As Entercom Communications (ETM) Market Valuation Declined, Holder Weber Alan W Has Trimmed Its Position by $614,970; Asset Management Group Lowered Its Pepsico (PEP) Holding by $1.19 Million

PepsiCo, Inc. (NASDAQ:PEP) Logo

Asset Management Group Inc decreased its stake in Pepsico (PEP) by 14.74% based on its latest 2019Q2 regulatory filing with the SEC. Asset Management Group Inc sold 9,119 shares as the company’s stock rose 0.45% . The institutional investor held 52,752 shares of the consumer non-durables company at the end of 2019Q2, valued at $6.92 million, down from 61,871 at the end of the previous reported quarter. Asset Management Group Inc who had been investing in Pepsico for a number of months, seems to be less bullish one the $190.11 billion market cap company. The stock increased 0.65% or $0.88 during the last trading session, reaching $136.34. About 1.02M shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 11.94% since December 4, 2018 and is uptrending. It has outperformed by 11.94% the S&P500. Some Historical PEP News: 20/04/2018 – DJ PepsiCo Inc, Inst Holders, 1Q 2018 (PEP); 23/03/2018 – VARUN BEVERAGES LTD – CONCLUDED ACQUISITION OF PEPSICO INDIA’S PREVIOUSLY FRANCHISED SUB TERRITORY IN JHARKHAND, MANUFACTURING UNIT AT JAMSHEDPUR; 18/04/2018 – PepsiCo Sees Sugarless Gatorade Refreshing Sports-Drink Demand; 26/04/2018 – PepsiCo: On Track to Achieve Financial Targets Set Out at Beginning of Year; 26/04/2018 – PEPSICO- CEO SAYS TEAM IS “MANIACALLY” FOCUSED ON GETTING NAB BUSINESS BACK TO TRACK IN 2H18, AND WILL SEQUENTIALLY IMPROVE EVERY QUARTER; 05/03/2018 Bundaberg Brewed Drinks And PepsiCo Announce Distribution Partnership As Non-Alcoholic Craft Beverage Market Continues Explosiv; 26/04/2018 – PepsiCo 1Q Asia, Middle East and North Africa Rev Up 7%; 26/04/2018 – PepsiCo 1Q Latin America Rev Up 14%; 25/05/2018 – PEPSICO FOODS CANADA ISSUES ONTARIO-ONLY VOLUNTARY RECALL OF SELECT RUFFLES® REGULAR FLAVOURED POTATO CHIPS DUE TO UNDISCLOSED MILK INGREDIENT; 25/05/2018 – PepsiCo gobbles up fruit and veggie chip maker Bare Snacks

Weber Alan W decreased its stake in Entercom Communications Corp (ETM) by 32.76% based on its latest 2019Q2 regulatory filing with the SEC. Weber Alan W sold 122,994 shares as the company’s stock declined 16.72% . The institutional investor held 252,406 shares of the broadcasting company at the end of 2019Q2, valued at $1.46M, down from 375,400 at the end of the previous reported quarter. Weber Alan W who had been investing in Entercom Communications Corp for a number of months, seems to be less bullish one the $671.66M market cap company. The stock increased 4.92% or $0.23 during the last trading session, reaching $5.01. About 985,630 shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 23.76% since December 4, 2018 and is downtrending. It has underperformed by 23.76% the S&P500. Some Historical ETM News: 08/03/2018 Entercom 4Q Rev $246.6M; 03/05/2018 – UNITED STATES TRAFFIC NETWORK – NEW DEAL INCLUDES EQUITY POSITION FOR ENTERCOM IN USTN; 15/05/2018 – Aristeia Capital LLC Exits Position in Entercom Comms; 08/05/2018 – ENTERCOM COMMUNICATIONS CORP – ANNOUNCED LAUNCH OF ENTERCOM AUDIO NETWORK; 03/05/2018 – ENTERCOM, UNIV. OF OREGON IN 4-YR BROADCAST RIGHTS PACT; 08/05/2018 – Entercom 1Q Loss/Shr 10c; 08/03/2018 – Entercom 4Q EPS $2.62; 08/05/2018 – Entercom 1Q Rev $300.6M; 23/04/2018 – DJ Entercom Communications Corp Class, Inst Holders, 1Q 2018 (ETM); 14/03/2018 – Philly.com: Radio giant Entercom looking to move HQ from Bala Cynwyd to Philly waterfront

Analysts await PepsiCo, Inc. (NASDAQ:PEP) to report earnings on February, 13 before the open. They expect $1.43 EPS, down 4.03% or $0.06 from last year’s $1.49 per share. PEP’s profit will be $1.99 billion for 23.84 P/E if the $1.43 EPS becomes a reality. After $1.56 actual EPS reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -8.33% negative EPS growth.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Nasdaq.com which released: “Notable Tuesday Option Activity: PEP, ALL, GNRC – Nasdaq” on November 26, 2019, also Nasdaq.com with their article: “U.S. Import Prices Fall 0.5% In October Amid Steep Drop In Fuel Prices – Nasdaq” published on November 15, 2019, Finance.Yahoo.com published: “‘Fast Money Halftime Report’ Traders Advise Viewers On Twilio, GE And More – Yahoo Finance” on December 03, 2019. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Nasdaq.com and their article: “A Diverse Slate of Games Drove Take-Two Interactive’s Second-Quarter Results – Nasdaq” published on November 16, 2019 as well as Nasdaq.com‘s news article titled: “Will Cord-Cutting Accelerate in 2020? – Nasdaq” with publication date: November 18, 2019.

