Boston Advisors LLC reduced its position in Dr Pepper Snapple Group Inc. (NYSE:DPS) by 21.3% during the second quarter, Holdings Channel reports. The institutional investor owned 338,064 shares of the company’s stock after selling 91,512 shares during the period. Dr Pepper Snapple Group accounts for approximately 0.8% of Boston Advisors LLC’s investment portfolio, making the stock its 22nd largest position. Boston Advisors LLC’s holdings in Dr Pepper Snapple Group were worth $32,667,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. FCM Investments TX bought a new position in Dr Pepper Snapple Group during the second quarter worth $135,000. Stuart Chaussee & Associates Inc. boosted its position in Dr Pepper Snapple Group by 113.9% in the second quarter. Stuart Chaussee & Associates Inc. now owns 1,465 shares of the company’s stock worth $140,000 after buying an additional 780 shares in the last quarter. Daiwa SB Investments Ltd. boosted its position in Dr Pepper Snapple Group by 8.5% in the second quarter. Daiwa SB Investments Ltd. now owns 1,920 shares of the company’s stock worth $181,000 after buying an additional 150 shares in the last quarter. BKD Wealth Advisors LLC bought a new position in Dr Pepper Snapple Group during the second quarter worth $230,000. Finally, Springbok Capital Management LLC boosted its position in Dr Pepper Snapple Group by 80.6% in the first quarter. Springbok Capital Management LLC now owns 2,782 shares of the company’s stock worth $249,000 after buying an additional 1,242 shares in the last quarter. Hedge funds and other institutional investors own 92.41% of the company’s stock.

Shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) traded up 0.66% on Thursday, reaching $92.00. The company had a trading volume of 1,068,114 shares. Dr Pepper Snapple Group Inc. has a 12 month low of $76.80 and a 12 month high of $98.80. The firm has a market capitalization of $17.06 billion, a PE ratio of 21.07 and a beta of 0.32. The company’s 50-day moving average is $93.84 and its 200 day moving average is $92.98.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $1.25 EPS for the quarter, beating the Zacks’ consensus estimate of $1.20 by $0.05. The business had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.68 billion. Dr Pepper Snapple Group had a return on equity of 37.43% and a net margin of 13.04%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 EPS. Equities analysts forecast that Dr Pepper Snapple Group Inc. will post $4.37 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Tuesday, September 13th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Friday, September 9th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is currently 48.51%.

A number of equities analysts have weighed in on the company. Wells Fargo & Co. restated a “market perform” rating and issued a $92.00 price target (up previously from $90.00) on shares of Dr Pepper Snapple Group in a report on Sunday, July 31st. Zacks Investment Research raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Tuesday, July 19th. Goldman Sachs Group Inc. cut their target price on Dr Pepper Snapple Group from $90.00 to $89.00 and set a “sell” rating on the stock in a research report on Wednesday, June 29th. Jefferies Group upped their target price on Dr Pepper Snapple Group from $101.00 to $104.00 and gave the company a “hold” rating in a research report on Thursday, July 28th. Finally, Deutsche Bank AG upped their target price on Dr Pepper Snapple Group from $95.00 to $97.00 and gave the company a “hold” rating in a research report on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $96.86.

In other Dr Pepper Snapple Group news, insider Martin M. Ellen sold 15,462 shares of the firm’s stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $96.63, for a total value of $1,494,093.06. Following the sale, the insider now owns 5,462 shares of the company’s stock, valued at approximately $527,793.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David Thomas sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, August 12th. The shares were sold at an average price of $97.20, for a total value of $194,400.00. Following the completion of the sale, the insider now directly owns 40,000 shares in the company, valued at approximately $3,888,000. The disclosure for this sale can be found here. 0.62% of the stock is owned by company insiders.

Dr Pepper Snapple Group Company Profile

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

5 Day Chart for NYSE:DPS

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