Bank of Nova Scotia Grows Position in Dr Pepper Snapple Group, Inc (DPS)

Bank of Nova Scotia boosted its stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 691.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,791 shares of the company’s stock after acquiring an additional 36,511 shares during the quarter. Bank of Nova Scotia’s holdings in Dr Pepper Snapple Group were worth $3,808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of DPS. BlackRock Inc. lifted its position in Dr Pepper Snapple Group by 1,517.3% during the 1st quarter. BlackRock Inc. now owns 16,369,447 shares of the company’s stock worth $1,602,895,000 after acquiring an additional 15,357,318 shares during the period. Gamco Investors INC. ET AL acquired a new stake in Dr Pepper Snapple Group during the 2nd quarter worth approximately $88,794,000. Janus Henderson Group PLC lifted its position in Dr Pepper Snapple Group by 684.7% during the 2nd quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock worth $87,880,000 after acquiring an additional 841,626 shares during the period. Principal Financial Group Inc. lifted its position in Dr Pepper Snapple Group by 195.9% during the 2nd quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock worth $110,203,000 after acquiring an additional 800,808 shares during the period. Finally, Gabelli Funds LLC acquired a new stake in Dr Pepper Snapple Group during the 2nd quarter worth approximately $64,750,000. 89.96% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: “Bank of Nova Scotia Grows Position in Dr Pepper Snapple Group, Inc (DPS)” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/18/bank-of-nova-scotia-grows-position-in-dr-pepper-snapple-group-inc-dps.html.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 16,913 shares in the company, valued at $1,564,621.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction that occurred 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 owns 6,053 shares of the company’s stock, valued at $551,549.36. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company’s stock.

A number of research firms have weighed in on DPS. Zacks Investment Research cut Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday. BidaskClub raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Jefferies Group LLC reaffirmed a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Tuesday, August 1st. Susquehanna Bancshares Inc set a $96.00 price objective on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. Dr Pepper Snapple Group currently has a consensus rating of “Hold” and a consensus price target of $99.89.

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 89.37 on Wednesday. The stock has a 50 day moving average price of $89.95 and a 200 day moving average price of $91.95. The firm has a market capitalization of $16.24 billion, a PE ratio of 21.43 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates 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%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $1.25 earnings per share. Analysts predict that Dr Pepper Snapple Group, Inc will post $4.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th w

A number of other institutional investors also recently bought and sold shares of DPS. BlackRock Inc. lifted its position in Dr Pepper Snapple Group by 1,517.3% during the 1st quarter. BlackRock Inc. now owns 16,369,447 shares of the company’s stock worth $1,602,895,000 after acquiring an additional 15,357,318 shares during the period. Gamco Investors INC. ET AL acquired a new stake in Dr Pepper Snapple Group during the 2nd quarter worth approximately $88,794,000. Janus Henderson Group PLC lifted its position in Dr Pepper Snapple Group by 684.7% during the 2nd quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock worth $87,880,000 after acquiring an additional 841,626 shares during the period. Principal Financial Group Inc. lifted its position in Dr Pepper Snapple Group by 195.9% during the 2nd quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock worth $110,203,000 after acquiring an additional 800,808 shares during the period. Finally, Gabelli Funds LLC acquired a new stake in Dr Pepper Snapple Group during the 2nd quarter worth approximately $64,750,000. 89.96% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: “Bank of Nova Scotia Grows Position in Dr Pepper Snapple Group, Inc (DPS)” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this piece of content can be viewed at https://ledgergazette.com/2017/10/18/bank-of-nova-scotia-grows-position-in-dr-pepper-snapple-group-inc-dps.html.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 16,913 shares in the company, valued at $1,564,621.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction that occurred 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 owns 6,053 shares of the company’s stock, valued at $551,549.36. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company’s stock.

A number of research firms have weighed in on DPS. Zacks Investment Research cut Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday. BidaskClub raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Jefferies Group LLC reaffirmed a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Tuesday, August 1st. Susquehanna Bancshares Inc set a $96.00 price objective on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. Dr Pepper Snapple Group currently has a consensus rating of “Hold” and a consensus price target of $99.89.

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 89.37 on Wednesday. The stock has a 50 day moving average price of $89.95 and a 200 day moving average price of $91.95. The firm has a market capitalization of $16.24 billion, a PE ratio of 21.43 and a beta of 0.61. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates 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%. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter last year, the company earned $1.25 earnings per share. Analysts predict that Dr Pepper Snapple Group, Inc will post $4.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Shareholders of record on Thursday, September 14th were given a $0.58 dividend. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a yield of 2.60%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 55.64%.

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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