Fundsmith LLP maintained its position in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,601,159 shares of the company’s stock at the end of the second quarter. Dr Pepper Snapple Group accounts for 5.5% of Fundsmith LLP’s holdings, making the stock its 10th largest position. Fundsmith LLP owned about 1.94% of Dr Pepper Snapple Group worth $347,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DPS. Bowling Portfolio Management LLC increased its position in Dr Pepper Snapple Group by 6.5% in the second quarter. Bowling Portfolio Management LLC now owns 108,783 shares of the company’s stock valued at $10,512,000 after buying an additional 6,659 shares in the last quarter. Capital Fund Management S.A. increased its position in Dr Pepper Snapple Group by 51.5% in the second quarter. Capital Fund Management S.A. now owns 311,748 shares of the company’s stock valued at $30,124,000 after buying an additional 106,031 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in Dr Pepper Snapple Group by 2.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 920,538 shares of the company’s stock valued at $88,954,000 after buying an additional 21,113 shares in the last quarter. BB&T Corp increased its position in Dr Pepper Snapple Group by 385.6% in the second quarter. BB&T Corp now owns 182,997 shares of the company’s stock valued at $17,683,000 after buying an additional 145,312 shares in the last quarter. Finally, Bank of Montreal Can purchased a new position in Dr Pepper Snapple Group during the second quarter valued at about $194,014,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

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

Dr Pepper Snapple Group Inc. (NYSE:DPS) opened at 82.28 on Monday. The company has a market cap of $15.12 billion, a PE ratio of 17.86 and a beta of 0.55. Dr Pepper Snapple Group Inc. has a 12-month low of $81.05 and a 12-month high of $98.80. The firm’s 50-day moving average price is $87.90 and its 200-day moving average price is $92.43.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Thursday, October 27th. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.06. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.31 billion. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. Dr Pepper Snapple Group’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.08 earnings per share. Equities research analysts forecast that Dr Pepper Snapple Group Inc. will post $4.42 earnings per share for the current fiscal year.

DPS has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $102.00 target price for the company in a research report on Tuesday, September 20th. Stifel Nicolaus reiterated a “buy” rating and set a $102.00 target price on shares of Dr Pepper Snapple Group in a research report on Wednesday, October 5th. Credit Suisse Group AG set a $108.00 target price on shares of Dr Pepper Snapple Group and gave the company a “buy” rating in a research report on Tuesday, October 4th. Evercore ISI cut shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 4th. Finally, Susquehanna reiterated a “hold” rating and set a $99.00 target price on shares of Dr Pepper Snapple Group in a research report on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $97.54.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company’s products consist of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

5 Day Chart for NYSE:DPS

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