PepsiCo, Inc. $PEP Shares Purchased by Delta Global Management LP

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Delta Global Management LP significantly increased its stake in PepsiCo, Inc. (NASDAQ:PEP) by 605.2% during the 3rd quarter, making it the fund’s 21st largest position. Other institutional investors also adjusted their holdings in PepsiCo, which currently has a consensus “Hold” rating from analysts with an average target price of $169.00. The company recently reported earnings that beat consensus estimates and declared a quarterly dividend of $1.4225 per share.

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