Rothschild Asset Management Inc. raised its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 11.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,359 shares of the company’s stock after buying an additional 932 shares during the period. Rothschild Asset Management Inc.’s holdings in Dr Pepper Snapple Group were worth $853,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DPS. Huntington National Bank boosted its position in shares of Dr Pepper Snapple Group by 5.4% in the first quarter. Huntington National Bank now owns 1,100 shares of the company’s stock worth $108,000 after buying an additional 56 shares during the period. Baystate Wealth Management LLC boosted its position in shares of Dr Pepper Snapple Group by 5.0% in the first quarter. Baystate Wealth Management LLC now owns 1,113 shares of the company’s stock worth $108,000 after buying an additional 53 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Dr Pepper Snapple Group during the first quarter worth $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 worth $121,000 after buying an additional 61 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Dr Pepper Snapple Group by 3.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,817 shares of the company’s stock worth $178,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 90.74% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 90.32 on Thursday. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $99.47. The stock’s 50 day moving average is $91.04 and its 200 day moving average is $93.16. The stock has a market cap of $16.41 billion, a P/E ratio of 21.66 and a beta of 0.60.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by $0.03. Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The company had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the previous year, the business posted $1.25 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts predict that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current fiscal year.

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A number of brokerages recently weighed in on DPS. Jefferies Group LLC restated a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Thursday, July 6th. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday, July 27th. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a report on Tuesday, June 27th. Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, June 9th. Finally, Barclays PLC reiterated a “hold” rating and set a $99.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, April 28th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. Dr Pepper Snapple Group presently has an average rating of “Hold” and a consensus target price of $99.64.

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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