BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed its holdings in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 3.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,287 shares of the company’s stock after selling 4,000 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned about 0.06% of Dr Pepper Snapple Group worth $8,872,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Dr Pepper Snapple Group by 2.9% in the second quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock valued at $1,677,174,000 after buying an additional 510,155 shares during the period. BlackRock Inc. lifted its stake in shares of Dr Pepper Snapple Group by 4.9% in the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after buying an additional 802,560 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Dr Pepper Snapple Group by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 8,518,554 shares of the company’s stock valued at $752,699,000 after buying an additional 119,413 shares during the period. FMR LLC lifted its stake in shares of Dr Pepper Snapple Group by 4.7% in the second quarter. FMR LLC now owns 2,984,283 shares of the company’s stock valued at $271,898,000 after buying an additional 134,256 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Dr Pepper Snapple Group by 0.7% in the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after buying an additional 15,523 shares during the period. 91.27% of the stock is currently owned by hedge funds and other institutional investors.

DPS has been the subject of a number of analyst reports. BMO Capital Markets restated a “buy” rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a research note on Friday, October 27th. Jefferies Group cut their price target on shares of Dr Pepper Snapple Group from $112.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, October 13th. Stifel Nicolaus cut their price target on shares of Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, October 26th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $91.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, October 25th. Finally, Susquehanna Bancshares set a $89.00 price objective on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $99.45.

Shares of Dr Pepper Snapple Group Inc. (DPS) opened at $94.15 on Monday. The company has a market cap of $16,997.98, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 2.37 and a beta of 0.59. Dr Pepper Snapple Group Inc. has a fifty-two week low of $83.23 and a fifty-two week high of $99.47. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.06). The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.17 earnings per share. equities analysts forecast that Dr Pepper Snapple Group Inc. will post 4.54 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be given a $0.58 dividend. The ex-dividend date is Wednesday, December 13th. This represents a $2.32 annualized dividend and a yield of 2.46%. Dr Pepper Snapple Group’s dividend payout ratio is currently 58.15%.

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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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