Icon Advisers Inc. Co. held its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,100 shares of the company’s stock at the close of the 2nd quarter. Icon Advisers Inc. Co.’s holdings in Dr Pepper Snapple Group were worth $1,194,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of DPS. Parallel Advisors LLC boosted its position in shares of Dr Pepper Snapple Group by 34.9% in the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock valued at $110,000 after acquiring an additional 313 shares during the period. Meeder Asset Management Inc. bought a new stake in shares of Dr Pepper Snapple Group in the first quarter valued at approximately $113,000. Financial Architects Inc boosted its position in shares of Dr Pepper Snapple Group by 4.8% in the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock valued at $121,000 after acquiring an additional 61 shares during the period. Huntington National Bank boosted its position in shares of Dr Pepper Snapple Group by 51.8% in the second quarter. Huntington National Bank now owns 1,670 shares of the company’s stock valued at $152,000 after acquiring an additional 570 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Dr Pepper Snapple Group by 6.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,926 shares of the company’s stock valued at $175,000 after acquiring an additional 120 shares during the period. 90.36% of the stock is owned by institutional investors.

Dr Pepper Snapple Group, Inc (NYSE:DPS) opened at 91.54 on Friday. Dr Pepper Snapple Group, Inc has a 52 week low of $81.05 and a 52 week high of $99.47. The company has a 50 day moving average price of $91.21 and a 200-day moving average price of $92.94. The firm has a market capitalization of $16.64 billion, a price-to-earnings ratio of 21.95 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly 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 net margin of 11.73% and a return on equity of 38.28%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.25 earnings per share. Equities analysts predict that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current year.

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

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DPS has been the subject of several research reports. Jefferies Group LLC reissued a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Tuesday, August 1st. Credit Suisse Group set a $107.00 price objective on Dr Pepper Snapple Group and gave the company a “buy” rating in a research report on Thursday, July 27th. BMO Capital Markets reissued a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. Zacks Investment Research raised Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Tuesday, June 27th. Finally, Susquehanna Bancshares Inc set a $92.00 price objective on Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Saturday, May 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. Dr Pepper Snapple Group presently has an average rating of “Hold” and an average price target of $99.25.

In related news, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction on Friday, September 1st. The stock was 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 directly owns 6,053 shares in the company, valued at approximately $551,549.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total value 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 disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

Dr Pepper Snapple Group Profile

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.

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

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