Exxonmobil Investment Management Inc. TX cut its stake in Dr Pepper Snapple Group Inc. (NYSE:DPS) by 13.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,707 shares of the company’s stock after selling 4,479 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in Dr Pepper Snapple Group were worth $2,786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Acrospire Investment Management LLC lifted 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 buying an additional 600 shares during the period. Amica Retiree Medical Trust purchased a new stake in Dr Pepper Snapple Group in the third quarter worth about $110,000. Sun Life Financial INC lifted 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 buying an additional 1,336 shares during the period. Northwestern Mutual Wealth Management Co. lifted 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 buying an additional 120 shares during the period. Finally, Seven Eight Capital LP purchased a new stake in Dr Pepper Snapple Group in the second quarter worth about $182,000. Institutional investors and hedge funds own 91.07% of the company’s stock.

DPS has been the subject of several research analyst reports. Deutsche Bank initiated coverage on shares of Dr Pepper Snapple Group in a report on Wednesday, December 13th. They issued a “buy” rating and a $104.00 price objective for the company. Morgan Stanley lowered their price objective on shares of Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating for the company in a report on Thursday, October 26th. Wells Fargo & Co upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. Royal Bank of Canada restated a “hold” rating and issued a $91.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, October 25th. Finally, Stifel Nicolaus lowered their target price on shares of Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a report on Thursday, October 26th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $102.38.

Dr Pepper Snapple Group Inc. (DPS) opened at $95.24 on Friday. Dr Pepper Snapple Group Inc. has a 1-year low of $83.23 and a 1-year high of $99.47. The stock has a market cap of $17,190.00, a P/E ratio of 23.87, a PEG ratio of 2.05 and a beta of 0.58. 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 released its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The business had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the previous year, the business posted $1.17 earnings per share. Dr Pepper Snapple Group’s revenue for the quarter was up 3.6% on a year-over-year basis. sell-side analysts predict that Dr Pepper Snapple Group Inc. will post 4.53 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th were issued a dividend of $0.58 per share. The ex-dividend date was Wednesday, December 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.44%. Dr Pepper Snapple Group’s payout ratio is 58.15%.

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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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