Freestone Capital Holdings LLC raised its holdings in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 10.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,157 shares of the company’s stock after buying an additional 3,598 shares during the period. Freestone Capital Holdings LLC’s holdings in Dr Pepper Snapple Group were worth $3,385,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Sheaff Brock Investment Advisors LLC raised its stake in Dr Pepper Snapple Group by 1.8% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 55,949 shares of the company’s stock valued at $5,098,000 after buying an additional 969 shares in the last quarter. Argent Trust Co raised its stake in Dr Pepper Snapple Group by 1.1% in the second quarter. Argent Trust Co now owns 5,048 shares of the company’s stock valued at $460,000 after buying an additional 55 shares in the last quarter. Ffcm LLC raised its stake in Dr Pepper Snapple Group by 7.8% in the second quarter. Ffcm LLC now owns 8,131 shares of the company’s stock valued at $741,000 after buying an additional 589 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its stake in Dr Pepper Snapple Group by 22.5% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 120,921 shares of the company’s stock valued at $11,017,000 after buying an additional 22,211 shares in the last quarter. Finally, Farr Miller & Washington LLC DC raised its stake in Dr Pepper Snapple Group by 0.8% in the second quarter. Farr Miller & Washington LLC DC now owns 23,040 shares of the company’s stock valued at $2,099,000 after buying an additional 175 shares in the last quarter. Institutional investors own 90.36% of the company’s stock.

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A number of analysts have weighed in on DPS shares. Cowen and Company restated a “hold” rating and issued a $96.00 price target on shares of Dr Pepper Snapple Group in a research note on Friday, July 14th. BidaskClub cut Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Jefferies Group LLC restated a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research note on Tuesday, August 1st. UBS AG raised their price target on Dr Pepper Snapple Group from $98.00 to $99.00 and gave the company a “neutral” rating in a research note on Friday, July 28th. Finally, Credit Suisse Group restated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. 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 company. Dr Pepper Snapple Group has a consensus rating of “Hold” and a consensus target price of $99.64.

Dr Pepper Snapple Group, Inc (DPS) opened at 92.08 on Thursday. The company’s 50 day moving average price is $91.17 and its 200-day moving average price is $93.05. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47. The stock has a market cap of $16.73 billion, a price-to-earnings ratio of 22.08 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last issued 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. The company 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 business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.25 EPS. On average, analysts forecast that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current year.

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

In related news, insider Angela A. Stephens sold 3,160 shares of the stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total transaction of $292,331.60. Following the sale, the insider now owns 16,913 shares in the company, valued at $1,564,621.63. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Angela A. Stephens sold 7,700 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total transaction of $701,624.00. Following the sale, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company’s stock.

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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