Dr Pepper Snapple Group, Inc (NYSE:DPS) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P increased its holdings in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 4.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,408 shares of the company’s stock after acquiring an additional 11,569 shares during the period. Martingale Asset Management L P owned approximately 0.17% of Dr Pepper Snapple Group worth $27,462,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Fundsmith LLP raised its holdings in Dr Pepper Snapple Group by 0.5% in the first quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock worth $521,824,000 after buying an additional 24,232 shares during the last quarter. Chilton Investment Co. LLC purchased a new position in shares of Dr Pepper Snapple Group during the second quarter valued at approximately $21,943,000. Principal Financial Group Inc. raised its holdings in shares of Dr Pepper Snapple Group by 195.9% during the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after purchasing an additional 800,808 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Dr Pepper Snapple Group by 0.7% during the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after purchasing an additional 15,523 shares during the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of Dr Pepper Snapple Group during the first quarter valued at approximately $1,332,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research report on Tuesday, June 27th. Credit Suisse Group reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. BidaskClub upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Finally, BMO Capital Markets upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $98.00 to $105.00 in a research report on Wednesday, June 7th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $99.25.

In other news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total value of $292,331.60. Following the sale, the insider now owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares in the company, valued at approximately $551,549.36. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (DPS) opened at 88.74 on Monday. The stock has a market cap of $16.13 billion, a P/E ratio of 21.28 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 1-year low of $81.05 and a 1-year high of $99.47. The company’s 50-day moving average is $91.26 and its 200-day moving average is $92.90.

Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.03). The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. Dr Pepper Snapple Group’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 EPS. Equities analysts expect that Dr Pepper Snapple Group, Inc will post $4.61 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be given a dividend of $0.58 per share. The ex-dividend date is Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a yield of 2.61%. Dr Pepper Snapple Group’s dividend payout ratio is currently 55.64%.

TRADEMARK VIOLATION NOTICE: “Dr Pepper Snapple Group, Inc (NYSE:DPS) Shares Bought by Martingale Asset Management L P” was originally posted by The Ledger Gazette and is the sole

Other institutional investors have also recently modified their holdings of the company. Fundsmith LLP raised its holdings in Dr Pepper Snapple Group by 0.5% in the first quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock worth $521,824,000 after buying an additional 24,232 shares during the last quarter. Chilton Investment Co. LLC purchased a new position in shares of Dr Pepper Snapple Group during the second quarter valued at approximately $21,943,000. Principal Financial Group Inc. raised its holdings in shares of Dr Pepper Snapple Group by 195.9% during the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after purchasing an additional 800,808 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Dr Pepper Snapple Group by 0.7% during the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after purchasing an additional 15,523 shares during the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of Dr Pepper Snapple Group during the first quarter valued at approximately $1,332,000. 89.98% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research report on Tuesday, June 27th. Credit Suisse Group reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. BidaskClub upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Finally, BMO Capital Markets upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $98.00 to $105.00 in a research report on Wednesday, June 7th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $99.25.

In other news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total value of $292,331.60. Following the sale, the insider now owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares in the company, valued at approximately $551,549.36. The disclosure for this sale can be found here. Insiders own 0.58% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (DPS) opened at 88.74 on Monday. The stock has a market cap of $16.13 billion, a P/E ratio of 21.28 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 1-year low of $81.05 and a 1-year high of $99.47. The company’s 50-day moving average is $91.26 and its 200-day moving average is $92.90.

Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.03). The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. Dr Pepper Snapple Group’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 EPS. Equities analysts expect that Dr Pepper Snapple Group, Inc will post $4.61 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be given a dividend of $0.58 per share. The ex-dividend date is Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a yield of 2.61%. Dr Pepper Snapple Group’s dividend payout ratio is currently 55.64%.

TRADEMARK VIOLATION NOTICE: “Dr Pepper Snapple Group, Inc (NYSE:DPS) Shares Bought by Martingale Asset Management L P” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://ledgergazette.com/2017/09/25/martingale-asset-management-l-p-acquires-11569-shares-of-dr-pepper-snapple-group-inc-dps.html.

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.

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

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