Accident Compensation Corp Acquires 4,000 Shares of Dr Pepper Snapple Group Inc. (DPS)

Accident Compensation Corp lifted its holdings in Dr Pepper Snapple Group Inc. (NYSE:DPS) by 33.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,800 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Accident Compensation Corp’s holdings in Dr Pepper Snapple Group were worth $1,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Greenwood Capital Associates LLC boosted its holdings in shares of Dr Pepper Snapple Group by 1.4% during the second quarter. Greenwood Capital Associates LLC now owns 3,534 shares of the company’s stock worth $322,000 after purchasing an additional 49 shares during the period. Argent Trust Co boosted its holdings in shares of Dr Pepper Snapple Group by 1.1% during the second quarter. Argent Trust Co now owns 5,048 shares of the company’s stock worth $460,000 after purchasing an additional 55 shares during the period. Advisor Group Inc. boosted its holdings in shares of Dr Pepper Snapple Group by 0.7% during the second quarter. Advisor Group Inc. now owns 9,461 shares of the company’s stock worth $853,000 after purchasing an additional 68 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Dr Pepper Snapple Group by 0.5% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,656 shares of the company’s stock worth $1,244,000 after purchasing an additional 74 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Dr Pepper Snapple Group by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,926 shares of the company’s stock worth $175,000 after purchasing an additional 120 shares during the period. Institutional investors own 91.12% of the company’s stock.

Several analysts recently commented on the stock. BMO Capital Markets restated a “buy” rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, October 27th. Morgan Stanley decreased their price target on shares of Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating for the company in a report on Thursday, October 26th. Stifel Nicolaus reduced their target price on shares of Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, October 26th. Royal Bank Of Canada reiterated a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. Finally, Susquehanna Bancshares set a $89.00 target price on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the stock. Dr Pepper Snapple Group currently has an average rating of “Hold” and an average price target of $99.45.

Dr Pepper Snapple Group Inc. (NYSE:DPS) opened at $94.95 on Thursday. Dr Pepper Snapple Group Inc. has a 52-week low of $83.23 and a 52-week high of $99.47. The company has a market cap of $16,880.63, a P/E ratio of 21.25, a PEG ratio of 2.35 and a beta of 0.59. The company has a debt-to-equity ratio of 2.07, a current ratio of 0.93 and a quick ratio of 0.74.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the business earned $1.17 EPS. The company’s revenue for the quarter was up 3.6% compared to the same quarter last year. sell-side analysts forecast that Dr Pepper Snapple Group Inc. will post 4.54 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio is 58.15%.

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About Dr Pepper Snapple Group

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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