FDO Partners LLC purchased a new position in Dr Pepper Snapple Group Inc. (NYSE:DPS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 27,024 shares of the company’s stock, valued at approximately $2,391,000. Dr Pepper Snapple Group accounts for 1.0% of FDO Partners LLC’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DPS. Acrospire Investment Management LLC boosted its holdings in Dr Pepper Snapple Group by 100.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $109,000 after acquiring an additional 600 shares during the period. Parallel Advisors LLC boosted its holdings in Dr Pepper Snapple Group by 34.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after acquiring an additional 313 shares during the period. Amica Retiree Medical Trust purchased a new position in Dr Pepper Snapple Group in the 3rd quarter worth approximately $110,000. Sun Life Financial INC boosted its holdings in Dr Pepper Snapple Group by 13,360.0% in the 2nd quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock worth $123,000 after acquiring an additional 1,336 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Dr Pepper Snapple Group by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,926 shares of the company’s stock worth $175,000 after acquiring an additional 120 shares during the period. Hedge funds and other institutional investors own 91.13% of the company’s stock.

Shares of Dr Pepper Snapple Group Inc. (DPS) traded up $0.07 on Friday, hitting $90.26. The company’s stock had a trading volume of 1,497,234 shares, compared to its average volume of 1,183,930. Dr Pepper Snapple Group Inc. has a one year low of $83.23 and a one year high of $99.47. The firm has a market cap of $15,819.05, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 2.20 and a beta of 0.57. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93.

Dr Pepper Snapple Group (NYSE:DPS) last announced its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the company earned $1.17 earnings per share. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. analysts anticipate that Dr Pepper Snapple Group Inc. will post 4.54 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Thursday, December 14th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s payout ratio is 58.15%.

A number of research firms have weighed in on DPS. BidaskClub upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. BMO Capital Markets restated a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Macquarie began coverage on Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 price target for the company. Susquehanna Bancshares set a $89.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $99.45.

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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.

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

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