SG Americas Securities LLC raised its stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 67.1% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 34,478 shares of the company’s stock after buying an additional 13,844 shares during the period. SG Americas Securities LLC’s holdings in Dr Pepper Snapple Group were worth $3,050,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Acrospire Investment Management LLC grew its position in shares of Dr Pepper Snapple Group by 100.0% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock valued at $109,000 after acquiring an additional 600 shares during the period. Parallel Advisors LLC grew its position in shares of Dr Pepper Snapple Group by 34.9% during the 2nd 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. Financial Architects Inc grew its position in shares of Dr Pepper Snapple Group by 4.8% during the 2nd 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. Sun Life Financial INC grew its position in shares of Dr Pepper Snapple Group by 13,360.0% during the 2nd quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock valued at $123,000 after acquiring an additional 1,336 shares during the period. Finally, Huntington National Bank grew its position in shares of Dr Pepper Snapple Group by 51.8% during the 2nd 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. Institutional investors and hedge funds own 88.59% of the company’s stock.

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In other news, insider Angela A. Stephens sold 7,700 shares of Dr Pepper Snapple Group stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the sale, the insider now owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.58% of the stock is currently owned by insiders.

DPS has been the topic of a number of analyst reports. UBS AG raised their target price on Dr Pepper Snapple Group from $98.00 to $99.00 and gave the company a “neutral” rating in a research report on Friday, July 28th. Morgan Stanley dropped their target price on Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a research report on Thursday, October 26th. Macquarie started coverage on Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 price objective on the stock. BMO Capital Markets reiterated a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Finally, Wells Fargo & Company upgraded Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $99.45.

Dr Pepper Snapple Group, Inc (DPS) opened at $87.03 on Wednesday. The firm has a market capitalization of $15,748.64, a P/E ratio of 19.83, a PEG ratio of 2.19 and a beta of 0.57. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07. Dr Pepper Snapple Group, Inc has a twelve month low of $83.23 and a twelve month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The firm had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 EPS. research analysts predict that Dr Pepper Snapple Group, Inc will post 4.54 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s payout ratio is presently 58.15%.

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.

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

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