San Francisco Sentry Investment Group CA trimmed its holdings in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 4.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,231 shares of the company’s stock after selling 100 shares during the quarter. San Francisco Sentry Investment Group CA’s holdings in Dr Pepper Snapple Group were worth $203,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Dr Pepper Snapple Group by 2.9% during the second quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock worth $1,677,174,000 after purchasing an additional 510,155 shares during the last quarter. BlackRock Inc. lifted its position in shares of Dr Pepper Snapple Group by 4.9% during the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock worth $1,564,543,000 after purchasing an additional 802,560 shares during the last quarter. State Street Corp lifted its position in shares of Dr Pepper Snapple Group by 0.4% during the first quarter. State Street Corp now owns 8,505,213 shares of the company’s stock worth $832,832,000 after purchasing an additional 34,155 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Dr Pepper Snapple Group by 0.9% during the second quarter. JPMorgan Chase & Co. now owns 8,399,141 shares of the company’s stock worth $765,245,000 after purchasing an additional 75,164 shares during the last quarter. Finally, FMR LLC lifted its position in shares of Dr Pepper Snapple Group by 4.7% during the second quarter. FMR LLC now owns 2,984,283 shares of the company’s stock worth $271,898,000 after purchasing an additional 134,256 shares during the last quarter. Institutional investors and hedge funds own 89.98% of the company’s stock.

In other Dr Pepper Snapple Group news, 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 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 disclosure for this sale can be found here. Company insiders own 0.58% of the company’s stock.

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Dr Pepper Snapple Group, Inc (DPS) traded up 0.05% during mid-day trading on Friday, hitting $87.97. The company had a trading volume of 96,324 shares. Dr Pepper Snapple Group, Inc has a 52-week low of $81.05 and a 52-week high of $99.47. The company has a 50-day moving average price of $90.39 and a 200 day moving average price of $92.37. The company has a market capitalization of $15.99 billion, a P/E ratio of 21.10 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last announced its earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter last year, the business earned $1.25 earnings per share. The business’s revenue was up 6.0% compared to the same quarter last year. On average, analysts forecast that Dr Pepper Snapple Group, Inc will post $4.60 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Investors of record on Thursday, September 14th were issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date was Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 55.64%.

Several analysts have recently weighed in on DPS shares. Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Jefferies Group LLC reiterated a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Credit Suisse Group AG reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. BMO Capital Markets reiterated a “buy” rating and set a $105.00 target price on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. Finally, Cowen and Company reiterated a “hold” rating and set a $96.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, July 14th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $100.00.

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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