Dr Pepper Snapple Group, Inc (DPS) Stake Decreased by Oakbrook Investments LLC

Oakbrook Investments LLC lowered its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 6.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,330 shares of the company’s stock after selling 470 shares during the period. Oakbrook Investments LLC’s holdings in Dr Pepper Snapple Group were worth $668,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of DPS. Huntington National Bank increased its stake in shares of Dr Pepper Snapple Group by 5.4% in the first quarter. Huntington National Bank now owns 1,100 shares of the company’s stock worth $108,000 after buying an additional 56 shares during the period. Baystate Wealth Management LLC boosted its position in shares of Dr Pepper Snapple Group by 5.0% in the first quarter. Baystate Wealth Management LLC now owns 1,113 shares of the company’s stock worth $108,000 after buying an additional 53 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Dr Pepper Snapple Group during the first quarter worth $113,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of Dr Pepper Snapple Group by 3.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,817 shares of the company’s stock worth $178,000 after buying an additional 57 shares in the last quarter. Finally, Checchi Capital Advisers LLC purchased a new position in shares of Dr Pepper Snapple Group during the first quarter worth $204,000. Hedge funds and other institutional investors own 91.54% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (DPS) traded down 0.70% during trading on Friday, reaching $91.08. The company’s stock had a trading volume of 1,226,608 shares. The stock has a market cap of $16.55 billion, a price-to-earnings ratio of 21.84 and a beta of 0.60. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47. The company has a 50 day moving average of $90.77 and a 200-day moving average of $93.17.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by $0.03. Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The company had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter last year, the company earned $1.25 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. Analysts forecast that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders 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 2.55%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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A number of equities analysts recently weighed in on DPS shares. Morgan Stanley raised Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 16th. Barclays PLC reissued a “hold” rating and set a $99.00 price objective on shares of Dr Pepper Snapple Group in a report on Friday, April 28th. Jefferies Group LLC reissued a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. Zacks Investment Research raised Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective on the stock in a report on Tuesday, June 27th. Finally, Credit Suisse Group reissued a “buy” rating on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. Dr Pepper Snapple Group has a consensus rating of “Hold” and an average target price of $99.64.

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 transaction of $292,331.60. Following the sale, the insider now directly owns 16,913 shares in the company, valued at $1,564,621.63. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.58% of the company’s stock.

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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