ValuEngine upgraded shares of Keurig Dr Pepper (NYSE:KDP) from a sell rating to a hold rating in a report released on Tuesday morning, ValuEngine reports.

Shares of KDP stock traded up $0.29 on Tuesday, reaching $28.87. 59,975 shares of the company were exchanged, compared to its average volume of 2,932,205. The company has a market cap of $40.39 billion, a price-to-earnings ratio of 36.99, a PEG ratio of 1.35 and a beta of 0.48. The company has a 50-day moving average of $28.33 and a 200-day moving average of $28.27. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.35 and a quick ratio of 0.23. Keurig Dr Pepper has a one year low of $25.05 and a one year high of $32.00.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Friday, April 3rd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.08%. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 57.69%.

In related news, Director Robert S. Singer acquired 4,500 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were bought at an average price of $30.42 per share, with a total value of $136,890.00. Also, insider Mary Beth Denooyer bought 6,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was acquired at an average price of $30.08 per share, for a total transaction of $180,480.00. The disclosure for this purchase can be found here. Insiders have bought a total of 29,500 shares of company stock worth $885,750 in the last three months. Insiders own 0.44% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC raised its holdings in shares of Keurig Dr Pepper by 438.7% in the 4th quarter. Global Retirement Partners LLC now owns 878 shares of the company’s stock worth $25,000 after acquiring an additional 715 shares during the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in shares of Keurig Dr Pepper in the 4th quarter worth about $26,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its holdings in shares of Keurig Dr Pepper by 150.0% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,000 shares of the company’s stock worth $29,000 after acquiring an additional 600 shares during the last quarter. Fulcrum Equity Management acquired a new stake in shares of Keurig Dr Pepper in the 3rd quarter worth about $30,000. Finally, Chevy Chase Trust Holdings Inc. acquired a new stake in shares of Keurig Dr Pepper in the 4th quarter worth about $36,000. Institutional investors own 20.55% of the company’s stock.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through four segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages, and Coffee Systems. The Beverage Concentrates segment manufactures and sells beverage concentrates. This segment also manufactures beverage concentrates into syrup.

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Analyst Recommendations for Keurig Dr Pepper (NYSE:KDP)

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