Apertura Capital LLC Buys Shares of 200,000 Dr Pepper Snapple Group, Inc (DPS)

Apertura Capital LLC bought a new stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 200,000 shares of the company’s stock, valued at approximately $17,694,000. Dr Pepper Snapple Group makes up about 3.3% of Apertura Capital LLC’s portfolio, making the stock its 7th largest position. Apertura Capital LLC owned about 0.11% of Dr Pepper Snapple Group as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of DPS. Acrospire Investment Management LLC lifted its position in shares of Dr Pepper Snapple Group by 100.0% during the second 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 lifted its holdings in Dr Pepper Snapple Group by 34.9% in the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after acquiring an additional 313 shares during the last quarter. Financial Architects Inc lifted its holdings in Dr Pepper Snapple Group by 4.8% in the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after acquiring an additional 61 shares during the last quarter. Sun Life Financial INC lifted its holdings in Dr Pepper Snapple Group by 13,360.0% in the second quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock worth $123,000 after acquiring an additional 1,336 shares during the last quarter. Finally, Huntington National Bank lifted its holdings in Dr Pepper Snapple Group by 51.8% in the second quarter. Huntington National Bank now owns 1,670 shares of the company’s stock worth $152,000 after acquiring an additional 570 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have issued reports on DPS. Wells Fargo & Company raised shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. Macquarie began coverage on shares of Dr Pepper Snapple Group in a report on Friday, September 15th. They issued a “neutral” rating and a $95.00 target price on the stock. UBS AG raised their target price on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday, July 28th. BidaskClub raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Finally, Susquehanna Bancshares Inc set a $96.00 target price on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday, July 27th. One 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. The company currently has a consensus rating of “Hold” and a consensus price target of $99.45.

In related news, insider Angela A. Stephens sold 7,700 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The shares were 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 in the company, valued at $551,549.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.58% of the stock is owned by company insiders.

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Dr Pepper Snapple Group, Inc (NYSE:DPS) traded down $0.21 on Friday, hitting $87.12. The stock had a trading volume of 799,200 shares, compared to its average volume of 1,191,894. The company has a market capitalization of $15,740.00, a PE ratio of 19.85, a PEG ratio of 2.20 and a beta of 0.57. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93. Dr Pepper Snapple Group, Inc has a 52 week low of $82.24 and a 52 week high of $99.47.

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

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.66%. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

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.

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

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