Cambria Investment Management L.P. reduced its position in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 4.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,457 shares of the company’s stock after selling 759 shares during the period. Cambria Investment Management L.P.’s holdings in Dr Pepper Snapple Group were worth $1,544,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Janney Montgomery Scott LLC grew its stake in shares of Dr Pepper Snapple Group by 5.0% during the second quarter. Janney Montgomery Scott LLC now owns 5,725 shares of the company’s stock worth $522,000 after buying an additional 272 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Dr Pepper Snapple Group by 6.2% in the second quarter. Daiwa Securities Group Inc. now owns 5,174 shares of the company’s stock worth $471,000 after purchasing an additional 300 shares during the last quarter. Global X Management Co. LLC grew its stake in shares of Dr Pepper Snapple Group by 7.3% in the second quarter. Global X Management Co. LLC now owns 6,428 shares of the company’s stock worth $586,000 after purchasing an additional 440 shares during the last quarter. Cigna Investments Inc. New bought a new stake in shares of Dr Pepper Snapple Group in the second quarter worth $659,000. Finally, First Trust Advisors LP grew its stake in shares of Dr Pepper Snapple Group by 72.6% in the second quarter. First Trust Advisors LP now owns 447,077 shares of the company’s stock worth $40,733,000 after purchasing an additional 187,985 shares during the last quarter. Institutional investors and hedge funds own 91.27% of the company’s stock.

DPS has been the topic of several analyst reports. BidaskClub raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 17th. BMO Capital Markets reissued a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research note on Wednesday, September 6th. Macquarie initiated coverage on shares of Dr Pepper Snapple Group in a research note on Friday, September 15th. They issued a “neutral” rating and a $95.00 price objective on the stock. Jefferies Group reduced their price objective on shares of Dr Pepper Snapple Group from $112.00 to $111.00 and set a “buy” rating on the stock in a research note on Friday, October 13th. Finally, Zacks Investment Research cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $99.45.

Dr Pepper Snapple Group Inc. (NYSE:DPS) traded up $0.37 during mid-day trading on Tuesday, reaching $94.52. 721,500 shares of the company traded hands, compared to its average volume of 1,186,615. The firm has a market capitalization 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. 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 Inc. has a 1-year low of $83.23 and a 1-year high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.06). The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. Dr Pepper Snapple Group’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.17 EPS. equities analysts anticipate that Dr Pepper Snapple Group Inc. will post 4.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be issued a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $2.32 annualized dividend and a yield of 2.45%. Dr Pepper Snapple Group’s payout ratio is 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.

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

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