QS Investors LLC lowered its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 45.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,258 shares of the company’s stock after selling 61,082 shares during the quarter. QS Investors LLC’s holdings in Dr Pepper Snapple Group were worth $6,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in DPS. UBS Asset Management Americas Inc. grew its holdings in shares of Dr Pepper Snapple Group by 1.5% in the first quarter. UBS Asset Management Americas Inc. now owns 740,107 shares of the company’s stock valued at $72,471,000 after purchasing an additional 11,059 shares during the period. Oxford Asset Management purchased a new stake in shares of Dr Pepper Snapple Group in the first quarter valued at about $1,326,000. Pacer Advisors Inc. grew its holdings in shares of Dr Pepper Snapple Group by 3.2% in the first quarter. Pacer Advisors Inc. now owns 3,585 shares of the company’s stock valued at $351,000 after purchasing an additional 110 shares during the period. GWM Advisors LLC purchased a new stake in shares of Dr Pepper Snapple Group in the first quarter valued at about $931,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of Dr Pepper Snapple Group by 6.0% in the first quarter. JPMorgan Chase & Co. now owns 8,323,977 shares of the company’s stock valued at $815,084,000 after purchasing an additional 474,447 shares during the period. 89.98% of the stock is owned by hedge funds and other institutional investors.

In other 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 sale, the insider now 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 can be accessed through the SEC website. 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 sale, the insider now 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 owned by insiders.

A number of brokerages recently issued reports on DPS. Jefferies Group LLC reissued a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Thursday, July 6th. Susquehanna Bancshares Inc set a $96.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Thursday, July 27th. 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 report on Tuesday, June 27th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Finally, Credit Suisse Group set a $107.00 target price on shares of Dr Pepper Snapple Group and gave the company a “buy” rating in a research report on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $99.25.

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Shares of Dr Pepper Snapple Group, Inc (DPS) traded up 0.12% during mid-day trading on Friday, hitting $88.47. 1,429,005 shares of the stock traded hands. The stock 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 one year low of $81.05 and a one year high of $99.47. The company has a market cap of $16.08 billion, a P/E ratio of 21.22 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.03). The business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.25 EPS. On average, analysts forecast that Dr Pepper Snapple Group, Inc will post $4.60 earnings per share for the current fiscal year.

The firm also recently declared 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 2.62%. The ex-dividend date is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 55.64%.

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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