Confluence Wealth Management LLC held its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,715 shares of the company’s stock at the end of the 2nd quarter. Confluence Wealth Management LLC’s holdings in Dr Pepper Snapple Group were worth $266,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Chilton Investment Co. LLC acquired a new stake in Dr Pepper Snapple Group during the second quarter worth $21,943,000. Principal Financial Group Inc. increased its stake in Dr Pepper Snapple Group by 195.9% during the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock worth $110,203,000 after acquiring an additional 800,808 shares during the last quarter. Global Financial Private Capital LLC acquired a new stake in Dr Pepper Snapple Group during the first quarter worth $1,708,000. LS Investment Advisors LLC increased its stake in Dr Pepper Snapple Group by 7.8% during the second quarter. LS Investment Advisors LLC now owns 19,020 shares of the company’s stock worth $1,733,000 after acquiring an additional 1,379 shares during the last quarter. Finally, Hendley & Co. Inc. increased its stake in Dr Pepper Snapple Group by 33.5% during the second quarter. Hendley & Co. Inc. now owns 22,430 shares of the company’s stock worth $2,044,000 after acquiring an additional 5,630 shares during the last quarter. 89.98% of the stock is owned by institutional investors.

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In other news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $91.12, for a total transaction 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 legal filing with the SEC, which is available at this link. Also, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total value of $292,331.60. Following 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. Corporate insiders own 0.58% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE:DPS) traded down 0.85% on Friday, hitting $88.74. The stock had a trading volume of 1,360,930 shares. The firm has a market cap of $16.13 billion, a price-to-earnings ratio of 21.28 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The company’s 50-day moving average price is $91.26 and its 200 day moving average price is $92.90.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings data on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.03). The firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.25 earnings per share. Analysts expect that Dr Pepper Snapple Group, Inc will post $4.61 earnings per share for the current 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. The ex-dividend date is Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.61%. Dr Pepper Snapple Group’s payout ratio is 55.64%.

Several equities research analysts have issued reports on the company. Susquehanna Bancshares Inc set a $92.00 target price on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research note on Saturday, May 27th. Zacks Investment Research raised Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research note on Tuesday, June 27th. Credit Suisse Group reissued a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. BidaskClub raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $99.25.

Dr Pepper Snapple Group Company 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.

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

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