Can Nelson Peltz Get Pepsico (PEP) to Split Up?
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Price: $128.63 +0.37%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
EPS Growth %: +0.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
EPS Growth %: +0.4%
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While Pepsico (NYSE: PEP) management has been adamant that the company won't break-up, investors are getting a feeling that this decision could change... with a little agitation.
Nelson Peltz's Trian Fund hedge released 13F for the quarter ended September 30, 2011 on Monday, showing a new 2,355,093 share position in the in the beverage and snake leader.
Peltz is famous for pushing management to make value-creating changes and some feel that is just what Pepsico needs.
Shares of Pepsico are up 2.4 percent Tuesday on hope that Peltz can make a difference with his new investment ~$150 million investment.
Nelson Peltz's Trian Fund hedge released 13F for the quarter ended September 30, 2011 on Monday, showing a new 2,355,093 share position in the in the beverage and snake leader.
Peltz is famous for pushing management to make value-creating changes and some feel that is just what Pepsico needs.
Shares of Pepsico are up 2.4 percent Tuesday on hope that Peltz can make a difference with his new investment ~$150 million investment.
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