FDO Partners LLC acquired a new stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,897 shares of the company’s stock, valued at approximately $284,000.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Dr Pepper Snapple Group during the fourth quarter valued at $163,359,000. Westwood Holdings Group Inc. bought a new stake in Dr Pepper Snapple Group during the fourth quarter valued at $100,942,000. FIL Ltd raised its stake in Dr Pepper Snapple Group by 521.2% in the first quarter. FIL Ltd now owns 990,941 shares of the company’s stock valued at $97,033,000 after buying an additional 831,425 shares in the last quarter. Bank of Montreal Can raised its stake in Dr Pepper Snapple Group by 43.4% in the first quarter. Bank of Montreal Can now owns 2,679,499 shares of the company’s stock valued at $262,375,000 after buying an additional 810,357 shares in the last quarter. Finally, FMR LLC raised its stake in Dr Pepper Snapple Group by 27.4% in the first quarter. FMR LLC now owns 2,850,027 shares of the company’s stock valued at $279,075,000 after buying an additional 613,545 shares in the last quarter. Institutional investors own 91.08% of the company’s stock.

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

Dr Pepper Snapple Group, Inc (NYSE DPS) traded down 0.55% on Friday, hitting $93.26. The stock had a trading volume of 1,717,983 shares. The firm has a market capitalization of $17.14 billion, a price-to-earnings ratio of 20.52 and a beta of 0.62. 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 $91.89 and its 200-day moving average is $92.75.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Wednesday, April 26th. The company reported $1.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.05. Dr Pepper Snapple Group had a net margin of 13.03% and a return on equity of 38.52%. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the company posted $0.94 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, analysts forecast that Dr Pepper Snapple Group, Inc will post $4.64 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th will be paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Monday, June 12th. Dr Pepper Snapple Group’s dividend payout ratio is currently 51.10%.

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Several equities research analysts have recently weighed in on DPS shares. Jefferies Group LLC reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, March 24th. Morgan Stanley upgraded Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 16th. Barclays PLC restated a “hold” rating and set a $99.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. Zacks Investment Research upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 7th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $98.77.

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.

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