Federated Investors Inc. PA increased its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 11.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 531,702 shares of the company’s stock after buying an additional 54,249 shares during the period. Federated Investors Inc. PA owned about 0.29% of Dr Pepper Snapple Group worth $48,443,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. State Board of Administration of Florida Retirement System boosted its stake in Dr Pepper Snapple Group by 0.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 291,485 shares of the company’s stock worth $26,557,000 after buying an additional 2,222 shares during the period. Marshall Wace North America L.P. boosted its stake in Dr Pepper Snapple Group by 2,350.9% in the second quarter. Marshall Wace North America L.P. now owns 719,371 shares of the company’s stock worth $65,463,000 after buying an additional 690,020 shares during the period. Jennison Associates LLC boosted its stake in Dr Pepper Snapple Group by 67.1% in the second quarter. Jennison Associates LLC now owns 14,218 shares of the company’s stock worth $1,295,000 after buying an additional 5,709 shares during the period. Everence Capital Management Inc. boosted its stake in Dr Pepper Snapple Group by 221.5% in the second quarter. Everence Capital Management Inc. now owns 7,330 shares of the company’s stock worth $668,000 after buying an additional 5,050 shares during the period. Finally, BB&T Securities LLC boosted its stake in Dr Pepper Snapple Group by 177.2% in the second quarter. BB&T Securities LLC now owns 11,180 shares of the company’s stock worth $1,019,000 after buying an additional 7,147 shares during the period. 91.54% of the stock is owned by institutional investors.

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 91.93 on Wednesday. The firm’s 50-day moving average price is $90.78 and its 200 day moving average price is $93.20. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The stock has a market cap of $16.71 billion, a P/E ratio of 22.05 and a beta of 0.60.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by $0.03. The business had revenue of $1.80 billion for 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%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.25 EPS. Equities research analysts expect that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th will be issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Wednesday, September 13th. Dr Pepper Snapple Group’s payout ratio is 55.64%.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2017/08/23/federated-investors-inc-pa-has-48-44-million-position-in-dr-pepper-snapple-group-inc-dps.html.

A number of analysts have recently commented on the company. Jefferies Group LLC restated a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Thursday, July 6th. Susquehanna Bancshares Inc set a $96.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded 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 report on Tuesday, June 27th. Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Finally, Barclays PLC reiterated a “hold” rating and set a $99.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. Dr Pepper Snapple Group has a consensus rating of “Hold” and an average price target of $99.64.

In other news, insider Angela A. Stephens sold 3,160 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were 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 $1,564,621.63. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.58% of the company’s stock.

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)

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.