LSV Asset Management trimmed its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 63.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 283,824 shares of the company’s stock after selling 503,453 shares during the period. LSV Asset Management owned 0.16% of Dr Pepper Snapple Group worth $25,859,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in Dr Pepper Snapple Group during the 1st quarter valued at about $113,000. Parallel Advisors LLC lifted its stake in shares of Dr Pepper Snapple Group by 34.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after acquiring an additional 313 shares during the period. Financial Architects Inc lifted its stake in shares of Dr Pepper Snapple Group by 4.8% in the 2nd quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after acquiring an additional 61 shares during the period. Huntington National Bank lifted its stake in shares of Dr Pepper Snapple Group by 51.8% in the 2nd quarter. Huntington National Bank now owns 1,670 shares of the company’s stock worth $152,000 after acquiring an additional 570 shares during the period. Finally, Paloma Partners Management Co lifted its stake in shares of Dr Pepper Snapple Group by 103.5% in the 1st quarter. Paloma Partners Management Co now owns 2,138 shares of the company’s stock worth $209,000 after acquiring an additional 63,538 shares during the period. 90.36% of the stock is owned by hedge funds and other institutional investors.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction dated 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 transaction, the insider now owns 16,913 shares of the company’s stock, valued at $1,564,621.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the transaction, the insider now directly owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by insiders.

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DPS has been the subject of a number of research analyst reports. Credit Suisse Group set a $107.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “buy” rating in a research note on Thursday, July 27th. BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a research note on Wednesday, September 6th. Cowen and Company reaffirmed 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. Jefferies Group LLC reissued a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research note on Tuesday, August 1st. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Monday, May 15th. One 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 currently has a consensus rating of “Hold” and an average target price of $99.64.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 92.11 on Tuesday. The firm has a market cap of $16.74 billion, a price-to-earnings ratio of 22.09 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 1-year low of $81.05 and a 1-year high of $99.47. The firm has a 50-day moving average of $91.20 and a 200 day moving average of $93.00.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th will be paid a dividend of $0.58 per share. 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 payout ratio is 55.64%.

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.

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

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