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Commercial Banks Fonder AB buys more PepsiCo shares; $1.48 dividend set

Pepsico logoPepsico
Sig1.22Sen-0.78Env0.00Soc0.00Gov+0.32

The firm increased its PepsiCo holding to 562,298 shares after buying more during the period. The stock also saw institutional ownership changes elsewhere, while Jefferies and Wells Fargo cut price targets and kept ratings. PepsiCo reported quarterly revenue up 6.4% and announced a quarterly dividend of $1.48 per share, payable Sept. 30 to shareholders of record Sept. 4.

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