American International Group Maintains Stake in Occidental Petroleum (OXY); Associated Banc-Corp Holds Holding in Pepsico (PEP)

May 23, 2018 - By Kurt Siggers

PepsiCo, Inc. (NASDAQ:PEP) Logo

American International Group Inc increased its stake in Occidental Petroleum Corp (OXY) by 22.23% based on its latest 2017Q4 regulatory filing with the SEC. American International Group Inc bought 71,469 shares as the company’s stock declined 9.82% with the market. The institutional investor held 392,944 shares of the oil & gas production company at the end of 2017Q4, valued at $28.94 million, up from 321,475 at the end of the previous reported quarter. American International Group Inc who had been investing in Occidental Petroleum Corp for a number of months, seems to be bullish on the $64.66B market cap company. The stock decreased 0.60% or $0.51 during the last trading session, reaching $84.44. About 370,476 shares traded. Occidental Petroleum Corporation (NYSE:OXY) has risen 4.69% since May 23, 2017 and is uptrending. It has underperformed by 6.86% the S&P500.

Associated Banc-Corp increased its stake in Pepsico Inc (PEP) by 2.93% based on its latest 2017Q4 regulatory filing with the SEC. Associated Banc-Corp bought 5,589 shares as the company’s stock declined 9.24% with the market. The institutional investor held 196,318 shares of the consumer non-durables company at the end of 2017Q4, valued at $23.54 million, up from 190,729 at the end of the previous reported quarter. Associated Banc-Corp who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $141.50 billion market cap company. The stock decreased 0.13% or $0.13 during the last trading session, reaching $99.8. About 521,452 shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 23, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

Investors sentiment increased to 0.93 in Q4 2017. Its up 0.04, from 0.89 in 2017Q3. It is positive, as 51 investors sold OXY shares while 352 reduced holdings. 113 funds opened positions while 262 raised stakes. 613.25 million shares or 1.87% more from 602.00 million shares in 2017Q3 were reported. Wealthtrust invested in 108 shares. Hightower Advsr Lc reported 66,859 shares or 0.04% of all its holdings. Teacher Retirement Systems Of Texas holds 0.1% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 209,365 shares. Baldwin Brothers Incorporated Ma reported 255 shares. Amer Research Mgmt owns 13,798 shares or 0.31% of their US portfolio. 4,815 were reported by Stoneridge Investment Prtn Ltd Liability. Cibc World Mkts Inc has 49,041 shares for 0.02% of their portfolio. Monetary Mgmt Gp owns 100 shares for 0% of their portfolio. Keybank Association Oh accumulated 90,688 shares. Amica Mutual Ins stated it has 107,350 shares. Novare Capital Mgmt Ltd invested in 0.29% or 23,136 shares. Moreover, Paradigm Asset Mgmt Comm Ltd Liability Company has 0.06% invested in Occidental Petroleum Corporation (NYSE:OXY) for 2,800 shares. Dumont And Blake Invest accumulated 7,633 shares or 0.23% of the stock. Janney Montgomery Scott stated it has 81,446 shares. Moreover, Logan Management Inc has 0.02% invested in Occidental Petroleum Corporation (NYSE:OXY) for 3,315 shares.

Among 22 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. Occidental Petroleum Corporation had 93 analyst reports since August 3, 2015 according to SRatingsIntel. Bank of America downgraded the shares of OXY in report on Thursday, January 4 to “Neutral” rating. The company was upgraded on Wednesday, May 10 by JP Morgan. Jefferies downgraded the stock to “Hold” rating in Tuesday, January 12 report. The firm has “Hold” rating by Jefferies given on Thursday, June 22. The firm has “Outperform” rating by Scotia Capital given on Monday, May 21. The firm has “Sell” rating by Citigroup given on Friday, July 21. Mizuho maintained the stock with “Hold” rating in Tuesday, November 21 report. As per Thursday, August 24, the company rating was maintained by Piper Jaffray. The rating was downgraded by Tudor Pickering on Friday, November 6 to “Hold”. The rating was maintained by JP Morgan on Thursday, February 15 with “Neutral”.

American International Group Inc, which manages about $30.46B US Long portfolio, decreased its stake in Marriott International Cl A (NASDAQ:MAR) by 22,987 shares to 120,448 shares, valued at $16.35M in 2017Q4, according to the filing. It also reduced its holding in Terex Corp (NYSE:TEX) by 8,483 shares in the quarter, leaving it with 165,266 shares, and cut its stake in Toll Brothers Inc (NYSE:TOL).

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.08, from 0.94 in 2017Q3. It turned negative, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Woodstock Corp accumulated 107,600 shares or 2.38% of the stock. Sather Fin Group owns 61,506 shares for 1.84% of their portfolio. Advsrs Preferred Llc holds 3,297 shares or 0.17% of its portfolio. Palladium Partners Ltd Llc holds 1.02% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP) for 118,073 shares. Timber Creek Cap Mngmt Lc invested in 2.02% or 26,954 shares. 17,519 were reported by Rampart Mgmt Co Limited Co. One Mgmt Ltd Liability Com holds 0.15% or 6,119 shares in its portfolio. Wellington Management Ltd Liability Partnership reported 30.02M shares. Yhb Inv Advsr stated it has 2.22% in PepsiCo, Inc. (NASDAQ:PEP). Kepos Capital Lp holds 11,329 shares or 0.12% of its portfolio. Baillie Gifford And invested in 224,150 shares. International Sarl reported 0.15% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Patriot Wealth holds 41,517 shares or 0.71% of its portfolio. Evermay Wealth Mgmt Llc stated it has 24,783 shares or 1.09% of all its holdings. Blue Chip Partners Incorporated stated it has 0.91% in PepsiCo, Inc. (NASDAQ:PEP).

Associated Banc-Corp, which manages about $1.85B US Long portfolio, decreased its stake in Mastercard Incorporated (NYSE:MA) by 3,066 shares to 75,191 shares, valued at $11.38 million in 2017Q4, according to the filing. It also reduced its holding in Walgreens Boots Alliance Inc by 4,354 shares in the quarter, leaving it with 41,990 shares, and cut its stake in Celgene Corp (Put) (NASDAQ:CELG).

Occidental Petroleum Corporation (NYSE:OXY) Institutional Positions Chart

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