Comerica Bank increased its stake in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 58,595 shares of the company’s stock after buying an additional 857 shares during the quarter. Comerica Bank’s holdings in Dr Pepper Snapple Group were worth $5,623,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Sentry Investment Management LLC boosted its holdings in shares of Dr Pepper Snapple Group by 1.1% during the second quarter. Sentry Investment Management LLC now owns 14,326 shares of the company’s stock worth $1,305,000 after purchasing an additional 151 shares during the period. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of Dr Pepper Snapple Group by 9.7% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 6,672 shares of the company’s stock worth $648,000 after purchasing an additional 589 shares during the period. SevenBridge Financial Group LLC boosted its holdings in shares of Dr Pepper Snapple Group by 17.2% during the third quarter. SevenBridge Financial Group LLC now owns 4,020 shares of the company’s stock worth $356,000 after purchasing an additional 590 shares during the period. Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Dr Pepper Snapple Group by 2.0% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 30,342 shares of the company’s stock worth $2,684,000 after purchasing an additional 600 shares during the period. Finally, BKD Wealth Advisors LLC boosted its holdings in shares of Dr Pepper Snapple Group by 16.9% during the fourth quarter. BKD Wealth Advisors LLC now owns 4,324 shares of the company’s stock worth $420,000 after purchasing an additional 625 shares during the period. Institutional investors and hedge funds own 90.74% of the company’s stock.

Shares of Dr Pepper Snapple Group Inc. (DPS) opened at $116.71 on Monday. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74. The stock has a market cap of $20,977.91, a P/E ratio of 26.52, a price-to-earnings-growth ratio of 2.16 and a beta of 0.79. Dr Pepper Snapple Group Inc. has a one year low of $83.23 and a one year high of $126.65.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Wednesday, March 21st will be paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Tuesday, March 20th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 58.15%.

DPS has been the subject of several research reports. BMO Capital Markets restated a “buy” rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, October 27th. Royal Bank of Canada restated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, October 25th. Susquehanna Bancshares set a $89.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Wells Fargo & Co raised their price target on shares of Dr Pepper Snapple Group from $98.00 to $112.00 and gave the stock an “outperform” rating in a report on Thursday, January 4th. Finally, Morgan Stanley decreased their price target 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. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $112.79.

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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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