Caxton Associates LP Invests $565,000 in Dr Pepper Snapple Group, Inc (DPS) Stock

Caxton Associates LP acquired a new position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,200 shares of the company’s stock, valued at approximately $565,000.

Other institutional investors have also modified their holdings of the company. Meeder Asset Management Inc. purchased a new position in Dr Pepper Snapple Group during the 1st quarter worth $113,000. Acrospire Investment Management LLC grew 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 purchasing an additional 600 shares during the last quarter. Parallel Advisors LLC grew 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 purchasing an additional 313 shares during the last quarter. Financial Architects Inc grew 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 purchasing an additional 61 shares during the last quarter. Finally, Sun Life Financial INC grew 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 purchasing an additional 1,336 shares during the last quarter. 89.98% of the stock is currently owned by institutional investors.

Shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) traded up 0.19% during mid-day trading on Wednesday, hitting $88.78. 25,212 shares of the stock traded hands. The stock has a market cap of $16.13 billion, a P/E ratio of 21.29 and a beta of 0.61. The firm’s 50 day moving average price is $90.13 and its 200-day moving average price is $92.12. 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 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). The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.25 EPS. Analysts predict that Dr Pepper Snapple Group, Inc will post $4.60 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.62%. Dr Pepper Snapple Group’s dividend payout ratio is currently 55.64%.

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In other news, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the transaction, the insider now 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 can be accessed through this hyperlink. Also, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total transaction of $701,624.00. Following the transaction, the insider now owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The disclosure for this sale can be found here. 0.58% of the stock is currently owned by corporate insiders.

DPS has been the topic of several research reports. Jefferies Group LLC reissued a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. Credit Suisse Group reissued a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. BMO Capital Markets reissued 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. Cowen and Company reissued a “hold” rating and set a $96.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, July 14th. Finally, Susquehanna Bancshares Inc set a $96.00 price objective on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $100.00.

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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