Sawgrass Asset Management LLC grew its holdings in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 19.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 359,248 shares of the company’s stock after purchasing an additional 59,610 shares during the period. Sawgrass Asset Management LLC owned about 0.20% of Dr Pepper Snapple Group worth $32,731,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Acrospire Investment Management LLC increased its stake in shares of Dr Pepper Snapple Group by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $109,000 after buying an additional 600 shares during the period. Parallel Advisors LLC increased its stake in shares of Dr Pepper Snapple Group by 34.9% during 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 period. Meeder Asset Management Inc. purchased a new stake in shares of Dr Pepper Snapple Group during the first quarter worth approximately $113,000. Financial Architects Inc increased its stake in shares of Dr Pepper Snapple Group by 4.8% during 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 period. Finally, Huntington National Bank increased its stake in shares of Dr Pepper Snapple Group by 51.8% during the second quarter. Huntington National Bank now owns 1,670 shares of the company’s stock worth $152,000 after buying an additional 570 shares during the period. Institutional investors own 89.98% of the company’s stock.

A number of analysts recently weighed in on the stock. BidaskClub upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. Jefferies Group LLC restated 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. Macquarie assumed coverage on shares of Dr Pepper Snapple Group in a research note on Friday, September 15th. They set a “neutral” rating and a $95.00 target price on the stock. Royal Bank Of Canada restated a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, June 9th. Finally, Susquehanna Bancshares Inc set a $96.00 target price on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $99.25.

In other 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 value of $292,331.60. Following the completion of the sale, the insider now directly owns 16,913 shares in the company, valued at approximately $1,564,621.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now owns 6,053 shares of the company’s stock, valued at $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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Shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) traded down 0.97% during trading on Friday, reaching $88.63. 308,048 shares of the company’s stock traded hands. The stock has a market capitalization of $16.11 billion, a PE ratio of 21.25 and a beta of 0.61. The company has a 50 day moving average price of $91.26 and a 200 day moving average price of $92.90. Dr Pepper Snapple Group, Inc has a 1-year low of $81.05 and a 1-year high of $99.47.

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

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th will be issued 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 2.59%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 55.64%.

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.

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

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