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PepsiCo, Inc. $PEP Shares Purchased by National Bank of Canada FI
National Bank of Canada FI significantly increased its stake in PepsiCo, Inc. during the third quarter, purchasing an additional 878,651 shares to own a total of 3,237,657 shares. Other institutional investors also adjusted their holdings in PepsiCo, and the article discusses recent market sentiment and financial performance of the company, including its dividend announcement and share repurchase plan. Analyst ratings for PepsiCo are mixed, with a consensus “Hold” rating and an average target price of $169.00.