Investors sentiment decreased to 0.78 in Q2 2019. Its down 0.16, from 0.94 in 2019Q1. It fall, as 43 investors sold PEP shares while 724 reduced holdings. 130 funds opened positions while 471 raised stakes. 963.17 million shares or 0.23% less from 965.36 million shares in 2019Q1 were reported. Loudon Mgmt Llc holds 1.29% or 11,633 shares in its portfolio. First Citizens Bank And Trust Company invested in 25,017 shares. Confluence Wealth Mngmt Ltd Com accumulated 0.25% or 3,888 shares. Illinois-based Citadel Ltd has invested 0% in PepsiCo, Inc. (NASDAQ:PEP). Cadinha Ltd Llc holds 8,470 shares or 0.2% of its portfolio. Bowen Hanes Inc has invested 0.31% in PepsiCo, Inc. (NASDAQ:PEP). Hartford Inv Mgmt Communications reported 0.68% in PepsiCo, Inc. (NASDAQ:PEP). Cleararc Capital reported 0.81% stake. United Asset Strategies reported 14,450 shares. Smith Chas P Assoc Pa Cpas holds 2.62% in PepsiCo, Inc. (NASDAQ:PEP) or 170,227 shares. Boston Family Office Ltd Llc accumulated 72,673 shares. Boltwood accumulated 10,137 shares. 92,217 were reported by Cobblestone Cap Advisors Ltd Liability Corporation Ny. Polaris Greystone Grp Inc Limited Liability owns 0.02% invested in PepsiCo, Inc. (NASDAQ:PEP) for 2,487 shares. Davy Asset Mgmt invested in 2.66% or 62,905 shares.

More notable recent Entercom Communications Corp. (NYSE:ETM) news were published by: Nasdaq.com which released: “Foreigners dump nearly $10 bln of South Africa assets in 2019 – Nasdaq” on December 04, 2019, also Seekingalpha.com with their article: “Insider Weekends: Trio Of AbbVie Insiders Buy Shares – Seeking Alpha” published on July 01, 2019, Seekingalpha.com published: “Argentina’s stocks among premarket losers after Macri’s defeat in primary vote – Seeking Alpha” on August 12, 2019. More interesting news about Entercom Communications Corp. (NYSE:ETM) were released by: Businesswire.com and their article: “Entercom Announces Launch of $300 Million Offering of Senior Secured Second-Lien Notes – Business Wire” published on April 22, 2019 as well as Nasdaq.com‘s news article titled: “Tech stocks: Should I stay or should I go? – Nasdaq” with publication date: November 11, 2019.

Since June 7, 2019, it had 3 insider buys, and 0 selling transactions for $4.19 million activity.

Investors sentiment decreased to 1.18 in Q2 2019. Its down 0.61, from 1.79 in 2019Q1. It fall, as 17 investors sold ETM shares while 48 reduced holdings. 23 funds opened positions while 54 raised stakes. 109.01 million shares or 0.11% less from 109.13 million shares in 2019Q1 were reported. Hightower Ltd invested in 124,878 shares. Moors Cabot has 0.16% invested in Entercom Communications Corp. (NYSE:ETM) for 218,380 shares. Alberta Invest Mgmt invested in 0.01% or 130,300 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 6,185 shares. Walleye Trading Ltd Limited Liability Company invested in 6,860 shares. Morgan Stanley accumulated 808,644 shares. Alliancebernstein Limited Partnership has 146,700 shares for 0% of their portfolio. Supplemental Annuity Collective Trust Of Nj, New Jersey-based fund reported 10,000 shares. 132 are owned by Camarda Fincl Ltd Liability. Cipher Capital LP owns 74,219 shares or 0.04% of their US portfolio. Blackrock Incorporated invested in 0% or 9.10 million shares. Voya Mngmt Ltd Llc owns 52,917 shares for 0% of their portfolio. Gp holds 78,632 shares or 0% of its portfolio. River Road Asset Mgmt Lc holds 0.15% or 1.35 million shares in its portfolio. Creative Planning holds 0% or 17,652 shares.

Entercom Communications Corp. (NYSE:ETM) Institutional Positions Chart

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