Axa lowered its holdings in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 4.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 831,050 shares of the company’s stock after selling 41,000 shares during the period. Axa owned approximately 0.46% of Dr Pepper Snapple Group worth $73,523,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gamco Investors INC. ET AL bought a new position in Dr Pepper Snapple Group in the second quarter worth approximately $88,794,000. Janus Henderson Group PLC boosted its holdings in Dr Pepper Snapple Group by 684.7% in the second quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock worth $87,880,000 after acquiring an additional 841,626 shares in the last quarter. BlackRock Inc. boosted its holdings in Dr Pepper Snapple Group by 4.9% in the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock worth $1,564,543,000 after acquiring an additional 802,560 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Dr Pepper Snapple Group by 195.9% in the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock worth $110,203,000 after acquiring an additional 800,808 shares in the last quarter. Finally, Gabelli Funds LLC bought a new position in Dr Pepper Snapple Group in the second quarter worth approximately $64,750,000. 91.27% of the stock is owned by institutional investors and hedge funds.

Shares of Dr Pepper Snapple Group Inc. (DPS) opened at $92.98 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74. Dr Pepper Snapple Group Inc. has a 52-week low of $83.23 and a 52-week high of $99.47. The stock has a market capitalization of $16,927.57, a price-to-earnings ratio of 21.31, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59.

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 Zacks’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The firm had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the business earned $1.17 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. equities analysts predict that Dr Pepper Snapple Group Inc. will post 4.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Thursday, December 14th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio is currently 58.15%.

A number of research analysts have recently weighed in on the company. BidaskClub upgraded 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 Friday, October 27th. Deutsche Bank assumed coverage on Dr Pepper Snapple Group in a report on Wednesday. They issued a “buy” rating and a $104.00 target price on the stock. Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Monday, October 16th. Finally, Susquehanna Bancshares set a $89.00 target price on Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company’s stock. Dr Pepper Snapple Group has a consensus rating of “Hold” and an average target price of $99.83.

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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.

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

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