Tredje AP fonden Increases Position in Dr Pepper Snapple Group, Inc (DPS)

Tredje AP fonden increased its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 18.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,540 shares of the company’s stock after acquiring an additional 4,690 shares during the period. Tredje AP fonden’s holdings in Dr Pepper Snapple Group were worth $2,799,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Parallel Advisors LLC lifted its stake in Dr Pepper Snapple Group by 34.9% in the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after purchasing an additional 313 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in Dr Pepper Snapple Group in the first quarter worth $113,000. Financial Architects Inc lifted its stake in Dr Pepper Snapple Group by 4.8% in the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after purchasing an additional 61 shares during the last quarter. Huntington National Bank lifted its stake in Dr Pepper Snapple Group by 51.8% in the second quarter. Huntington National Bank now owns 1,670 shares of the company’s stock worth $152,000 after purchasing an additional 570 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Dr Pepper Snapple Group by 3.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,817 shares of the company’s stock worth $178,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 90.36% of the company’s stock.

Dr Pepper Snapple Group, Inc (DPS) opened at 91.52 on Friday. The company has a market capitalization of $16.63 billion, a P/E ratio of 21.95 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 52 week low of $81.05 and a 52 week high of $99.47. The stock’s 50 day moving average is $91.20 and its 200 day moving average is $93.03.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.28 by $0.03. The firm had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. Dr Pepper Snapple Group’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 EPS. On average, equities research analysts expect that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th will be issued a $0.58 dividend. The ex-dividend date is Wednesday, September 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.53%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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In other news, insider Angela A. Stephens sold 7,700 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela A. Stephens sold 3,160 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by company insiders.

Several research firms have weighed in on DPS. Jefferies Group LLC reissued a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research note on Thursday, July 6th. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a research note on Tuesday, June 27th. Royal Bank Of Canada reissued a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a research note on Friday, June 9th. Finally, Credit Suisse Group set a $107.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “buy” rating in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $99.64.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

Institutional Ownership by Quarter for Dr Pepper Snapple Group (NYSE:DPS)

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