Comerica Bank reduced its stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,238 shares of the company’s stock after selling 280 shares during the period. Comerica Bank’s holdings in Dr Pepper Snapple Group were worth $6,020,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Burney Co. raised its position in shares of Dr Pepper Snapple Group by 0.7% in the fourth quarter. Burney Co. now owns 61,228 shares of the company’s stock valued at $5,552,000 after buying an additional 437 shares during the period. Commerzbank Aktiengesellschaft FI boosted its stake in Dr Pepper Snapple Group by 5.0% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 14,556 shares of the company’s stock valued at $1,320,000 after buying an additional 692 shares in the last quarter. Twin Capital Management Inc. boosted its stake in Dr Pepper Snapple Group by 2.5% in the fourth quarter. Twin Capital Management Inc. now owns 77,156 shares of the company’s stock valued at $6,996,000 after buying an additional 1,906 shares in the last quarter. Bessemer Group Inc. boosted its stake in Dr Pepper Snapple Group by 0.5% in the fourth quarter. Bessemer Group Inc. now owns 72,518 shares of the company’s stock valued at $6,574,000 after buying an additional 364 shares in the last quarter. Finally, ING Groep NV boosted its stake in Dr Pepper Snapple Group by 48.9% in the fourth quarter. ING Groep NV now owns 11,318 shares of the company’s stock valued at $1,029,000 after buying an additional 3,716 shares in the last quarter. 90.18% of the stock is owned by institutional investors.

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

Shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) opened at 94.07 on Friday. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $98.80. The firm’s 50-day moving average is $91.30 and its 200 day moving average is $90.38. The company has a market capitalization of $17.23 billion, a PE ratio of 20.72 and a beta of 0.55.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Tuesday, February 14th. The company reported $1.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by $0.02. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. Dr Pepper Snapple Group’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 EPS. Equities research analysts predict that Dr Pepper Snapple Group, Inc will post $4.71 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 5th. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.58 per share. The ex-dividend date is Friday, March 10th. This is a boost from Dr Pepper Snapple Group’s previous quarterly dividend of $0.53. This represents a $2.32 annualized dividend and a dividend yield of 2.47%. Dr Pepper Snapple Group’s dividend payout ratio is 45.99%.

“Dr Pepper Snapple Group, Inc (DPS) Shares Sold by Comerica Bank” was posted by Daily Political and is the property of of Daily Political. If you are reading this story on another site, it was illegally copied and republished in violation of United States and international copyright & trademark laws. The original version of this story can be read at http://www.dailypolitical.com/2017/02/17/dr-pepper-snapple-group-inc-dps-shares-sold-by-comerica-bank.html.

Several equities research analysts recently commented on DPS shares. Susquehanna Bancshares Inc reaffirmed a “hold” rating and issued a $98.00 price objective on shares of Dr Pepper Snapple Group in a research report on Thursday, October 27th. Zacks Investment Research cut shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating in a research report on Friday, November 11th. Jefferies Group LLC set a $95.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Wednesday, November 23rd. RBC Capital Markets set a $91.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Monday, January 2nd. Finally, Barclays PLC started coverage on shares of Dr Pepper Snapple Group in a research report on Monday, January 9th. They issued an “equal weight” rating and a $87.00 price objective on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $96.00.

In other news, insider Philip L. Hancock sold 11,819 shares of the stock in a transaction on Tuesday, December 6th. The shares were sold at an average price of $87.06, for a total transaction of $1,028,962.14. Following the completion of the sale, the insider now directly owns 15,531 shares in the company, valued at $1,352,128.86. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Martin M. Ellen sold 10,000 shares of the stock in a transaction on Wednesday, February 15th. The stock was sold at an average price of $92.96, for a total transaction of $929,600.00. Following the sale, the insider now owns 10,000 shares of the company’s stock, valued at $929,600. The disclosure for this sale can be found here. Corporate insiders own 0.62% of the company’s stock.

About Dr Pepper Snapple Group

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

Want to see what other hedge funds are holding DPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dr Pepper Snapple Group, Inc (NYSE:DPS).

Receive News & Ratings for Dr Pepper Snapple Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.