Tobam raised its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 22.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 291,234 shares of the company’s stock after buying an additional 53,586 shares during the period. Tobam owned 0.16% of Dr Pepper Snapple Group worth $26,534,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DPS. Huntington National Bank raised its stake 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 last quarter. Parallel Advisors LLC raised its stake in shares of Dr Pepper Snapple Group by 34.9% in the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after buying an additional 313 shares during the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Dr Pepper Snapple Group during the first quarter worth approximately $113,000. Financial Architects Inc raised its stake 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 last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake 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 last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) opened at 90.34 on Friday. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 21.66 and a beta of 0.60. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The stock’s 50 day moving average price is $90.84 and its 200 day moving average price is $93.16.

Dr Pepper Snapple Group (NYSE:DPS) last issued 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 company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. Analysts expect that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th will be issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio is currently 55.64%.

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A number of equities research analysts have commented on DPS shares. BMO Capital Markets restated a “buy” rating and set a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. Jefferies Group LLC restated a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Thursday, July 6th. Zacks Investment Research upgraded Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research report on Tuesday, June 27th. Credit Suisse Group restated a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Finally, Susquehanna Bancshares Inc set a $96.00 price objective on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Dr Pepper Snapple Group has a consensus rating of “Hold” and an average target price of $99.64.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the sale, the insider now directly owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.58% of the company’s stock.

About Dr Pepper Snapple Group

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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