Zeke Capital Advisors LLC purchased a new stake in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,348 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Acrospire Investment Management LLC boosted its holdings in Dr Pepper Snapple Group by 100.0% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $109,000 after purchasing an additional 600 shares during the last quarter. Parallel Advisors LLC boosted its holdings in Dr Pepper Snapple Group by 34.9% in the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after purchasing an additional 313 shares during the last quarter. Amica Retiree Medical Trust purchased a new stake in Dr Pepper Snapple Group in the third quarter worth approximately $110,000. Sun Life Financial INC boosted its holdings in Dr Pepper Snapple Group by 13,360.0% in the second quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock worth $123,000 after purchasing an additional 1,336 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in 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 worth $175,000 after purchasing an additional 120 shares during the last quarter. 91.12% of the stock is owned by institutional investors.

Several equities research analysts recently issued reports on the stock. BidaskClub upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. BMO Capital Markets restated a “buy” rating and issued a $105.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Macquarie assumed coverage on shares of Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 target price on the stock. Susquehanna Bancshares set a $89.00 target price on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, Zacks Investment Research cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. Dr Pepper Snapple Group has an average rating of “Hold” and an average target price of $99.45.

Dr Pepper Snapple Group Inc. (NYSE DPS) opened at $93.10 on Tuesday. The firm has a market cap of $16,810.00, a price-to-earnings ratio of 20.51, a PEG ratio of 2.27 and a beta of 0.59. Dr Pepper Snapple Group Inc. has a one year low of $83.23 and a one year high of $99.47. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The business had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.17 EPS. equities research analysts forecast that Dr Pepper Snapple Group Inc. will post 4.54 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

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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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