Universal Beteiligungs und Servicegesellschaft mbH Purchases 19,190 Shares of Keurig Dr Pepper, Inc $KDP

Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 2.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 962,691 shares of the company’s stock after acquiring an additional 19,190 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Keurig Dr Pepper were worth $31,827,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Rise Advisors LLC purchased a new stake in Keurig Dr Pepper in the first quarter worth $25,000. Chung Wu Investment Group LLC bought a new stake in shares of Keurig Dr Pepper during the 2nd quarter valued at $26,000. NewSquare Capital LLC grew its position in shares of Keurig Dr Pepper by 94.1% in the 2nd quarter. NewSquare Capital LLC now owns 796 shares of the company’s stock worth $26,000 after buying an additional 386 shares during the period. WPG Advisers LLC purchased a new stake in shares of Keurig Dr Pepper in the 1st quarter worth about $43,000. Finally, Private Trust Co. NA increased its stake in shares of Keurig Dr Pepper by 26.4% in the 2nd quarter. Private Trust Co. NA now owns 1,624 shares of the company’s stock worth $54,000 after acquiring an additional 339 shares in the last quarter. Hedge funds and other institutional investors own 93.99% of the company’s stock.

Keurig Dr Pepper Trading Down 0.6%

NASDAQ:KDP opened at $26.96 on Tuesday. The firm has a market capitalization of $36.63 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.62 and a quick ratio of 0.40. The business has a fifty day moving average price of $26.75 and a 200-day moving average price of $30.83. Keurig Dr Pepper, Inc has a one year low of $25.03 and a one year high of $36.12.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings data on Monday, October 27th. The company reported $0.54 EPS for the quarter, hitting the consensus estimate of $0.54. The firm had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.15 billion. Keurig Dr Pepper had a return on equity of 11.19% and a net margin of 9.78%.The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.51 earnings per share. Sell-side analysts forecast that Keurig Dr Pepper, Inc will post 1.92 EPS for the current year.

Keurig Dr Pepper Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Friday, September 26th were given a dividend of $0.23 per share. The ex-dividend date was Friday, September 26th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.4%. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 79.31%.

Insider Activity

In related news, Director Robert James Gamgort sold 7,601 shares of the business’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $35.91, for a total value of $272,951.91. Following the sale, the director directly owned 2,284,568 shares in the company, valued at approximately $82,038,836.88. The trade was a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

KDP has been the topic of a number of recent research reports. HSBC restated a “hold” rating and issued a $30.00 price objective (down previously from $42.00) on shares of Keurig Dr Pepper in a report on Tuesday, August 26th. UBS Group reiterated a “buy” rating and set a $35.00 price objective on shares of Keurig Dr Pepper in a research note on Tuesday, October 28th. Wells Fargo & Company increased their target price on Keurig Dr Pepper from $33.00 to $35.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 28th. BNP Paribas Exane lowered Keurig Dr Pepper from a “neutral” rating to an “underperform” rating in a research report on Monday, September 22nd. Finally, Hsbc Global Res lowered shares of Keurig Dr Pepper from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 26th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.27.

Keurig Dr Pepper Profile

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.