KCM Investment Advisors LLC lowered its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 1.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,903 shares of the company’s stock after selling 130 shares during the quarter. KCM Investment Advisors LLC’s holdings in Dr Pepper Snapple Group were worth $629,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new stake in shares of Dr Pepper Snapple Group in the first quarter valued at about $113,000. Parallel Advisors LLC grew 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 valued at $110,000 after buying an additional 313 shares in the last quarter. Financial Architects Inc grew 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 valued at $121,000 after buying an additional 61 shares in the last quarter. Huntington National Bank grew its stake in shares of Dr Pepper Snapple Group by 51.8% in the second quarter. Huntington National Bank now owns 1,670 shares of the company’s stock valued at $152,000 after buying an additional 570 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Dr Pepper Snapple Group by 6.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,926 shares of the company’s stock valued at $175,000 after buying an additional 120 shares in the last quarter. Institutional investors and hedge funds own 90.36% of the company’s stock.

A number of research firms have recently issued reports on DPS. Susquehanna Bancshares Inc set a $92.00 target price on Dr Pepper Snapple Group and gave the company a “hold” rating in a research note on Saturday, May 27th. Zacks Investment Research upgraded Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research note on Tuesday, June 27th. Credit Suisse Group reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. BidaskClub upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $99.25.

In related 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 transaction, the insider now directly owns 16,913 shares in the company, valued at $1,564,621.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $91.12, for a total value of $701,624.00. Following the transaction, the insider now owns 6,053 shares in the company, valued at $551,549.36. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

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Shares of Dr Pepper Snapple Group, Inc (DPS) traded down 0.05% on Friday, reaching $91.54. The company had a trading volume of 1,672,944 shares. The firm has a market capitalization of $16.64 billion, a PE ratio of 21.95 and a beta of 0.61. The company has a 50-day moving average price of $91.21 and a 200-day moving average price of $92.94. Dr Pepper Snapple Group, Inc has a 52-week low of $81.05 and a 52-week high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last posted 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 business had revenue of $1.80 billion during 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 company’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.25 earnings per share. Equities research analysts forecast that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current fiscal year.

The firm also recently disclosed 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 of this dividend is Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.53%. Dr Pepper Snapple Group’s payout ratio is presently 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.

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

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