Keurig Dr Pepper Inc (NYSE:KDP) Director Robert S. Singer acquired 5,000 shares of the stock in a transaction on Friday, November 9th. The stock was bought at an average price of $28.35 per share, with a total value of $141,750.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Keurig Dr Pepper stock traded down $0.58 during midday trading on Tuesday, hitting $27.93. 2,648,615 shares of the stock were exchanged, compared to its average volume of 2,953,453. Keurig Dr Pepper Inc has a 52 week low of $20.46 and a 52 week high of $126.65. The firm has a market capitalization of $39.62 billion, a price-to-earnings ratio of 6.15, a PEG ratio of 1.64 and a beta of 0.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.40 and a quick ratio of 0.28.

Keurig Dr Pepper (NYSE:KDP) last released its quarterly earnings data on Wednesday, November 7th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.02. Keurig Dr Pepper had a net margin of 13.55% and a return on equity of 15.76%. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the firm earned $0.21 EPS. Keurig Dr Pepper’s quarterly revenue was up 139.6% compared to the same quarter last year. As a group, analysts predict that Keurig Dr Pepper Inc will post 1.04 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 19th. Investors of record on Friday, October 5th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.15%. The ex-dividend date was Thursday, October 4th. Keurig Dr Pepper’s payout ratio is 13.22%.

KDP has been the subject of several research reports. Bank of America set a $30.00 price objective on shares of Keurig Dr Pepper and gave the company a “buy” rating in a research report on Monday, July 16th. Goldman Sachs Group initiated coverage on shares of Keurig Dr Pepper in a research report on Wednesday, July 18th. They issued a “neutral” rating and a $26.00 price objective for the company. Susquehanna Bancshares initiated coverage on shares of Keurig Dr Pepper in a research report on Wednesday, July 25th. They issued a “positive” rating and a $33.00 price objective for the company. ValuEngine cut shares of Keurig Dr Pepper from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 2nd. Finally, Citigroup raised their price objective on shares of Keurig Dr Pepper from $15.46 to $26.00 and gave the company a “neutral” rating in a research report on Friday, August 10th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $26.16.

Institutional investors have recently added to or reduced their stakes in the stock. Columbia Asset Management bought a new position in Keurig Dr Pepper during the 3rd quarter worth approximately $107,000. Ledyard National Bank bought a new position in Keurig Dr Pepper during the 3rd quarter worth approximately $117,000. Whittier Trust Co. of Nevada Inc. bought a new position in Keurig Dr Pepper during the 3rd quarter worth approximately $116,000. KCM Investment Advisors LLC acquired a new stake in Keurig Dr Pepper during the 2nd quarter worth approximately $677,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Keurig Dr Pepper during the 3rd quarter worth approximately $141,000. 11.91% of the stock is currently owned by institutional investors and hedge funds.

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Keurig Dr Pepper Company Profile

Keurig Dr Pepper Inc engages in the brewing system and specialty coffee businesses in the United States and Canada. The company sources, produces, and sells coffee, hot cocoa, teas, and other beverages in K-Cup, Vue, Rivo, K-Carafe, and K-Mug pods brands; coffee in traditional packaging, including bags and fractional packs; and other specialty beverages in pods.

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Insider Buying and Selling by Quarter for Keurig Dr Pepper (NYSE:KDP)

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