Old Mutual Global Investors UK Ltd. reduced its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 25.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 300,491 shares of the company’s stock after selling 104,010 shares during the quarter. Old Mutual Global Investors UK Ltd. owned about 0.17% of Dr Pepper Snapple Group worth $27,377,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Fundsmith LLP raised its position in shares of Dr Pepper Snapple Group by 0.5% in the 1st quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock valued at $521,824,000 after purchasing an additional 24,232 shares during the last quarter. Pictet Asset Management Ltd. raised its position in shares of Dr Pepper Snapple Group by 15.3% in the 1st quarter. Pictet Asset Management Ltd. now owns 241,603 shares of the company’s stock valued at $23,658,000 after purchasing an additional 32,008 shares during the last quarter. Chilton Investment Co. LLC purchased a new position in shares of Dr Pepper Snapple Group in the 2nd quarter valued at approximately $21,943,000. Trexquant Investment LP purchased a new position in shares of Dr Pepper Snapple Group in the 1st quarter valued at approximately $1,332,000. Finally, Global Financial Private Capital LLC purchased a new position in shares of Dr Pepper Snapple Group in the 1st quarter valued at approximately $1,708,000. 90.36% of the stock is owned by hedge funds and other institutional investors.

In other news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the sale, the insider now directly owns 6,053 shares in the company, valued at $551,549.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total value of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares in the company, valued at $1,564,621.63. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by corporate insiders.

DPS has been the subject of several research analyst reports. Morgan Stanley raised shares of Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 16th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Zacks Investment Research raised shares of 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. UBS AG increased their price objective on shares of 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. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. Dr Pepper Snapple Group presently has a consensus rating of “Hold” and an average price target of $99.64.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 92.005 on Thursday. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The firm has a market cap of $16.72 billion, a P/E ratio of 22.064 and a beta of 0.61. The company has a 50-day moving average of $91.17 and a 200 day moving average of $93.05.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 55.64%.

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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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