2.71% of the stock. Mutual Of America Capital Management Ltd Limited Liability Company reported 213,098 shares stake. The North Carolina-based Kingfisher Capital Ltd Llc has invested 0.52% in PepsiCo, Inc. (NASDAQ:PEP). Sfmg Limited Co, Texas-based fund reported 2,771 shares. Rothschild Inv Corporation Il owns 10,826 shares. Annex Advisory Services Ltd Com stated it has 0.11% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Schnieders Mngmt Lc reported 41,687 shares. Lpl Finance Ltd Liability Corporation holds 396,475 shares. Pacad Invest Ltd invested 0.25% in PepsiCo, Inc. (NASDAQ:PEP). 33,829 are held by Psagot House. Saturna Corporation reported 496,555 shares stake. Fayez Sarofim has invested 1.67% in PepsiCo, Inc. (NASDAQ:PEP). Ohio-based Johnson Invest Counsel has invested 0.56% in PepsiCo, Inc. (NASDAQ:PEP). Puzo Michael J has invested 1.33% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Gam Holdings Ag reported 0.44% in PepsiCo, Inc. (NASDAQ:PEP).

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