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Fox Run Management L.L.C. Acquires Shares of 7,523 PepsiCo, Inc. $PEP
Fox Run Management L.L.C. recently acquired 7,523 shares of PepsiCo, Inc. (NASDAQ:PEP), valued at approximately $1,057,000, bringing institutional ownership to 73.07%. PepsiCo also declared a quarterly dividend of $1.4225 per share and announced a new $10 billion share buyback program. Analysts currently maintain a “Hold” rating on the stock with an average price target of $168.