State Street Corp Has $775.99 Million Holdings in Dr Pepper Snapple Group, Inc (DPS)

State Street Corp grew its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 0.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,517,082 shares of the company’s stock after buying an additional 11,869 shares during the quarter. State Street Corp owned 4.69% of Dr Pepper Snapple Group worth $775,991,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in DPS. Acrospire Investment Management LLC raised its position in Dr Pepper Snapple Group by 100.0% during the 2nd 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 last quarter. Parallel Advisors LLC raised its position in Dr Pepper Snapple Group by 34.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after buying an additional 313 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Dr Pepper Snapple Group during the 1st quarter worth $113,000. Financial Architects Inc raised its position in Dr Pepper Snapple Group by 4.8% during the 2nd quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after buying an additional 61 shares during the last quarter. Finally, Sun Life Financial INC raised its position in Dr Pepper Snapple Group by 13,360.0% during the 2nd 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 last quarter. Institutional investors own 89.98% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 88.20 on Tuesday. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47. The firm’s 50-day moving average is $90.21 and its 200 day moving average is $92.18. The stock has a market capitalization of $16.03 billion, a P/E ratio of 21.15 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly 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). Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The business had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the firm posted $1.25 earnings per share. Dr Pepper Snapple Group’s revenue was up 6.0% compared to the same quarter last year. Equities research analysts anticipate that Dr Pepper Snapple Group, Inc will post $4.60 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th were given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 2.63%. The ex-dividend date was Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total transaction of $292,331.60. Following the sale, the insider now owns 16,913 shares in the company, valued at approximately $1,564,621.63. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the sale, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION NOTICE: “State Street Corp Has $775.99 Million Holdings in Dr Pepper Snapple Group, Inc (DPS)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/10/state-street-corp-has-775-99-million-holdings-in-dr-pepper-snapple-group-inc-dps.html.

A number of equities analysts have commented on the stock. Credit Suisse Group restated 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 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 report on Friday, June 23rd. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, UBS AG increased their price target on sha

A number of other institutional investors have also recently made changes to their positions in DPS. Acrospire Investment Management LLC raised its position in Dr Pepper Snapple Group by 100.0% during the 2nd 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 last quarter. Parallel Advisors LLC raised its position in Dr Pepper Snapple Group by 34.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after buying an additional 313 shares during the last quarter. Meeder Asset Management Inc. purchased a new position in Dr Pepper Snapple Group during the 1st quarter worth $113,000. Financial Architects Inc raised its position in Dr Pepper Snapple Group by 4.8% during the 2nd quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after buying an additional 61 shares during the last quarter. Finally, Sun Life Financial INC raised its position in Dr Pepper Snapple Group by 13,360.0% during the 2nd 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 last quarter. Institutional investors own 89.98% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 88.20 on Tuesday. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47. The firm’s 50-day moving average is $90.21 and its 200 day moving average is $92.18. The stock has a market capitalization of $16.03 billion, a P/E ratio of 21.15 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly 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). Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The business had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter last year, the firm posted $1.25 earnings per share. Dr Pepper Snapple Group’s revenue was up 6.0% compared to the same quarter last year. Equities research analysts anticipate that Dr Pepper Snapple Group, Inc will post $4.60 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th were given a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 2.63%. The ex-dividend date was Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the business’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total transaction of $292,331.60. Following the sale, the insider now owns 16,913 shares in the company, valued at approximately $1,564,621.63. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the sale, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION NOTICE: “State Street Corp Has $775.99 Million Holdings in Dr Pepper Snapple Group, Inc (DPS)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://ledgergazette.com/2017/10/10/state-street-corp-has-775-99-million-holdings-in-dr-pepper-snapple-group-inc-dps.html.

A number of equities analysts have commented on the stock. Credit Suisse Group restated 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 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 report on Friday, June 23rd. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, UBS AG increased their price target on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the company a “neutral” rating in a report on Friday, July 28th. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Dr Pepper Snapple Group currently has an average rating of “Hold” and an average target price of $100.00.

Dr Pepper Snapple Group Company 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)

Receive News & Ratings for Dr Pepper Snapple Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply